Stellar Company! Yet, this Career is your Life. - Mortgage Banker Rocket Employee Review

4.0
Sep 30, 2013
Recommend
CEO approval
Business Outlook

Pros

Great company, actually the best company I have ever worked for. The corporate culture is second to none. The training is top notch. The facilities and equipment used are state of the art and constantly being improved and upgraded. Dan Gilbert has a saying "A Penny Earned is a Penny" and the company lives this motto! They will spend whatever it takes to please employees. There is no other company that I know of where you can walk through the door without any degrees or previous experience and have the potential to make $15,000 per month right out of training. It happens, I have seen it for myself several times. There are 21 year old college graduates making $12K a month steady at their first job EVER.

Cons

Too many hours. It is like the Frog in the pot. They start you at 9-hours in training then it's 10-hours in Blueprint on to 12-hours in The Game. Once you become a mortgage banker in the experienced region the have you scheduled "9am-7pm" but it's actually 7:30am to whenever due to meetings, training, and daily recaps at the end of the shift. The worst thing is the scripting that sucks the creativity out of your sales approach. At one time I am being chastised from veering from the script and simultaneously encouraged to be more creative and make it my own? A lack of life balance really killed it for me as I was working 12-13 hours a day and then 6-9 hours on Saturdays. Once I was approached on working Sundays to increase my book of business I was done. Top performers work 7 days a week going through the whole month without a day off and they are praised as Warriors and rewarded with Casual-wear workweeks... and $15K commission checks

Explore other reviews about Rocket

5.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits and a fantastic culture!

Cons

Long hours and always changing

2.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Health Benefits; Remote Availability; Base Salary

Cons

Leadership is lost, Heather Lovier at the helm is driving banking force to the ground. Many bankers going on leave and quitting. Constant change in comp plan for the worse in a difficult rate environment with high inflation in the economy is a recipe for disaster. Team leaders are scared of their own shadows, no say in direction while upper leadership stare at spreadsheets to make decisions instead of having a real pulse on what’s really happening on the front line. Banker morale at an all time low.

3
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