WF hires too many Underwriters and then has to let them go. Not a stable environment. - Underwriter Wells Fargo Employee Review

4.0
28 Dec 2009
Recommend
CEO approval
Business outlook

Pros

The pay is good and co-workers are great. Most managers are very supportive, but a few are feared by most people there. When the volume is up, lots of overtime available.

Cons

When the loan volume is high, they overhire underwriters and then have to let lots of them go once the volume subsides, so you never feel secure. Also, QC auditors look for any little thing to ding you on and you get conflicting answers as to how Wells Fargo wants the file so you can get a write up from one QC auditor for overconditioning and a write up from a different QC auditor for excuding the same condition you were told was an overcondition.

Explore other reviews about Wells Fargo

5.0
25 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great company, with lot of opportunities

Cons

Too much silos since it's a big company Tenure limit for contractor

4.0
1 Dec 2014
Recommend
CEO approval
Business outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

484
See reviews by: Helpful|Rating|Date|All