It’s about getting the owner of this company the richest man in America, being a billionaire is not enough for him! - Mortgage Banker (MLO) Rocket Employee Review

1.0
Jan 3, 2024
Recommend
CEO approval
Business Outlook

Pros

Beside of some of the benefits nothing else really.

Cons

Vacation time would be decent if they would let you actually take advantage of it. But when you ask for vacation time, they threat that you might lose your job if you do. They are always changing the compensation plan in a way they don’t need to pay your commissions. Commission keeps getting smaller and smaller to keep up with the promotions they give to the clients. All the good things they offer to the clients the bankers are actually paying for it by getting ridiculous low pay. You will lose your sanity here, you won’t even take a full 24 hour break in this company because you will need to share you personal phone number with every single client, even with the ones you haven’t talked before and will be then calling you at the most ridiculous times. Then also during the weekend, if a client reaches out to you by email, text or phone call by 4pm in a Saturday or Sunday it’s mandatory that you get back to that client at the same day so pretty much you can’t have even one day off of your computer. When a loan is in process just need to keep praying for the entire thing hoping everything will go smooth at closing, otherwise they might still make you pay $500 for the good faith deposit which is really funny since they pay you about $300 something for the commission so in that case you don’t get paid at all and still needs to pay some extra out of your pocket, how great!

Explore other reviews about Rocket

5.0
May 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits, cultural and pay.

Cons

Constantly changing, not necessarily a bad thing hut something to get used to.

3.0
Jul 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Strong technical stack and real ownership of enterprise reporting. Complex servicing and NPL data gives senior analysts room to build governance, dimensional models, and end-to-end pipelines with genuine business impact. Skilled peers and access to large regulated datasets (FNMA, FHLMC, HUD) that sharpen your craft.

Cons

Heavy reliance on undocumented legacy systems that fall on individual contributors to reverse engineer. Knowledge concentration creates single points of failure and inconsistent handoff when people leave. Org changes and shifting priorities can outpace documentation and process maturity.

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