Home Mortgage Loans

Thinking of buying or refinancing?

Get a personalized rate quote. It takes just a few minutes. No commitment, no credit impact.

Get a rate quote

Get more with your mortgage

$10,000 down payment grant

The Homebuyer Access℠ grant provides $10,000 in down payment assistance to eligible borrowers buying a home in select locations.,

Learn more >

Up to $5,000 for closing costs

Through our Dream. Plan. Home.SM closing cost credit, eligible buyers get up to $5,000 to apply toward one-time closing costs when buying a primary home.

Learn more >

Relationship mortgage discounts

You may be able to pay less interest over the life of your jumbo loan with an interest rate discount based on your eligible assets of $250,000 or more with Wells Fargo.

Learn more >

Common mortgage questions

Many people start by determining what they can afford as a monthly payment. A common starting point is to calculate 25% of your gross monthly income to help determine a manageable monthly mortgage payment.

A lender will check your credit score and history, your debt-to-income ratio, which is a measurement of the amount of debt you have compared to your income, and take a general look at how much money you have in checking and savings accounts in order to be confident you’ll be able to pay for your mortgage, taxes, and other costs associated with buying a home.

Wells Fargo offers several low down payment options, including conventional loans (those not backed by a government agency).

Conventional fixed-rate loans are available with a down payment as low as 3%.

  • Keep in mind that with a low down payment mortgage insurance will be required, which increases the cost of the loan and will increase your monthly payment. We'll explain the options available, so you can choose what works for you.
  • Talk with a home mortgage consultant about loan amount, loan type, property type, income, first-time homebuyer, and homebuyer education requirements to ensure eligibility.

FHA loans are available with as little as 3.5% down.

  • FHA loans have the benefit of a low down payment, but you'll want to consider all costs involved, including up-front and long-term mortgage insurance and all fees.
  • Be certain to ask your home mortgage consultant to help you compare the overall costs of all your home financing options.

VA loans offer low- and no-down-payment options for eligible veterans and other eligible borrowers.

Your monthly mortgage payment typically will include principal and interest on the mortgage, as well as homeowners insurance and property taxes if your mortgage payment includes escrow. Depending on your down payment and loan type, you may also have to pay private mortgage insurance as part of your monthly mortgage payment.

Hear from our customers

"It was a wonderful seamless experience getting my mortgage from Wells Fargo. Everyone I worked with was professional, clear, and made the process very smooth. I am very grateful and would definitely recommend Wells Fargo to others."

Despina K.

"Start to finish really great experience. Everyone involved was pleasant, professional, and kind. I have done several mortgages and this by far was the easiest."

Kenneth F.

Talk to a mortgage consultant

Call us


Mon – Fri: 7 am – 8 pm
Sat: 8 am – 6 pm
Central Time

Marque 9 para recibir atención en español.

Account servicing


Mon – Fri: 7 am – 10 pm
Sat: 8 am – 2 pm
Central Time

Marque 9 para recibir atención en español.

Let us contact you

Enter your contact information to have a mortgage consultant call you.

Get a call back

Find a consultant

Use our locator to search for mortgage consultants in your area.

Search locations

Customers must meet all eligibility requirements for the VA program. Please discuss with a home mortgage consultant to review current VA eligibility requirements.

Powered by ComeHome.

Using a cash-out refinance to consolidate debt increases your mortgage debt, reduces equity, and extends the term on shorter-term debt and secures such debts with your home. The relative benefits you receive from debt consolidation will vary depending on your individual circumstances. You should consider that debt consolidation may increase the total number of monthly payments and the total amount paid over the term of the loan. To enjoy the benefits of debt consolidation, you should not carry new credit card or high interest rate debt. By refinancing your existing mortgage, your total finance charges may be higher over the life of the loan.

The Homebuyer Access GrantSM may help customers purchase a home by providing a $10,000 grant for a down payment, subject to eligibility requirements. Grant funds cannot be used in connection with the financing of a Wells Fargo real estate owned (REO) property purchase. Repayment is not required for the grant. To use the grant, the full $10,000 must be applied toward the down payment. We cannot apply less than the full amount. The down payment grant is available in certain areas. Eligibility for grant money will not be confirmed until underwriting is complete.

Eligibility requirements:

Loan type: The grant may be used with a Wells Fargo fixed-rate conventional loan only. Loan types, such as non-conforming loans, government loans, conventional adjustable-rate mortgages, and bond loans, are not eligible. 

Income: The total qualifying income of all borrowers must be less than or equal to 120% of the area median income in the county where the subject property is located.

Location: The borrower's verified current permanent residential address must be located in an eligible area or the subject property the borrower is purchasing must be located in an eligible area. 

Occupancy: The borrower must occupy the subject property they are purchasing as their primary residence.

Contact a home mortgage consultant to discuss eligibility requirements.

Possible tax implications:  If the customer chooses to accept the grant, the funds received may be considered additional taxable income and will be reported on Form 1099-MISC for the primary borrower (the first person listed on the loan) on the application. This means the borrower may owe taxes on that additional income. The grant funds received may also affect any eligibility for income-based assistance, such as government programs like student loan payment relief or other government payments that may be based on income.  Before accepting this grant, please have the customer speak with their tax advisor to understand if their taxes may be affected by this grant. 

The Homebuyer Access grant may be combined with Dream. Plan. Home.SM closing cost credit, Corporate Mortgage Benefit Program, Union Plus® Mortgage program, non-Wells Fargo funded down payment assistance programs (DAPs), Builder Credits, and the Employee Mortgage Program. Standard Agency underwriting guidelines apply. The Homebuyer Access grant may not be combined with Bonds or Wells Fargo funded Down Payment Assistance Programs (DAPs). 

The Dream. Plan. Home.SM closing cost credit may help eligible consumers purchasing their primary residence. The credit is designed for consumers with income at or below 80 percent of the area median income (AMI) in certain areas. The closing cost credit is not available with all loan types. Please speak with a home mortgage consultant for details.

Not all assets qualify. For more information and to verify jumbo loan amounts for your county, contact your private mortgage banker.

Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A.