Wells Fargo Mortgage Review


Rating: 7.9 / 10 (Very good)
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Wells Fargo is one of the country’s biggest private mortgage provider in the country today. It offers a good mix of mortgage plans that offer homebuyers the best opportunity of qualifying for a mortgage loan. Services also include home refinancing, construction loans and home equity loans. Wells Fargo website contains a huge resource of mortgage calculators and knowledge base for homebuyers.  

How is Wells Fargo rated?

Breakdown

9/10
Loan Specifics
9/10
Customer Experience
7/10
Qualification Requirements
6/10
Lender Reputation

Overall Rating: 7.9 / 10 (Very good)


Wells Fargo Customer Experience

Loan Specifics - 9 / 10


Wells Fargo Customer Experience

Customer Experience - 9 / 10


Wells Fargo Qualification Requirements

Qualification Requirements - 7 / 10


Wells Fargo Lender Reputation

Lender Reputation - 6 / 10


Company Profile

Full Name
Wells Fargo Mortgage

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Customer Comments & Reviews

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E
Edward
New York, New York
8/24/2017
I have a mortgage with Wells Fargo. I am in the process of refinancing. I live in NY, where there is a significant mortgage tax for any new mortgage. To avoid this tax, most lenders will assign the existing mortgage to the new lender. There is no mortgage tax on an assignment. Wells Fargo is refusing to assign my mortgage. They will only record a satisfaction of my mortgage. This means the new bank will have to issue a new mortgage, and I will have to pay thousands of dollars in mortgage taxes. There is simply no reason for this policy. An assignment is a simple two page document that most lenders will agree to sign without any issues. Wells Fargo does not care about its customers,... Read More


Nicole W
Mount Juliet, Tennessee
11/15/2016
BEWARE! We had a casualty insurance loss at our home - storm related. The Insurance Company paid promptly, payable to us and Wells Fargo, but wells Fargo refused to release any of the (almost $180,000) funds until the CERTIFICATE OF OCCUPANCY was received from the city! In other words, we had to pay for all of the repairs ourselves, and then get reimbursed when ALL the work was completed, every Contractor had been paid, and the City approved the repairs! Then and only then would Wells Fargo sign off on the Insurance company check! As you may know, contractors won't work for 6 months without pay; they get paid in increments as work is completed. Of course Wells Fargo was all too happy to... Read More



Top Rated
Our Partner
9.9 / 10
  • The largest online mortgage lender in the U.S.
  • A+ rated with the BBB
  • Industry-leading online tools
  • Award-winning customer service
  • Multiple loan options to fit your needs