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Old 01-17-2008, 01:51 PM
 
76 posts, read 324,103 times
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Are they a good company to deal with as far as getting a loan?
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Old 01-17-2008, 02:04 PM
 
Location: New York, Westchester
506 posts, read 1,929,128 times
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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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Old 01-17-2008, 02:34 PM
 
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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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Old 01-17-2008, 03:11 PM
 
76 posts, read 324,103 times
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Default 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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Old 01-17-2008, 03:16 PM
 
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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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Old 01-17-2008, 03:17 PM
 
Location: Houston, Texas
10,425 posts, read 41,724,097 times
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I hope the next terrorist plane hits them.

That is one very very bad bank.
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Old 01-17-2008, 03:28 PM
 
4,066 posts, read 10,830,654 times
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Quote:
Originally Posted by micheleroll View Post
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.
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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Old 01-17-2008, 03:29 PM
 
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Originally Posted by desertsun41 View Post
I hope the next terrorist plane hits them.

That is one very very bad bank.

can u say psycho??
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Old 01-17-2008, 07:13 PM
 
3,905 posts, read 9,657,960 times
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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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Old 01-18-2008, 08:29 PM
 
36 posts, read 328,534 times
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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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