Purchase, Refinance, Jumbo, Fixed, Adjustable, FHA, VA, USDA
Min. credit score required:
Min. down payment:
For example, if you apply for a 15-year $400,000 mortgage with an interest rate of 6.15% and a down payment of 10% you would receive $360,000 and make 180 payments of $3,067.14. The total amount paid would be $552,084.
A variety of loan types. Mortgage types include conventional, FHA loan, USDA loan, VA loan, ARM loan, and Jumbo loan.
Down payment assistance. Wells Fargo has a number of programs that assist low-income earners with down payments. For example, YourFirst Mortgage reduces your down payment to 3% on a conventional fixed-rate mortgage when purchasing a home.
Apply online. You can complete the entire loan application process online, as well as check the status of your application. You can also see all rates and fees associated with each mortgage product on the website before applying.
Don’t offer home equity lines of credit. Due to the COVID-19 pandemic, Wells Fargo has joined a long list of lenders who aren’t offering this mortgage product at the moment.