Williamstown Bank Inc.

Williamstown, WV

Williamstown Bank Inc. processed 105 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 71 loans with a 14.3% denial rate. Home Purchase was the primary loan purpose. Based in Williamstown, WV. The approval rate of 67.6% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Williamstown Bank Inc. processed 105 HMDA-reported mortgage applications in 2024, originating 71 loans and denying 15 for a denial rate of 14.3% (applicants themselves withdrew 19 files before a decision). The average loan amount was $161,762. The lender reports under LEI 549300JDJ660YLLPS872 from Williamstown, WV.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Williamstown Bank Inc.'s 67.6% origination rate tells you how often an application turned into funded money; the 14.3% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (105 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

105
Applications
71
Originated
14.3%
Denial Rate
$161,762
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 105 71 15 $161,762

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Williamstown Bank Inc. (LEI: 549300JDJ660YLLPS872) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 48 30 $238,333
Other 27 20 $60,556
Refinancing 25 18 $116,200
Home Improvement 5 3 $201,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 69 65.2% 17.4%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 67 65.7% 17.9%

Nearby Lenders in WV

Other HMDA-reporting lenders in WV with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Williamstown Bank Inc. process?
Williamstown Bank Inc. processed 105 mortgage applications in the 2023 HMDA reporting year. Of these, 71 were originated (approved and funded), 19 were withdrawn by the applicant, and 15 were denied.
What is Williamstown Bank Inc.'s mortgage approval rate?
Williamstown Bank Inc. has an approval (origination) rate of 67.6%, meaning 67.6% of all applications resulted in a funded mortgage. The denial rate is 14.3%.
What is the average loan amount at Williamstown Bank Inc.?
The average mortgage loan amount at Williamstown Bank Inc. is $161,762.
What types of mortgage loans does Williamstown Bank Inc. offer?
Williamstown Bank Inc. processes Conventional loans. The most common type is Conventional with 105 applications and an average loan amount of $161,762.
What loan purposes does Williamstown Bank Inc. serve?
Williamstown Bank Inc. serves the following loan purposes: Home Purchase (48 applications), Other (27 applications), Refinancing (25 applications), Home Improvement (5 applications). Home Purchase is the most common purpose.
Where is Williamstown Bank Inc. located?
Williamstown Bank Inc. is headquartered in Williamstown, WV. The lender is identified by LEI 549300JDJ660YLLPS872 in HMDA data.
How does Williamstown Bank Inc. compare in lending across racial demographics?
Williamstown Bank Inc. reports demographic lending data under HMDA requirements. White applicants have an approval rate of 65.2% and denial rate of 17.4%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.