Cautionary Tale of Working at Rocket - Mortgage Banker Rocket Employee Review

1.0
Sep 14, 2022
Recommend
CEO approval
Business Outlook

Pros

You can make a lot of money. It will come at the cost of your social life. Work-life balance is difficult.

Cons

1) the corporate culture is unhealthy. They label the isms as a guidepost of moral superiority, but, they will be used against you. For example, I had a director say, "we need to 'do the right thing' and work this weekend. This came after dropping pay by 48% on the commission structure. Some families won't make it because of these changes. This is not a good way to coerce people into working for lower wages. 2) The senior leadership is nothing less than delusional. They really think, or at least project, that they care about the employees and clients. We have over 1 billion dollars on the balance sheet. Why is our pay getting cut 48% if that's the case and they really care? The stock price is the only real focus. 3)Your non-compete will prevent you from working for 12 months after termination. The pay isn't worth it. Though, the non-compete is weak and has been lost in court several times. 4) Micromanaging is the name of the game; your mental health is going to suffer. 5) The company pushes products that aren't financially beneficial. Surprisingly, they haven't been investigated yet. 6) Harassment scandals run rampant at this place. Senior leaders sleeping with subordinates (females) is very common and I can't even count how many demotions or firings I have seen for it. I worked here a long time and was a top producer. I spoke up and tried to help make it better, which got me targeted. It was fun for the first five years, but it is now an empty shell of a company. Stay away.

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

1.0
May 20, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Recognized brand name, standard medical benefits

Cons

Zero structural support for industry veterans, severe systemic targeting by inexperienced management, and a complete lack of operational accountability

5
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