Wells Fargo Bank · Georgia · 2025

Wells Fargo Bank in Georgia: approval rate, denial rate and rates (2025)

Wells Fargo Bank took 3,187 mortgage applications in Georgia in 2025, ranking #34 of 1,201 lenders active in the state. It originated 47.4% of them and denied 20.0% (29.6% of the applications it decided), against a statewide denial rate of 19.2%.

3.2kApplicationsin GA
29.6%Decision denial ratestate 25.1%
6.38%Median ratestate 6.63%
$215,000Median loanstate $235,000
$677MVolume141 counties

Wells Fargo Bank in Georgia vs the state

20.0%Denial rate+0.77 pts vs state
29.6%Decision denial rate+4.54 pts vs state
47.4%Origination rate-6.74 pts vs state
6.38%Median rate-0.25 pts vs state
0.13Rate spread (pts)-0.14 pts vs state
$91kMedian applicant income
1,509Loans originated
637Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,1272,24928.0%6.13%#19
20243,8981,61227.0%6.38%#27
20253,1871,50920.0%6.38%#34

What Wells Fargo Bank lends in Georgia

By loan purpose

Home purchase 1,533 48% · 15.1% denied
Refinance 201 6% · 22.4% denied
Cash-out refinance 1,078 34% · 24.0% denied
Home improvement 141 4% · 25.5% denied
Other / HELOC 234 7% · 28.2% denied

By loan type

Conventional 2,839 89% · 18.2% denied
FHA 285 9% · 36.8% denied
VA 63 2% · 25.4% denied

Why it denied Georgia applicants

Debt-to-income ratio 344 54%
Collateral 96 15%
Credit history 83 13%
Other 62 10%
Insufficient cash 34 5%
Unverifiable information 12 2%
Incomplete application 6 1%

Where in Georgia

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 42019486 20.5%
Cobb County 31015144 14.2%
DeKalb County 30113665 21.6%
Gwinnett County 29712976 25.6%
Cherokee County 1378817 12.4%
Chatham County 1214923 19.0%
Clayton County 1124326 23.2%
Henry County 794311 13.9%
Douglas County 683513 19.1%
Hall County 633213 20.6%

Other large lenders in Georgia

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 29,84518.2%6.63%
United Shore Financial ServicesB 23,78412.6%6.25%
Navy Federal Credit UnionD 12,38826.4%7.95%
Truist BankC 10,56338.7%6.49%
Pennymac Loan ServicesC 10,27311.6%6.49%
Broker SolutionsD 9,7098.6%6.63%
Mortgage Research CenterC 9,44319.8%6.25%
Freedom MortgageB 9,2939.1%6.25%
Bank of AmericaF 9,16836.5%6.24%
Ameris BankB 8,06510.1%6.50%

Frequently asked questions

Georgia: 3,187 applications in 2025, of which 1,509 were originated and 637 denied.

20.0% of all applications, or 29.6% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans Wells Fargo Bank originated in Georgia 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 Georgia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology