The triggering and spreading of volumetric waves in soils, namely pressure (P) and shear (S) waves, developing from a point source of a dynamic load, are analyzed. Wave polarization and shear wave splitting are innovatively reproduced via a three-dimensional Finite Element research code upgraded to account for fast dynamic regimes in fully saturated porous media. The mathematical–numerical model adopts a u-v-p formulation enhanced by introducing Taylor–Hood mixed finite elements and the stability features of the solution are considered by analyzing different implemented time integration strategies. Particularly, the phenomena have been studied and reconstructed by numerically generating different types of medium anisotropy accounting for (i) an anisotropic solid skeleton, (ii) an anisotropic permeability tensor, and (iii) a Biot’s effective stress coefficient tensor. Additionally, deviatoric-volumetric coupling effects have been emphasized by specifically modifying the structural anisotropy. A series of analyses are conducted to validate the model and prove the effectiveness of the results, from the directionality of polarized vibrations, the anisotropy-induced splitting, up to the spreading of surface waves.