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 Refi loans. Pioneer West Virginia has a high proportion of conventional loans. Their top markets by origination volume include: Huntington, Charleston, Beckley, Columbus, and Palm Bay among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    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

    71

    Origination Dollar Volume (All Markets)

    $7,175,000

    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
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 28 $3,200,000 $114,286 $0 1,111.00%
    CHARLESTON, WV (FHA|USDA|VA) 36 $2,860,000 $79,444 $0 1,111.00%
    BECKLEY, WV (FHA|USDA|VA) 5 $425,000 $85,000 $0 1,111.00%
    COLUMBUS, OH (FHA|USDA|VA) 1 $385,000 $385,000 $0 1,111.00%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $305,000 $305,000 $0 1,111.00%
    Pioneer West Virginia's top markets include Huntington, Charleston, Beckley, Columbus, and Palm Bay among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 71 $7,175,000 $101,056 $0 1,111.00%

    For 2018, Pioneer West Virginia's most frequently originated type of loan was Conventional, with 71 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 33 $3,145,000 $95,303 $0 1,111.00%
    Refi 18 $2,150,000 $119,444 $0 1,111.00%
    Home Improvement 11 $865,000 $78,636 $0 1,111.00%
    Home Purchase 9 $1,015,000 $112,778 $0 1,111.00%

    For 2018, Pioneer West Virginia's most frequently cited loan purpose was Cash Out Refi, with 33 originations. The 2nd most popular reason was Refi, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30+ year 71 $7,175,000 $101,056 $0 1,111.00%

    For 2018, Pioneer West Virginia's most frequently cited loan duration was 30+ year, with 71 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 71 $7,175,000 $101,056

    During 2018, Pioneer West Virginia's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 71 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 44 $2,310,000 $52,500 $0 1,111.00%
    $100k-200k 20 $2,880,000 $144,000 $0 1,111.00%
    $200k-400k 7 $1,985,000 $283,571 $0 1,111.00%

    2018 saw Pioneer West Virginia place emphasis on $100,000 or less loans with 44 originations, totaling $2,310,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 24 $1,990,000 $82,917 $0 1,111.00%
    $50k or less 18 $1,020,000 $56,667 $0 1,111.00%
    $100k-150k 14 $1,650,000 $117,857 $0 1,111.00%
    $75k-100k 9 $1,035,000 $115,000 $0 1,111.00%
    $150k-250k 3 $745,000 $248,333 $0 1,111.00%
    $250k+ 3 $735,000 $245,000 $0 1,111.00%

    Pioneer West Virginia lent most frequently to those with incomes in the $50k-75k range, with 24 originations. The second most popular income band? $50k or less, with 18 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    >60% 71 $7,175,000 $101,056 $0 1,111.00%

    Pioneer West Virginia lent most frequently to those with DTI ratios of >60%, with 71 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 70 $7,120,000 $101,714 $0 1,111.00%
    Asian 1 $55,000 $55,000 $0 1,111.00%

    Approval Rates

    Total approvals of all applications
    80.31%

    Pioneer West Virginia has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    77.46%

    Pioneer West Virginia has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 71 $7,175,000 $101,056

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 71 $7,175,000 $101,056