How to Apply for a Wells Fargo Home Equity Loan Online

A home equity loan from Wells Fargo will allow you to consolidate your bills, make home improvements or refinance your home. If you are 18 or older, you may apply for a loan and borrow up to 125 percent of your home’s value. Applying for a Wells Fargo home equity mortgage loan online is very simple and quick.

Instructions

Difficulty: Easy

Things You’ll Need:

• Personal identification data
• Income and employment documentation
• Home mortgage information
• Access to the Internet

Submitting the Loan Application

1. Gather personal information including contact information, social security number, current employment data, bank statements and mortgage information.
2. Visit the Wells Fargo loan application Web site.
3. Complete and submit the online loan application.
4. Wait for approval. It will only take a few seconds.

Discussing Loan Options

5. Discuss your application by phone with a Wells Fargo representative. He or she will call you within two business days after you submit your application. At this time, the representative will discuss options with you based on the specific situation for securing your home equity loan.
6. Supply additional documentation prior to closing as requested by your Wells Fargo representative.
   

Starting Over

7. If your application does not meet the requirements for approval, you will receive a notification in the mail that your home equity loan has been denied.
8. Build up more equity and apply for a new Wells Fargo home equity loan at a later date.

Tips & Warnings

• In order to apply for a Wells Fargo home equity loan, you must be a United States resident and have a consistent source of income.
• Apply for your home equity loan during normal business hours, or your application will not be processed until the next business day.
• If technical problems interrupt your application submittal, simply try again later or call Wells Fargo customer service at 866-820-9199.