Wells Fargo Bank · Wisconsin · 2025

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

Wells Fargo Bank took 906 mortgage applications in Wisconsin in 2025, ranking #55 of 938 lenders active in the state. It originated 65.1% of them and denied 11.7% (15.2% of the applications it decided), against a statewide denial rate of 14.0%.

906Applicationsin WI
15.2%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$225,000Median loanstate $165,000
$202MVolume67 counties

Wells Fargo Bank in Wisconsin vs the state

11.7%Denial rate-2.31 pts vs state
15.2%Decision denial rate-1.20 pts vs state
65.1%Origination rate-3.03 pts vs state
6.63%Median rate0.00 pts vs state
0.20Rate spread (pts)+0.08 pts vs state
$102kMedian applicant income
590Loans originated
106Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,08859522.5%6.63%#33
202496654519.1%6.50%#44
202590659011.7%6.63%#55

What Wells Fargo Bank lends in Wisconsin

By loan purpose

Home purchase 567 63% · 9.5% denied
Refinance 75 8% · 9.3% denied
Cash-out refinance 220 24% · 16.4% denied
Home improvement 18 2% · 11.1% denied
Other / HELOC 26 3% · 26.9% denied

By loan type

Conventional 832 92% · 10.9% denied
FHA 47 5% · 31.9% denied
VA 27 3% · 0.0% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 48 45%
Collateral 30 28%
Credit history 14 13%
Insufficient cash 6 6%
Other 5 5%
Unverifiable information 3 3%

Where in Wisconsin

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Outagamie County 117985 4.3%
Milwaukee County 894219 21.3%
Winnebago County 85694 4.7%
Brown County 71505 7.0%
Waukesha County 53327 13.2%
Dane County 52318 15.4%
St. Croix County 27230 0.0%
Sheboygan County 26192 7.7%
Calumet County 24192 8.3%
Racine County 22106 27.3%

Other large lenders in Wisconsin

LenderGradeApplicationsDenial rateMedian rate
Summit Credit UnionA 15,48313.8%6.75%
University of Wisconsin Credit UnionA 11,78113.8%6.50%
Landmark Credit UnionA 9,39317.7%6.50%
Rocket MortgageC 7,81918.0%6.63%
Associated BankB 7,45123.7%6.88%
BMO BankF 5,20225.3%8.23%
Educators Credit UnionB 4,93024.3%6.95%
U.S. BankD 4,71026.0%6.88%
Covantage Credit UnionB 4,5817.7%6.50%
United Shore Financial ServicesB 4,42111.8%6.38%

Frequently asked questions

Wisconsin: 906 applications in 2025, of which 590 were originated and 106 denied.

11.7% of all applications, or 15.2% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

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

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