Rocket reviews

3.4

53% would recommend to a friend

(5,630 total reviews)
avatar

Varun Krishna

64% approve of CEO

48% positive business outlook

Rocket has an employee rating of 3.4 out of 5 stars, based on 5,630 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Rocket employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

6K reviews
5.0
Aug 23, 2012
Recommend
CEO approval
Business Outlook

Pros

Everything is great., low red tape company culture, people are great, work is rewarding and exciting, lots of opportunities, ... the best company in the world to work with!

Cons

The only negative is that this great company is located in Detroit.

2.0
Aug 20, 2012
Recommend
CEO approval
Business Outlook

Pros

Free slushies and popcorn. Management is not micromanaging and riding you. They try and have fun in the day, think playing corn hole, horse shoes and treasure hunts. Razor scooters all over the office. Good bonus plans.

Cons

To hit high bonuses you have to work a min of 50 hours per week, often more than that. They don't pay overtime even though the min workweek required is 50 hours. So the bonuses end up not being much if you consider the fact that any other company would have been paying over time. They recently changed the bonus plan which greatly reduced the per loan bonus.

1.0
Aug 10, 2012
Recommend
CEO approval
Business Outlook

Pros

Best training and they pay you to train.

Cons

ridiculous goals and hours. 12 hours every day plus some Saturdays. I don't know how people are able to take all the crap from the directors, they will treat you like a dog. Since their pay is dependent on your production they don't care if you lie about other company's practices do what ever it take to get that client. Leave your morals and dignity out at the door before you come to work every day. I know their ads says no cold calling but guess what they will give leads that have already been worked by senior bankers. So if the senior banker was turned down and was not successful at getting the business from that client how am I the rookie can do better. Be prepared that most of the leads you call will tell you that they already talked to quicken loans banker and that banker was not able to help them or they didn't qualify or they are not interested and have already told quicken loans to stop calling. Guess what you have to call these clients again tomorrow. You have to call all your leads twice a day every day. Oh one more thing that they will make you sign when you work for them, if you leave their company you can't work for another mortgage lender for 9 months. I didn't know about that until I left.

Viewing 5539 - 5541 of 5,630 Reviews

Glassdoor has 6,523 Rocket reviews submitted anonymously by Rocket employees. Read employee reviews and ratings on Glassdoor to decide if Rocket is right for you.