RUN FAR AWAY FROM THIS COMPANY - Mortgage Banker Rocket Employee Review

1.0
Apr 3, 2021
Recommend
CEO approval
Business Outlook

Pros

Resume Booster. THAT’S IT. Oh, and good benefits (healthcare/dental/vision/pto)

Cons

I’m not sure what kind of sorcery QL is doing on Glassdoor because I’ve noticed several negative reviews, including ones from people I know, are now gone. This is the most toxic work environment you’ll ever work in. The culture is beyond fake. If you want to make good money as a banker you WILL work 14 hour days. Literally. Because the goals are so ridiculously high, even meeting “goal” the pay does not add up when you take in account all the hours you worked. You will not have a life. You are expected to work every weekend even though your recruiter will tell you “one weekend a month”. The micromanagement is insane.... even to just go to the bathroom, they get mad. This job is only worth it to boost your resume and if you have no family/single then you can work this for a year TOPS, just to stack up money and then move on. They do not pay overtime either for banking, even though you WILL work 60-80 hours a week. You’re better off working an hourly job somewhere else and getting OT. The pay makes 0 sense! Also it’s a huge “bro” and frat boy culture. Gross. You will literally be pushed to the point of mental breakdown because QL views you as a work horse and not a human being. Do not fall for these fake reviews. Ask any mortgage banker in the company off the record & they will tell you that everything I am saying is FACTS. It’s awful here ! They do NOT care about their employees. They do this because they brainwash and bully you into thinking that you can’t be successful at another mortgage company because they are the “#1 largest lender”. But this is untrue. If you want to be an MLO , go somewhere else!

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.

See reviews by: Helpful|Rating|Date|All