Lenders › Wells Fargo Bank NA › Pennsylvania
Wells Fargo Bank NA in Pennsylvania
HMDA record for properties in Pennsylvania, calendar year 2024. National record · Pennsylvania 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 Pennsylvania, Wells Fargo Bank NA reported 3,090 applications and 1,446 originations for 2024, $509m in all.
Its denial rate in the state was 33.8%, above the Pennsylvania rate of 24.2% across all lenders and compared with the lender's national rate of 31.7%.
The median rate spread on its Pennsylvania originations was 0.1 percentage points (state median 0.3).
Applications in the state were down 28% on 2023.
Compared with the state and the lender's national record
| Measure | In Pennsylvania | Pennsylvania, all lenders | Wells Fargo Bank NA, all states | United States |
|---|---|---|---|---|
| Denial rate | 33.8% | 24.2% | 31.7% | 24.3% |
| Median rate spread, pp | 0.1 | 0.3 | -0.0 | 0.3 |
| Originations with spread of 1.5 pp or more | 4.0% | 14.1% | 2.2% | 15.6% |
| Average originated loan | $352k | $226k | $1.0m | $329k |
| Home purchase share | 62.5% | 48.7% | 66.4% | 57.0% |
| FHA-insured share | 2.8% | 9.8% | 2.3% | 13.4% |
| VA-guaranteed share | 1.5% | 4.0% | 2.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in statePennsylvania, all lenders
Loan purpose and loan type in Pennsylvania
By purpose
Home purchase 63% (904)Home improvement 2% (28)Refinancing 8% (121)Cash-out refinancing 23% (333)Other purpose 4% (60)
By type
Conventional 96% (1,384)FHA 3% (41)VA 1% (21)
Denial reasons as coded
Share of 743 denials in Pennsylvania by first denial reason coded (outlined bar: all lenders in the state).
Counties in Pennsylvania
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Philadelphia County | 474 | 195 | $44m | 43.6% |
| Montgomery County | 273 | 136 | $98m | 27.9% |
| Chester County | 186 | 96 | $103m | 23.2% |
| Bucks County | 185 | 90 | $37m | 22.9% |
| Allegheny County | 185 | 89 | $27m | 23.3% |
| Delaware County | 178 | 79 | $37m | 36.0% |
| Lehigh County | 140 | 65 | $16m | 30.1% |
| York County | 131 | 61 | $13m | 35.1% |
| Berks County | 131 | 59 | $13m | 41.6% |
| Lancaster County | 110 | 59 | $15m | 30.6% |
| Northampton County | 113 | 50 | $11m | 29.2% |
| Monroe County | 97 | 41 | $9.1m | 40.6% |
| Luzerne County | 89 | 40 | $5.7m | 43.8% |
| Cumberland County | 57 | 32 | $8.0m | 30.4% |
| Dauphin County | 78 | 30 | $6.1m | 40.0% |
| Westmoreland County | 53 | 28 | $6.1m | 14.7% |
| Lackawanna County | 71 | 27 | $6.2m | 50.9% |
| Schuylkill County | 56 | 27 | $3.6m | 42.6% |
| Carbon County | 37 | 25 | $5.1m | 13.8% |
| Pike County | 46 | 24 | $4.9m | 33.3% |
| Lebanon County | 51 | 20 | $3.8m | 43.2% |
| Washington County | 36 | 17 | $5.0m | 32.0% |
| Franklin County | 26 | 14 | $3.5m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Wells Fargo Bank NA originate in Pennsylvania in 2024?
1,446 loans totalling $509m, from 3,090 applications reported for properties in Pennsylvania.
What is Wells Fargo Bank NA's denial rate in Pennsylvania?
33.8% of decided applications in Pennsylvania were denied, against 24.2% 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 Pennsylvania counties does Wells Fargo Bank NA lend in most?
By originations: Philadelphia County (195), Montgomery County (136), Chester County (96), Bucks County (90), Allegheny County (89).
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 Pennsylvania. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.