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Wells Fargo Express Refi® Loan

Refinance your existing commercial loans or debt with a Wells Fargo Express Refi loan to lower your mortgage payments or to take cash out for a number of business expenditures. With a Wells Fargo Express Refi loan, you'll benefit from a high loan amount, no upfront fees, and a streamlined application and decision process.
Ideal ForBusiness owners and real estate investors who want to refinance their commercial loans or consolidate debt at a low rate.
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% of the property value).
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-Based.
Collateral
  • Business or investment property valued up to $3 million1 (No second homes).
  • Investor or mixed-use properties welcome.
Fees
  • Application Fee: None.
  • Title Fee: None.
  • Appraisal Fee: None.
  • Origination Fee: 1% of loan, due at closing.2
  • 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 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.
2 A non-refundable deposit is due upon acceptance of terms, and will be applied at closing to the origination fee. The tiered deposit structure is $500 for loans up to and including $250,000, and $1,000 for loans above $250,000. Borrower is responsible for all state imposed fees and taxes, in addition to any legal fees.
Equal Housing Lender