How do I compare Wells Fargo Mortgage to Wizard of Loan Mortgage lenders? 3 Easy Steps
Step 1 - First get a up to 4 free competing lender quotes from our mortgage quoting service and then compare these quotes to Wells Fargo.No matter what type of loan you are looking for, whether it is for a Refinance, FHA, Home Equity, home improvement or debt consolidation, a top loan searching service like ours will help find you a low rate loan from top national lenders. They utilize an advanced quoting system that matches your loan needs with lenders as you fill out their short, simple form. |
 |
|
Reduce Your
Mortgage with the
Lowest Rate Available ! |
| |
|
|
|
|
|
Step 2 - How do I get a Mortgage Quote from Wells Fargo?
Compare WellsFargo Mortgage Rates to Other Lenders below
Compare the rates your receive and choose the one that offers you the greatest savings. It is that simple. Plus, there is no obligation from our service as well.
Wellsfargo.com Mortgage Rates to Other Lenders are listed below-updated frequently
| Lenders |
Rates |
Points |
Refi |
Equity |
More than 1 quote |
Fast Response |
Ease of Form |
Form Length |
Tools |
Social Security |
| Wells Fargo |
6.25 |
.1 |
Yes |
Yes |
No |
Yes |
Easy |
Long |
Yes |
Yes |
| WizardofLoan |
var |
var |
Yes |
Yes |
No |
Yes |
Easy |
Short |
Yes |
No |
| Washington Mutual |
6 |
1.375 |
Yes |
Yes |
No |
Yes |
Easy |
Long |
Yes |
Yes |
| Citibank |
6 |
1.625 |
Yes |
Yes |
No |
Yes |
Easy |
Long |
Yes |
Yes |
| National City |
6.25 |
.75 |
Yes |
Yes |
No |
Yes |
Easy |
Long |
Yes |
Yes |
based on Dec 20th data for 30 Year Fixed
Key Facts and Information for Wells Fargo Mortgage Compared to Top Nationwide Lenders
Wizard of Loan Mortgage Overview
The Wizard of Loan founders began their online journey in saving consumers money back in 1995. They have helped hundreds of thousands of people like yourself save money on all of their mortgage needs.
Mortgages
Wizard of Loan offers their consumers a wide assortment of mortgages to choose from. This includes purchase, refinance, debt consolidation and home equity. By filling out a simple, online application, up to 4 mortgage lenders will fight for your business. You are in complete control of the entire process. This process is Fast, Simple, and Free. Plus, there is absolutely no obligation.
| Here is a summary of the Wizard of Loan.com Mortgage Process |
| Our loan process is Simple, Fast and Secure |
- There is no initial credit check-No Social Security number needed.
- Secure server guards your privacy
- They are a company you can trust
- Easy, Short form that can be completed within 5 minutes
- Up to 4 lenders will contact you and compete for your business
- Response within 24 hours, sometimes sooner
- Bankruptcy, Bad Credit, and prior Foreclosure is OK
- You can pre qualify usually within 24 hours-
|
| Click Here for Free Evaluation from Wizard of Loan
|
Wells Fargo
Wells Fargo is a huge financial services company headquartered in California, which is currently employing more than 134,000 people. They are currently ranked the worlds 4th largest financial institution. They provide businesses and consumers with financial services that include mortgage, banking, investments, insurance, and venture capital. AS of March 31, 2003, they managed of $370 billion dollars in assets. They have over 13.8 million banking customers and manage over 5 million credit card accounts. They are a publicly traded company with the ticker symbol WFC that trades on the New York Stock Exchange. As of close of market August 8, 2003, they had an 84.17B market capitalization, which ranks them in the top 30 of all the worlds companies. Over the past year, WFC has traded in a range between 43.27 and 53.71, closing at 50.25 on August 8, 2003. They have a powerful P/E of 14.44 as of August 8, 2003.
Countrywide.com
Angelo Mozilo and David Loeb founded Countrywide in 1969. Originally, they only offered FHA and VA loans. During the same year, they went public at under $1 a share. Currently, they trade under the ticker symbol of CFC on the New York Stock Exchange and in August 2003, they closed at $66.37 a share. Countrywide is the top independent loan lender in the United States. They currently serve over 2 million consumers through out the nation. Countrywide Mortgage is made up of their Consumer Markets Division, Wholesale Lending Division, Correspondent Lending Division, House America and Full Spectrum Lending. They current offer a huge assortment of mortgage products including fixed rate & adjustable rate single family loans, VA, FHA, jumbo loan programs, home equity line of credit, fixed rate second mortgages, and loans tailored for people with bad credit.
Chase
They are currently a part of JP Morgan and have become JP Morgan Chase & Co. Recently, they have just announced that they will also be merging with Bank One. Combined, this powerhouse in the financial services marketplace, offers their consumers investment options, consumer banking, samll business services, Auto Finance, Insurance, Home Finance, Credit Cards, Private Banking, Private Equity, and Treasury Services. They all offer their consumers a wide variety of services, many of which can be accessed online.
Mortgages that are offered by Wells Fargo compared to Top Lenders Wells Fargo Mortgages Here are some popular loans and solutions that are available when choosing Wells Fargo for a loan:
- 3% Solution Loan (only need 3% down payment, no income restrictions)
- Adjustable Rate Mortgage (lower initial rate than fixed for first few years, different terms are available including 3,5,7 and 10 years, down payment can be 5% or greater)
- Balloon Mortgage (rates are fixed for 7 years, ideal if you plan on moving in less than years, entire balance due after the 7 year period)
- Blended Jumbo ($322,700 or less, offers lower monthly payments than fixed, combination of fixed and adjustable)
- Closing Cost Saver Program (allows you to put more money towards down payment, reduces or totally eliminates closing costs, can be used with Fixed, ARM’s and balloon loans)
- FHA Loans (low down payment, easier terms for qualification, insured by the Federal Housing Authority)
- Fixed Rate Mortgage (your rates are fixed, protected from rising rates, predictable payments)
They have many other options and loans including FHA Streamline Refinance, Home Equity, VA Mortgage, Reverse Mortgages, No Money Down Programs, Jumbo Mortgages, Bridge Loans, Auto, Student and Bond Programs. To apply with Wells Fargo, simply visit www.wellsfargo.com directly. It is that simple. Countrywide.com Mortgages
They have many specialized loan programs to meet the many needs of their consumers. For their Fixed Rate Loans, they offer many programs that include 10,15,20,25, and 30-year terms, reduced rate options, no down payment loans, low down payment programs, low documentation, and one time close loans.
For their Adjustable Rate Mortgages, they offer Basic, basic with reduced rate option, fixed period ARM, and Fixed Period ARM with reduced rate option. They also offer non-coforming jumbo loans. For those people with bad credit, Full Spectrum Lending is there to help meet your mortgage needs.
Chase Mortgages Chase Manhattan offers their consumers a wide assortment of mortgages to choose from. This includes purchase, refinance, and home equity. You can check the current rates as well as getting pre qualified online. They even allow you to get a mortgage if you are buying manufactured homes. There are not many sites out their that allow you to take out that type of mortgage and we found this to be a an area many other mortgage companies neglect. They should definitely be commended on offering their consumers the total package when it comes to all types of mortgage loans. Wells Fargo Mortgage and Site Review compared to Top Lenders
Wells Fargo
The homepage is very simple but well laid out. It is not overly cluttered and every financial service you might be looking is easily accessible via their top nav bar or direct links that are featured in the center of the page. We found the load time on this site to be very fast. There is not a lot of graphics on their pages that would slow you down, even if you were on a 56K modem. As you can see from the above review and listing of services, Wells Fargo is a huge financial services company that offers many services that can be accessed and researched online. Unlike many sites that are filled with online advertising, Wells Fargo takes a higher approach and just fills their site with content. This content is comprehensive and you can spend many hours on this site going through all of their useful demos. We believe that the Home Loan Workbench mentioned above and the online demo is incredible features that are offered to the consumer. They have been created with the consumer in mind, and can significantly help you in your search for the perfect loan or the right financial service. Online innovations like this are why we would highly recommend this site to both businesses and consumers alike. Wizard of Loan rates this site a 10 out 10. Countrywide.com
Their Website design is very clean with crisp graphics and an easy to use navigational system. Their top nav bar drop down is activated when you put the mouse over the topic chosen. They also have a great color scheme that corresponds with each topic. For the Home Loan section, it is green and very sharp. There online loan process usually takes less than 10 minutes to use. They also offer a huge selection of useful calculators to assist you with your mortgage needs. Their online process is very fast and they try and take a lot of the usual lengthy paperwork out of the loan process. One feature that we found very useful is their rate finder. They allow you to find out the currently daily rates right from their Home Loans Landing page. Simply choose the loan that you are looking for, enter in the loan amount and put in your zip code to get the rate related to your needs. They also offer a rate watch service that we thought was a great tool. Compared to other leading websites, they rank near the top as far as ease of form use. This is based on a review of over 100 different lenders sites. To apply with Countrywide, simply visit them at www.countrywide.com.(link at bottom)
Chase Mortgage Through chase.com, they offer their consumers a wide array of mortgage tools that help them choose the right mortgage for their needs. This includes, calculators, resources and guides. One great tool we really liked was their online home price check search tool. This was very unique and quite helpful. They also have a wondeful section entitled Gudies and To Do's which offers their consumers many educational resources related to mortgages, moving and financing. This is one area you should check out. It is well worth your time. Another great area you should look at is within their homebuyer resources area. You can get to this area by accessing the left nav bar and clicking Homebuyer resources. Here you will find many helpful tools such as calculators and a home price check. This was another unique offering that is not found on most mortgage sites we have reviewed. Their online application worked very fast and was quite simple to use. If you get stuck, their are many options for customer service which includes a 1-800 number, and a listing of branch locations you can visit in person.
Please note, that Wizard of Loan is not in anyway affiliated with Wells Fargo. To contact Wells Fargo, simply visit their website at Wellsfargo.com The recommendations for mortgage quotes on this website is not endorsed by Wells Fargo. Wizard of Loan is a financial resource site that offers reviews of other financial companies sites and services. Our goal is to help empower the consumer so they can make the best, informed choices related to their financial decisions.
|
|
|
| |
