How Wells Fargo Home Equity Loans Work

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Wells Fargo & Company is a specialized financial services company based in San Francisco, and is a provider of insurance, mortgage, investments, banking, consumer finance catering to more than 23 million customers across the United States and a few other international countries. Wells Fargos distribution channels include 6,200 stores, the internet, and several other outlets.

Being listed as one of the United States top-40 largest private employers, Wells Fargo has $500 billion in assets, and employs about 154,000 people. In 2006, Wells Fargo was ranked fifth in assets and fourth in market value of stock, and is the no.1 prime home-equity lender in Wells Fargos banking states.

Well Fargo has three main Home Equity Loans and Home Equity Loans Lines of Credit products. These, along with general account details, include –

Home Equity Line of Credit – EquityLine with FlexAbility Account

The EquityLine with FlexAbility Account is a variable-rate HEL line of credit with which you can convert credit balances into a fixed-rate for a fixed-term. This Home Equity Line of Credit is intended for ongoing access to the equity in your home, along...

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