Wells Fargo Mortgage Underwriter Salaries by 30+ Employees

1 - 7 years exp.

₹3 Lakhs - ₹9 Lakhs

Salary of majority employees

14% more than the average Mortgage Underwriter Salary in Financial Services Companies for 1 - 7 years of experience

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Salaries in different departments

Finance & Accounting Mortgage Underwriter Salary 1 - 5 years exp. (15 salaries)	₹3.4 L/yr - ₹6 L/yr
Customer Success, Service & Operations Mortgage Underwriter Salary 1 - 7 years exp. (6 salaries)	₹3.9 L/yr - ₹6 L/yr
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BFSI, Investments & Trading Mortgage Underwriter Salary 2 - 4 years exp. (5 salaries)	₹3 L/yr - ₹6.6 L/yr

Last Updated: 11 May 2024

Companies similar to Wells Fargo for Mortgage Underwriter

Company name	Avg Annual Salary	Open Jobs
HSBC Group Mortgage Underwriter Salary 4 - 15 years exp. (3 salaries)	₹7.5 L/yr - ₹7.6 L/yr 36% more
JPMorgan Chase & Co. Mortgage Underwriter Salary 3 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.8 L/yr 31% less
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Barclays Mortgage Underwriter Salary 2 - 7 years exp. (19 salaries)	₹2.9 L/yr - ₹10.1 L/yr 37% more
Citicorp Mortgage Underwriter Salary 1 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹6 L/yr 17% less
SitusAMC Mortgage Underwriter Salary 2 - 13 years exp. (200 salaries)	₹3.6 L/yr - ₹10.8 L/yr 31% more

Mortgage Underwriter salary at Wells Fargo ranges between ₹3 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 30 latest salaries received from various employees of Wells Fargo.

Experience wise Wells Fargo Mortgage Underwriter salaries

Last Updated: 11 May 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹3.5 L/yr - ₹5.6 L/yr
2 years (5 salaries)	₹3 L/yr - ₹8.1 L/yr
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3 years (10 salaries)	₹3.4 L/yr - ₹9.1 L/yr
4 years (6 salaries)	₹3.9 L/yr - ₹6.6 L/yr
5 years (3 salaries)	₹4 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr

View all

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Salary related reviews for Wells Fargo

5.0

Rated by 3 employees for salary & benefits

Assistant Vice President in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

...eel thats your place to live. 5. Work Culture 6. Vision 7. Employee centric 8. Compensation & career growth 9. Diversity 10. Learning & Skill development

Salary - Excellent

+6 more

Dislikes

1. Slow in adapting new things

Business Analyst in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 20 Jun 2024

2.0

for Salary and Benefits

Likes

Work life balance

Dislikes

Company is completely looking cost cutting and starting basic cab facilities to providing basic benefits to employees, everything has been cutoff and there are always finding new wats to fire people. Ethics of Wells Fargo has been drastically gown down in the last few years.

Salary - Poor

+5 more

Financial Analyst in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

5.0

• posted on 16 Nov 2023

4.0

for Salary and Benefits

Likes

...ployees who work for bank and want to have a good culture and work life balance. I like working in Wells Fargo personally due to lot of reasons there is no internal politics, good package Wells never fire people even in worse situation so if you are looking for a stable job join us.

Salary - Good

+3 more

Dislikes

In Wells there is less opportunity for skill enhance and projects . People are using very very old technology to do work even if you talk about automation they will tell you to do in Excel :)

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Legal & Regulatory Department

2.0

• posted on 03 Aug 2023

2.0

for Salary and Benefits

Likes

Pick and Drop. Compensation is okay, not too good, neither bad. One should really negotiate well before accepting the offer.

Dislikes

Bias managers, people like and promote 'yes boss' culture. No matter at what position you should know, how to butter effectively. 3 days work from office, might change to 4 days from next month. If you are not coming to office on your scheduled days, you should mark an absence for that day. Work isn't a priority, most of the management is only concerned with Who is in office, who isn't. The leadership team Vidya and Arindam keep sending rude emails to all India staff, threatening job loss, disciplinary action etc.

Salary - Poor

+5 more

Financial Analyst in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 04 Oct 2023

3.0

for Salary and Benefits

Likes

Their values management and the way employees are treated

Skill development - Excellent

+4 more

Dislikes

Salary hikes and they recruite people with very minimal hike and also for freshers who are been recruited from external will receive very less compensation compared to college hires

see more salary related reviews

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Wells Fargo Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at Wells Fargo ?

The average salary of a Mortgage Underwriter at Wells Fargo in India typically ranges from ₹3.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Mortgage Underwriter at Wells Fargo earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Mortgage Underwriter Salaries at Wells Fargo can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Wells Fargo employees in India.

What is the estimated take home salary of a Mortgage Underwriter at Wells Fargo in India?

The estimated take-home salary of a Mortgage Underwriter at Wells Fargo in India typically ranges from ₹42,242 to ₹43,374 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Wells Fargo. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Wells Fargo for Mortgage Underwriter in India?

Barclays	₹2.9 Lakhs to ₹10.1 Lakhs per year
HSBC Group	₹7.5 Lakhs to ₹7.6 Lakhs per year
SitusAMC	₹3.6 Lakhs to ₹10.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Wells Fargo, depending on the role and experience level.

What is the salary of a Mortgage Underwriter in companies similar to Wells Fargo in India?

The salary of a Mortgage Underwriter at companies similar to Wells Fargo in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp	₹2.5 Lakhs to ₹6.0 Lakhs per year
JPMorgan Chase & Co.	₹3.5 Lakhs to ₹4.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Mortgage Underwriter at Wells Fargo in India?

The salary growth for a Mortgage Underwriter at Wells Fargo depends on factors such as experience, performance, and promotions. On average, a Mortgage Underwriter can expect the following growth trajectory at Wells Fargo:

Experience	Average Salary Range
1 year	₹3.5 Lakhs to ₹5.6 Lakhs per year
2 years	₹3.0 Lakhs to ₹8.1 Lakhs per year
3 years	₹3.4 Lakhs to ₹9.1 Lakhs per year
4 years	₹3.9 Lakhs to ₹6.6 Lakhs per year

and so on.

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Wells Fargo Mortgage Underwriter Salaries

Wells Fargo Mortgage Underwriter salary in India ranges between ₹3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Wells Fargo latest salaries received from various employees of Wells Fargo.