Products and Programs

Wells Fargo offers one of the most extensive sets of financing options in the industry, including a variety of special loans and programs to help you meet more homebuyer needs. Our strategic relationships allow us to provide special benefits to eligible members of qualifying groups. From low-down-payment options to Wells Fargo exclusive programs, such as the Union Plus® Mortgage program, you can be confident that your buyers have options that meet their needs.

Jumbo loan options

We are a leading jumbo mortgage lender with lending capability in all 50 states. Jumbo loans allow qualified buyers to finance loan amounts above maximum conforming limits, helping them take advantage of today's home prices and low interest rates. Consider our jumbo loans for your homebuyers in higher-priced housing markets, including those who have a goal of purchasing a second home, resort condo, or rental property.

Jumbo loan amounts are typically available with a variety of terms, options, and benefits:

  • Fixed- and adjustable-rate loans and short-term loans at very competitive interest rates.
  • Loan amounts up to 6,000,000 or higher on single family housing, co-ops, and condominiums.
  • After making a lump-sum principal reduction of $20,000 or more 90 days after closing, buyers may be eligible to reduce their monthly mortgage payments by recasting, or re-amortizing, the loan. Recasting a loan means recalculating the monthly principal-and-interest payment - using the reduced principal balance and the then-current interest rate - over the remaining mortgage term. Borrowers will have a lower monthly mortgage payment, but may pay more interest over the full mortgage term than by making a principal reduction without using the recast option.
  • Buyers can purchase with cash up-front and may be eligible to apply for a mortgage within 90 days of purchase.
  • Expanded credit, debt, and loan-to-value guidelines for qualified customers.
  • An Asset-Based Relationship Discount lowers the interest rate on jumbo loans for customers, based on your eligible assets with Wells Fargo. 
  • Portfolio lending services.

Contact your local home mortgage consultant to learn more.

Options for affluent buyers

Our exclusive Private Mortgage Banking division serves affluent homebuyers with complex income or asset situations, offering:

  • Competitive financing options for primary, second, vacation, and investment properties with financing up to $6 million.
  • A dedicated customer service line exclusive to Private Mortgage Banking clients.
  • Local market experience to help affluent clients find options that complement their wealth-building strategies.

Show your clients that you are dedicated to supporting their specific situations.

Contact your local home mortgage consultant to learn more.

Low down payment options

Wells Fargo Home Mortgage provides a variety of programs that allow for low-and-no-down payments, and other features to help more homebuyers achieve homeownership.

Low 3% down payments

With Wells Fargo, you may be eligible for a conventional fixed-rate mortgage with a down payment as low as 3% that may also be combined with gift funds and down payment assistance programs.

Talk with a me about loan amount, type of loan, property type, income, first-time homebuyer, and homebuyer education requirements to ensure eligibility.

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. I'll explain the options available, so you can choose what works for you.

FHA loans

FHA loans are available in a variety of fixed-rate and adjustable-rate options, and have down payment options as low as 3.5%. FHA loans have the benefit of a low down payment, but your homebuyers will want to consider all costs involved, including upfront and long-term mortgage insurance and all fees. Be certain to ask your home mortgage consultant to help your buyers compare the overall costs of all their home financing options.

VA loans

VA loans offer low- and no-down-payment options for veterans and other borrowers who meet the eligibility requirements of the VA program.

Learn more

Financing for newly constructed homes

With one of the most extensive product offerings in the industry, along with programs for newly constructed homes, we strive to consistently meet more of your buyers' needs. Our local home mortgage consultants and dedicated support teams stand ready to work with you and your buyers every step of the way.

Our popular Builder Lock OptionsSM allow homebuyers to lock in an interest rate range on new homes.

Condominium financing

Condominium financing can be a confusing topic for developers, sales professionals, and borrowers alike. We stand committed to helping all navigate the complexities of condominium financing.

Fixed-rate and adjustable-rate mortgages


New applications for conforming adjustable-rate mortgages have been suspended temporarily. Talk to your home mortgage consultant about your loan options.

Fixed-rate and adjustable-rate mortgages are two of the most popular loan types. Both options are available for conventional conforming loan amounts, jumbo (non-conforming) loan amounts, and FHA or VA programs.

Fixed-rate mortgage

A fixed-rate mortgage carries the same interest rate and monthly principal and interest payments for the life of the loan, which protects your homebuyers from rising interest rates and allows them to budget their monthly mortgage payments more easily. This loan type may be a good choice for your buyers who plan to stay in their homes for a long time.

Adjustable-rate mortgage

An adjustable-rate mortgage (ARM) has the same interest rate and principal and interest payments a defined initial period, then adjusts periodically when that initial period is over. Typically, ARMs have a lower initial interest rate than fixed-rate mortgages. After the initial fixed period, your buyer's rates and payments may increase. This loan type may be a good option for your buyers who plan to move or are comfortable with the potential of an increased principal and interest payment.

Union Plus® Mortgage program

Home financing for union families

Active and retired members of participating labor unions, their parents, and their children may be able to take advantage of special benefits through the Union Plus® Mortgage program, with financing provided by Wells Fargo Home Mortgage. According to the Bureau of Labor Statistics, there are millions of active members today.

Show your clients the benefits of the Union Plus® Mortgage program

  • $500 award for buying a home. When members, their parents, and their children finance their home with Wells Fargo Home Mortgage, verify their union membership and and mention their eligibility, they are eligible for a special My Mortgage GiftSM award after closing — for use at participating retailers.
  • Mortgage payment assistance. Union Plus provides grants and interest-free mortgage assistance loans to eligible borrowers in the event of an unexpected loss of income — and the first $1,000 doesn't need to be repaid.

Military and Veteran Home Lending

We appreciate the commitment of our nation's military personnel and their families. We're committed to providing financing options that meet the unique needs of the military and veteran community.

Buyer eligibility includes:

  • Active duty personnel, reservists, veterans, members of the National Guard, or Department of Defense civilian employees
  • VA eligibility
  • PCS related moves

As a leading VA lender it is an honor to serve those who serve.  Talk to your local home mortgage consultant for eligibility details.

The Relocation Mortgage Program®

When a career move means moving to a new home, The Relocation Mortgage Program® provides convenient relocation benefits. As the premier provider of national relocation mortgage services with more than 30 years of relocation experience, we have the home financing options, tools, and resources transferees need to help them relocate quickly and efficiently.

Your buyers may be eligible if they are:

  • Looking for a primary residence
  • Relocating at their employer's request
  • Moving at least 35 miles away from their current home

Corporate Mortgage Benefit Program

Provide extra benefits to millions of homebuyers

Millions of employees across many of America's largest corporations are eligible for benefits when they buy or refinance with Wells Fargo, including a special My Mortgage GiftSM award after closing when they mention their eligibility — $500 for buying a home, or $300 for refinancing.  Ask your local home mortgage consultant for details about participating employers.

Conventional conforming mortgage 

A mortgage that is not obtained under a government program (FHA or VA) and satisfies the underwriting guidelines and loan limits set by Fannie Mae or Freddie Mac.