Lenders › Wells Fargo Bank NA › New York
Wells Fargo Bank NA in New York
HMDA record for properties in New York, calendar year 2024. National record · New York 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.
In New York, Wells Fargo Bank NA reported 5,264 applications and 2,727 originations for 2024, $6.2bn in all.
Its denial rate in the state was 25.1%, close to the New York rate of 25.4% across all lenders and compared with the lender's national rate of 31.7%.
The median rate spread on its New York originations was -0.2 percentage points (state median 0.3).
Applications in the state were down 23% on 2023.
Compared with the state and the lender's national record
| Measure | In New York | New York, all lenders | Wells Fargo Bank NA, all states | United States |
|---|---|---|---|---|
| Denial rate | 25.1% | 25.4% | 31.7% | 24.3% |
| Median rate spread, pp | -0.2 | 0.3 | -0.0 | 0.3 |
| Originations with spread of 1.5 pp or more | 1.1% | 15.0% | 2.2% | 15.6% |
| Average originated loan | $2.3m | $446k | $1.0m | $329k |
| Home purchase share | 80.9% | 55.3% | 66.4% | 57.0% |
| FHA-insured share | 1.4% | 7.4% | 2.3% | 13.4% |
| VA-guaranteed share | 0.7% | 2.4% | 2.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNew York, all lenders
Loan purpose and loan type in New York
By purpose
Home purchase 81% (2,206)Home improvement 1% (20)Refinancing 8% (212)Cash-out refinancing 8% (227)Other purpose 2% (62)
By type
Conventional 98% (2,672)FHA 1% (37)VA 1% (18)
Denial reasons as coded
Share of 921 denials in New York by first denial reason coded (outlined bar: all lenders in the state).
Counties in New York
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| New York County | 1,126 | 636 | $2.7bn | 19.2% |
| Westchester County | 626 | 391 | $391m | 14.3% |
| Kings County | 727 | 376 | $1.2bn | 22.4% |
| Suffolk County | 548 | 296 | $267m | 24.0% |
| Nassau County | 550 | 294 | $317m | 22.2% |
| Queens County | 476 | 214 | $841m | 31.8% |
| Bronx County | 159 | 66 | $221m | 38.0% |
| Erie County | 98 | 44 | $12m | 39.5% |
| Dutchess County | 79 | 37 | $14m | 35.1% |
| Richmond County | 77 | 36 | $93m | 37.9% |
| Orange County | 73 | 31 | $9.4m | 40.4% |
| Rockland County | 66 | 29 | $15m | 30.2% |
| Monroe County | 58 | 22 | $3.9m | 42.1% |
| Putnam County | 40 | 22 | $12m | 21.4% |
| Onondaga County | 54 | 17 | $3.7m | 52.8% |
| Saratoga County | 34 | 15 | $3.3m | — |
| Oneida County | 27 | 13 | $2.4m | — |
| Broome County | 26 | 11 | $1.8m | — |
| Albany County | 26 | 11 | $2.5m | — |
| Niagara County | 28 | 10 | $19m | — |
| Sullivan County | 26 | 10 | $3.9m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Wells Fargo Bank NA originate in New York in 2024?
2,727 loans totalling $6.2bn, from 5,264 applications reported for properties in New York.
What is Wells Fargo Bank NA's denial rate in New York?
25.1% of decided applications in New York were denied, against 25.4% 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 New York counties does Wells Fargo Bank NA lend in most?
By originations: New York County (636), Westchester County (391), Kings County (376), Suffolk County (296), Nassau County (294).
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 New York. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.