Wells Fargo Bank · Oregon · 2025

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

Wells Fargo Bank took 851 mortgage applications in Oregon in 2025, ranking #49 of 700 lenders active in the state. It originated 54.5% of them and denied 15.9% (22.5% of the applications it decided), against a statewide denial rate of 15.3%.

851Applicationsin OR
22.5%Decision denial ratestate 19.2%
6.25%Median ratestate 6.75%
$325,000Median loanstate $275,000
$318MVolume31 counties

Wells Fargo Bank in Oregon vs the state

15.9%Denial rate+0.55 pts vs state
22.5%Decision denial rate+3.30 pts vs state
54.5%Origination rate-6.10 pts vs state
6.25%Median rate-0.50 pts vs state
0.01Rate spread (pts)-0.27 pts vs state
$130kMedian applicant income
464Loans originated
135Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,18861519.8%6.25%#25
202482440618.5%6.50%#47
202585146415.9%6.25%#49

What Wells Fargo Bank lends in Oregon

By loan purpose

Home purchase 488 57% · 11.5% denied
Refinance 69 8% · 11.6% denied
Cash-out refinance 215 25% · 23.3% denied
Home improvement 27 3% · 29.6% denied
Other / HELOC 52 6% · 25.0% denied

By loan type

Conventional 813 96% · 15.7% denied
FHA 25 3% · 24.0% denied
VA 13 2% · 7.7% denied

Why it denied Oregon applicants

Debt-to-income ratio 69 51%
Collateral 33 24%
Credit history 13 10%
Other 12 9%
Insufficient cash 4 3%
Unverifiable information 2 1%
Incomplete application 2 1%

Where in Oregon

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 1809630 16.7%
Washington County 1559115 9.7%
Clackamas County 1136017 15.0%
Deschutes County 694013 18.8%
Lane County 54298 14.8%
Marion County 482312 25.0%
Jackson County 44296 13.6%
Yamhill County 19121 5.3%
Polk County 18132 11.1%
Douglas County 1434 28.6%

Other large lenders in Oregon

LenderGradeApplicationsDenial rateMedian rate
Onpoint Community Credit UnionB 10,71015.7%7.50%
Rocket MortgageC 6,64916.3%6.75%
United Shore Financial ServicesB 6,60010.4%6.25%
Guild MortgageA 6,0342.6%6.55%
U.S. BankD 4,87531.6%7.85%
Umpqua BankC 3,15523.0%7.50%
NewrezD 2,94512.9%6.63%
CMG MortgageA 2,7022.9%6.50%
Pennymac Loan ServicesC 2,64210.2%6.62%
Rogue Credit UnionC 2,51110.2%7.49%

Frequently asked questions

Oregon: 851 applications in 2025, of which 464 were originated and 135 denied.

15.9% of all applications, or 22.5% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Wells Fargo Bank originated in Oregon in 2025 was 6.25%, against a statewide median of 6.75%.

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