Constructing a new home may be a complicated process — but financing it with Wells Fargo isn’t! We’ve limited the paperwork and sped up the approvals and funding, allowing you to focus on building your new home. Benefits of financing your new home through Wells Fargo Home Mortgage: Selection. We offer a wide range of products and programs designed exclusively for the new construction customer, and we can help you tailor a program to fit your needs. Flexibility. Our extended lock programs protect against rising rates during the construction period and allow you to float down to obtain new pricing if the market improves — or switch to another eligible product at the current rate.* Security. Buyers are able to lock in today's loan pricing options and be protected from market fluctuations for up to one year. Speed. Most homebuyers can get loan approval within minutes. Large loan amounts. We've provided construction loan amounts up to $12 million for qualified borrowers. Low cost loans. We have programs with little or no money down requirements.