Apply For Home Equity Loan Wells Fargo

Wells fargo one of the largest home lenders in the u s said it it stepping away from the market for home equity lines of credit because of uncertainty tied to the coronavirus pandemic.

Apply for home equity loan wells fargo.

Official page for wells fargo home mortgage loans. Complete an online application to qualify. Enter your username and password to securely view and manage your wells fargo accounts online. For example if your home is worth 200 000 and your mortgage balance is 120 000 that means you have 80 000 in total equity.

The apr for a wells fargo home equity line of credit is variable and based on the highest prime rate published in the western edition of the wall street journal money rates table called the index plus a margin. A wells fargo personal loan is a great way to consolidate high interest rate balances fund special purchases or cover major expenses. Apply for a wells fargo mortgage loan. To qualify for a customer relationship discount you must maintain a qualifying wells fargo consumer checking account and make automatic payments to your home equity line of credit from any deposit account.

New wells fargo home equity accounts are subject to credit qualification income verification and collateral evaluation. You may be able to borrow up to 40 000 of that equity before reaching 80 of your home s value. Let us guide you through the process of applying for a mortgage loan. Our home mortgage consultants can help you get started with a free consultation.

The index as of the last change date of march 16 2020 is 3 25. Blend hosts the online mortgage application for wells fargo. The apr for a wells fargo home equity line of credit is variable and based on the highest prime rate published in the western edition of the wall street journal money rates table called the index plus a margin.