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Should I get my mortgage through Wells Fargo?
I personally believe Wells Fargo is an evil satan-worshipping corporation who cares nothing about their clients, but I'd love to hear some actual educated opinions. Please explain your answer and opinion regarding my question, be detailed :)
3 Answers
- Stop the liesLv 41 decade agoFavorite Answer
I would shop around for the best interest rate available for the type of mortgage you are looking for. So many times you obtain a mortgage with one bank, and the next thing you know it is sold off to another financial institution. You might finance through one that you love and end up with Well's Fargo after all, or worse then that Bank of America! Good luck, the interest rates are great right now.
Source(s): 26 years in banking - thomasonLv 44 years ago
that's truthfully the previous bait and turn.... in the journey that your value isn't locked in than it did bypass up, and in case you have been think to have no PMI or Lender paid PMI and now you have PMI i'd be weary of what's approximately to return. Why did you no longer choose for the 80/20 or seventy 5/25? this would assure no PMI. additionally in case you have no PMI then they are in basic terms going to roll it into your value. you would be able to desire to call the banker at Wells Fargo and start up asking them those questions. i truthfully am a private loan officer and that i will inform you I compete with Wells Fargo a lot, many times if a customer finally ends up going with Wells Fargo and not me they're going to easily approximately constantly call lower back and whinge approximately all the "hidden expenses" they encountered. i'm no longer attempting to sway you remote from Wells Fargo yet beware they have some shady methods there. sturdy success
- Nifty BillLv 71 decade ago
I don't like Wells Fargo either. They are not the best bank out there. The worst are the on line mortgage banks, stay away from them. But really, you want to get the best rate and compare the APR (annual percentage rate). They must tell you by law. Also, try some of your local mortgage brokers (not banks) in the yellow pages in your city.