Where to send your Wells Fargo mortgage payment

Wells Fargo accepts mortgage payments through several channels, and the method you choose depends on how quickly you need the payment to post and whether you prefer online, phone, or mail. The fastest way is through your Wells Fargo online account or mobile app, where payments post within one business day. You can also pay by phone by calling the number on your mortgage statement, set up automatic payments from a bank account, or mail a check to the address printed on your bill.

If you pay by mail, allow 7 to 10 business days for the payment to reach Wells Fargo and post to your account. The mailing address appears on your monthly statement. Never send cash through the mail. If you are paying late or catching up on a missed payment, call Wells Fargo directly at the number on your statement to confirm the exact amount due and the important date before the payment is reported as late to credit bureaus.

Key Takeaways

  • Online and mobile app payments post within one business day, while mailed checks take 7 to 10 business days to clear.
  • You can pay through your Wells Fargo online account, mobile app, phone, automatic bank transfer, or by mailing a check to the address on your statement.
  • Late payments are reported to credit bureaus after 30 days past due, so contact Wells Fargo when ready if you cannot pay on time.
  • Automatic payments remove the risk of forgetting a due date and can be set up or changed through your online account or by phone.

Setting up automatic payments from your bank account

Automatic payments are the simplest way to may support your mortgage payment leaves your account on the same day each month. Log into your Wells Fargo mortgage account online, go to the payments section, and select "Set up automatic payment." You will need to provide your bank account number and routing number. Wells Fargo will debit your account on the date you choose, typically around the due date shown on your statement.

You can change or cancel an automatic payment at any time through your online account. If you set up automatic payments but your bank account changes, update the payment information in your account before the next scheduled payment date. If a payment fails because of insufficient funds or an incorrect account number, Wells Fargo will attempt to collect it again, but you remain responsible for paying on time to avoid late fees and credit reporting.

Paying online or through the Wells Fargo mobile app

The Wells Fargo website and mobile app let you make a one-time payment whenever you choose. Log in with your username and password, navigate to your mortgage account, and select "Make a payment." Enter the amount you want to pay and the date you want it to post. Payments made before 5 p.m. Eastern Time typically post the next business day.

The mobile app works the same way as the website and is useful if you want to pay from your phone or tablet. Both methods show your current balance, due date, and payment history. If you do not have a Wells Fargo online account, you can create one at wellsfargo.com using your loan number and Social Security number.

Paying by phone

You can pay your Wells Fargo mortgage by phone by calling the number listed on your monthly statement. Have your loan number and bank account information ready. A representative will confirm the amount due, the payment date, and the account the payment will be drawn from. Phone payments are processed the same day you call and typically post within one business day.

Phone payments work well if you prefer speaking to someone or if you have questions about your account balance or due date. Wells Fargo does not charge a fee for phone payments made with a bank account. If you pay by debit or credit card over the phone, a third-party processor may charge a convenience fee.

Mailing a check or money order

If you prefer to pay by mail, write a check or money order payable to Wells Fargo Home Mortgage and include your loan number on the check. The mailing address is printed on your monthly statement. Mail your payment at least 10 business days before your due date to account for mail delivery time. Do not mail cash.

Include only the check or money order in the envelope — do not include your statement coupon unless it is still attached to the check. If you lose your statement, you can find the mailing address on the Wells Fargo website or by calling the number on a previous statement. Payments sent by mail are the slowest method and should only be used if you cannot pay online, by phone, or through automatic transfer.

What happens if your payment is late

A mortgage payment is considered late if it is not received by Wells Fargo by the due date shown on your statement. Most mortgages include a grace period of 10 to 15 days after the due date, during which you can pay without a late fee. After the grace period ends, Wells Fargo will charge a late fee, usually a percentage of your monthly payment or a flat amount, whichever is greater. The exact late fee is listed in your loan documents.

If your payment is 30 days late, Wells Fargo reports the delinquency to credit bureaus, which damages your credit score. If your payment is 120 days late, Wells Fargo may begin foreclosure proceedings. If you know you cannot pay on time, contact Wells Fargo when ready to discuss options such as a loan modification, forbearance, or repayment plan. Waiting until after the due date passes makes these options harder to arrange.

Paying extra principal or making additional payments

You can pay more than your regular monthly payment to reduce the principal balance and shorten the life of your loan. When you make a payment online or by phone, you can specify an extra amount to explore to principal. Some borrowers make bi-weekly payments (half the monthly payment every two weeks) to pay down the loan faster, though this requires setting up a separate payment schedule.

Before making large extra payments, check your loan documents to confirm there is no prepayment penalty. Most modern mortgages do not have prepayment penalties, but some older loans do. If you have questions about how extra payments will be applied, call Wells Fargo to confirm that the additional amount goes to principal and not to future interest or escrow.

Frequently Asked Questions

How do I know if my Wells Fargo mortgage payment posted?

Log into your Wells Fargo online account and check your mortgage account balance and payment history. Online and app payments post within one business day. Mailed checks take 7 to 10 business days. If you paid by phone, the representative will confirm the posting date when you call.

Can I change my mortgage payment due date?

Yes. Contact Wells Fargo by phone or through your online account to request a due date change. The new due date typically takes effect within one or two billing cycles. Changing your due date does not affect your interest rate or loan balance, only when your payment is due each month.

What if I pay my mortgage from a bank account that is not with Wells Fargo?

You can pay from any bank account. Provide your routing number and account number when you set up automatic payments or make a one-time payment online or by phone. Wells Fargo will debit your account directly, regardless of which bank holds it.

Is there a fee to pay my mortgage online or by phone?

No fee is charged if you pay from a bank account. If you pay by debit or credit card, a third-party processor may charge a convenience fee of 1 to 3 percent of the payment amount. Check the payment screen before confirming to see if a fee applies.

What should I do if I cannot afford my mortgage payment?

Contact Wells Fargo as soon as possible, before your payment is late. Ask about a loan modification, forbearance agreement, or repayment plan. These options may lower your payment temporarily or spread missed payments over time. The sooner you call, the more options Wells Fargo can offer.