#1
29th April 2016, 02:21 PM
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Wells Fargo SCRA
Can you provide me the details about the Servicemembers Civil Relief Act (SCRA) Commitments - Wells Fargo Dealer Services?
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#2
29th April 2016, 02:22 PM
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Re: Wells Fargo SCRA
Wells Fargo believe in vision and values just as strongly today as did the first time it put them on paper more than 20 years ago. Staying true will guide toward continued growth and success for decades to come. Wells Fargo SCRA The Servicemembers Civil Relief Act (SCRA) may offer protection or relief to members of the military, their spouses, partners, and dependents. Wells Fargo appreciates the service of America's military personnel. That's why we offer expanded mortgage benefits that go beyond what the SCRA requires. SCRA benefits With SCRA benefits you may receive: Foreclosure protection. Fee protection. A special loan modification program for those facing financial challenges. A reduced mortgage interest rate without fees or refinancing: o 6% interest rate on SCRA eligible loans that are serviced, but not owned, by Wells Fargo. o 4% interest rate on SCRA eligible loans that are serviced and owned by Wells Fargo. These benefits last for 12 months after the end of Active Duty Orders. Expanded benefits In addition to the benefits offered under SCRA, Wells Fargo helps servicemembers by: Providing mortgage assistance to those who can't keep up with payments. Applying foreclosure protection if servicemembers are deployed in a hazardous area or deployed internationally in readiness for military action. Eligibility If you are an active duty member of the military, including the Reserves or National Guard, and your loan was originated prior to your active duty date, you may be eligible for benefits. SCRA commitments - Wells Fargo Dealer Services |