Wells Fargo Bank, National Association mortgage approval rate & lending review
Wells Fargo Bank, National Association decided 146,350 mortgage applications and funded 105,131 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Wells Fargo Bank, National Association reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Wells Fargo Bank, National Association at a glance
Approval is 8.6 points below the 80.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 84% | 64,924 / 77,343 | 100% | $435K | 64,674 |
| Home improvement loans | 43% | 1,619 / 3,789 | 99% | $125K | 1,600 |
| Cash-out refinance | 52% | 16,367 / 31,722 | 100% | $195K | 16,296 |
| Refinance | 72% | 12,239 / 16,950 | 99% | $245K | 12,154 |
| Investment property purchase | 76% | 7,986 / 10,503 | 99% | $345K | 7,938 |
| Investment cash-out refinance | 36% | 1,082 / 3,032 | 99% | $185K | 1,074 |
| Investment refinance | 57% | 1,045 / 1,841 | 99% | $205K | 1,039 |
| Investment home improvement | 31% | 360 / 1,170 | 99% | $165K | 356 |
Wells Fargo Bank, National Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 80% | $1.08M | 28,499 | 22,766 |
| Florida | 62% | $335K | 13,790 | 8,539 |
| Texas | 59% | $325K | 13,189 | 7,741 |
| New York | 77% | $785K | 10,724 | 8,229 |
| North Carolina | 77% | $365K | 7,837 | 6,021 |
| New Jersey | 75% | $585K | 7,028 | 5,246 |
| Pennsylvania | 69% | $275K | 6,393 | 4,374 |
| Georgia | 65% | $235K | 6,268 | 4,037 |
| Washington | 83% | $1.10M | 4,597 | 3,773 |
| Arizona | 72% | $415K | 4,241 | 3,036 |
| Minnesota | 79% | $325K | 3,872 | 3,046 |
| Illinois | 72% | $365K | 3,538 | 2,549 |
| Virginia | 76% | $485K | 3,370 | 2,558 |
| South Carolina | 72% | $295K | 3,340 | 2,385 |
| Maryland | 66% | $385K | 2,820 | 1,861 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Wells Fargo Bank, National Association lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Santa Clara County, CA | Mortgage lenders | 94% | 4,414 | 4,131 |
| Los Angeles County, CA | Mortgage lenders | 83% | 2,508 | 2,073 |
| King County, WA | Mortgage lenders | 89% | 2,145 | 1,899 |
| Alameda County, CA | Mortgage lenders | 92% | 1,762 | 1,611 |
| New York County, NY | Mortgage lenders | 86% | 1,848 | 1,589 |
| San Mateo County, CA | Mortgage lenders | 94% | 1,348 | 1,264 |
| Mecklenburg County, NC | Mortgage lenders | 91% | 1,123 | 1,020 |
| Maricopa County, AZ | Mortgage lenders | 86% | 1,176 | 1,008 |
| Westchester County, NY | Mortgage lenders | 91% | 1,099 | 1,004 |
| Kings County, NY | Mortgage lenders | 85% | 1,167 | 991 |
| Orange County, CA | Mortgage lenders | 84% | 1,168 | 977 |
| Santa Clara County, CA | Refinance | 91% | 1,030 | 933 |
The county markets where Wells Fargo Bank, National Association made the most loans. Each link opens that market with every lender ranked.
Questions about Wells Fargo Bank, National Association
What is Wells Fargo Bank, National Association's mortgage approval rate?
Wells Fargo Bank, National Association approved 72.2% of the 146,350 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.6 points below the 80.8% national rate for the same mix of loan types.
How often do borrowers take the loan Wells Fargo Bank, National Association offers?
Borrowers accepted 100% of the loans Wells Fargo Bank, National Association approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Wells Fargo Bank, National Association make?
The typical home purchase mortgage loan Wells Fargo Bank, National Association made was $435K; across all loan types its typical loan ran from $125K to $435K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Wells Fargo Bank, National Association lend?
Wells Fargo Bank, National Association decided applications in 51 of the states Fat Boy Data covers, most of them in California, Florida and Texas.
Can I apply to Wells Fargo Bank, National Association directly?
Yes. Wells Fargo Bank, National Association is a bank or credit union with 4,152 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Wells Fargo Bank, National Association's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Wells Fargo Bank, National Association treats applications, then get a rate quote from the lender.