Wells Fargo Home Mortgage vs Guaranteed Rate

Side-by-side fee breakdown based on verified closing cost data

Wells Fargo Home Mortgage
A
Guaranteed Rate
A
Lowest Cost

Avg closing costs

$12,235

Junk fees

28% of reports

Guaranteed Rate

272 reports

A

Avg closing costs

$12,913

Junk fees

27% of reports

💡 Switching from Guaranteed Rate to Wells Fargo Home Mortgage could save ~$677 in closing costs.

Fee-by-Fee Comparison

FeeWells FargoGuaranteed RateNat. Avg
Courier/Delivery$45$46$58
Appraisal$819$852$1,065
Rate Lock Fee$345$370$347
Recording Fee$260$271$340
Flood Certification$18$19$23
Processing Fee$592$621$777
Origination Fee$7,488$7,873$7,829
Tax Service Fee$97$102$126
Title Search$297$306$388
Underwriting Fee$1,126$1,171$1,459
Credit Report$52$55$68
Document Preparation$162$158$164
Wire Transfer Fee$52$54$68
Settlement/Closing Fee$746$773$973
Title Insurance$2,997$3,174$3,110
Total (median)$12,235$12,913

🟢 Green = lowest for this fee · 🔴 Red = highest for this fee

Verdict

Wells Fargo Home Mortgage has lower overall closing costs, with a median $677 less than Guaranteed Rate. The biggest differences are in Origination Fee (Wells Fargo Home Mortgage is lower) and Title Insurance (Wells Fargo Home Mortgage is lower). Compare their rate offers alongside these closing cost differences — a lower rate can offset higher fees over time. Upload your Closing Disclosure for a detailed, line-by-line audit.

This summary is generated from aggregate closing cost data. It is informational only and not financial advice.

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