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2024 data HMDA 2024 disclosure official source

Wetzel County

277 mortgage applications, 27.4% denial rate. Verify FIPS 54103 with U.S. Census Bureau →

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West Virginia · FIPS 54103

Local mortgage market. Wetzel County, West Virginia saw 277 HMDA-reported mortgage applications in 2024. Lenders originated 136 of those loans and denied 76, producing a denial rate of 27.4% and an approval (origination) rate of 49.1%. The average loan amount was $112,581 at an average note rate of 6.65%, with applicants self-reporting average annual income of $33K. 27 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.4x, meaning typical borrowers took on mortgages of about 3.4 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 54103 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

277
Applications
136
Originated
27.4%
Denial Rate
49.1%
Approval Rate
$112,581
Avg Loan Amount
6.65%
Avg Interest Rate
$33K
Avg Applicant Income
3.4x
Loan-to-Income Ratio

Nearby Lenders in Wetzel County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Bayer Hfcu 52 38.2%
2 Wesbanco Bank, INC. 19 14.0%
3 Rocket Mortgage 17 12.5%
4 Peoples Bank 9 6.6%
5 First Exchange Bank 7 5.1%
Compare Bayer Hfcu vs Wesbanco Bank, INC. →

Frequently Asked Questions

How many mortgage applications were filed in Wetzel County?
In the 2024 HMDA reporting year, 277 mortgage applications were filed in Wetzel County, West Virginia. Of these, 136 were originated (approved and funded), while 76 were denied, resulting in a denial rate of 27.4%.
What is the mortgage denial rate in Wetzel County?
The mortgage denial rate in Wetzel County is 27.4%. The approval (origination) rate is 49.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Wetzel County?
The average mortgage loan amount in Wetzel County is $112,581. The average interest rate is 6.648%. The average applicant income is $33K.
What is the loan-to-income ratio in Wetzel County?
The average loan-to-income ratio in Wetzel County is 3.4x, meaning borrowers took on loans averaging 3.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Wetzel County?
The top mortgage lenders in Wetzel County by origination volume are Bayer Hfcu, Wesbanco Bank, INC., Rocket Mortgage. In total, 27 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.