Continuing to go downhill - Underwriter Rocket Employee Review

1.0
Nov 12, 2018
Recommend
CEO approval
Business Outlook

Pros

Good incentive pay for the beginning portion of my career.

Cons

Separation from the company for a minor issue (would not have been fired for something like this in the past). I was not on any type of performance warnings in the past, and this came out of no where. At the time of separation, QL was already beginning to tighten the belt with benefits and perks. I did enjoy the role at the start of my career there. They had lots of incentives and really good pay if you were willing to work the hours. However, after a couple of years, the incentives disappeared and I was lucky to make half of what I use to make. I still have friends and family that work there, and they all complain about how much worse things have gotten. They rarely work from home now, there are no merit raises, there's much less flexibility, and every action they take is under a microscope. I now work in auto underwriting, and actually get to work from home, and have comparable pay to what I was making there. I know mortgage rates have increased and the market is slowing down, it's a shame a company like this will fire people to "trim the fat" so to speak, and I know a decent portion of the workforce has been reduced by termination. QL doens't "lay off" people, they never have and never will, either you make the cut when things slow down, or you get canned.

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Rocket Response
7y
Thank you for taking the time to write this review. We are disappointed to hear about your experience as we value the talent and skills that our team members bring to our company. Please reach out to us at Lisa@quickenloans.com and we can discuss your specific situation further.

Explore other reviews about Rocket

5.0
May 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits, cultural and pay.

Cons

Constantly changing, not necessarily a bad thing hut something to get used to.

3.0
Jul 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Strong technical stack and real ownership of enterprise reporting. Complex servicing and NPL data gives senior analysts room to build governance, dimensional models, and end-to-end pipelines with genuine business impact. Skilled peers and access to large regulated datasets (FNMA, FHLMC, HUD) that sharpen your craft.

Cons

Heavy reliance on undocumented legacy systems that fall on individual contributors to reverse engineer. Knowledge concentration creates single points of failure and inconsistent handoff when people leave. Org changes and shifting priorities can outpace documentation and process maturity.

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