Wells Fargo Bank in Washington vs the state
9.5%Denial rate-6.16 pts vs state
14.0%Decision denial rate-5.54 pts vs state
57.9%Origination rate-3.14 pts vs state
5.75%Median rate-0.88 pts vs state
-0.22Rate spread (pts)-0.41 pts vs state
$286kMedian applicant income
1,514Loans originated
248Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,868 | 1,526 | 15.9% | 6.00% | #19 |
| 2024 | 2,448 | 1,195 | 13.8% | 6.25% | #28 |
| 2025 | 2,614 | 1,514 | 9.5% | 5.75% | #27 |
What Wells Fargo Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Wells Fargo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 1,502 | 906 | 113 | 7.5% |
| Snohomish County | 328 | 176 | 28 | 8.5% |
| Pierce County | 153 | 96 | 16 | 10.5% |
| Clark County | 101 | 54 | 15 | 14.9% |
| Spokane County | 67 | 44 | 6 | 9.0% |
| Kitsap County | 48 | 26 | 6 | 12.5% |
| Thurston County | 44 | 29 | 3 | 6.8% |
| Benton County | 35 | 16 | 3 | 8.6% |
| Whatcom County | 34 | 16 | 5 | 14.7% |
| Yakima County | 31 | 12 | 6 | 19.4% |
Other large lenders in Washington
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Boeing Employees Credit Union | B | 21,599 | 23.8% | 6.13% |
| Rocket Mortgage | C | 14,301 | 15.9% | 6.63% |
| United Shore Financial Services | B | 13,770 | 10.0% | 6.13% |
| Guild Mortgage | A | 8,056 | 3.4% | 6.63% |
| CMG Mortgage | A | 7,817 | 3.1% | 6.63% |
| Movement Mortgage | A | 7,472 | 3.6% | 6.63% |
| Bank of America | F | 6,986 | 27.0% | 5.99% |
| Crosscountry Mortgage | B | 6,903 | 3.1% | 6.63% |
| U.S. Bank | D | 6,568 | 27.6% | 6.63% |
| Newrez | D | 5,849 | 12.9% | 6.63% |
Frequently asked questions
Washington: 2,614 applications in 2025, of which 1,514 were originated and 248 denied.
9.5% of all applications, or 14.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Wells Fargo Bank originated in Washington in 2025 was 5.75%, against a statewide median of 6.63%.
About this data. Figures are Wells Fargo Bank's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology