does wells fargo do fha loans

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  • Does Wells Fargo offer FHA or yourfirst loans?

  • Wells Fargo recommends speaking with one of their mortgage consultants to find out which option (FHA or yourFirst) will work best for you and your financial needs. For conventional loans, you鈥檒l need a good or better credit score for a higher chance of approval. Other factors under review include your income, debt levels and down payment savings.

  • What kind of mortgage does Wells Fargo offer?

  • As you鈥檇 expect of a big bank, Wells Fargo has a wide range of mortgage options. These include: Adjustable-rate mortgages 鈥?Choose a fixed rate for an initial 5- or 7-year period (or 10 if you want a jumbo loan). After that, your rate can fluctuate each year FHA loans 鈥?Use an FHA loan to put down as little as 3.5% of the purchase price.

  • Does Wells Fargo accept down payments on mortgages?

  • Wells Fargo has a solid selection of mortgage products and offers easy-to-shop rates. Wells Fargo accepts down payments as low as 3% on fixed-rate mortgages through its yourFirst Mortgage program.

  • Does Wells Fargo offer any loans for active or retired members?

  • Wells Fargo also offers Union Plus mortgages for active or retired union members. With this mortgage option, you鈥檒l get a $500 award card, and a mortgage assistance program for payment assistance in special hardships. Union plus provides interest-free mortgage assistance loans in case you suffer an unexpected loss of income.

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