Debt Consolidation and Mortgage Refinance Options For Virginia Homeowners

In 1958, Wells Fargo Financial introduced business in Virginia. For more than 50 years, we have proudly offered Virginia residents a variety of financial opportunities.

Currently Wells Fargo Financial operates in more than 10 locations including Alexandria, Richmond, Norfolk and Williamsburg. Use our convenient, online store locator to find a complete list of locations throughout Virginia.

When To Consolidate Your Bills

Taking a close look at your outstanding credit accounts will help you determine if bill consolidation is the right option for you.

When you consolidate bills, multiple debts are combined into one loan with one payment. There may be substantial benefits to consolidating higher-interest accounts. For instance:

• You don't have to juggle as many bills.
• Choosing a bill consolidation loan with a lower interest rate may allow you to pay your accounts off faster and pay less interest overall.
• Combining outstanding accounts into one loan may mean a lower overall monthly payment.

If you have equity in your home from a down payment when you purchased your home, rising property value or making steady mortgage payments, you could use the available equity in your home to consolidate your bills.

Consider your financial picture. If you have debt to consolidate, now may be the time to consider a may be the time to consider a debt consolidation loan. Visit your local Wells Fargo Financial store or call 1-800-945-8934 for a free evaluation.

Refinancing Your Mortgage

You're the only one who knows your financial picture; however, you took the first step in securing your financial future by investing in your Virginia home.

Refinancing your mortgage, which simply means applying for a new home loan to pay off your current one, may make sense for some people. Consider your situation and answer these questions to determine if a mortgage refinance may be right for you.

• Would you like to improve the terms of your current home loan?
• Do you want to convert an adjustable-rate mortgage (ARM) to a fixed-rate mortgage?
• Do you have home equity to use for consolidating other higher-interest rate loans?
• Would you enjoy simpler monthly bill management?
• Could you tap into your home's equity and access cash?

There's no obligation to find out how refinancing your mortgage with 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 free evaluation.

In addition to our more than 10 locations throughout Virginia, you can also conveniently apply online to refinance your mortgage or consolidate your outstanding debt.