Wells Fargo Mortgage, WFHM, Wells Fargo Home Mortgage Loans

Wells Fargo Mortgage will no longer be available to people with poor credit histories as the bank has decided to stop making sub-prime mortgages. It will now offer mortgages guaranteed by the Federal Housing Administration instead. One among the largest mortgage originators in the US, Wells Fargo is known nationwide as a traditional lender. But the recent acquisition of Wachovia Corp has мейд it suffer a heavy loss as the bank has to meet the financial crisis on the loan portfolios of Wachovia Corp as well.


The market comprising non-prime real estate business has also declined, which is yet another reason for the bank to close down its 100 year old division that specialized in sub-prime mortgages. The San Francisco based Wells Fargo Bank has been a major player in the mortgage industry for over 150 years. Today it is the third largest bank by market capitals and fourth largest by assets.

Wells Fargo Mortgage Rates

Wells Fargo offers competitive mortgage rates on its diverse range of loan programs, which can also be customized according to the requirements of a borrower. Moreover, the bank offers manifold options for first time home buyers as well as for second home buyers. The interest rates for fixed term loan as well as for adjustable rate mortgage keep on changing according to changes in APR, points and certain other factors. You can view the current interest rates on any loan products of the bank online at its website, although you can get an idea of the same through its mortgage rates history over a period of time. Explore the pages of realestatezing.com to get updates on Wells Fargo mortgage rates today.

Wells Fargo Mortgage Calculator

Wells Fargo Mortgage Calculator is a useful tool that helps you know the cost of a mortgage. You can use different combinations of the elements that affect the cost of a mortgage in any suitable way to reach the best possible option. The mortgage calculator you will find at the website of Wells Fargo bank will help you answer the questions, such as "What will my monthly mortgage payments be" and "How much could I borrow for a home loan". You need to enter details like the home value, loan purpose, loan amount and location to get Wells Fargo mortgage calculator working. The other resources you would find online include Down Payment Solutions, House Wish Checklist, Home Sales Report and Homeownership Guides among many others.