Great technology and awful quality of life - Loan Officer Rocket Employee Review

1.0
Jun 15, 2022
Recommend
CEO approval
Business Outlook

Pros

The technology is unmatched. Their onboarding was actually fun. The training was interactive and positive.

Cons

After your 1st 3 months on the phones they will start bombarding you with reasons why you are not improving. Their solution is really to work more and more and more and more until you are basically working 14 hours a day M-F and 10 hours a weekend. Thats more than 100 hours a week. Overtime is only half pay so on $15 an hour and after taxes its like $4.50 an hour... As the rates have increased, business has dropped. This has caused the only income to come from the base pay. After a couple months of working 300 hours a month and only making $2,200 a month I had to depart. Thats less than $7.50 an hour after taxes. Incredible that they feel like that is ok...

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.

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