Rocket reviews

3.4

53% would recommend to a friend

(5,631 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 5,631 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
Aug 31, 2021
Recommend
CEO approval
Business Outlook

Pros

The team atmosphere and making friends is nice. Lots of young people work at this company. ISMs create a strong culture. Golden Handcuffs-Great pay, for as long as you can last

Cons

Long Hours, Mandatory overtime. The pay structure constantly changed which means senior underwriters could start making less over time (very strange). Management says they will listen, but do not implement changes very often.

2.0
Aug 10, 2021
Recommend
CEO approval
Business Outlook

Pros

- don’t need a college degree - they pay for all licensing, SAFE, and training -the pay is decent, 15/hour in training and then $10 an hour +commission in banking. I was making about $5-$15k per month depending on performance. -coworkers were all nice and I liked my team -full benefits, 401k matching, stock options, PTO

Cons

- run by people of low intellect and little knowledge of anything but the mortgage industry.. if that - you bust your butt to make that money, working an average of 60+ hours a week - you are harped on when you request any time off and made to feel super guilty about NOT working extra -when you train for your banking position they throw you into it with little to no training and expect you to preform. -you are typically required to come in 2 hours earlier than scheduled and leave 2 hours later. -every single regional or company meeting is trying to sell you on the company and convince you why you should love it. (red flag… ) -the job at hand is mundane and redundant. You sit in front of the computer all day every day punching answers and numbers into a questionnaire and mortgage calculator. -everyone tells you to stick around and that you’ll be rolling in cash in 3 years.. but I’d rather not waste 3years of my life dreading every waking moment. -lead flow is majority garbage (as a lot of other sales positions) and you will spend 90% of your time being told to screw off. -they preach “do the right thing” yet seem to only care about production and pushing consumers into loans that really make little sense for them I guess if you are in need of little to no mental stimulation, you love talking about mortgages, sitting on your butt and staring at a computer mindlessly for 65 hours a week and getting told to F off with almost every phone call you answer.. this is the jobbbb for you!

3.0
Jul 10, 2021
Recommend
CEO approval
Business Outlook

Pros

Good pay. Good place to start a career. After quitting I applied for 3 jobs and was offered 4 positions within a week.

Cons

Work life balance is not a thing if you are not in the top 1%. Company goal for hiring bankers is to have roughly 15-20% still in the position after the first year. Career built for psychopaths (no disrespect). The more you care about a client the more time you will spend on them and the less business you will do.

Viewing 157 - 159 of 5,631 Reviews

Glassdoor has 6,524 Rocket reviews submitted anonymously by Rocket employees. Read employee reviews and ratings on Glassdoor to decide if Rocket is right for you.