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CD/Savings Secured Loan

Meet expenses without raiding your savings
If you have a Wells Fargo CD or savings account, you can use it as collateral for a loan—meaning you get a lower annual percentage rate (in comparison to unsecured loan or line of credit products) without touching your savings. Please note the amount in your collateral account equal to the full amount of the loan will not be available for use until the CD/Savings Secured Loan is paid in full.

Why get a CD/Savings Secured Loan?

  • Immediate funding — You may access your funds the next business day after credit approval.
  • Simple application — you won’t have to deal with a complicated application
  • Fixed term, fixed rate — you know exactly how much you’ll pay each month, making it easy to budget
Why choose a Wells Fargo CD/Savings Secured Loan?

We want to see you succeed financially. Call one of our bankers any time, day or night, to talk about your options — 1-888-667-5250.
Ideal for: Meeting immediate expenses with a fixed annual percentage rate and monthly payment. You get a lower annual percentage rate by providing approved collateral (such as a Wells Fargo CD or savings account) to secure your loan.
Access to Funds
  • You receive the entire amount of the loan up front.
  • Funds are paid to you via check or direct deposit into your Wells Fargo checking account.
  • Credit decision generally within 2 business hours. Receive money in as few as 3 business days.
Minimum Monthly Payment Fixed monthly payments of interest and principal.
Payment Options
  • Fixed monthly payments of interest and principal.
  • Pay additional principal at any time during the term of the loan. There’s never a prepayment fee.
Amount You Can Borrow $3,000 to $250,000.*
*Any applicable fees/charges that are financed may be added to this amount.
Annual Percentage Rates Competitive Annual Percentage Rates.
Rate and Payment
Term Up to ten years; varies by loan amount.
Origination Fee There is a $75 loan origination fee.
Smart management of your personal credit can help you achieve financial success.
Call to Apply1-888-667-5250
Equal Housing Lender