Wells Fargo Adjustable-Rate Mortgage (ARM)

Mortgage loan to buy a first or second residence, as well as to be able to refinance your current mortgage to improve the conditions. The interest rate is adjustable (ARM), with a first period with a fixed rate that can be 5, 7 or 10 years.

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For financiate: Main or vacational residence
Destiny: Purchase or refinance


Interest: First years fixed-rate and the rest adjustable: SOFR + margin
APR: 5.56%


Minimum of years: 30 years
Maximum years: 30 years
Minimum financing: $ 10,000
Maximum funding: $ 2,000,000
Maximum percentage: 80%


Investigation commission: Consult
Opening commission: Consult
Commission for advance payment: Consult
Commission for surrogacy: Consult

More information of Adjustable-Rate Mortgage (ARM)

Wells Fargo MortgagesWells Fargo offers the possibility of requesting mortgage loans with a fixed or variable rate, an option that you can choose after performing a simulation on its website.

Depending on the amount indicated, the amount of the down payment, your credit rating, the state and city where you reside, the annual amount of home insurance and property tax, the bank will offer you a series of alternatives.

Within the adjustable-rate mortgages, the entity can offer you the option with the first 5 years at a fixed rate (5y/6m ARM), with the first 7 at a fixed rate (7y/6m ARM) or the first 10 (10y/6m ARM) The return period will always be 30 years, although you can always advance the amount of money you want to reduce the installment or the term.

With Wells Fargo you can also have a mortgage with a fixed interest rate of between 15 and 30 years, with which you will always pay the same.

In addition, with Busconómico you can consult and compare other adjustable-rate mortgages to buy a house or refinance, such as those offered by Bank of America or those of Chase Bank.

Español: Hipoteca variable de Wells Fargo