West Virginia Mortgage Lending
470 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 54,365 HMDA-reported mortgage applications in West Virginia in 2024, originating 27,168 loans and denying 11,274. That puts the statewide denial rate at 20.7% and the approval (origination) rate at 50.0%. The average loan amount across West Virginia was $180,868 at an average note rate of 6.96%. 470 distinct institutions — banks, credit unions, and independent mortgage companies — filed HMDA data covering activity in the state. Applications span 55 counties and 11 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups — for example, White applicants had an approval rate of 55.1% and denial rate of 22.3%; while Black or African American applicants had an approval rate of 50.7% and denial rate of 24.1%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include Berkeley County, Kanawha County, Jefferson County.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in West Virginia
Top HMDA-reporting lenders active in West Virginia. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | ROCKET MORTGAGE | 2,061 | 7.6% |
| 2 | City National Bank of WV | 1,834 | 6.8% |
| 3 | Huntington National Bank | 1,203 | 4.4% |
| 4 | WESBANCO BANK, INC. | 1,007 | 3.7% |
| 5 | TRUIST BANK | 848 | 3.1% |
Lending by Race in West Virginia
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 39,983 | 55.1% | 22.3% |
| Black or African American | 1,491 | 50.7% | 24.1% |
| Asian | 905 | 62.1% | 12.3% |
| Joint | 718 | 56.0% | 19.8% |
| American Indian or Alaska Native | 208 | 37.5% | 38.5% |
| 2 or more minority races | 58 | 39.7% | 27.6% |
| Native Hawaiian or Other Pacific Islander | 36 | 41.7% | 33.3% |
Counties in West Virginia
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Berkeley County | 8,112 | 4,196 | 15.7% | $237,357 |
| Kanawha County | 5,081 | 2,457 | 22.4% | $141,749 |
| Jefferson County | 3,947 | 2,166 | 12.7% | $294,972 |
| Monongalia County | 2,895 | 1,548 | 17.5% | $241,273 |
| Cabell County | 2,808 | 1,343 | 23.2% | $173,024 |
| Wood County | 2,296 | 1,229 | 20.9% | $145,854 |
| Raleigh County | 2,188 | 1,152 | 22.0% | $147,815 |
| Putnam County | 2,068 | 1,079 | 21.4% | $190,537 |
| Harrison County | 1,841 | 940 | 20.7% | $196,347 |
| Marion County | 1,649 | 842 | 21.0% | $156,146 |
| Mercer County | 1,419 | 623 | 23.3% | $136,078 |
| Wayne County | 1,055 | 444 | 28.9% | $115,171 |
| Ohio County | 989 | 553 | 18.7% | $166,466 |
| Greenbrier County | 975 | 471 | 23.1% | $168,333 |
| Fayette County | 953 | 475 | 24.0% | $137,487 |
| Morgan County | 876 | 469 | 14.7% | $213,630 |
| Hampshire County | 842 | 460 | 16.3% | $190,428 |
| Marshall County | 768 | 448 | 19.1% | $122,487 |
| Hancock County | 764 | 425 | 18.2% | $133,377 |
| Preston County | 763 | 396 | 18.4% | $170,662 |
| Jackson County | 763 | 366 | 26.2% | $144,790 |
| Mineral County | 698 | 383 | 14.6% | $163,381 |
| Mason County | 684 | 328 | 29.2% | $129,518 |
| Logan County | 619 | 254 | 34.4% | $116,906 |
| Nicholas County | 548 | 251 | 26.6% | $147,062 |
| Brooke County | 533 | 285 | 21.6% | $122,561 |
| Boone County | 520 | 197 | 33.1% | $117,750 |
| Upshur County | 503 | 193 | 27.4% | $141,918 |
| Randolph County | 494 | 210 | 25.1% | $150,789 |
| Hardy County | 408 | 254 | 16.2% | $210,809 |
| Lincoln County | 408 | 149 | 34.8% | $121,569 |
| Lewis County | 382 | 167 | 31.4% | $125,131 |
| Taylor County | 381 | 184 | 24.7% | $167,336 |
| Mingo County | 369 | 101 | 44.4% | $99,201 |
| Monroe County | 349 | 164 | 16.6% | $139,900 |
| Summers County | 314 | 142 | 24.8% | $125,287 |
| Roane County | 307 | 138 | 28.7% | $141,873 |
| Wyoming County | 304 | 115 | 26.6% | $102,368 |
| Wetzel County | 277 | 136 | 27.4% | $112,581 |
| Barbour County | 258 | 113 | 24.4% | $153,488 |
| Grant County | 246 | 145 | 16.3% | $148,902 |
| Braxton County | 223 | 100 | 25.1% | $112,040 |
| Clay County | 212 | 115 | 20.8% | $117,783 |
| Pocahontas County | 173 | 92 | 23.1% | $152,746 |
| Tucker County | 168 | 87 | 20.8% | $217,917 |
| McDowell County | 161 | 41 | 41.0% | $94,317 |
| Pendleton County | 142 | 82 | 16.2% | $170,141 |
| Ritchie County | 139 | 51 | 27.3% | $140,468 |
| Tyler County | 129 | 63 | 27.1% | $137,016 |
| Doddridge County | 128 | 59 | 21.9% | $151,484 |
| Pleasants County | 126 | 57 | 23.8% | $144,841 |
| Wirt County | 116 | 55 | 22.4% | $128,879 |
| Gilmer County | 104 | 42 | 31.7% | $123,654 |
| Calhoun County | 96 | 36 | 34.4% | $125,313 |
| Webster County | 88 | 33 | 38.6% | $96,591 |
Metro Areas in West Virginia
Frequently Asked Questions
How many mortgage applications were filed in West Virginia?
What is the mortgage denial rate in West Virginia?
What is the average mortgage loan amount in West Virginia?
How many mortgage lenders operate in West Virginia?
How do mortgage denial rates vary by demographics in West Virginia?
Which counties in West Virginia have the most mortgage activity?
Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.
