I make my payments to Wells Fargo.  Does that mean I’m not eligible for HARP?

Even if you make payments to a major bank like Wells Fargo, more often than not, Wells Fargo is just your Mortgage Servicer. This means that Wells Fargo simply collects your monthly payments and this doesn’t mean that Wells Fargo owns your loan. In fact, Wells Fargo backs very few of its loans.  For most loans for which payments are sent to Wells Fargo, Fannie Mae or Freddie Mac are the actual loan-backers. Check your Eligibility to make sure Wells Fargo doesn’t hold your loan. 

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