4.0
Dec 28, 2009
WF hires too many Underwriters and then has to let them go. Not a stable environment.
Current employee
Lake Mary, FL
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.