Earning a living in the mortgage industry - Loan Officer Wells Fargo Employee Review

4.0
25 Aug 2010
Recommend
CEO approval
Business outlook

Pros

In the current mortgage climate, Wells seems to still care about the consumer and not just the bottom line. The benefits were the best I've had in the 18 years in the mortgage business. Seems to attract good people.

Cons

Just the mortgage business in general is a very difficult environment right now. A large percentage of people don't qualify for a home loan and those who do are prone to wander if the rates drops even a tiny bit. Hard to keep people happy.

Explore other reviews about Wells Fargo

5.0
21 Feb 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Strong work-life balance and inclusive workspace culture.

Cons

Corporate bureaucracy, restructuring and leadership changes over time can create uncertainty in certain departments.

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!

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