Rocket Companies Reviews

Pros

There are several pros to working for Rocket Companies. Good compensation and benefits ( medical, Dental and Vision and Stock Options ). Lots of support and training, which has recently been enhanced. Room for growth for as far as you want to go. Work from home at least 2 days a week, something 3 days a week. The Detroit office is right in the heart of downtown Detroit and stones throw from the River Front. Good shopping and food within walking distance and food trucks right outside the buildings. Lots of live music and activities. If you haven't been to downtown Detroit lately, you are missing out on a multicultural delight

Cons

I know it's hard to control the temperature in a high rise building. I am always cold in the building I am currently working in. Bring a sweater and a lap robe. Your parking garage may be more than a 2 block walk at times. They are working on getting everyone closer to their perspective buildings.

Pros

1. Excellent work life balance 2. Opportunities to shadow other teams 3. Multiple events are organized for interns 4. Good technical teams 5. A lot of benefits for full-time employees

Cons

The only con of the internship program is the low internship salary rate. It does not meet the industry standards at all. No demarcation between graduate and undergraduate interns.

Pros

very bad behaviour of the mangaer

Cons

perks are good for full time

Pros

overtime when they would have it, but was rare

Cons

over worked, under paid, and always something new to make the job harder then it needed to be

Pros

Culture, Work Life Balance, Career growth opportunities

Cons

Less pay when compared to other contemporaries

Pros

Exposure to different kinds of technologies

Cons

Stressful environment as it is fast paced

Pros

1). Good pay 2). Nice working environment 3). Good HR Policies

Cons

Nothing much on comparing to other companies

Pros

good benefits. The people who work there are awesome.

Cons

They are grossly overpriced. They don't offer anything extraordinary from other lending companies. They force very very long hours on their employees due to the nature of their business and they select who they choose to enforce their non-compete agreements upon. Sexual Harassments and hostile work environments are rampant at this place. I've witnessed senior leadership partake in the use of illegal drugs with team members. They pay their bankers HALF TIME when they work overtime. This is as "big corporation" as it gets - they care about nothing but their bottom dollar and protecting their picturesque perfect image to the public. They are far from it - if you're looking for a place to originate mortgages, look elsewhere. This is no home for a real loan officer. If you're new to the industry and wanting to get your feet wet - fine, but get out once you have a year or two of experience, be quiet about where you go and don't go to a broker shop that they have a personal vendetta against or you will end up in litigation over their egregious non-compete clause.

Pros

-Casual attire -Great benefits -Tickets to sporting events -Some genuinely good people remaining -Relatively generous PTO -Excellent diversity and inclusion -Money is good for top performers

Cons

-Chooses shareholders over team members -Enthusiasm from upper management is very staged -Lead distribution is extremely top heavy; clearly designed to maintain tenured bankers -One bad month puts you in the lead pool of recycled, disinterested, and recently denied applicants -Fired 1,000 bankers in one fiscal quarter -Pushing (in some instances, requiring) people who aren't performing to work extra hours and weekends, but with minimal change in the lead quality. While some would say "the banker is weak for not being able to make more of the leads," and I'm sure there's some validity to that, it's nearly impossible to convert the leads who have been denied in the past few weeks or purchased their home less than 9 months ago. This place used to be amazing...I was so happy and proud to be a part of this organization, but ever since interest rates drastically increased, the culture has turned sour and the "excitement" passed down from above has been so outrageously fake. Management (meaning the people not in Cleveland) likes to poke fun at the people posting in the Reddit thread about everything going wrong with the organization, but there is SO much validity to what is said there. Several people have had to take a leave of absence because of the strain this company and industry have had on their mental health. I have yet to see someone return from that and succeed. With the upcoming financial decline on the horizon, it's almost certain that things across the board are going to get worse.

Pros

Benefits Hybrid work Downtown Detroit atmosphere Meeting great people

Cons

Everything else. Company is declining fast.