Wells Fargo Bank in Indiana vs the state
18.4%Denial rate+1.79 pts vs state
25.1%Decision denial rate+4.97 pts vs state
54.8%Origination rate-7.47 pts vs state
6.50%Median rate-0.25 pts vs state
0.22Rate spread (pts)-0.15 pts vs state
$95kMedian applicant income
355Loans originated
119Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,094 | 529 | 26.8% | 6.38% | #61 |
| 2024 | 707 | 334 | 25.0% | 6.50% | #86 |
| 2025 | 648 | 355 | 18.4% | 6.50% | #98 |
What Wells Fargo Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Wells Fargo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 91 | 39 | 20 | 22.0% |
| Lake County | 89 | 48 | 15 | 16.9% |
| Allen County | 50 | 21 | 18 | 36.0% |
| Hamilton County | 48 | 32 | 1 | 2.1% |
| St. Joseph County | 35 | 19 | 6 | 17.1% |
| Porter County | 28 | 17 | 3 | 10.7% |
| Hendricks County | 22 | 14 | 3 | 13.6% |
| Tippecanoe County | 13 | 6 | 3 | 23.1% |
| Johnson County | 13 | 8 | 2 | 15.4% |
| Elkhart County | 12 | 7 | 1 | 8.3% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 648 applications in 2025, of which 355 were originated and 119 denied.
18.4% of all applications, or 25.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Wells Fargo Bank originated in Indiana 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 Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology