[QUOTE who="Prayerful in Atlanta, Georgia"]Do you have to apply for the "De Minimus it will WF check to see if you qualify? Please give all insight if you will I am a nervous wreck!!!![/QUOTE]
You do not have to apply. If you meet the specifications of the FDIC Section 19 rule, the waiver is automatic and there is no need for anyone to request one. However, Wells Fargo is going to take the time to make sure you actually qualify under the rule. It will take some time, it took exactly two weeks for me to get the green light to start (I started the next day just as my offer letter indicated). I know the waiting process is torturous, but hang in there.
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