Jenny T., Other/Just Looking in New Mexico

wellsfargo bank

Asked by Jenny T., New Mexico Thu Sep 26, 2013

This question was asked from http://www.trulia.com/rental/3131025122-921-Sirocco-Dr-B-Aus…

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6
Sonia Roberts’ answer
Just had them give an individual a pre-qual, he was using Wells fargo because of a relo package he had with his firm. Then a few days before he is supposed to close they inform him that they will not be able to make the loan, based on a hobby that showed up on his tax returns, tax returns that were in their possession from day 3.
he lost his 2k earnest money and all they could say was sorry.
So choose your lender carefully. If you are working with a Realtor find out who is on their team-that lender is there because they follow-through.
Good Luck to you since this was a guess of the question. Plus, I did want to vent for the client.
0 votes Thank Flag Link Thu Sep 26, 2013
No, don't do Wells Fargo.
No, don't do Bank of America.
No, don't do Chase.
No, don't do Citi.
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Call a mortgage broker.
Or use http://www.BankingGrades.com to locale a lender who invests in the community through small busienss and home loans. The previously mentioned banks are ALL in the business of selling your mortage to FAnnie and Freddie, NOT INVESTING IN THE COMMUNITY.
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Your desire to buy a home is but a tertiary concern to these banks and can prove costly to you.

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041
1 vote Thank Flag Link Fri Sep 27, 2013
What about Wells Fargo Bank?

Susie Kay, Realtor®
GRI, CHMS, SFR
Residential/Commercial/Investment
English-Indonesian-Hokkien
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net

http://www.dfwdreamhomes.net

Servicing your real estate need is my priority!
0 votes Thank Flag Link Tue Oct 1, 2013
What about Wells Fargo Bank?

Susie Kay, Realtor®
GRI, CHMS, SFR
Residential/Commercial/Investment
English-Indonesian-Hokkien
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net

http://www.dfwdreamhomes.net

Servicing your real estate need is my priority!
0 votes Thank Flag Link Tue Oct 1, 2013
All banks presently are more complicated than many mortgage brokers. Banks are more severely regulated and have a more difficult process in getting loans approved and closed.
0 votes Thank Flag Link Fri Sep 27, 2013
What is your question regarding Wellsfargo Bank?
0 votes Thank Flag Link Thu Sep 26, 2013
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