Salary - Mortgage Banker Rocket Employee Review

2.0
Apr 5, 2024
Recommend
CEO approval
Business Outlook

Pros

The health, vision, and dental benefits are nice

Cons

Are not in control of own schedule, minimum wage salary, do not control own lead flow, made to work the weekends, will be expected to work 12 hour days on regular basis, training does not prepare you for what the job is like, leads will be taken out of your name without your say, pay structure is not well defined until already through training, very little help or communication from underwriting team or closing team, are left to figure most things out on your own, and the brainwashing starts early

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.

2
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