From Renter to Owner: Buying Your First Home!
Getting a new home or your first new home is exciting! You get to choose your own paint colors, get a pet and even grill with your neighbors. As a union member, Wells Fargo Home Mortgage Company can help first-time homebuyers like you find home financing that supports your homeownership goals.
Wells Fargo Home Mortgage Company has programs and services that may help you overcome common first-time homebuyer obstacles, such as a modest income, limited credit history, or limited funds for a down payment.
Buy a home with little to no money down
Wells Fargo has several loan programs that provide flexible income qualifying guidelines, and low down payment and out-of-pocket costs:
- yourFirst Mortgage® could help you become a homeowners with as little as 3% down payment on a conventional fixed-rate mortgage
- FHA and VA loans — Most low down payment programs require mortgage insurance, which will increase your monthly payment and the cost of the loan. Talk to a consultant about loan amount, type of loan, and property type eligibility.
Get dedicated support
Wells Fargo has dedicated home mortgage consultants, who knows your local area and can provide you with one-on-one guidance and help you understand how different loan programs work, so you can make informed decisions.
Enjoy convenient tools and resources
Learn about the financing process by watching educational videos and using shopping tools and calculators found on the Wells Fargo website. Plus, you can track your loan’s progress from a computer, smartphone, or tablet with yourLoanTracker℠.
Learn more about Wells Fargo Home Mortgage
Wells Fargo Home Mortgage has a services agreement with Union Privilege in which Union Privilege receives a financial benefit for providing agreed-upon services. Wells Fargo Home Mortgage encourages you to shop around to ensure you receive the services and loan terms that fit your home financing needs.
Home equity financing does not qualify for the benefits of this program.
Information is accurate as of date of distribution. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2020 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801 AP5186779.
