Compare Mortgage Lenders
Select two lenders to compare side by side using 2023 HMDA federal data: approval rates, denial rates, loan sizes, loan types, and geographic reach.
Key Metrics
| Metric | WESBANCO BANK, INC. | BAYER HFCU |
|---|---|---|
| Total Applications | 6,755 ▲ | 536 |
| Loans Originated | 4,430 | 349 |
| Approval Rate (higher is better) | 65.6% ✓ | 65.1% |
| Denial Rate (lower is better) | 17.7% ✓ | 17.9% |
| Avg Loan Amount | $295,922 | $100,653 |
| Avg Interest Rate (lower is better) | 5.683% ✓ | 6.252% |
| Avg Applicant Income | $34,000 | $34,000 |
| Applications Denied | 1,198 | 96 |
| Applications Withdrawn | 711 | 69 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | WESBANCO BANK, INC. | BAYER HFCU |
|---|---|---|
| Conventional | 6,056 (89.7%) | 536 (100.0%) |
| FHA | 560 (8.3%) | — |
| VA | 113 (1.7%) | — |
| USDA | 26 (0.4%) | — |
Loan Purpose Breakdown
| Purpose | WESBANCO BANK, INC. | BAYER HFCU |
|---|---|---|
| Home Purchase | 2,397 | 110 |
| Other | 1,809 | 52 |
| Home Improvement | 1,577 | — |
| Refinancing | 583 | 81 |
| Cash-out Refinancing | 389 | 293 |
Top States by Loan Volume
| State | Originated | Rank |
|---|---|---|
| West Virginia | 1,007 | #4 |
No state data available.
Summary
- 6,755 total applications · 4,430 originated
- Approval rate: 65.6%
- Denial rate: 17.7%
- Avg loan: $295,922
- Avg rate: 5.683%
- HQ: WHEELING, WV
- 536 total applications · 349 originated
- Approval rate: 65.1%
- Denial rate: 17.9%
- Avg loan: $100,653
- Avg rate: 6.252%
- HQ: NEW MARTINSVILLE, WV
Methodology
Comparisons are drawn from the CFPB 2024 HMDA Snapshot National Loan-Level Dataset, published by the Consumer Financial Protection Bureau and distributed via the FFIEC. Every figure on this page comes from lenders' mandatory HMDA filings — not voluntary marketing claims.
Approval (origination) rate = originated ÷ total applications. Denial rate = denied ÷ total applications. Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes. Denial rates reflect a lender's applicant mix as much as its underwriting stance; compare alongside loan-type mix and geography before drawing conclusions.
Side-by-side comparisons are informational only and do not constitute financial, legal, or mortgage advice. Always obtain and compare written Loan Estimates before applying.