Maybe a good starting place to get into finance but definitely not sustainable - Mortgage Banker Rocket Employee Review

2.0
Aug 10, 2021
Recommend
CEO approval
Business Outlook

Pros

- don’t need a college degree - they pay for all licensing, SAFE, and training -the pay is decent, 15/hour in training and then $10 an hour +commission in banking. I was making about $5-$15k per month depending on performance. -coworkers were all nice and I liked my team -full benefits, 401k matching, stock options, PTO

Cons

- run by people of low intellect and little knowledge of anything but the mortgage industry.. if that - you bust your butt to make that money, working an average of 60+ hours a week - you are harped on when you request any time off and made to feel super guilty about NOT working extra -when you train for your banking position they throw you into it with little to no training and expect you to preform. -you are typically required to come in 2 hours earlier than scheduled and leave 2 hours later. -every single regional or company meeting is trying to sell you on the company and convince you why you should love it. (red flag… ) -the job at hand is mundane and redundant. You sit in front of the computer all day every day punching answers and numbers into a questionnaire and mortgage calculator. -everyone tells you to stick around and that you’ll be rolling in cash in 3 years.. but I’d rather not waste 3years of my life dreading every waking moment. -lead flow is majority garbage (as a lot of other sales positions) and you will spend 90% of your time being told to screw off. -they preach “do the right thing” yet seem to only care about production and pushing consumers into loans that really make little sense for them I guess if you are in need of little to no mental stimulation, you love talking about mortgages, sitting on your butt and staring at a computer mindlessly for 65 hours a week and getting told to F off with almost every phone call you answer.. this is the jobbbb for you!

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 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