The Kool-Aid is crimson red and far too sweet - Mortgage Banker Rocket Employee Review

2.0
May 13, 2022
Recommend
CEO approval
Business Outlook

Pros

Great training program, technology, support system

Cons

When the company is going bad - if you're smart, you'll see it from a mile away. This company functions much differently than other mortgage companies. They will work you to the bone, with no notice what so ever. Management is drunk off the kool-aid and there is no autonomy whatsoever. You are told you own your own business, but your calls and every single metric is tracked. you are a machine working for them - and now as the market isn't doing so great, they are treating their employees like crap, extending out hours, and RAISING goals to influence them to quit rather than just giving severance pay and laying them off. Pathetic company structure.

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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