USER REVIEWS (CalvinAZ)
Wells Fargo Mortgage
I started a refinance on a property in June of 2009. As of November 21, the process is still in place. This is a $38, 000 refinance for a loan Wells Fargo already services. My credit rating is over 800 and I have banked with the same account at Wells Fargo for over 38 years. The first month there was not action at all. After two months I was asked for more details and told it was about to close. I was then asked for information on the HOA. I submitted that information to Wells Fargo. A month later Wells Fargo said they provided the wrong form... read full review »
Wells Fargo Mortgage
I started a refinance on a property in June of 2008. As of November 21, the process is still in place. This is a $38, 000 refinance for a loan Wells Fargo already services. My credit rating is over 800 and I have banked with the same account at Wells Fargo for over 38 years. The first month there was not action at all. After two months I was asked for more details and told it was about to close. I was then asked for information on the HOA. I submitted that information to Wells Fargo. A month later Wells Fargo said they provided the wrong form... read full review »
Fannie Mae
My lender told me they could not approve my mortgage for a new home (Nov 2009) because even though I have over an 800 credit rating, no late payments and fully quality in every way, Fannie Mae has just put in place a policy where they will not buy loans if a credit reports shows the borrower has disputed something on their credit --- even if the credit is perfect. (Conventional loan)
Sent an email to Fannie Mae to verify and there response is that they have no control over the lender approval process. I replied back that the lending... read full review »
Wells Fargo Credit
Many years ago (at least 8 years ago) I disputed something on my credit with Wells Fargo. It was corrected. I have an over 800 credit score and no late payments with any creditor on my credit report. However, Wells Fargo left that I once disputed something on my credit report. When going for a new mortgage this month, the underwriter said they could not approve the loan because starting in November 2009 Fannie Mae and Freddie Mac will not buy loans if the credit report has a dispute on it, even if there a no late payments or you score is well... read full review »
Wells Fargo Mortgage
I started a refinance on a property in June of 2008. As of November 21, the process is still in place. This is a $38, 000 refinance for a loan Wells Fargo already services. My credit rating is over 800 and I have banked with the same account at Wells Fargo for over 38 years. The first month there was not action at all. After two months I was asked for more details and told it was about to close. I was then asked for information on the HOA. I submitted that information to Wells Fargo. A month later Wells Fargo said they provided the wrong form... read full review »
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