Wells Fargo Bank · Texas · 2025

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

Wells Fargo Bank took 5,902 mortgage applications in Texas in 2025, ranking #31 of 1,568 lenders active in the state. It originated 44.9% of them and denied 21.6% (32.4% of the applications it decided), against a statewide denial rate of 19.4%.

5.9kApplicationsin TX
32.4%Decision denial ratestate 24.9%
6.38%Median ratestate 6.50%
$215,000Median loanstate $245,000
$2.2BVolume181 counties

Wells Fargo Bank in Texas vs the state

21.6%Denial rate+2.17 pts vs state
32.4%Decision denial rate+7.49 pts vs state
44.9%Origination rate-10.03 pts vs state
6.38%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.06 pts vs state
$106kMedian applicant income
2,647Loans originated
1,275Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310,6894,06933.4%6.13%#18
20247,0162,50431.1%6.50%#26
20255,9022,64721.6%6.38%#31

What Wells Fargo Bank lends in Texas

By loan purpose

Home purchase 3,011 51% · 15.0% denied
Refinance 457 8% · 26.9% denied
Cash-out refinance 1,653 28% · 25.4% denied
Home improvement 338 6% · 34.0% denied
Other / HELOC 443 8% · 37.3% denied

By loan type

Conventional 5,569 94% · 21.1% denied
FHA 186 3% · 39.3% denied
VA 146 2% · 17.1% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Texas applicants

Debt-to-income ratio 687 54%
Other 196 15%
Collateral 164 13%
Credit history 146 11%
Insufficient cash 44 3%
Unverifiable information 26 2%
Incomplete application 11 1%
Employment history 1 0%

Where in Texas

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 980388250 25.5%
Tarrant County 598319111 18.6%
Dallas County 582260129 22.2%
Bexar County 33614479 23.5%
Travis County 29314144 15.0%
Fort Bend County 2519965 25.9%
Collin County 2329943 18.5%
Denton County 22410442 18.8%
Montgomery County 1598625 15.7%
El Paso County 1385052 37.7%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
Bank of AmericaF 18,00843.0%6.24%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%

Frequently asked questions

Texas: 5,902 applications in 2025, of which 2,647 were originated and 1,275 denied.

21.6% of all applications, or 32.4% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Wells Fargo Bank originated in Texas in 2025 was 6.38%, against a statewide median of 6.50%.

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