Eligibility Requirements:
- Must be at least 18 years old
- Stable income required
- Valid ID and proof of residence
- May require first-time homebuyer education
- Minimum credit score varies by loan type
Loan application steps:
- Use the calculator to estimate how much you can borrow
- Get pre-approved online
- Search for homes within your budget
- Fill out the application form
- Wait for review and final approval
- Finalize with inspection and document signing
Frequently Asked Questions
How long does it take to get approved for a Wells Fargo loan?
Typically, approval takes a few days after submitting all documentation.
Is it required to explain why the credit is being used?
Yes. For mortgages, the purpose is clear—home purchase.
Do I need a good credit score to be approved?
Depends on the product. Some options are flexible, others have minimum score requirements.
Can I apply if I am self-employed?
Yes, but you’ll need consistent income proof over the past few years.