There are several ways to lower your mortgage payment if you want to refinance a mortgage with Wells Fargo.
Wells Fargo is one of the oldest mortgage lenders in the United States. When you refinance your mortgage with Wells Fargo, its loan officers help you understand your options and make an informed decision about the best loan for your needs.
A division of Wells Fargo Bank, Wells Fargo Home Mortgage provide a variety of services including banking, insurance, consumer finance services and investments. You'll discover several benefits with a Wells FArgo refinance. First, interest rates will likely be lower now than when you got your home loan. Lower rates will reduce your mortgage payments and the total amount of interest you'll pay over the life of the loan. If your current mortgage has an adjustable rate, a Wells Fargo refinance mortgage lock you into a low fixed rate. Additionally, you may shorten your loan term when you refinance to further cut the interest that will accrue over the life of the loan.
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Wells Fargo offers several different types of home loan refinancing. Similar to new home financing, a mortgage refinance can be done through a fixed-interest loan, adjustable-interest loan, or a Federal Housing Authority (FHA) loan.
You may also qualify for the Home Affordable Refinance Program (HARP) to refinance your mortgage with Wells Fargo. If you don't qualify for traditional refinancing because the value of your home has dropped significantly, this program may be the only way to refinance.
Whether you want to refinance because interest rates are low or you want a different type of a loan, Wells Fargo has options. A Wells Fargo loan officer can help find the loan for your needs. If you want to compare other lenders' refinancing options with Wells Fargo, go to Reply! to explore mortgage loans and rates.