Pioneer West Virginia Mortgage Rates, Fees & Info

Charleston, WV

LEI: 5493003ST36V2G6YFH54

Tax ID: 55-0365729

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Pioneer West Virginia is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Pioneer West Virginia has a high proportion of conventional loans.

    Pioneer West Virginia has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    61

    Origination Dollar Volume (All Markets)

    $5,875,000

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Outside of Metro Areas 61 $5,875,000 $96,311 $0 0.00%
    Pioneer West Virginia's top markets include

    Their top states include:
  • West Virginia (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 61 $5,875,000 $96,311 $0 0.00%

    For 2023, Pioneer West Virginia's most frequently originated type of loan was Conventional, with 61 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 35 $2,905,000 $83,000 $0 0.00%
    Home Purchase 15 $2,045,000 $136,333 $0 0.00%
    Home Improvement 8 $570,000 $71,250 $0 0.00%
    Refi 3 $355,000 $118,333 $0 0.00%

    For 2023, Pioneer West Virginia's most frequently cited loan purpose was Cash Out Refi, with 35 originations. The 2nd most popular reason was Home Purchase, with 15 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 61 $5,875,000 $96,311 $0 0.00%

    For 2023, Pioneer West Virginia's most frequently cited loan duration was Other, with 61 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 39 $2,075,000 $53,205 $0 0.00%
    $100k-200k 15 $1,935,000 $129,000 $0 0.00%
    $200k-400k 6 $1,320,000 $220,000 $0 0.00%
    $400k-600k 1 $545,000 $545,000 $0 0.00%

    2023 saw Pioneer West Virginia place emphasis on $100,000 or less loans with 39 originations, totaling $2,075,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 16 $1,480,000 $92,500 $0 0.00%
    $50k-75k 15 $1,225,000 $81,667 $0 0.00%
    $150k-250k 11 $1,465,000 $133,182 $0 0.00%
    $75k-100k 11 $925,000 $84,091 $0 0.00%
    $50k or less 5 $215,000 $43,000 $0 0.00%
    $250k+ 3 $565,000 $188,333 $0 0.00%

    Pioneer West Virginia lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $50k-75k, with 15 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 59 $5,245,000 $88,898 $0 0.00%
    Asian 2 $630,000 $315,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    79.66%

    Pioneer West Virginia has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    65.57%

    Pioneer West Virginia has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 61 $5,875,000 $96,311

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    61 $5,875,000 $96,311