Good place to start - Mortgage Loan Officer Rocket Employee Review

3.0
Dec 3, 2024
Recommend
CEO approval
Business Outlook

Pros

Great place to get your bearings but get in and get out before you are pushed out

Cons

Similar to the league, this company prefers young talent to keep them well under the salary cap (way more profitable). They make the most money on non titled bankers. As you climb the ranks and make title you are less profitable and the conversion spreads simply aren’t vast enough to justify the extra pay in most cases

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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