Paying your mortgage on time each month is crucial to maintaining your credit score and keeping your home. Wells Fargo offers several convenient options to pay your mortgage bill online or through other methods. In this article, I’ll walk through the various ways Wells Fargo customers can pay their mortgage bill and highlight some tips for ensuring timely payments.
Overview of Wells Fargo Mortgage Payment Options
Wells Fargo offers the following options for mortgage customers to pay their monthly bill
- Online through Wells Fargo Online
- By phone
- In person at a Wells Fargo branch
- By mail
The online payment system through Wells Fargo Online provides the most convenience and ability to manage your mortgage account, Paying by phone also allows you to make a payment 24/7 Visiting a branch or mailing a check are older methods that some customers still prefer
Let’s explore each of these payment options in more detail
Pay Online Through Wells Fargo Online
The easiest way for most people to pay their Wells Fargo mortgage is through the bank’s website. After signing into your Wells Fargo Online account, you can make a one-time payment or set up recurring payments to be made automatically each month.
You can pay directly from your Wells Fargo checking or savings account online. There is also an option to pay by debit card or another external bank account for a small fee.
When paying online, you can:
- View your full mortgage statement
- Check your payment history
- Set up email alerts and reminders
- Manage escrow accounts
- And more
Online payments offer speed and convenience for your mortgage payment. As soon as you submit payment, the funds are immediately debited from your account.
Pay By Phone
In addition to the website, Wells Fargo offers a dedicated phone number for mortgage payments. To make a payment by phone:
- Call 1-800-357-6675 for mortgage payments
- Call 1-866-820-9199 for home equity loan payments
The automated phone system is available 24/7. You’ll need to enter your full account number and other verification details. Like online payments, the funds are debited from your account right away when paying by phone.
Pay In Person
You can also go to any Wells Fargo branch and make your mortgage payment in person. A teller can accept cash or check payments. You’ll just need to provide your account details.
Visiting a branch used to be the primary way customers paid their mortgage before online banking. It still remains an option for those who prefer in-person service.
Pay By Mail
The final way to pay your Wells Fargo mortgage is mailing in a physical check or money order. This is an old-fashioned method but some people still use it if they don’t want to deal with technology or go to a bank branch.
To pay by mail, make the check out to Wells Fargo Home Mortgage and include your full account number on the check memo line. Send your payment at least 5-7 business days before it is due to ensure it’s received on time.
Tips for Paying Your Mortgage on Time
Here are some tips to ensure your Wells Fargo mortgage payments are made on time every month:
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Set up automatic payments through Wells Fargo Online to have your payment deducted from your checking account on the same day each month. This guarantees the payment won’t be forgotten or late.
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If you pay manually, schedule email or text alerts through your online account to remind you when a payment is due.
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Avoid waiting until the actual due date, especially when paying by mail. Send the check at least 1 week early.
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Sign up for Wells Fargo’s overdraft protection to cover payments if your checking account balance is unexpectedly low when the payment is processed. A small fee applies but it’s less costly than a late mortgage payment.
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Contact Wells Fargo immediately if you are struggling to make payments due to financial hardship. They may be able to offer assistance or modify your loan terms. It’s important to be proactive.
Wells Fargo offers their mortgage customers many payment options including online, phone, in person, and mail. Paying through Wells Fargo Online provides the most convenience and account management capabilities. Setting up automatic payments is recommended to avoid ever missing a mortgage payment due date. Reach out for help from Wells Fargo if you are having trouble making payments so you can avoid damage to your credit or foreclosure.
How do I make payments by mail?
You can mail your payments to the payment address listed in the important information box in your welcome letter. Please note:
- When you make your payments by check, Wells Fargo Bank, N.A. will clear the check electronically.
- Receipt of your check authorizes us to process your payment as an electronic debit. When this occurs, your payment appears on your bank statement as an electronic withdrawal, showing the date of the withdrawal, check number, and “WFHM Mortgage Check Payment” as the payee.
- The check is destroyed and not returned to your bank.
Please note: We do not provide coupon books.
Did you know?
You can enroll in Wells Fargo Online at no additional cost, and schedule one-time and recurring payments. You can enroll when your account information is available in our system, which is typically 4 to 7 business days after your transfer date. Please refer to your welcome letter to see when your account information will be available.
After you enroll, you’ll be able to manage your mortgage account online.
Want to enroll? You can enroll by completing a brief, one-time enrollment process after your account is online.
Already enrolled? Sign on with your existing Wells Fargo username and password.
Will my escrow account transfer to Wells Fargo Home Mortgage?Yes. Your escrow account will transfer to us, along with your mortgage loan, on your transfer date.
We collect funds in an escrow account to pay:
- Real estate taxes
- Premiums for insurance required to protect the property, such as homeowners insurance and flood insurance
We do not collect funds in an escrow account to pay:
- Interim tax bills
- Homeowners association fees
- Premiums for non-required insurance policies, such as separate personal property insurance
- Special or added tax assessments
- Other fees that are not included in your real estate tax bill
- Supplemental tax bills, except in California
✅ How To Set Up Wells Fargo Bill Pay
FAQ
Can I pay my Wells Fargo mortgage over the phone?
How do I pay Wells Fargo by phone?
Can I pay my mortgage over the phone?
Can I do online Bill Pay for Wells Fargo?
How do I send a mortgage payment to Wells Fargo?
Another option is to sign up for Wells Fargo Online statements. This allows customers to print a copy of their payment coupon from their online account. That payment coupon will contain the correct mailing address to which you can send your mortgage payment.
Can I cancel my Wells Fargo mortgage payment online?
You can cancel payments online. To temporarily stop payments or make other Yes. Fill out and sign this form. Fax to: 1-866-287-6241 Or mail to: Wells Fargo Home Mortgage PO Box 10335 Des Moines, Iowa 50306 Sign on to your mortgage account using the Wells Fargo Mobile® app or at wellsfargo.com. Call us at 1-866-386-8519. Note:
Can I pay my Wells Fargo mortgage online?
Absolutely, and Wells Fargo makes the process a breeze. To pay your Wells Fargo mortgage online you’ll need to enroll in Wells Fargo Online using your Social Security Number and your account number. After your account is set up, you can sign in and select the Wells Fargo account you want to transfer the money from.
Does Wells Fargo offer a low down payment mortgage?
Wells Fargo offers several low down payment options, including conventional loans (those not backed by a government agency). Keep in mind that with a low down payment mortgage insurance will be required, which increases the cost of the loan and will increase your monthly payment.
What time does Wells Fargo accept mortgage payments?
Although this Wells Fargo mortgage payment phone number is automated for accepting payments around the clock, customers can also speak to a representative for help if they call Monday through Friday between 6 a.m. and 10 p.m. Central Time and Saturday between 8 a.m. and 2 p.m. Central Time. Wells Fargo is generally closed on Sundays.
How do I get a Wells Fargo loan?
Enroll in Wells Fargo Online ® Call 1-800-357-6675. Call 1-866-820-9199. Find a local Wells Fargo branch near you. Find a location Financial hardship? We’re here to help if you’re having trouble making payments. See your options Feel more at home with your home loan, using your personalized mortgage dashboard.