Rocket reviews

Pay is less than a third of what it was 3 years ago, yet hours and expectations have increased to the max I’ve ever seen. Way too few people hit goal anymore and most bankers throw a party if they hit 80% of goal. I used to be able to justify giving up nearly 100% of my personal life, because the money provided security for me and my family. If you divide the hours worked now, by the commission you make, you could do as well in 40 hours a week at a pretty entry level sales position elsewhere, and reclaim 20 hours plus, of your life/week. The pay now, as compared to expectations, is garbage. Nobody buys it anymore when a leader says, “You know we always do the right thing.” Those days seem to be gone.

Mortgage bankers have extremely high turnover and most people don't make it past their two year anniversary. Average 55-60 hours worked per week, a ton of lofty expectations and demands make this career overwhelming and hard to keep up with, and the work load and long hours make little time for family, hobbies, and personal life. The competitiveness of the mortgage banking regions are too intense and some leaders (not all) are too focused on just money and being ranked number 1. Weekends, late nights, holidays, etc are expected times to work, and taking time off is very tough.