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
3.0
Mar 21, 2016
Recommend
CEO approval
Business Outlook

Pros

Top notch equipment and technology. Quality co-workers and for the most part, management is good. Team activities and free snack were great.

Cons

As a banker (and I imagine also with other "Rock Holdings" companies, Title Source, Fathead, One Reverse Mortgage, etc.), it was nearly impossible to have a home/family life because of the long work hours. The free snacks were not healthy, the free lunches were usually pizza. Fortune 500 "Best Places To Work" information does not seem correct because employees feel compelled to vote favoring the company because they fear that the technology platform would identify them. The company would get Fortune 500's "Best Company To Get Fired From Unexpectedly For No Reason List" #1 spot year after year if there was such a list.

2.0
Jan 7, 2016
Recommend
CEO approval
Business Outlook

Pros

The mostly is most certainly abounds. Many people in their 20's making six figures. The 2 month training is also excellent and feels like college all over again, except you learn more than I thought was possible about Mortgages (not a bad thing at all). The fun and friends end once when you hit the banking floor. (Ask yourself why they are hiring bankers non-stop as well, Serious red-flag)

Cons

In order to make more than 20k+ kind of money you must be willing to work 65-75 hours, with mandatory weekends (even if it's not a scheduled mandatory weekend your director will guilt trip you in front of your team to try to make you come in, saying "Well I guess you just don't want it bad enough" in front of everyone). If you are slightly behind "Numbers" you will be hounded like a hawk and have every call of yours listened into while your director stands behind you yelling what to say. Many many people will quit and you'll find the friends you've made drop like flies (especially any older people who got hired; Though I suspect this is because they know better than to work in this sweat shop). Not to beat the dead horse, BUT DO NOT WORK HERE AS A MORTGAGE BANKER, I'm sure other positions in the company are great as the environment in the workplace is bar none (free snakes, colorful, slushes, Detroit etc). Speaking of other positions in the company, my recruiter made it sound like it would be very easy to transfer once you're there for a year, this is simply not the case and you will get shut down hard for asking. One person I knew got fired for even bringing it up since he was "not committed enough". All in all, you will be bullied, you will be treated extremely disposable, yelled at, and underpaid especially for how much you work. (Oh and did I mention that they keep lowering compensation on commission? BEWARE I wouldn't wish this upon my worst enemy and could possible taint you forever from corporate life if this is your first job, stay away from this cult. P.s. If you are are a Female you will constantly get harassed and "Helped" by every frat-boy "director" there is in the company. Total sexist boys club.

2.0
Sep 13, 2015
Recommend
CEO approval
Business Outlook

Pros

They hire great people with a lot of personality, energy and drive. You will love your co-workers. There are also some nice perks: Cavs tickets, concert tickets and nice dinners. If you produce well enough, the pay can be rewarding.

Cons

The hours are inhumane. Be prepared to work 12 hour days and be pressured to come in on the weekends. Minimum of 65 hours a week in your first year. If you have a family or hobbies outside of work, please do not take this job. Criticism of the environment/hours are not tolerated; you will be viewed as having a negative attitude and accused of not wanting it bad enough. They will ask you to abandon all "Plan B's" and make Quicken your only option--or else you are doomed to fail. The environment is extremely high pressure, and it it impossible to know as much as you need to. If you make a mistake and a client complains, the company will fine YOU $400-$500 to refund the client's deposit. Leadership will constantly hold "huddles" to motivate the team reminding us of how lucky we are to work here and what an amazing opportunity it is; but they are blind to the fact that every person is absolutely miserable, overworked and stressed. Most everyone I worked with was trying for other jobs.

Viewing 139 - 141 of 5,630 Reviews

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