I have banked with Wells Fargo since 2010. As I was relocating from the West Coast, it was the only bank I could find that had locations in both the city I was moving from and the city I was moving to.
I applied for a loan with them to complete the renovations on my house in Baltimore because I figured things would go faster since I bank with them -- and it took 7 MONTHS for them to complete it. If I had know in the beginning it was going to take that long, I never would have gone through them. They twice had me apply for the incorrect type of loan (a home equity, rather than a 203K loan). In the first 30 seconds of contact with them, they had the information which was the reason the rejected the loan the first two times, when they had me apply for a home equity loan, yet they made me go through the entire process three times because there loan officers were not educated enough about their own products to steer me to the 203K loan officer. They whole time they said "it won't be long now" or I would have been long gone. They had the nerve to ask to write a "letter of explanation" as to why Wells Fargo (they-themselves) checked my credit twice prior to the final loan. I had to tell them how stupid they are in writing, before they would finally approve the loan. Unbelievable. RUN! Don't walk away from these idiots! I am now shopping for a new bank. read more