Wells Fargo Bank · Oklahoma · 2025

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

Wells Fargo Bank took 359 mortgage applications in Oklahoma in 2025, ranking #81 of 821 lenders active in the state. It originated 49.0% of them and denied 22.8% (31.8% of the applications it decided), against a statewide denial rate of 17.9%.

359Applicationsin OK
31.8%Decision denial ratestate 22.9%
6.44%Median ratestate 6.63%
$185,000Median loanstate $165,000
$41MVolume54 counties

Wells Fargo Bank in Oklahoma vs the state

22.8%Denial rate+4.92 pts vs state
31.8%Decision denial rate+8.91 pts vs state
49.0%Origination rate-7.07 pts vs state
6.44%Median rate-0.19 pts vs state
0.20Rate spread (pts)-0.15 pts vs state
$92kMedian applicant income
176Loans originated
82Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
202358727027.3%6.25%#48
202436614923.8%6.50%#74
202535917622.8%6.44%#81

What Wells Fargo Bank lends in Oklahoma

By loan purpose

Home purchase 197 55% · 17.8% denied
Refinance 19 5% · 26.3% denied
Cash-out refinance 119 33% · 26.9% denied
Home improvement 3 1% · 33.3% denied
Other / HELOC 21 6% · 42.9% denied

By loan type

Conventional 300 84% · 21.7% denied
FHA 39 11% · 38.5% denied
VA 20 6% · 10.0% denied

Why it denied Oklahoma applicants

Debt-to-income ratio 36 44%
Collateral 16 20%
Other 14 17%
Credit history 12 15%
Unverifiable information 2 2%
Insufficient cash 1 1%
Incomplete application 1 1%

Where in Oklahoma

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oklahoma County 774115 19.5%
Tulsa County 482310 20.8%
Canadian County 30116 20.0%
Cleveland County 23153 13.0%
Wagoner County 1673 18.8%
Rogers County 1391 7.7%
Payne County 1061 10.0%
Carter County 1043 30.0%
Delaware County 842 25.0%
Comanche County 850 0.0%

Other large lenders in Oklahoma

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 6,99024.0%6.75%
First United Bank and TrustC 5,6305.9%6.88%
Arvest BankC 5,38717.6%7.00%
21st MortgageF 5,21746.8%9.83%
BancFirstC 4,79910.0%7.38%
BOKFD 4,22720.2%6.63%
Mortgage Research CenterC 4,01218.8%6.25%
United Shore Financial ServicesB 3,73513.8%6.13%
Associated MortgageA 3,2130.7%6.50%
Vanderbilt Mortgage and FinanceF 2,61038.3%9.75%

Frequently asked questions

Oklahoma: 359 applications in 2025, of which 176 were originated and 82 denied.

22.8% of all applications, or 31.8% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans Wells Fargo Bank originated in Oklahoma in 2025 was 6.44%, against a statewide median of 6.63%.

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