# Wells Fargo Bank, National Association

> **Canonical URL:** https://saferate.com/lenders/wells-fargo-bank-national-association


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Wells Fargo Bank, National Association is a bank, headquartered in Sioux Falls, SD, serving borrowers nationwide, with 34,079 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 37% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 41% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** KB1H1DSPRFMYMCUFXT09
- **Headquarters:** Sioux Falls, SD
- **Geographic Reach:** National
- **States Served:** 51
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 63/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 59/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.017%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,660
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 34,079
- **Dollar Volume:** $18.3 billion
- **Applications Received:** 69,374
- **Market Share:** 96.00%

## Typical Borrower Profile

- **Average Loan Amount:** $535,523
- **Average Borrower Income:** $247,796
- **Average Property Value:** $839,480

## Safe Rate Awards 🏆

- 💎 **Jumbo Diamond Champion** (84%)
- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **VA Gold Superstar** (63%)
- ⭐ **Purchase Gold Superstar** (70%)
- ⭐ **Refinance Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 91/100 | 27,482 | +0.052% | $1,963 | Exceptional 🤩 |
| FHA | 74/100 | 681 | +0.424% | $2,831 | Strong 😀 |
| VA | 83/100 | 632 | -0.326% | $1,751 | Exceptional 🤩 |
| Jumbo | 99/100 | 5,284 | -0.404% | $-86 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 18,430 loans, Score: 91/100 (Exceptional)
- Refinance: 9,052 loans, Score: 89/100 (Exceptional)

**FHA:**
- Purchase: 374 loans, Score: 71/100 (Strong)
- Refinance: 307 loans, Score: 81/100 (Exceptional)

**VA:**
- Purchase: 632 loans, Score: 84/100 (Exceptional)

**Jumbo:**
- Purchase: 4,875 loans, Score: 100/100 (Exceptional)
- Refinance: 409 loans, Score: 93/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 92/100 | 24,311 | $15.3B | -0.033% | Exceptional 🤩 |
| Refinance | 90/100 | 9,768 | $3.0B | +0.024% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CA | 6,267 | 2.20% | 89/100 |
| NY | 2,546 | 2.25% | 88/100 |
| FL | 2,427 | 0.83% | 80/100 |
| TX | 2,264 | 0.65% | 81/100 |
| NC | 2,164 | 1.46% | 82/100 |
| NJ | 1,556 | 1.82% | 88/100 |
| GA | 1,450 | 1.05% | 82/100 |
| PA | 1,350 | 1.12% | 83/100 |
| MN | 1,187 | 1.84% | 82/100 |
| WA | 1,126 | 1.32% | 84/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 3,042 | 82/100 |
| New York | NY-NJ | 1,942 | 92/100 |
| San Jose | CA | 1,400 | 99/100 |
| Oakland | CA | 941 | 92/100 |
| Charlotte | NC-SC | 935 | 87/100 |
| Minneapolis | MN-WI | 880 | 81/100 |
| Los Angeles | CA | 878 | 83/100 |
| San Francisco | CA | 750 | 100/100 |
| Atlanta | GA | 730 | 80/100 |
| Seattle | WA | 675 | 86/100 |
| Houston | TX | 581 | 75/100 |
| Phoenix | AZ | 555 | 74/100 |
| Nassau County | NY | 553 | 82/100 |
| Lakewood | NJ | 482 | 83/100 |
| Chicago | IL | 469 | 73/100 |

## Where This Lender Ranks

Wells Fargo Bank, National Association appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Florida for Jumbo Loans
  - [View Full Rankings](https://saferate.com/florida/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Florida for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/florida/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Texas for Jumbo Loans
  - [View Full Rankings](https://saferate.com/texas/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Texas for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/texas/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in North Carolina for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/north-carolina/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in New Jersey for Jumbo Loans
  - [View Full Rankings](https://saferate.com/new-jersey/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in New Jersey for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-jersey/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Georgia for Jumbo Loans
  - [View Full Rankings](https://saferate.com/georgia/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Georgia for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/georgia/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in San Jose for Jumbo Loans
  - [View Full Rankings](https://saferate.com/san-jose/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in San Jose for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/san-jose/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Pennsylvania for Jumbo Loans
  - [View Full Rankings](https://saferate.com/pennsylvania/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Pennsylvania for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/pennsylvania/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Virginia for Jumbo Loans
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Virginia for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Charlotte for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/charlotte/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Arizona for Jumbo Loans
  - [View Full Rankings](https://saferate.com/arizona/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Arizona for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/arizona/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in South Carolina for Jumbo Loans
  - [View Full Rankings](https://saferate.com/south-carolina/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in South Carolina for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/south-carolina/best-mortgage-lenders/banks/jumbo-loans)

## Frequently Asked Questions

### What loan types does Wells Fargo Bank, National Association offer?

Wells Fargo Bank, National Association offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Wells Fargo Bank, National Association offer mortgages?

Wells Fargo Bank, National Association is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are Wells Fargo Bank, National Association's mortgage rates?

Wells Fargo Bank, National Association has a pricing score of 63/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.017% below market average.

### What type of lender is Wells Fargo Bank, National Association?

Wells Fargo Bank, National Association is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Sioux Falls, SD.

### What is Wells Fargo Bank, National Association's loan approval success rate?

Wells Fargo Bank, National Association has a pull-through score of 59/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/wells-fargo-bank-national-association

### How to Cite

> "Wells Fargo Bank, National Association Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/wells-fargo-bank-national-association

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