Wells Fargo Consumer Loan Underwriter Interview Questions

Updated Sep 2, 2014
Updated Sep 2, 2014
18 Interview Reviews

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  1.  

    Consumer Loan Underwriter III Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online. The process took 4 weeks - interviewed at Wells Fargo.

    Interview Details

    Interviewed with Recruiter via phone, Set several appointments and finally interviewed during vacation. I am personally responsible for not setting myself up properly. This was my first phone interview and I typically am a pretty quick responder -I think I was focusing on vacation and not being hired.

    Interview Questions
    • What was a time you remember that was difficult and how did you handle and resolve it   View Answer
    No Offer
    Neutral Experience
    Difficult Interview
  2.  

    Consumer Loan Underwriter III Interview

    Anonymous Interview Candidate  in  San Antonio, TX
    Anonymous Interview Candidate in San Antonio, TX
    Application Details

    I applied online. The process took 4+ weeks - interviewed at Wells Fargo.

    Interview Details

    phone interview, in person interview. waited about 30 days to have an offer sent to me. pretty easy process but I had the experience for the job i was going for.

    Interview Questions
    Accepted Offer
    Positive Experience
    Difficult Interview
  3.  

    CONSUMER LOAN UNDERWRITER Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online - interviewed at Wells Fargo.

    Interview Details

    it was a job fair and it was an easy process

    Interview Questions
    • the interviewer asked me why did I leave my previous employer   Answer Question
    Negotiation Details
    there was none
    Accepted Offer
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  5. 1 person found this helpful  

    CONSUMER LOAN UNDERWRITER Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Interview Details

    Behavioral based questions - be prepared to give specific examples related to the industry. For entry level positions you must have the attitude to learn and want to excel. Wells Fargo looks for energetic people willing to work in a fast-paced ever changing environment with excellent communication skills regardless of the position. This is a customer focused employer and you need to be able to exhibit excellent customer service skills.

    Interview Questions
    • Transaction specific questions regarding potential scenarios (for underwriting positions).   Answer Question
    Negotiation Details
    Know the market and the current industry requirements. Base pay is low but when the market is hot there is potential for significant overtime hours as well as the incentive plan.
    Accepted Offer
    Positive Experience
    Average Interview
  6.  

    Consumer Loan Underwriter II Interview

    Anonymous Interview Candidate  in  Charlotte, NC
    Anonymous Interview Candidate in Charlotte, NC
    Application Details

    I applied online. The process took 6+ weeks - interviewed at Wells Fargo in June 2013.

    Interview Details

    Process takes forever. Be prepared to wait and wait. Questions are generic in nature. Nothing to difficult. All situation based. All off a piece of company prepared questions. Questions will not be difficult. Hardest thing will be to get your parking validated by security when parking in uptown Charlotte

    Negotiation Details
    pretty easy. back and forth. they did negotiation on the salary
    Accepted Offer
    Neutral Experience
    Easy Interview
  7.  

    CONSUMER LOAN UNDERWRITER Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online. The process took 2+ months - interviewed at Wells Fargo.

    Interview Details

    I applied for the position online and 5 weeks later I received an e-mail requesting a phone interview. I thought this was odd because i had interviewed for 3 positions with Wells Fargo in the past and they had always been a face to face interview, then a second in person interview. The phone interview was a fairly simple interview with the standard questions ie. name a time at your current position when you were successful, etc. One week short of two months went by and I didn't hear anything. I figured I hadn't gotten another interview. Then I got an e-mail from a department manager requesting that I contact them to set up a conference call interview with two managers. So, the next day I was called by Wells Fargo and did a conference call with the managers. It was a very light-hearted interview. They only asked me 3 questions. I think one was to explain my work ethic. After the interview I figured there would still be a round or two of in person interviews. However, exactly one week later I got a call and was offered the job, which I accepted! I am so happy working at Wells Fargo. It is by far the best company I have worked for.

    Interview Questions
    Negotiation Details
    I was told that in this case there was no room for negotiation of salary.
    Accepted Offer
    Positive Experience
    Average Interview
  8.  

    Consumer Loan Underwriter I Interview

    Anonymous Interview Candidate  in  Phoenix, AZ
    Anonymous Interview Candidate in Phoenix, AZ
    Application Details

    I applied through college or university. The process took 4 weeks - interviewed at Wells Fargo in March 2013.

    Interview Details

    Initially meet through a career fair being held at my school. I was contacted a few days later for a brief phone interview ensuring I meet the minimum qualifications for the position. A couple days after that I was contacted to set up an interview with a manager. The questions were fairly basic having me recall times I had to work to meet a deadline and deal with difficult situations. They want you to tell them what you did in difficult situations not what you would do. The manager was very nice overall the experience was positive.

    Interview Questions
    • Recall a time when you had to prioritize your tasks to meet a deadline on something.   Answer Question
    Negotiation Details
    No price negotiation.
    Accepted Offer
    Positive Experience
    Easy Interview
  9.  

    CONSUMER LOAN UNDERWRITER Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through an employee referral. The process took 4 days - interviewed at Wells Fargo.

    Interview Details

    Interview was set up via email. The interview was not with a hiring manager, but with another manager helping out the hiring manager. Met with 1 person and had only 1 interview. The interview lasted about 30 minutes. It started with few questions about the resume, then about 4 questions from a list of standard interview questions- they were very specific in asking you to recall situations in your life. I believe this was unusual, but the employment offer was received via email about 4 hours after the interview.

    Interview Questions
    • Tell us about a difficult decision you made where others were not happy with your decision.   Answer Question
    Accepted Offer
    Positive Experience
    Difficult Interview
  10. 1 person found this helpful  

    Consumer Loan Underwriter II Interview

    Anonymous Interview Candidate  in  Tempe, AZ
    Anonymous Interview Candidate in Tempe, AZ
    Application Details

    I applied through other source. The process took a day - interviewed at Wells Fargo in January 2013.

    Interview Details

    Participated in large Wells Fargo job fair in Phoenix, AZ. Hiring decisions and offers were made at the time of the face to face interview. Please be aware that Wells Fargo is notorious for laying people off every year. I was laid off after being with the company for six months.

    Interview Questions
    Negotiation Details
    Asked for a higher salary than what they initially offered and they mentioned that there was a signing bonus available that would be equal to 10% of my annual salary (which was paid within the first 30-45 days). Always ask for a higher salary or signing bonus.
    Accepted Offer
    Positive Experience
    Average Interview
  11.  

    CONSUMER LOAN UNDERWRITER Interview

    Anonymous Interview Candidate  in  Phoenix, AZ
    Anonymous Interview Candidate in Phoenix, AZ
    Application Details

    I applied online. The process took 2 weeks - interviewed at Wells Fargo in January 2013.

    Interview Details

    Wells Fargo hires mass quantities of people, and has very limited training resources, and as a result many of their people in higher positions have very little experience in their roles. Everything moves very slowly at a large bank like Wells Fargo, it was two months before we even got desks.

    Interview Questions
    • What was a difficult time when you had to deliver bad news to a client. How did you handle it and what was the outcome.   Answer Question
    Negotiation Details
    They hired on the spot.
    Accepted Offer
    Positive Experience
    Easy Interview

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