If you are looking to buy a house, a couple of Mortgage lenders are more reliable Wells Fargo and Chase. This paper compares the two lenders so you can select the best mortgage for your banking needs. Both Wells Fargo and Chase offer guides to home ownership. Wells Fargo has a comprehensive guide to the method in place. This guide covers everything from finding your dream home in the closure. Wells Fargo site also offers a wealth of online tools such as surveillance programs prices, benefits calculators, and pre-approval. These loans can pay higher interest rates. Wells Fargo has two other advantages.
Chase Mortgage - First, they offer flexible dates. You can create a payment plan, as agreed at that you get paid and get your payments automatically taken from your account. Finally, Wells Fargo also provides additional funding for housing construction and renovation of your new property. Conversely, Chase seems to target the rapidly closing, when you buy a new home. They offer a program called closing cost advantage. But there is an application fee of $ 395 and an assortment of other fees are not covered by this program. Chase also ensures a quick closing. This program applies only to purchases of mortgage loans, there is no guarantee of time of refinancing your mortgage.
If you need to enroll in this program, you must submit your loan application with all necessary documents 30 days before the closing date. You must meet the underwriting conditions of your loan as soon as practicable date, and sign a form to add a show that has an interest in this program. Finally, Chase offers a service called Home Connect, aimed at the whole process less complicated. If you have a wonderful credit and are provided in the purchase process, Chase could be the company for you, as they accelerate the process of closing. However, Wells Fargo offers more options for most first time buyers and those with less than stellar credit history.