Wells Fargo Bank in Florida vs the state
21.2%Denial rate+0.17 pts vs state
31.8%Decision denial rate+4.51 pts vs state
45.4%Origination rate-7.31 pts vs state
6.38%Median rate-0.25 pts vs state
0.03Rate spread (pts)-0.24 pts vs state
$116kMedian applicant income
2,670Loans originated
1,249Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 9,843 | 4,126 | 29.5% | 6.13% | #21 |
| 2024 | 6,918 | 2,714 | 27.8% | 6.38% | #31 |
| 2025 | 5,884 | 2,670 | 21.2% | 6.38% | #39 |
What Wells Fargo Bank lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Wells Fargo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 663 | 316 | 155 | 23.4% |
| Broward County | 504 | 182 | 157 | 31.2% |
| Miami-Dade County | 477 | 172 | 134 | 28.1% |
| Orange County | 343 | 149 | 67 | 19.5% |
| Pinellas County | 272 | 103 | 64 | 23.5% |
| Hillsborough County | 266 | 100 | 48 | 18.0% |
| Duval County | 257 | 126 | 46 | 17.9% |
| Lee County | 245 | 117 | 51 | 20.8% |
| Brevard County | 198 | 97 | 34 | 17.2% |
| Sarasota County | 183 | 105 | 26 | 14.2% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 5,884 applications in 2025, of which 2,670 were originated and 1,249 denied.
21.2% of all applications, or 31.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Wells Fargo Bank originated in Florida in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Wells Fargo Bank's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology