Private Mortgage Banker (SAFE)

Wells Fargo Bank•Plymouth Meeting, PA

About The Position

Wells Fargo is seeking a CA-WA Private Mortgage Banker in Consumer Lending as part of Home Lending. The role solicits residential mortgages from various sources and produces high-quality, compliant jumbo loans while providing excellent customer service. It builds relationships with affluent borrowers and referral sources, including realtors, builders, financial professionals, bank stores, past customers, and other nontraditional sources, and promotes Wells Fargo Home Mortgage in the marketplace. The position involves receiving customer applications, quoting rates and points, completing follow-up activities related to registration and rate lock-in, and analyzing client needs to offer appropriate mortgage products. The banker reviews low- to moderately complex financial and credit data, explains loan programs and requirements, and maintains timely, proactive communication to support customer satisfaction. The role also requires understanding real estate appraisals, title reports, and transactions; staying informed about mortgage industry trends; and pursuing training to build knowledge of company products, policies, procedures, and underwriting requirements. This is a SAFE position involving customer contact and duties that may include offering or negotiating terms or taking applications for dwelling-secured transactions. Employment is contingent on meeting SAFE Mortgage Licensing Act and related regulatory requirements, including registration and applicable Loan Originator qualification standards, background investigation, and ongoing screening requirements. Completion of formal position-specific training and reliable transportation are required. Work may include nights, weekends, or holidays as needed or scheduled.

Requirements

At least 2 years of Private Mortgage Banking Sales experience, or equivalent demonstrated through work experience, training, military experience, or education.
SAFE registration is required at the time of employment; Wells Fargo initiates the registration process after the employment start date.
Meet applicable Consumer Financial Protection Bureau Loan Originator qualification requirements, including financial responsibility, character, general financial fitness, and criminal background standards.
Meet ongoing regulatory requirements, including additional screening if necessary.
Complete formal position-specific training programs.
Have reliable transportation.
Ability to work nights, weekends, and/or holidays as needed or scheduled.

Nice To Haves

Basic Microsoft Office skills.
Documented retail residential mortgage fundings over the past 12 months referred primarily from established, local, external sources.
Excellent verbal, written, and interpersonal communication skills.
Mortgage industry experience.
Knowledge and understanding of sales prospecting and generating referrals.
Customer service experience.
Experience working with high net-worth clients.

Responsibilities

Solicit residential mortgages from various sources and produce high-quality, compliant jumbo loans.
Build relationships with affluent borrowers and referral sources, including realtors, builders, financial professionals, bank stores, past customers, and other nontraditional 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 some independent judgment while learning and adhering to sales policies, procedures, and compliance requirements.
Understand real estate appraisals, title reports, and real estate transactions.
Receive customer applications, quote rates and points, and complete follow-up activities related to registration and rate lock-in.
Analyze client needs and offer appropriate mortgage products and loan programs.
Review and analyze low- to moderately complex financial and credit data, matching customer needs with an appropriate loan program and risk level.
Inform prospective and existing customers about mortgage programs, rates, policies, underwriting requirements, and loan procedures.
Maintain customer satisfaction and quality through timely, proactive customer communication.
Pursue Wells Fargo training offerings to increase knowledge of products, policies, procedures, and underwriting requirements.
Meet SAFE registration, Loan Originator qualification, and ongoing regulatory requirements.
Complete formal position-specific training and use reliable transportation.