When I went to my nearby Wells Fargo Bank to deposit my first unemployment check, the teller began asking me questions. I explained I was laid off from my job. She painted a very bright picture for me andtoldme Wells Fargocould help alleviate some financial stress during this challenging time. I was interested. I later received a phone call from EricaBrooks at 970-377-4859. Elainetold me about a government program calledHARPwhereI could refinance to a lower interest rate without anyincome or employment verification or contingency. With my good credit score, I was pleased for the opportunity to refinance to a lower interest rate and save a couple hundred dollars each month toward getting back on my feet, all without income and employment verifications andcontingencies. Imet with Elaine in person where she proceeded to complete a mortgage application. She informed me everything would be fine and then asked for a substantialapplication fee of $375. I was hesitent and she assured me thatall would be fine and it was a nominal investment toward a wonderful savings. I gave her the money. After several weeks passed of not hearing from her, I received a notice in the mail from an underwriting firm that blunlty statedmy application was declineddue too much debt to income. Now I was out $375with no further hope of refinance. I was devistated. My time and money was wasted. I received no phone call or any further contact from Elaine or anyone else at Wells Fargo Bank or Wells Fargo Home Mortage. I haveheard a very similiar story from other friends and co-workers in Fort Collins. I will never Bank with Wells Fargo or initiate a new Home Mortgage with Wells Fargo Home Mortgage again and would strongly advise others, if theyvalue their time and hard earned money, avoidanything to do with Wells Fargo Bank and Home Mortgage.
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