Minnesota Homeowners Refinance Their Mortgage

Wells Fargo Financial began operations in Minnesota in 1946 and proudly serves the state today. If you live in Minnesota, you may find Wells Fargo Financial located in areas such as Duluth, Rochester and St. Cloud, plus many offices located throughout th e Twin Cities metropolitan area.

For a complete listing of Minnesota locations, you may use the convenient, online store locator.

Refinance Your Mortgage

You worked hard for your home. Now, as a homeowner in Minnesota, your home might be able to work for you.

How? With a mortgage refinance which simply means applying for a new home loan to pay off your current home loan.

Why would you consider this?

Because, the advantages of refinancing your mortgage may provide you with:

• improved terms of your current home loan.
• an opportunity to convert an ARM to a fixed-rate mortgage.
• a way to tap into your home's equity and get cash out.
• a chance to consolidate other higher-interest rate loans with the equity you've accumulated.
• simpler monthly finances.

Consolidate Your Bills

Another way your home can work for you–bill consolidation.

That simply means rolling outstanding high-interest accounts together into a new loan. The proceeds from your new loan pay off your current balances, and when those are paid, you end up with your new loan and fewer bills to manage.

You could put the equity of your home to work for you if you have equity in your home from:

• a down payment when you purchased your home.
• rising property value.
• making steady mortgage payments.

If you have debt to consolidate or have a major project on the horizon, now may be the time to consider a debt consolidation loan.

There's no obligation to find out how a debt consolidation loan from Wells Fargo Financial could change your financial picture. Find the Wells Fargo Financial office nearest you or call toll-free 1-800-945-8934 for your evaluation.

In addition to our locations across Minnesota, you can conveniently apply online to refinance your mortgage or consolidate debt.