Wells Fargo & Company Mortgage Complaint

Conventional fixed mortgage Credit decision / Underwriting

Wells Fargo & Company Mortgage department,

Conventional fixed mortgage Credit decision / Underwriting Wisconsin

i was approved for a loan by wells Fargo for the amount of - to purchase a home from my uncle they needed a signed gift of equity letter but my uncle refused to sign it then the bank said they would have to issue a loan differently - set up a loan with - percent down and a escrow account 2 weeks before closing he said the underwriter needed - percent down of which i did not have then he recommended rerunning my credit score without telling me if it was lower he would not provide the loan nothing change on my credit score as far as i knew except some bills were removed from collections as i have paid them off then he said my score was a - but when i checked it was a - so he declined to give me the loan he sent me to a credit union for twice the interest but too late for the closing now my uncle terminated the offer to purchase i wish to sue wells Fargo for the loan amount to find another home as i believe they discriminated against me

Wells Fargo & Company customer in Wisconsin
Jun 24, 2016

* Source: CFPB Complaint Database

Wells Fargo & Company response to complaint:
Closed with monetary relief

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