Last Updated: 04/30/2025
SuperMoney User Recommendation Score +70
Strongly recommended23 total votes
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Highlights
Community Rating
Strongly recommended
Credit Score Range
N/A
Amount Range
$10,000 - $20,000,000
Loan Term (Years)
15 - 30
Number of Reviews
Wells Fargo Home Mortgage Review
Wells Fargo Home Mortgage is offered by Wells Fargo Bank (NMLS #399801), a bank founded in 1852 and based in San Francisco, CA. Wells Fargo mortgage are available in 50 states and Washington, DC.
Key Takeaways
- Wide selection of mortgage programs offered. Wells Fargo Home Mortgage offers FHA, USDA, VA, jumbo, conforming, and conventional mortgages.
- Financing for a variety of property types. Offers home loans for manufactured, single, and multi-family homes.
- Refinancing for large mortgages. You can refinance mortgages with balances of up to $20,000,000 with Wells Fargo Home Mortgage.
- Non-standard interest rates available. Wells Fargo Home Mortgage offers adjustable-rate mortgages, hybrid mortgages, and fixed-rate mortgages.
- Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
- Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
- Cosigner and coborrower applications accepted. A cosigner or coborrower can help you qualify for better rates and terms when applying for Wells Fargo Home Mortgage.
Wells Fargo Home Mortgage Pros & Cons
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Wells Fargo mortgage FAQ
How much can you borrow via Wells Fargo Bank?
Wells Fargo mortgage allows borrowers to apply for loan amounts of up to $20,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
What is the maximum loan term you can get with Wells Fargo mortgage?
Wells Fargo mortgage offers mortgages with terms ranging from 15 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What mortgage rates does Wells Fargo Bank offer?
Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.
Do they charge mortgage origination fees?
Yes, Wells Fargo mortgage may charge a loan origination fee .
What mortgage programs are available?
Besides conventional mortgages, Wells Fargo mortgage offers the following mortgage types:
- FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- Jumbo loans: Any mortgage with a loan amount above the conforming loan limits set by the Federal Housing Finance Agency.
- USDA loans: A zero down payment mortgage loan with low mortgage rates for suburban and rural homebuyers. The USDA doesn't require a minimum credit score, but most mortgage lenders require a minimum credit score of 640.
- VA loans: A zero down payment mortgage or a refinance of up to 100% of the home's value for American military members, veterans, and their spouses. VA loans offer competitive mortgage rates, and don't have a minimum credit score. However, the mortgage lenders that offer them will typically require a credit score of at least 640.
What property usage types does Wells Fargo mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Wells Fargo mortgage allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
- Investment properties and house flipping projects
What is the customer service phone number?
The customer service number for Wells Fargo Home Mortgage is (800) 877-4833.
What is the support contact email?
The support contact email for is corporateresponsibility@wellsfargo.com.
How do people rate the customer service and user experience?
Overall, this business is strongly recommended based on community reviews that rate customer service and user experience.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
All Day
Monday
All Day
Tuesday
All Day
Wednesday
All Day
Thursday
All Day
Friday
All Day
Saturday
All Day
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +70, or 4.4 on a 5-point rating scale.
+70
-1000+100
No one recommends
Everyone recommends
Wells Fargo Home Mortgage Community Reviews
Would you recommend Wells Fargo Home Mortgage to your friends?
JB
Jane B.
Nov 18, 2023
May or may not recommend
WF Home Mortgage is one of the better mortgage products I've used. Their monthly mortgage payments always worked via direct deposit with no issue, customer service was always great, and the site was easy to use. I recently refinanced and am no longer with WF, but would love to come back to this bank.
JL
Joann L.
Mar 7, 2023
May or may not recommend
They are notorious predators. Known to take your money,home,car and continues with dishonest business practices. Never taking accountability for the frauds and crimes they have injured and harmed consumers with. All those lawsuits are real but unfortunately, the victims are not getting compensation. Only lawyers and government who are not providing services to harmed consumers. Best way to help yourself is look at how they are getting away with ...Show More
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
Wells fargo mortgage will work you with if you don't meet their credit score requirements. Applying for the mortgage is a little complex, however they are available to assist you in any way you need.
Nicholas P.
Nov 16, 2022
May or may not recommend
Wells fargo mortgage will work you with if you don't meet their credit score requirements. Applying for the mortgage is a little complex, however they are available to assist you in any way you need.
NR
Nicole R.
Oct 26, 2022
May or may not recommend
After 20 years as a customer, I decided to change banks. I don't know why I had monthly service charges on a free checking account. Also, one banker told me I should create a new account, which would be my same account, except with different numbers for fraud protection. I have no idea if that was legit but after agreeing, I did not see 2 accounts.
Nicole R
CM
Chris M.
Oct 9, 2022
May or may not recommend
My first mortgage was with Wells. Pretty typical for a fixed rate loan, nothing too special. However, the big think is that you always can call and get someone on the line to answer any questions for you and if you have a checking or savings account with Wells you can pay directly online and see how much your balance is at any time. The convenience factor ...Show More
JM
Jane M.
Sep 18, 2022
May or may not recommend
I worked at Wells Fargo Home Mortgage, and I would recommend them. The mortgage underwriters and loan officers take extra care and do their best to find ways to qualify a customer for a mortgage, or to work out a problem loan.
Daniel E.
Apr 18, 2022
May or may not recommend
I went down to my local Wells Fargo branch to discuss mortgage options. My representative was wonderful and took the time to explain in detail all the options that I had available to me. I suppose this is not necessarily reflective of the entire company, but my experience was great. Moreover, if you already have Wells Fargo, your mortgage information is seamlessly integrated into the app you most likely already ...Show More
AW
Ajoke W.
Mar 30, 2022
May or may not recommend
They provide good services, been a while i used them but they are good with what they do.
TB
Tabbitha B.
Mar 4, 2022
May or may not recommend
Wells Fargo is all around an amazing bank! They can assist with any financial service you and/or your family are needing financial super with.
JH
Jade H.
Jan 3, 2022
May or may not recommend
My husband and I just took out a mortgage with Wells Fargo. The process was very straight forward. They were very patient to answer all of our questions and work with our unique scenario to process the loan. We were able to apply and purchase a home in 2 months total. We are moving in to our home NOW! We couldn't be happier with Wells Fargo.
JE
Jerome E.
Dec 21, 2021
May or may not recommend
I have used them in the past. Rates are competitive. They might transfer your mortgage to a 3rd party.
DH
Denicki H.
Dec 1, 2021
May or may not recommend
I've gotten a loan through Wells Fargo before, and they are very helpful when you need them, especially with payment options. It can be difficult to get through to talk to customer service but otherwise I'd suggest them for a loan
DA
Dnajh A.
Oct 6, 2021
May or may not recommend
Great features like being able to turn card on and off.
NK
Natasha K.
Sep 14, 2021
May or may not recommend
I have heard so many amazing things about Wells Fargo home mortgage services. I have a few friends and family that use them and I have never heard a bad thing about them. They are reliable, trust worthy, and they are fast to answer you when in need of help.
EN
Eleasia N.
Aug 25, 2021
May or may not recommend
Wells Fargo Home Mortage offers plenty of loans available that includes jumbo mortgages and refinance loans. They are worth of look if you are an existing customer. They also have fast and approval transactions and are really helpful. They take their products into consideration, instead of just focusing on credit scores. Highly recommend.
Hannah M.
Aug 17, 2021
May or may not recommend
I personally have dealt with Wells Fargo, and they were very accommodating. I love Wells Fargo as a whole. For the mortgage aspect, payments are super easy to access online. There are also no money down options, which is really nice. The eligibility can be tight, though.
Socheath T.
Aug 11, 2021
May or may not recommend
have your mortgage through Wells Fargo and you have made at least $20,000 additional payment ?towards your principal mortgage payments you qualify for what’s called “recasting” Now I pay less a month. :)
KV
Katie V.
Dec 19, 2020
May or may not recommend
We ultimately went with another local company for our first home (who sold our mortgage immediately to a larger firm anyway) whose officer specializes in USDA loans in our small, very rural community. Our Wells Fargo agent was leaning towards FHA, but we didn't feel comfortable borrowing the amount of money we'd need for a downpayment from my parents. They did help us with some of the closing costs on ...Show More
MM
Mariah M.
Dec 15, 2020
May or may not recommend
I absolutely love working with Wells Fargo. Their customer support line is always prompt to answer and to respond to any questions I have had about my loan. When we refinanced our loan for a lower interest rate this summer, the Wells Fargo advisors were professional, honest, prompt, and efficient. They made the process as painless as possible and expedited the refinance process.
Showing 20 of 23 reviews
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