Des Moines, Iowa

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.  In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application. 

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wells Fargo’s Consumer Lending businesses empower millions of customers to achieve their dreams every day. Whether it’s buying a home, purchasing a car, funding a significant purchase, or making important daily credit card purchases, Consumer Lending provides important credit products and services that help our customers succeed. The group includes Home Lending; Auto; Cards, Retail and Merchant Services; Personal Lending; Consumer Lending Control; and Consumer Lending Shared Services.

The Consumer Lending team partners with other businesses across Wells Fargo to create and deliver transformational experiences that help customers gain access to credit. The vision for the Consumer Lending business is to leverage technology and data to make it simple for customers to easily access credit when and where they need it. Consumer Lending serves customers across the country through our distribution network of more than 5,300 retail banking branches and Home Lending offices, as well as online and digital channels.

Responsible for reviewing, analyzing, approving and underwriting difficult, complex individual consumer requests and products within company and industry guidelines. Dependent on division, functions include reviewing financial statements, credit reports, and applicable ratios(i.e. Debt ratios, loan-to-value);  examining transactions to ensure accuracy and completeness; preparing formal reports for review; ensuring that documents are consistent and uphold to company and industry guidelines; implementing fraud detection techniques, performing compliance reviews;  assisting with re-negotiations of loans based on lending guidelines, serving as a consultant/technical resource on difficult problems and questions; handling escalated calls: providing work direction, feedback and training to underwriting staff including mentoring lower level underwriters on credit decisioning, department procedures and policies; delivering/facilitating of technical training to ensure organizational consistency.  Has exception authority. May act as a team lead and provide performance feedback to less senior underwriters. May act as backup in absence of Supervisor.

Wells Fargo is looking to hire a Mortgage Loan Underwriter 4 in our Correspondent Home Lending Department. This department manages the interest rate and operational risks associated with the origination, sale and servicing of mortgage loans, and provides liquidity for the mortgage assets originated by Wells Fargo. If you thrive on working with high accuracy and attention to detail and working with a team to meet customer needs, we want to talk to you!

Preferred locations are listed on the job posting. Other locations within the Wells Fargo footprint may be considered.

Salary range is determined by the location of the job. 
The salary range displayed below is based on a Full-time 40 hour a week schedule:

CA-Sacramento: Min: $70,300 Mid: $99,000 Max: $127,700
MN-Minneapolis: Min: $63,900 Mid: $90,000 Max: $116,100
IL-Springfield: Min: $57,500 Mid: $81,000 Max: $104,500
KS-Overland Park: Min: $63,900 Mid: $90,000 Max: $116,100
MI-Birmingham: Min: $70,300 Mid: $99,000 Max: $127,700
NV-Reno: Min: $63,900 Mid: $90,000 Max: $116,100
TN-Nashville: Min: $63,900 Mid: $90,000 Max: $116,100
FL-Tampa: Min: $63,900 Mid: $90,000 Max: $116,100
AZ-Chandler: Min: $63,900 Mid: $90,000 Max: $116,100
MO-Kansas City: Min: $63,900 Mid: $90,000 Max: $116,100
CA-Fresno: Min: $63,900 Mid: $90,000 Max: $116,100
ID-Boise: Min: $63,900 Mid: $90,000 Max: $116,100
NV-Las Vegas: Min: $63,900 Mid: $90,000 Max: $116,100
UT-Salt Lake City: Min: $63,900 Mid: $90,000 Max: $116,100
SC-Columbia: Min: $57,500 Mid: $81,000 Max: $104,500
GA-Atlanta: Min: $63,900 Mid: $90,000 Max: $116,100
FL-Orlando: Min: $63,900 Mid: $90,000 Max: $116,100
MS-Gulfport: Min: $57,500 Mid: $81,000 Max: $104,500
OH-Columbus: Min: $63,900 Mid: $90,000 Max: $116,100
IN-Indianapolis: Min: $63,900 Mid: $90,000 Max: $116,100
FL-Jacksonville: Min: $63,900 Mid: $90,000 Max: $116,100
TX-Houston: Min: $63,900 Mid: $90,000 Max: $116,100
TX-Dallas: Min: $63,900 Mid: $90,000 Max: $116,100
TX-Austin: Min: $63,900 Mid: $90,000 Max: $116,100
WA-Spokane: Min: $63,900 Mid: $90,000 Max: $116,100
NE-Omaha: Min: $63,900 Mid: $90,000 Max: $116,100
NY-Buffalo: Min: $63,900 Mid: $90,000 Max: $116,100
AZ-Tucson: Min: $63,900 Mid: $90,000 Max: $116,100
AL-Birmingham: Min: $63,900 Mid: $90,000 Max: $116,100
IA-Des Moines: Min: $63,900 Mid: $90,000 Max: $116,100

May be considered for a discretionary bonus

Required Qualifications

  • 3+ years of underwriting experience with mortgage, commercial credit, or a combination of both
  • 5+ years of underwriting experience

Desired Qualifications

  • 2+ years of experience with income analysis including exposure to reviewing self-employment, corporate, and partnerships tax returns
  • Experience managing a pipeline of work from assignment to completion
  • Mortgage industry experience
  • Customer service focus with the ability to listen to customer needs and recommend solutions
  • Ability to interact with all levels of an organization
  • Basic Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy

Other Desired Qualifications
  • 2+ years documented jumbo lending and/or portfolio experience
  • Experience working with highly affluent clientele  
  • Current or previous lending exception authority

Job Expectations

  • Ability to provide and work from a home office
  • Ability to work additional hours as needed
  • This position requires compliance with all mortgage regulatory requirements and Wells Fargo's compliance policies related to these requirements including acceptable background check investigation results. Successful candidates must also meet ongoing regulatory requirements including additional screening and required reporting of certain incidents.

Street Address

TX-Dallas: 8115 Preston Rd - Dallas, TX
FL-Jacksonville: 3563 Philips Hwy - Jacksonville, FL
FL-Orlando: 11050 Lake Underhill Rd - Orlando, FL
GA-Atlanta: 3579 Atlanta Ave - Atlanta, GA
TX-Austin: 9442 N Capital Of Texas Hwy - Austin, TX
TX-Houston: 2700 Post Oak Blvd - Houston, TX
TN-Nashville: 150 3rd Ave S - Nashville, TN
NY-Buffalo: 6700 Main St - Buffalo, NY
IN-Indianapolis: 8888 Keystone Xing - Indianapolis, IN
AL-Birmingham: 2501 20th Pl S - Birmingham, AL
NE-Omaha: 13330 California St - Omaha, NE
MO-Kansas City: 9572 N McGee St - Kansas City, MO
KS-Overland Park: 7500 College Blvd - Overland Park, KS
SC-Columbia: 101 Greystone Blvd - Columbia, SC
OH-Columbus: 445 Hutchinson Ave - Columbus, OH
MS-Gulfport: 375 Courthouse Rd - Gulfport, MS
UT-Salt Lake City: 5201 Amelia Earhart Dr - Salt Lake City, UT
NV-Las Vegas: 4425 Spring Mtn Rd - Las Vegas, NV
AZ-Tucson: 4051 E Sunrise Dr - Tucson, AZ
CA-Fresno: 8405 N Fresno - Fresno, CA
WA-Spokane: 41 W Riverside Ave - Spokane, WA
ID-Boise: 3033 Elder St - Boise, ID
NV-Reno: 6005 Plumas St - Reno, NV
MI-Birmingham: 34100 Woodward Ave - Birmingham, MI
CA-Sacramento: 400 Capitol Mall - Sacramento, CA
AZ-Chandler: 2850 S Price Road - Chandler, AZ
MN-Minneapolis: 2701 Wells Fargo Way - Minneapolis, MN
IA-Des Moines: 800 Walnut St - Des Moines, IA
IL-Springfield: 4800 W Wabash Ave - Springfield, IL


    All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

    Relevant military experience is considered for veterans and transitioning service men and women.
    Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits Summary


Visit for benefits information.

Des Moines, Iowa

At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re so committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists that we’ve made it our goal is to employ 20,000 veterans by 2020.

As a Wells Fargo team member, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Team Member Network, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit Let’s talk about turning your military experience into a great civilian career.

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