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Wells Fargo Commercial Equity Loan

Leverage the equity in your business or investment property with a Wells Fargo Commercial Equity Loan and use the funds to cover expansion, major business purchases, debt consolidation or any other business expenditure. And, with our rapid decision and funding process, you could have access to funds quickly and easily.
Ideal ForBusiness owners and real estate investors who want to borrow against the equity in their property for large business expenditures.
How it Works
  • Save time with the streamlined application.
  • Pay no application, appraisal or title fees and save thousands of dollars.
  • Receive a one-time lump sum that you pay off over a specified amount of time.
Does it work for you?Visit a Wells Fargo location near you.

Additional Information

Credit Amount$50,000 to $500,000 (up to 75% LTV on first lien position and up to 70% on second lien position).
TermsChoose from:
  • 5, 10 or 15-year terms.
  • 10-year balloon with a 25-year amortization schedule.
  • 5-year balloon with a 25-year amortization schedule.
Interest RatesFixed or Prime-Based1
  • Business or investment property valued up to $3 million2 (No second homes).
  • Investor or mixed-use properties welcome.
  • Application Fee: None.
  • Title Fee: None.
  • Appraisal Fee: None.
  • Origination Fee: 1% of loan, due at closing.3
  • Annual Fee: None.
  • Prepayment Fee: Fixed-rate loans have a 3% pre-payment fee applied to payments made in excess of the payment schedule or early payoff requests in the first three years of the loan.
  • Early Closure Fee: For Prime-Based loans, a $3,000 early closure fee applies if closed within 3 years of origination.
Optional FeatureAutomatic Payment: Automatically make payments on your account at your convenience.
For More Information
  • Review our Frequently Asked Questions.
  • Compare our business loans.
How to Apply
1 The index for the Prime-Based loan is the Wells Fargo Prime Rate. The interest rate for the loan will be adjusted with each change in the Wells Fargo Prime Rate. The payment will be fixed for 12 months and adjust only once per year on the anniversary of the loan. Any over or under payment of accrued interest resulting from a rate change, will be applied to the borrower’s balance. The reamortized payment will be calculated annually, using the remaining term, current balance and Wells Fargo Prime Rate then in effect. Restrictions may apply. Some properties may require an environmental loan insurance policy. Only loans/lines in 1st position are eligible. Policy costs range from $800-$1,200. This is a one-time cost and varies based on risk, loan term and loan amount.
2 Most property types are eligible. Environmentally sensitive properties may require an environmental loan insurance policy. Property located in a flood zone may require flood insurance. These expenses if applicable, are the borrowers responsibility. Collateral properties located in rural areas may not be eligible for this offer. Certain residential properties are not eligible. Please contact us for details. Note on Texas properties: Commercial property owners having a personal residence situated on, or adjacent to, the collateral property are not eligible for this offer.
3 You will need to pay a non-refundable deposit of up to $1,000 when accepting the terms of any loan or line of credit. Your deposit will be credited at closing against the origination fee (if any) and environmental insurance fee (if any) payable by borrower in connection with the transaction. If your deposit exceeds the origination and environmental insurance fees amount due at closing, you will be reimbursed for any overage. If the state or other taxing authority imposes a tax or fee on the filing of a mortgage or a deed of trust, or if the bank determines that environmental or flood insurance is required, any applicable fees are your responsibility. All financing is subject to credit approval.
Terms for credit products are subject to final credit approval of the business and its owners. A physical address is required to receive a Wells Fargo business credit product. You must be an owner of this business and not already have this product. See Terms and Conditions for details at account opening.
Equal Housing Lender