Be Prepared For Low Pay & Long Hours - Mortgage Loan Officer Rocket Employee Review

3.0
Jul 9, 2024
Recommend
CEO approval
Business Outlook

Pros

- nice introduction into the mortgage industry - fun initial environment that pumps you up

Cons

- $12/hr - overtime pay was half the time pay ($6) instead of time & a half - made to feel guilty if works less than 60 hrs a week if not hitting goal - goals out of reach in a slow market

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.

3
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