Wells Fargo Launches 'What Makes a Home' Contest

$750K in cash available through Aug. 31

Wells Fargo | 5/12/2014, 3 p.m.
Wells Fargo & Company's home lending division announced Monday that it will give away three $250,000 cash prizes to three ...
Courtesy of wellsfargo.com

DES MOINES, Iowa — Wells Fargo & Company's home lending division announced Monday that it will give away three $250,000 cash prizes to three contestants who submit, in words and images, their answer to the contest question: “What makes a place feel like a home?” Consumers can learn more and enter the contest online at www.wellsfargo.com/homecontest.

To be eligible, consumers must submit a complete mortgage loan application for the purchase of residential real estate with Wells Fargo Home Mortgage between April 1, 2014 and August 31, 2014. Mortgage applications are not required for contestants in AZ, CO, IA, MD, MN, NJ, ND or TN.

“Today’s interest rates make it a good time to buy a home,” said Greg Gwizdz, Executive Vice President and National Retail Sales Manager with Wells Fargo Home Mortgage. “Consumers who are ready to purchase a home may be working with their local realtor to find a home. We hope that they will also start a conversation with one of our home mortgage consultants to complete a loan application and submit an entry for the chance to win $250,000.” Winners may use the money to pay down a mortgage, renovate, decorate or spend their winnings however, they choose.

Contest entry is through the website only. To enter the contest, contestants must describe, “What makes a place feel like a home,” using words and a photo or a 30-second video. An independent panel of judges will review each entry and select three $250,000 winners based on the uniqueness and sincerity of the answers, among other criteria. Wells Fargo will announce the winners online at the contest site.

Wells Fargo is launching the contest during the spring home buying season to give anyone who completes a Wells Fargo purchase loan application, where applicable*, from April 1 through August 31, the chance to win.

“A home loan is one of the largest financial transactions many Americans will ever make,” said Franklin

Codel, Executive Vice President and head of Home Mortgage Production. “This contest allows Wells Fargo to add something special to the excitement and joy of having a place to call home.” Additional information about the contest is available through Wells Fargo Home Mortgage Consultants, REALTORS or homebuilders in your area. The website is www.wellsfargo.com/homecontest.

Only purchase loan applications are eligible except for contestants who are residents of AZ, CO, IA, MD, MN, NJ, ND or TN, where no loan application is required. Applications for home equity loans, refinancing or loan applications from other lenders are not eligible to participate in the What Makes a Home contest. Wells Fargo employees and joint venture partners are not eligible to participate in the contest.