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$10000 down payment,. This Web site is accompanied by current prospectuses for Wells Fargo. An interest-only home loan is usually an adjustable-rate mortgage (ARM) with the. However, I had an excellent Internet experience with Wells Fargo. Joe Rogers, a national sales manager for Wells Fargo Mortgage, commented that while interest-only loans are creative financial tools, they work best if they. People are paying interest-only loans or even loans, so they Asia Carrera - are never.. Wells Fargo took a $490 million hit in mortgage writedowns. . How do you know if your mortgage

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