Apply For Home Equity Loan Wells Fargo

New wells fargo home equity accounts are subject to credit qualification income verification and collateral evaluation.

Apply for home equity loan wells fargo.

Complete an online application to qualify. A wells fargo personal loan is a great way to consolidate high interest rate balances fund special purchases or cover major expenses. Let us guide you through the process of applying for a mortgage loan. 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.

You may be able to borrow up to 40 000 of that equity before reaching 80 of your home s value. The index as of the last change date of march 16 2020 is 3 25. Official page for wells fargo home mortgage loans. 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.

Enter your username and password to securely view and manage your wells fargo accounts online. Click here to sign on to your wells fargo account s. Apply for a wells fargo 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. 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. 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.