Wells Fargo Mortgage Reviews

I had a loan secured with another bank, which was going to allow me to pay half my mortgage on the 15th and the other half on the 1st, this technique, allows the borrower to pay less interest over the life of the loan. When I went into Wells Fargo branch in Redondo Beach, CA and worked with Ryan ** and Anita to do the wire transfer to open escrow, they were delighted to see if they could obtain the loan business. They offered me a lower interest rate than I had with my current lender.

I was reluctant to go through with using my VA benefits with Wells Fargo to purchase my home due to two previous experiences with auto loans where the service was a huge pain to handle. But my realtor assured me he hadn't heard anything bad. Fine. There I was, 3 years into the loan with no issues and hurricane Matthew hit us and caused us some issues and damage to the house. I called and said I needed help because the hurricane had set us back with not being able to work and the damage to the house. The rep assured me they would do all they could and assured me that it wouldn't effect my credit. Liar. He was simply buying time to assist in making the matter worse, and then when I brought this to the attention of a different rep, they said they would review and they did then they said they would send the matter to their underwriters to determine the best route for me and they'd call or email me to discuss my options.

I am a Real Estate broker, representing the seller in a real estate transaction. The buyer elected to use Wells Fargo for their financing. After the contract was submitted to Wells Fargo so that they could begin working on the file, the file sat in limbo (from 7/21 - 8/13) before being sent to processing. The buyer's agent and myself both tried to contact the bank on multiple occasions to get an update, only to NEVER get a response. Finally on 8/7, I received an email from the loan officer stating that she had been out of the office for health reasons. I never got an out of office message and apparently there was no back-up taking care of her workload while she was out.

Wells Fargo gave me false information when I paid my home insurance IN FULL for 2018. I was told an Escrow Account would not be set up. I have NEVER had an Escrow Account on any mortgage loan in my life. (I am 65 and have financed several home loans paying insurance and taxes separately.) After speaking to 19 (NINETEEN) associates they agreed that I was told incorrect information; however, they still charged me a monthly insurance fee for 2018 which was PAID in FULL.

Wells Fargo gave us the run around with refinancing paperwork again like I hear everyone complain about. Weeks turned into months and have nothing but anger for putting us so far behind in our mortgage that they foreclosed on us! They put us in this situation and now wouldn't help and denied us! My 79 year old father who was a navy veteran lived in his house for 28 years has been thrown out of his home! Really what is wrong with this picture!

While I was going through a divorce I lost my home (2013) to Wells Fargo. The divorce court judge wrote a letter to them but of course they didn't pay attention to it. I was trying to get a loan that was fixed because the one I had kept on going up. They just sold my house during negotiations. They couldn't give me an answer because according to them it was not in their hands or didn't know why... I was practically homeless with my kids... then I almost lose my car to them too. I paid thousands in late fees and a very high interest.

All companies which want to win clients try to provide better service and think responsibly. But Wells Fargo does not want to turn their face towards the clients. My mortgage was transferred to Wells Fargo about a year ago. I was not asked for that. Companies made decision themselves. Now I cannot even receive paperless billing with Wells Fargo, which I consider convenient and more secure. I have been asking about it several times, but they don't have a plan to implement for the account (2-3 times since account was opened). They like to send paper copy each month instead, making inconvenience for me and not thinking about our environment and trees.

They make it too hard to get financial help when you need it. I pay all my bills on time and yet I get turned down when I apply for help. I have had accounts with some of these places before. They know my payment history yet they still turn me down. Yet people come here to this country and get handed everything for free even businesses. I worked and paid taxes all my life and now I'm just trying to keep a roof on my head and I can't even get help lowering my mortgage payment. I'm not too happy.

My first mortgage was with Wells Fargo. Within the 1st year, my bill spiked 3X's the amount & I called to find out why - I was not given a straight answer. I told them I would have a very difficult time making the payments, & the woman on the other end told me to "pray on it". I vowed to never again do business with Wells Fargo in any capacity.

Our banker in Yuma did a terrific job at long distance as for most of our transaction, we were in our home in Mount Vernon, WA dealing with a purchase in Yuma, AZ. Our Yuma banker worked with her local Chicago Title while we did our part with our local Chicago Title.

This lender does not give the best rates and they do not want to bargain for lower rates even if other banks offer lower ones. This happens even if you have been with them for many years. I tried many times to get a lower rate, no dice. This is an awful organization.

They are the worst, they lose papers, change adjusters without warning. I had 6 adjusters in less than 6 months, I sent them 100's of pages of information. One hand doesn't know what the other is doing. Very unorganized & unprofessional!!

We were financed through Wells Fargo when the housing market crashed. Predatory Lending at its best. The restructuring options were unrealistic and every person we dealt with sounded hurried and obviously tied to a rigid script. We did end up losing our house. While moving a contractor from the bank came to the house we were leaving while we were not home, drilled out the front door locks, and removed what was left in the house, to include a priceless (to us) guitar that our deceased daughter used to play with me. Wells Fargo was zero help and the number left with a door hanger connected us to no one. Thank goodness State Farm stood by us and treated it as a theft. We will never use any of their products nor recommend them to anyone!

At every step of the process Wells Fargo totally ignored their own guidelines and commitments as to how they would respond to our request. There was never any timely feedback. Everything we sent was like it fell into a dark hole. No one was helpful in any way. Clearly they were doing everything they could to discourage us so that we would go away.

Wells Fargo customer service representatives are not professional. The company does not offer practical financial solutions. Making payments online does not offer options to pay additional amounts.

I was so pleasantly surprised when my local Wells Fargo branch manager called me personally to tell me I should refinance my loan, with his help, to save money.

The Mortgage Loan Process with Wells Fargo Bank was flawless. Everything seemed to click from day 1 of the loan process. The Loan Consultant did an excellent job of getting me a good loan rate with an appropriate term. Thank you Wells Fargo.

It was horrible. Do not use them. They are unavailable to talk to, cannot go into bank to discuss mortgage questions. I am never doing business with them again...

Wonderful and easy to work with. Very helpful and assist with every step. Call and communicate with you every step of the way. Friendly and savvy about their product.

Wells Fargo would not work with me to keep my house. No decreased monthly payment and they were so rude and angry at me! Wells Fargo tells its customers to call them if they have a problem and when I do I'm treated like squalor. The whole business should have failed and they should be GONE!

I liked Wells Fargo, until I realized that they were processing my payments wrong and when I caught it, they said they could only fix a few of the payments that were processed wrong. I was paying from the beginning extra principal payments that they didn't apply correctly. I felt ripped off.

Wells Fargo have been our mortgage provider for several homes over the years. Communication and customer service have always been first rate. Anytime I have called with a question or concern they always come through. Online access to account was simple to set up and access. We will continue to do business with Wells Fargo.

Great help, good service, fast response, I would recommend these guys. Even on my property loss due to hail, they followed up and made processing my insurance claim very seamless.

I have mostly dealt with Wells Fargo in regards to foreclosure and for the most part I can say once contacted they stay in touch at the minimum on a weekly basis. They remain in contact with the homeowner as well as with me. Always have been courteous and willing to help.

I sold a house in Washington State February 1918 and bought one in West Virginia in December 1917. Both had a Wells Fargo mortgages. I have refinanced several times and always ended up with a Wells Fargo mortgage. WF always had competitive rates. Their turnover from one team member to another was seamless and follow up from all team members was impressive. WF will always be my first choice for future mortgages.

My application was sold to Wells Fargo, they were very misleading upfront and when I had a hard time making my payments they pretended that they wanted to help but they obviously really didn’t by their actions. I will avoid Wells Fargo at all cost in the future.

Very bad customer service. Representatives are very low skilled & do not want to help out. Lots of hidden fees. APR is high. That's why I refinanced with another lender.

Wells Fargo was hard to reach, usually had to be transferred then a long wait for the next rep. Now our account has been sent to another company. We don’t have the same rate now. I can’t recommend Wells Fargo to anyone.

I have cancer and went through Wells Fargo's process to modify my mortgage loan. After jumping through several hoops not only did they deny it they raised my mortgage. I live off of disability and the amount I receive barely covers the mortgage over $2100. I get $2649. So less than $549 left to pay other bills. My health insurance premium is $578/month. Horrible evil people.

They held a lien on my property that was supposed to be released in 1997, until 2016. Impossible to work with, kept laying blame on the other mortgage company.