Wells Fargo Bank · Ohio · 2025

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

Wells Fargo Bank took 726 mortgage applications in Ohio in 2025, ranking #110 of 1,092 lenders active in the state. It originated 51.4% of them and denied 15.7% (23.4% of the applications it decided), against a statewide denial rate of 17.7%.

726Applicationsin OH
23.4%Decision denial ratestate 21.9%
6.38%Median ratestate 6.88%
$175,000Median loanstate $155,000
$107MVolume70 counties

Wells Fargo Bank in Ohio vs the state

15.7%Denial rate-1.99 pts vs state
23.4%Decision denial rate+1.47 pts vs state
51.4%Origination rate-8.52 pts vs state
6.38%Median rate-0.50 pts vs state
0.20Rate spread (pts)-0.18 pts vs state
$95kMedian applicant income
373Loans originated
114Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,41662826.7%6.25%#57
202485338824.4%6.50%#87
202572637315.7%6.38%#110

What Wells Fargo Bank lends in Ohio

By loan purpose

Home purchase 344 47% · 12.5% denied
Refinance 40 6% · 20.0% denied
Cash-out refinance 290 40% · 17.6% denied
Home improvement 13 2% · 15.4% denied
Other / HELOC 39 5% · 25.6% denied

By loan type

Conventional 613 84% · 14.5% denied
FHA 86 12% · 24.4% denied
VA 27 4% · 14.8% denied

Why it denied Ohio applicants

Debt-to-income ratio 48 42%
Collateral 24 21%
Credit history 24 21%
Other 13 11%
Insufficient cash 3 3%
Unverifiable information 1 1%
Incomplete application 1 1%

Where in Ohio

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cuyahoga County 814112 14.8%
Franklin County 663910 15.2%
Hamilton County 511912 23.5%
Summit County 44222 4.5%
Montgomery County 41207 17.1%
Butler County 30196 20.0%
Warren County 28174 14.3%
Stark County 28122 7.1%
Lucas County 26153 11.5%
Lorain County 24104 16.7%

Other large lenders in Ohio

LenderGradeApplicationsDenial rateMedian rate
The Huntington National BankD 42,68325.8%7.59%
Rocket MortgageC 23,16518.5%6.63%
Fifth Third BankD 21,93925.6%7.50%
Crosscountry MortgageB 16,0663.1%6.75%
United Shore Financial ServicesB 14,62613.1%6.45%
Third Federal Savings and Loan Association of ClevelandC 12,62223.0%6.74%
PNC BankD 11,60724.6%7.40%
Wright-Patt Credit UnionC 8,79128.1%7.50%
U.S. BankD 8,62338.0%7.60%
Citizens BankC 7,77524.3%7.65%

Frequently asked questions

Ohio: 726 applications in 2025, of which 373 were originated and 114 denied.

15.7% of all applications, or 23.4% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Wells Fargo Bank originated in Ohio in 2025 was 6.38%, against a statewide median of 6.88%.

About this data. Figures are Wells Fargo Bank's own HMDA filing for properties located in Ohio, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology