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Wells Fargo

Nationwide banking and financial services

Home Mortgage Consultant

Full-TimeDeadline 10/31/26
No salary listed
Mid
New York, NY, USA
In Person
Finance & BankingRetail & Commercial Banking

About the job

Requirements
  • At least 2 years of Mortgage Retail Sales experience, or equivalent demonstrated through work experience, training, military experience, or education.
  • Must obtain SAFE registration at the time of employment; Wells Fargo initiates the registration process after the start date.
  • Loan Originators must meet Consumer Financial Protection Bureau qualification requirements and comply with related Wells Fargo policies, including applicable financial responsibility, character, general financial fitness, and criminal background standards. Ongoing regulatory requirements may include additional screening.
Responsibilities
  • Solicit residential mortgages from various sources.
  • Produce high-quality, compliant loans while providing excellent customer service.
  • Build relationships with realtors, builders, financial professionals, bank stores, past customers, and other non-traditional sources.
  • Maintain visibility for Wells Fargo Home Mortgage in the marketplace and stay informed about mortgage industry trends and developments in the assigned market.
  • Present recommendations for producing loans and exercise independent judgment while developing understanding of and adherence to Mortgage Retail Sales policies, procedures, compliance requirements, and loan-generation practices.
  • Understand real estate appraisals, title reports, and real estate transactions.
  • Receive customer applications, quote rates and points, complete follow-up activities related to registration lock-in, and analyze and offer mortgage loan products based on client needs.
  • Review and analyze low- to moderately-complex financial and credit data, matching customer needs with appropriate loan programs and risk levels.
  • Inform prospective and existing customers about mortgage programs, rates, policies, underwriting requirements, and loan procedures; maintain customer satisfaction and quality through timely, proactive communication.
  • Pursue Wells Fargo training offerings to increase knowledge of company products, policies, procedures, and underwriting requirements.
  • Meet SAFE Mortgage Licensing Act of 2008 and related regulatory requirements for customer contact and duties that may include offering or negotiating terms or taking an application for a dwelling-secured transaction.

About the company

Wells Fargo provides banking, investment, and payment services to individuals, businesses, and institutions. Its products include checking and savings accounts, loans, credit cards, wealth management, and payments, accessible through branches, online and mobile platforms, and full payment rails. The company combines a wide national footprint with a long history and a business model that integrates banking, investment, and payments, supported by a large network of branches and ATMs. Its goal is to help customers manage money, grow wealth, and move funds safely and reliably.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1851

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Simplify's Take

What believers are saying

  • July 2026 second-quarter revenue rose 9% to $22.6 billion, beating estimates.
  • July 2026 investment banking fees jumped 35% to $939 million, showing capital-markets momentum.
  • 2026 card accounts grew 20% and commercial loans 12%, expanding fee and interest income.

What critics are saying

  • January 2026 severance costs hit $612 million after 5,600 layoffs, signaling ongoing restructuring.
  • CFPB’s 2022 $3.7 billion order keeps auto, mortgage, and deposit misconduct damage alive.
  • One OCC AML enforcement action remains; another control failure triggers fresh penalties and leadership scrutiny.

What makes Wells Fargo unique

  • June 2025 Fed lifted Wells Fargo’s $1.95 trillion asset cap, restoring balance-sheet growth.
  • May 2026 Advisor Gateway gave 200-plus tools and BlackRock Aladdin analytics to wealth advisors.
  • Wells Fargo still owns a top-tier U.S. branch franchise and $2.2 trillion wealth platform.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Sick Leave
  • Parental Leave
  • Disability Insurance
  • Life Insurance
  • Tuition Reimbursement
  • Commuter Benefits
  • Adoption Assistance

Company News

Yahoo Finance
Oct 23rd, 2026
Wells Fargo names Kleber Santos sole consumer bank chief as Van Beurden shifts to AI

Wells Fargo has named Kleber Santos sole chief executive of its consumer banking and lending business. Saul Van Beurden, formerly co-chief executive of that segment, moves to a full-time artificial intelligence (AI) role. Both appointments take effect immediately. Santos will oversee consumer deposits, credit cards, business banking, and auto lending. Van Beurden will focus on scaling AI adoption across the bank, including deepening its work with AI firms. "Kleber and Saul have built strong momentum in both areas, and having each focus fully on these priorities will help us accelerate that progress," chief executive Charlie Scharf said. Wells rose to No. 5 globally and No. 3 in the US on the Evident AI index for banks.

CNBC
Oct 23rd, 2026
Wall Street fears AI agents will drain bank deposits, but analysts say risk is overdone

Wall Street fears AI agents could pull deposits from banks, but leading analysts and executives say the risk is overblown. Bank stocks have fallen since Meta Platforms launched its Muse personal agent on September 8: Bank of America is down 18%, Charles Schwab 14%, Wells Fargo 6%, and JPMorgan Chase 5%. Agents can compare yields and recommend options, which could erode the inertia that keeps customers' money in place. If deposits move, banks may have to pay more interest, squeezing profits. Analysts Mike Mayo and Gerard Cassidy say trust matters more to customers than slightly higher returns. A Deloitte survey found 72% of bank customers hesitate to share financial data with generative AI tools. Third-quarter earnings showed no clear shift in deposits.

Kalkine Media
Oct 22nd, 2026
MaxLinear boosts revolving credit by $70M to $200M and cuts liquidity covenant to $60M

MaxLinear has increased its revolving credit commitments by $70 million, bringing its senior secured revolving credit facility to $200 million. The Carlsbad, California company disclosed the amendment in a Form 8-K filed October 22, 2026. The amendment took effect October 16, 2026, with Wells Fargo Bank, National Association acting as administrative and collateral agent. It also lowers the liquidity covenant threshold from $80 million to $60 million. Proceeds are designated for working capital and general corporate purposes. On the same day, MaxLinear released unaudited financial results for the third quarter ended September 30, 2026.

Sina Hong Kong
Oct 22nd, 2026
Watsco signs $750M five-year unsecured credit facility, extending existing revolver

Watsco, the largest distributor in the North American HVAC market, has signed a $750 million unsecured senior revolving credit facility. Bank of America led the deal, joined by JPMorgan Chase, PNC Bank, Wells Fargo, U.S. Bank and five other banks. The five-year facility amends and extends Watsco's existing credit line. An initial draw repaid $69.7 million owed under the prior facility. Further borrowings will fund working capital, acquisitions, dividends and other general purposes. The terms include more borrowing capacity, covenant flexibility and better fit with the seasonal nature of Watsco's working capital needs. "A committed source of low-cost debt is an important building block of our growth strategy," said Barry S. Logan, executive vice president.

Yahoo Finance
Oct 20th, 2026
Wells Fargo's four-part AI plan to transform the $2.3T bank

Wells Fargo is rethinking workflows across the bank to get real value from artificial intelligence (AI), said Faraz Shafiq, its head of AI products and solutions. Speaking at the Money20/20 conference in Las Vegas, he said the goal is to "fundamentally transform how our bank operates." The $2.3 trillion-asset bank rests its plan on four parts: a central team for governance and security with application teams owning specific uses; a focus on the highest impact cases; speed with guardrails; and training for its 197,000 employees. Shafiq said banker intelligence tools are lifting product sales rates by 40%. Virtual assistant Fargo has handled some 1 billion customer interactions.