Wells Fargo deems Fairfield County ‘distressed,’ raises down payment requirement Wells Fargo has designated Fairfield County as “distressed” and increased its required down payment for prospective homebuyers from 20 percent to 25 percent as a result, Bloomberg reported. Fairfield County was the only county in Connecticut and the New York City metropolitan area that saw an increased down payment requirement. Jennifer Leahy, a sales agent at Douglas Elliman in Fairfield County, told the outlet that […]
source https://therealdeal.com/2018/11/21/westchester-fairfield-cheat-sheet-wells-fargo-calls-fairfield-county-distressed-mamaroneck-yacht-club-sells-more/
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