Headquartered in San Francisco, California, Wells Fargo and Company is the world’s second largest bank by market value. It is one of the Big Four Banks in the United States and the 2nd largest bank in terms of deposits, debit cards, and home mortgage servicing.
The bank operates in 35 countries and serves more than 70 million customers worldwide. As of 2012, it had over 9,000 retail banking offices and 12,000 ATMs spread across 39 U.S. states and the District of Columbia.
The bank is a leading provider of various banking products and services including consumer banking, corporate banking, credit cards, finance and insurance, mortgage loans, investment banking, private equity, private banking, and wealth management. The bank has helped millions of homeowners finance their homes or refinance their existing loans.
If you want to buy a new home or refinance your current mortgage, Wells Fargo is the right place where you could get a huge variety of mortgage products to choose from. With a little help from the bank, you can make an informed approach while buying your home.
Wells Fargo offers fixed-rate and adjustable-rate mortgages, which are the two most popular mortgage types. Both these options are made available for jumbo non-conforming loan amounts, conventional conforming loan amounts, and VA or FHA programs. With a fixed-rate loan, interest rate and monthly principal payments will remain the same throughout the life of the loan.
Adjustable-rate loans offer fixed interest and principal payments for the initial 5, 7, 10 years, after which, they get adjusted annually. The bank also offers new construction loans for those people who are looking to build their dream house. Whether it is a single family home or a condo project, the bank can help you get several financing options at competitive rates and flexible terms.
Wells Fargo Mortgage Payment Options
Wells Fargo offers convenient ways to manage your mortgage account and make your monthly mortgage payments on time. You can login to your online account through Wells Fargo Online and make monthly mortgage payments online from the comfort of your home or office.
By getting online access to your mortgage account, you can enjoy easy payment set up, view account activities, get access to scheduled payments and lot more. You can also set up automatic deductions of your monthly mortgage payments from your checking account.
Other than online mortgage payment option, you can also send your mortgage payment through ordinary mail or overnight express to the mortgage department of the bank at:
Home Mortgage Wells Fargo Home Mortgage P.O. Box 10335
Des Moines, IA 50306-0335