Lender profile · HMDA 2025

Wells Fargo Bank, N.A.: 2025 mortgage rates, costs & approvals

How Wells Fargo Bank, N.A. priced and approved home loans in 2025, measured against every lender in the official HMDA records.

HMDA legal name: Wells Fargo Bank, National Association · LEI KB1H1DSPRFMYMCUFXT09

In 2025, Wells Fargo Bank, N.A. originated 34,212 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 51 states — 20th by volume among the 2,017 lenders profiled here.

On conventional 30-year fixed purchase loans its median rate was 6.375% (all lenders: 6.625%); its median rate spread was 30 basis points below the national median. Median conventional loan costs were $6,150, 10% higher than the national median ($5,570).

It denied 14.9% of completed home-purchase applications (all lenders: 8.5%).

Loans

34,212

of 42,495 applications

Denial rate

14.9%

Purchase · all 8.5%

30-yr fixed rate

6.375%

Conv. · all 6.625%

Loan costs

$6,150

Conv. · all $5,570

Loan amount

$455,000

Purchase · all $335,000

Borrower income

$180,000

Purchase · all $116,000

How Wells Fargo Bank, N.A. priced home-purchase loans

Purchase loans, 2025	Wells Fargo Bank, N.A.	All lenders
30-year fixed rate · conventional	6.375%	6.625%
30-year fixed rate · FHA	6.125%	6.250%
30-year fixed rate · VA	6.125%	6.125%
15-year fixed rate · conventional	5.750%	5.875%
Rate spread vs. APOR · conventional	−0.17 pts	+0.13 pts
Total loan costs · conventional	$6,150	$5,570
Total loan costs · FHA	$11,170	$11,310
Total loan costs · VA	$5,470	$6,490
Origination charges (all types)	$2,150	$1,860
Borrowers paying discount points	38.4%	51.3%
Points paid, when paid (% of loan)	0.61%	0.87%
Borrowers receiving lender credits	82.4%	33.1%

Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.

Loan mix and borrowers

By loan type

Conventional 94.4% 32,307

FHA 3.4% 1,173

VA 2.1% 732

By purpose

Home purchase 66.0% 22,566

Refinance 11.5% 3,938

Cash-out refinance 22.5% 7,708

Home value

$655,000

Median, purchase loans

Down payment

22.2%

All lenders 10%

Refi rate

6.25%

30-yr fixed, conventional

Refi denial rate

19.4%

Cash-out 29.5%

Why Wells Fargo Bank, N.A. denied purchase applications

Debt-to-income ratio 62.7% 2,486

Collateral (appraisal/property) 19.1% 757

Credit history 7.2% 285

Insufficient cash (down payment/closing costs) 4.7% 186

Other 4.0% 157

Unverifiable information 1.7% 69

Credit application incomplete 0.6% 23

Employment history 0.1% 4

First reason the lender reported for each denied home-purchase application.

Where Wells Fargo Bank, N.A. lends

State	Loans	Applications	Purchase denial rate	30-yr rate*	Loan costs*
California	8,294	9,531	9.3%	6.250%	$8,160
New York	2,313	2,851	15.4%	6.375%	$7,990
Texas	2,138	2,986	21.5%	6.375%	$5,870
Florida	1,982	2,822	24.1%	6.500%	$6,140
North Carolina	1,878	2,247	13.4%	6.375%	$4,560
New Jersey	1,399	1,723	14.1%	6.375%	$6,850
Pennsylvania	1,355	1,704	17.0%	6.375%	$5,370
Washington	1,337	1,518	9.5%	6.250%	$6,300
Minnesota	1,308	1,560	12.5%	6.500%	$4,070
Georgia	1,249	1,694	20.4%	6.375%	$5,110
Virginia	1,053	1,318	15.2%	6.375%	$4,860
Arizona	811	1,010	14.4%	6.375%	$5,770
South Carolina	743	937	17.5%	6.375%	$4,620
Illinois	739	901	11.3%	6.500%	$5,710
Maryland	564	726	15.5%	6.375%	$5,240
Wisconsin	506	588	9.9%	6.625%	$3,770
Colorado	473	624	17.4%	6.375%	$4,140
Iowa	460	548	13.8%	6.500%	$3,440
Alabama	411	545	15.8%	6.500%	$4,130
Tennessee	403	498	15.4%	6.500%	$5,730
Oregon	369	460	14.1%	6.250%	$5,860
Nevada	339	429	16.3%	6.375%	$5,410
Connecticut	330	423	16.4%	6.250%	$7,600
Missouri	317	408	14.4%	6.375%	$4,320
Ohio	311	396	17.6%	6.500%	$4,620
Indiana	297	386	19.2%	6.500%	$3,450
Nebraska	249	313	22.2%	6.500%	$3,860
Michigan	234	288	15.3%	6.625%	$4,240
Massachusetts	215	265	14.6%	6.375%	$6,330
New Mexico	188	234	13.2%	6.500%	$5,510
Kansas	154	201	20.3%	6.500%	$3,600
Oklahoma	145	203	24.6%	6.500%	$4,890
Delaware	145	178	13.8%	6.500%	$4,870
Kentucky	134	179	22.9%	6.375%	$4,490
Utah	129	175	14.3%	6.250%	$4,660
Arkansas	127	168	21.8%	6.625%	$4,140
Louisiana	121	184	26.4%	6.500%	$5,040
South Dakota	120	150	17.0%	6.500%	$4,060
Montana	120	143	17.6%	6.500%	$4,950
Mississippi	109	162	35.6%	6.500%	$4,700
Idaho	108	133	14.9%	6.375%	$5,670
District of Columbia	103	128	14.4%	6.250%	$7,040
Alaska	88	123	28.2%	6.500%	$4,900
New Hampshire	66	79	9.4%	—	$4,450
West Virginia	63	80	14.8%	6.500%	$4,270
North Dakota	51	65	12.8%	6.500%	$4,040
Maine	48	55	17.2%	6.625%	$4,610
Wyoming	47	60	16.2%	6.250%	$4,170
Rhode Island	38	48	25.0%	—	$5,420
Hawaii	16	28	45.5%	—	—
Vermont	15	20	—	—	—

*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Wells Fargo Bank, N.A.'s page for that state.

Counties where Wells Fargo Bank, N.A. is a top lender

County	Rank	Loans	Market share
Todd County, SD	1	1	100.0%
Bristol Bay Borough, AK	2	3	33.3%
Campbell County, SD	5	1	20.0%
Hayes County, NE	3	1	16.7%
Santa Clara County, CA	1	2,565	15.5%
Haines Borough, AK	3	2	12.5%
San Mateo County, CA	1	707	11.8%
Kiowa County, KS	6	1	11.1%
New York County, NY	3	554	10.8%
Hand County, SD	5	2	10.5%
Wheeler County, TX	5	3	10.3%
Wichita County, KS	9	1	10.0%
Marin County, CA	1	215	9.6%
Quay County, NM	4	3	9.4%
Walworth County, SD	5	3	8.8%

Check Wells Fargo Bank, N.A. yourself

FFIEC HMDA Data Browser — the official 2025 records filed under LEI KB1H1DSPRFMYMCUFXT09.
NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
CFPB Consumer Complaint Database — search complaints by company name.
Compare your Loan Estimate from Wells Fargo Bank, N.A. with similar 2025 loans.

This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.

Lenders of similar size

Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology