Wells Fargo Bank in Maryland vs the state
16.4%Denial rate-2.43 pts vs state
24.1%Decision denial rate-0.06 pts vs state
51.3%Origination rate-4.37 pts vs state
6.38%Median rate-0.25 pts vs state
0.09Rate spread (pts)-0.16 pts vs state
$121kMedian applicant income
671Loans originated
214Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,090 | 993 | 26.4% | 5.88% | #18 |
| 2024 | 1,320 | 572 | 24.9% | 6.50% | #40 |
| 2025 | 1,307 | 671 | 16.4% | 6.38% | #45 |
What Wells Fargo Bank lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Wells Fargo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 227 | 128 | 21 | 9.3% |
| Prince George's County | 202 | 85 | 45 | 22.3% |
| Baltimore County | 193 | 92 | 38 | 19.7% |
| Anne Arundel County | 135 | 72 | 19 | 14.1% |
| Baltimore city | 110 | 39 | 33 | 30.0% |
| Howard County | 70 | 48 | 5 | 7.1% |
| Harford County | 58 | 34 | 6 | 10.3% |
| Frederick County | 51 | 30 | 7 | 13.7% |
| Carroll County | 34 | 23 | 3 | 8.8% |
| Charles County | 31 | 16 | 3 | 9.7% |
Other large lenders in Maryland
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 12,806 | 16.8% | 6.63% |
| Navy Federal Credit Union | D | 11,436 | 23.0% | 8.00% |
| United Shore Financial Services | B | 9,307 | 16.0% | 6.13% |
| Truist Bank | C | 6,559 | 34.9% | 6.49% |
| Bank of America | F | 6,051 | 35.8% | 6.24% |
| Newrez | D | 5,739 | 21.0% | 6.63% |
| State Employees Credit Union of Maryland | D | 5,624 | 44.6% | 6.25% |
| PNC Bank | D | 5,582 | 28.0% | 7.41% |
| Manufacturers and Traders Trust | C | 5,497 | 32.0% | 5.99% |
| Pennymac Loan Services | C | 5,411 | 12.4% | 6.49% |
Frequently asked questions
Maryland: 1,307 applications in 2025, of which 671 were originated and 214 denied.
16.4% of all applications, or 24.1% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Wells Fargo Bank originated in Maryland 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 Maryland, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology