Wells Fargo Bank · Pennsylvania · 2025

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

Wells Fargo Bank took 2,914 mortgage applications in Pennsylvania in 2025, ranking #39 of 1,114 lenders active in the state. It originated 55.9% of them and denied 16.7% (23.0% of the applications it decided), against a statewide denial rate of 18.3%.

2.9kApplicationsin PA
23.0%Decision denial ratestate 22.2%
6.38%Median ratestate 6.63%
$205,000Median loanstate $155,000
$515MVolume65 counties

Wells Fargo Bank in Pennsylvania vs the state

16.7%Denial rate-1.58 pts vs state
23.0%Decision denial rate+0.74 pts vs state
55.9%Origination rate-5.09 pts vs state
6.38%Median rate-0.25 pts vs state
0.08Rate spread (pts)-0.16 pts vs state
$95kMedian applicant income
1,628Loans originated
487Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,2781,98527.3%6.38%#16
20243,0901,44624.1%6.50%#37
20252,9141,62816.7%6.38%#39

What Wells Fargo Bank lends in Pennsylvania

By loan purpose

Home purchase 1,568 54% · 12.9% denied
Refinance 231 8% · 14.7% denied
Cash-out refinance 830 28% · 20.8% denied
Home improvement 114 4% · 27.2% denied
Other / HELOC 171 6% · 27.5% denied

By loan type

Conventional 2,685 92% · 15.6% denied
FHA 203 7% · 31.5% denied
VA 26 1% · 15.4% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 262 54%
Collateral 68 14%
Credit history 64 13%
Other 44 9%
Insufficient cash 44 9%
Unverifiable information 3 1%
Incomplete application 2 0%

Where in Pennsylvania

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Philadelphia County 45023097 21.6%
Montgomery County 25414136 14.2%
Bucks County 19111725 13.1%
Delaware County 1899539 20.6%
Allegheny County 17811418 10.1%
Chester County 16411510 6.1%
Berks County 1255935 28.0%
Lehigh County 1226821 17.2%
York County 1086318 16.7%
Lancaster County 1036015 14.6%

Other large lenders in Pennsylvania

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 22,41118.6%6.75%
Citizens BankC 18,25628.1%7.65%
PNC BankD 18,03120.6%6.88%
United Shore Financial ServicesB 13,17813.4%6.47%
Crosscountry MortgageB 11,6153.3%6.63%
Members 1stB 10,86330.9%1.99%
First National Bank of PennsylvaniaB 9,54227.8%6.49%
Police & FireC 8,46034.6%6.25%
PENNSYLVANIA STATE EMPLOYEES Credit UnionC 8,30813.7%6.64%
Pennymac Loan ServicesC 7,90012.6%6.50%

Frequently asked questions

Pennsylvania: 2,914 applications in 2025, of which 1,628 were originated and 487 denied.

16.7% of all applications, or 23.0% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Wells Fargo Bank originated in Pennsylvania 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 Pennsylvania, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology