Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
There's more to the story either bad credit, income, debt to income or property value. Wells Fargo doesn't require 70% down payment on home loans
She is a single buyer with uneven job record in the 2 years leading to the event. That's right but they baited her and she put down $20k. They could have told her that. Incompetent which caused a lot of stress to her.
She is a single buyer with uneven job record in the 2 years leading to the event. That's right but they baited her and she put down $20k. They could have told her that. Incompetent which caused a lot of stress to her.
They know that. They have all her W-2s, no hiding. She finally went with a private lender that I used and got better deal. Of course, there is always another lender.
Wells Fargo treated us just fine a few years ago when we were applying for a jumbo mortgage. They offered a better rate than our other banks, everything was pretty straightforward and we closed on time.
I wouldn't dismiss them out of hand.
NO complaints with wells Fargo other than explanation of my savings for mortgage approval. No more days of loans to anyone with a pulse
They know that. They have all her W-2s, no hiding. She finally went with a private lender that I used and got better deal. Of course, there is always another lender.
It just interesting in your first post you made no mention of spoty job history. Still doesn't fully explain a 70% down payment so your story is a bit off
It just interesting in your first post you made no mention of spoty job history. Still doesn't fully explain a 70% down payment so your story is a bit off
You didn't ask. They saw her work history and told her that she was prequalified. It's also not unusual for people to have spotty work record like my sister, she's contractor.
Exactly about the 70%, Wells Fargo is a crazy bank and she told them. But they are the builder's preferred lender. On top of that she has paid off 2 mortgages with them.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
