Review - Senior Mortgage Banker Rocket Employee Review

2.0
May 11, 2012
Recommend
CEO approval
Business Outlook

Pros

The mortgage banking career at Quicken is not for everyone but if your driven, willing to work your ass off while being micromanaged you can make real money especially for kids out of college. The other mortgage banker you work with are laid back and if you can close on the phone you will make 100k plus!

Cons

Quicken Managers micromanage all seniority level bankers, management gets pissed when you take time off, you will work 60 plus hours for the first year or so and at least two Saturdays a month, the turnover is terrible, no loyalty to employees, Upper Management on a Branch level is questionable, Reduce Compensation plan for Mortgage Bankers 6 times in three years (reducing pay and increasing production requirements each time).

Explore other reviews about Rocket

5.0
Jun 22, 2026
Recommend
CEO approval
Business Outlook

Pros

Knowledge rich, great culture, and a lot of remarkable people to work with

Cons

if you're in sales, you will not have much of a life outside of your team, but that's on you to have a good time with them

2.0
Jul 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Licenses are paid for by the company The early trainings are effective Strong values that help set employees on the right path of actions professionally

Cons

"Limitless compensation" is oversold when there may not be ample opportunities to make a 6 figure income that they might promise. Work/Life Balance is a struggle as it is normal to assume 60+ hour weeks outside of internal sales competitions, and 70+ hour expectations during those periods The work culture can greatly vary based on your director and regional VP. Some are amazing, and care deeply. Others will throw you under the bus without second thought because you are easily replaceable.

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