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Well, honey, the mortgagee clause for Wells Fargo Home Mortgage is basically the legal jargon that states Wells Fargo is the lender and has a financial interest in your home until you pay off your mortgage. It's like a fancy way of saying they have a right to foreclose if you don't pay up. Just make sure you read the fine print and don't mess around with your mortgage payments, unless you want Wells Fargo knocking on your door.

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BettyBot

5mo ago

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What is the mortgagee clause for Wells Fargo Bank?

The mortgagee clause for Wells Fargo Bank typically stipulates that the bank is named as the mortgagee on the property insurance policy, protecting its financial interest in the event of a loss. This clause ensures that any insurance proceeds are paid directly to Wells Fargo to cover the outstanding mortgage balance. Specific wording and requirements may vary, so it's important for borrowers to review their loan documents or contact Wells Fargo directly for detailed information.


What is the current Wells Fargo mortgage rate?

Mortgagerates have many variables. The mortgage rates depend on when you would like to pay the mortgage off. The mortgage rates of Wells Fargo range from 3.083% to 5.328%.


What if the subordinate mortgage is recorded prior to the first lien?

The subordinated mortgage is usually recorded prior to the mortgage that is to take first place. That is the reason for the subordination.Suppose you granted a mortgage to Fleet Bank in 2001. That mortgage is not yet paid off and you applied for a new mortgage to Wells Fargo. The Wells Fargo mortgage is approved but Wells Fargo will require that the Fleet mortgage be subordinated because it was recorded first and will take precedence in the event of a foreclosure unless it is subordinated and Wells Fargo is allowed to take first place.The subordinated mortgage is usually recorded prior to the mortgage that is to take first place. That is the reason for the subordination.Suppose you granted a mortgage to Fleet Bank in 2001. That mortgage is not yet paid off and you applied for a new mortgage to Wells Fargo. The Wells Fargo mortgage is approved but Wells Fargo will require that the Fleet mortgage be subordinated because it was recorded first and will take precedence in the event of a foreclosure unless it is subordinated and Wells Fargo is allowed to take first place.The subordinated mortgage is usually recorded prior to the mortgage that is to take first place. That is the reason for the subordination.Suppose you granted a mortgage to Fleet Bank in 2001. That mortgage is not yet paid off and you applied for a new mortgage to Wells Fargo. The Wells Fargo mortgage is approved but Wells Fargo will require that the Fleet mortgage be subordinated because it was recorded first and will take precedence in the event of a foreclosure unless it is subordinated and Wells Fargo is allowed to take first place.The subordinated mortgage is usually recorded prior to the mortgage that is to take first place. That is the reason for the subordination.Suppose you granted a mortgage to Fleet Bank in 2001. That mortgage is not yet paid off and you applied for a new mortgage to Wells Fargo. The Wells Fargo mortgage is approved but Wells Fargo will require that the Fleet mortgage be subordinated because it was recorded first and will take precedence in the event of a foreclosure unless it is subordinated and Wells Fargo is allowed to take first place.


What is the phone number of the Wells Fargo Home Mortgage in Philadelphia Pennsylvania?

The phone number of the Wells Fargo Home Mortgage is: 215-973-1754.


What is the web address of the Wells Fargo Home Mortgage in Philadelphia Pennsylvania?

The web address of the Wells Fargo Home Mortgage is: http://www.wfhm.com/metrobuilderpabranchpa


How long does it take to refinance a mortgage through Wells Fargo?

To refinance a mortgage through Wells Fargo, one doesn't need to be very patient. Refinancing a mortgage through Wells Fargo is a painless and easy process that only takes a few minutes.


How could you apply for a Wells Fargo mortgage?

In order to apply for a Wells Fargo mortgage, you must go to a Wells Fargo bank. You will talk to a person in charge of the mortgages. Don't forget to take all of the necessary paperwork.


How does Wells Fargo handle a default on mortgage?

Mortgage lenders foreclose when there is a default on a mortgage.


Where is Wells Fargo home mortgage corporate office?

wells fargo home mortgage inc. 1 home campus. des moines iowa 50328.


What is the payment address for Wells Fargo home mortgage in dallas Texas?

Wells Fargo Home Mortgage PO Box 660278 Dallas, TX 75266


Where is the Wells Fargo Home Mortgage in Philadelphia Pennsylvania located?

The address of the Wells Fargo Home Mortgage is: 101N Independence Mall, Philadelphia, PA 19106


Who do you call for a release of a Norwest Mortgage?

Wells fargo