Lenders › Wells Fargo Bank NA › Florida
Wells Fargo Bank NA in Florida
HMDA record for properties in Florida, calendar year 2024. National record · Florida overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Wells Fargo Bank NA's 2024 HMDA record for Florida covers 6,918 applications, 2,714 of them originated, worth $3.8bn.
Its denial rate in the state was 41.3%, above the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 31.7%.
The median rate spread on its Florida originations was -0.0 percentage points (state median 0.3).
Applications in the state were down 30% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Wells Fargo Bank NA, all states | United States |
|---|---|---|---|---|
| Denial rate | 41.3% | 29.0% | 31.7% | 24.3% |
| Median rate spread, pp | -0.0 | 0.3 | -0.0 | 0.3 |
| Originations with spread of 1.5 pp or more | 1.9% | 16.4% | 2.2% | 15.6% |
| Average originated loan | $1.4m | $359k | $1.0m | $329k |
| Home purchase share | 66.8% | 62.9% | 66.4% | 57.0% |
| FHA-insured share | 2.2% | 17.7% | 2.3% | 13.4% |
| VA-guaranteed share | 3.2% | 9.5% | 2.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 67% (1,813)Home improvement 3% (80)Refinancing 9% (232)Cash-out refinancing 15% (418)Other purpose 6% (171)
By type
Conventional 95% (2,567)FHA 2% (59)VA 3% (88)
Denial reasons as coded
Share of 1,923 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 646 | 232 | $134m | 46.6% |
| Miami-Dade County | 672 | 201 | $288m | 55.6% |
| Broward County | 655 | 178 | $1.2bn | 60.0% |
| Orange County | 357 | 142 | $208m | 37.4% |
| Lee County | 308 | 122 | $40m | 41.6% |
| Hillsborough County | 330 | 121 | $72m | 42.2% |
| Bay County | 179 | 119 | $40m | 16.8% |
| Pinellas County | 290 | 112 | $85m | 35.8% |
| Duval County | 260 | 100 | $31m | 38.4% |
| Pasco County | 192 | 88 | $41m | 35.3% |
| Brevard County | 221 | 86 | $28m | 33.3% |
| Collier County | 181 | 84 | $133m | 33.1% |
| Volusia County | 188 | 76 | $38m | 44.5% |
| Lake County | 146 | 76 | $25m | 28.3% |
| Sarasota County | 176 | 72 | $28m | 35.7% |
| Marion County | 165 | 72 | $16m | 35.1% |
| St. Johns County | 129 | 72 | $29m | 20.0% |
| Manatee County | 148 | 68 | $31m | 32.7% |
| Polk County | 167 | 66 | $47m | 42.6% |
| Seminole County | 143 | 59 | $23m | 38.5% |
| Sumter County | 78 | 50 | $15m | 7.4% |
| Charlotte County | 117 | 47 | $14m | 39.0% |
| Osceola County | 154 | 45 | $156m | 50.0% |
| Flagler County | 81 | 40 | $10m | 21.2% |
| Clay County | 67 | 39 | $12m | 18.8% |
| Leon County | 69 | 35 | $953m | 32.7% |
| St. Lucie County | 126 | 31 | $8.0m | 55.7% |
| Citrus County | 55 | 30 | $7.7m | 30.2% |
| Escambia County | 74 | 29 | $9.9m | 32.6% |
| Hernando County | 56 | 26 | $5.1m | 36.6% |
| Alachua County | 50 | 26 | $5.3m | 27.8% |
| Martin County | 66 | 22 | $7.2m | 42.1% |
| Walton County | 40 | 22 | $13m | 34.3% |
| Indian River County | 59 | 19 | $7.1m | 55.8% |
| Okaloosa County | 44 | 16 | $3.9m | 52.9% |
| Santa Rosa County | 38 | 16 | $3.6m | — |
| Monroe County | 25 | 13 | $13m | — |
| Highlands County | 31 | 11 | $2.0m | — |
| Nassau County | 26 | 11 | $3.8m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Wells Fargo Bank NA originate in Florida in 2024?
2,714 loans totalling $3.8bn, from 6,918 applications reported for properties in Florida.
What is Wells Fargo Bank NA's denial rate in Florida?
41.3% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 31.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Florida counties does Wells Fargo Bank NA lend in most?
By originations: Palm Beach County (232), Miami-Dade County (201), Broward County (178), Orange County (142), Lee County (122).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Florida. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.