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01-17-2008, 01:51 PM
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Member
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Join Date: Nov 2007
70 posts, read 68,256 times
Reputation: 28
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What do you think of Wells Fargo Financial?
Are they a good company to deal with as far as getting a loan?
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01-17-2008, 02:04 PM
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Senior Member
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Join Date: Mar 2007
Location: New York, Westchester
384 posts, read 413,376 times
Reputation: 112
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I Have Used Them And They Are A Good Company.....but Remember They Are Still A Company Trying To Make Money....always Watch Their Junk Fees......good Luck
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01-17-2008, 02:34 PM
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Senior Member
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Join Date: Nov 2006
1,406 posts, read 1,875,232 times
Reputation: 354
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i use wells fargo and love them. i have never had any problems with them and they don't sell off your mortgage the second you sign on the dotted line like other companies.
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01-17-2008, 03:11 PM
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Member
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Join Date: Nov 2007
70 posts, read 68,256 times
Reputation: 28
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So, if I.....
have been in my house for only 3 months, are they good with loaning a large amount of money ($60,000-$80,000) using my house as colateral? Note: (Not using an equity loan because I don't have equity yet.
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01-17-2008, 03:16 PM
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Senior Member
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Join Date: Nov 2006
1,406 posts, read 1,875,232 times
Reputation: 354
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oh that i don't know. i have never borrowed money against my home. you would need to call and talk with someone. sorry.
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01-17-2008, 03:17 PM
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Senior Member
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Join Date: Nov 2007
Location: Kemah Texas
7,510 posts, read 4,974,881 times
Reputation: 3987
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I hope the next terrorist plane hits them.
That is one very very bad bank.
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01-17-2008, 03:28 PM
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Senior Member
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Join Date: Mar 2007
1,821 posts, read 1,631,920 times
Reputation: 357
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Quote:
Originally Posted by micheleroll
have been in my house for only 3 months, are they good with loaning a large amount of money ($60,000-$80,000) using my house as colateral? Note: (Not using an equity loan because I don't have equity yet.
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I don't think anyone is going to lend you $60-$80k unsecured. Maybe $25k-$50k, but the credit markets have been tightening a lot.
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01-17-2008, 03:29 PM
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Senior Member
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Join Date: Mar 2007
1,821 posts, read 1,631,920 times
Reputation: 357
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Quote:
Originally Posted by desertsun41
I hope the next terrorist plane hits them.
That is one very very bad bank.
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can u say psycho??   
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01-17-2008, 07:13 PM
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Real Estate Agent
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Join Date: Sep 2007
Location: A Cypress Tree Swamp in Carrollwood
2,453 posts, read 1,716,813 times
Reputation: 3069
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I'm not a lender so I don't know, but Wells Fargo, like other lenders, has a lot of bad debt already. Their Q4 profit fell 38% according to recent news. I would expect it to be very difficult to get a loan from anyone on a property with no equity.....
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01-18-2008, 08:29 PM
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Member
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Join Date: Jan 2008
36 posts, read 101,796 times
Reputation: 26
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When I owned my own home my lender was Wells Fargo...nothing but very good things to say about them. Highly recommended !
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