The apr for a wells fargo home equity line of credit is variable and based on the highest prime rate published in the western edition of the wall street journal money rates table called the index plus a margin.
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New wells fargo home equity accounts are subject to credit qualification income verification and collateral evaluation.
The apr for a wells fargo home equity line of credit is variable and based on the highest prime rate published in the western edition of the wall street journal money rates table called the index plus a margin.
For example if your home is worth 200 000 and your mortgage balance is 120 000 that means you have 80 000 in total equity.
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You may be able to borrow up to 40 000 of that equity before reaching 80 of your home s value.
Complete an online application to qualify.
The index as of the last change date of march 16 2020 is 3 25.
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Enter your username and password to securely view and manage your wells fargo accounts online.
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To qualify for a customer relationship discount you must maintain a qualifying wells fargo consumer checking account and make automatic payments to your home equity line of credit from any deposit account.
Wells fargo one of the largest home lenders in the u s said it it stepping away from the market for home equity lines of credit because of uncertainty tied to the coronavirus pandemic.
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The index as of the last change date of march 16 2020 is 3 25.