Wells Fargo Bank in Illinois vs the state
14.7%Denial rate-2.46 pts vs state
20.6%Decision denial rate-1.11 pts vs state
56.3%Origination rate-2.46 pts vs state
6.50%Median rate-0.25 pts vs state
0.19Rate spread (pts)-0.20 pts vs state
$120kMedian applicant income
856Loans originated
223Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,694 | 1,330 | 24.2% | 6.25% | #27 |
| 2024 | 1,745 | 832 | 21.4% | 6.38% | #44 |
| 2025 | 1,521 | 856 | 14.7% | 6.50% | #57 |
What Wells Fargo Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Wells Fargo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 653 | 355 | 98 | 15.0% |
| DuPage County | 116 | 60 | 16 | 13.8% |
| Lake County | 102 | 63 | 13 | 12.7% |
| Will County | 96 | 61 | 14 | 14.6% |
| Kane County | 66 | 48 | 6 | 9.1% |
| McHenry County | 46 | 23 | 8 | 17.4% |
| Madison County | 32 | 20 | 5 | 15.6% |
| Peoria County | 31 | 16 | 7 | 22.6% |
| Rock Island County | 30 | 16 | 4 | 13.3% |
| St. Clair County | 26 | 14 | 3 | 11.5% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 1,521 applications in 2025, of which 856 were originated and 223 denied.
14.7% of all applications, or 20.6% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Wells Fargo Bank originated in Illinois in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Wells Fargo Bank's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology