When the going gets tough, Rocket dumps it's employees - Mortgage Loan Officer Rocket Employee Review

1.0
Sep 26, 2022
Recommend
CEO approval
Business Outlook

Pros

Very technology oriented, much more so than other companies.

Cons

When the mortgage rates started to rise in spring 2022, many of us expected Rocket to take care of us. After all, the company has the slogan "Do the right thing". Instead, there were voluntary layoffs(although RKT will never call them layoffs to save public face), pay for bankers was cut unless you were a top producer, and the pressure to write the same number of loans as we had been doing before in the "good times" continued to rise.

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

1.0
May 20, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Recognized brand name, standard medical benefits

Cons

Zero structural support for industry veterans, severe systemic targeting by inexperienced management, and a complete lack of operational accountability

4
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