City National Bank Of West Virginia Mortgage Rates, Fees & InfoCharleston, WV
Tax ID: 55-0399323
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCity National Bank Of West Virginia is a smaller bank specializing in Home Purchase and Refi loans. City National Bank Of West Virginia has a high proportion of conventional loans. Their top markets by origination volume include: Huntington, Charleston, Hagerstown, Washington, and Beckley among others. We have data for 37 markets. (Some data included below & more in-depth data is available with an active subscription.)
City National Bank Of 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. City National Bank Of West Virginia is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||6.27%||9/25/23|
|30 Year Conventional Purchase||6.49%||9/25/23|
|30 Year Conventional Refi||6.93%||9/25/23|
|15 Year Conventional Purchase||5.81%||9/25/23|
|15 Year Conventional Refi||6.00%||9/25/23|
|15 Year Cash-out Refi||6.00%||9/25/23|
|These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.|
City National Bank Of West Virginia Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from City National Bank Of West Virginia. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$477,955,000
City National Bank of West Virginia - 2022
City National Bank of West Virginia is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
Work for City National Bank of West Virginia?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
City National Bank Of West Virginia's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -1.11%.
Relative Fees (Closing Costs)
City National Bank Of West Virginia's average total fees/closing costs for a 30 year fixed rate
mortgage were $1,502.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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)||890||$108,510,000||$121,921||$1,035||3.89%|
|Outside of Metro Areas||490||$61,920,000||$126,367||$1,232||4.07%|
|CHARLESTON, WV (FHA|USDA|VA)||522||$57,180,000||$109,540||$1,113||4.01%|
|HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA)||297||$45,705,000||$153,889||$1,399||3.74%|
|Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)||167||$31,645,000||$189,491||$1,530||3.82%|
|BECKLEY, WV (FHA|USDA|VA)||278||$28,250,000||$101,619||$924||4.22%|
|STAUNTON, VA (FHA|USDA|VA)||161||$27,635,000||$171,646||$1,299||3.97%|
|LEXINGTON-FAYETTE, KY (FHA|USDA|VA)||99||$19,505,000||$197,020||$1,631||3.83%|
|Clarksburg, WV (FHA|USDA|VA)||83||$17,065,000||$205,602||$1,758||4.05%|
|MORGANTOWN, WV (FHA|USDA|VA)||53||$15,705,000||$296,321||$1,858||4.21%|
|COLUMBUS, OH (FHA|USDA|VA)||10||$13,300,000||$1,330,000||$1,648||3.34%|
|WINCHESTER, VA-WV (FHA|USDA|VA)||68||$11,330,000||$166,618||$1,660||3.53%|
|Point Pleasant, WV-OH (FHA|USDA|VA)||64||$9,770,000||$152,656||$345||4.32%|
|CINCINNATI, OH-KY-IN (FHA|USDA|VA)||32||$8,780,000||$274,375||$0||5.28%|
|Fairmont, WV (FHA|USDA|VA)||40||$7,790,000||$194,750||$1,849||4.14%|
|Bluefield, WV-VA (FHA|USDA|VA)||31||$3,715,000||$119,839||$848||4.41%|
|Portsmouth, OH (FHA|USDA|VA)||10||$1,580,000||$158,000||$1,702||3.97%|
|Mount Sterling, KY (FHA|USDA|VA)||5||$1,015,000||$203,000||$3,892||2.77%|
|MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA)||1||$1,005,000||$1,005,000||$0||4.00%|
|PARKERSBURG-VIENNA, WV (FHA|USDA|VA)||6||$990,000||$165,000||$2,118||3.10%|
|Richmond-Berea, KY (FHA|USDA|VA)||3||$945,000||$315,000||$2,802||3.37%|
|Sevierville, TN (FHA|USDA|VA)||1||$655,000||$655,000||$0||4.00%|
|DAYTON-KETTERING, OH (FHA|USDA|VA)||3||$575,000||$191,667||$0||4.92%|
|Elkins, WV (FHA|USDA|VA)||4||$540,000||$135,000||$1,295||3.51%|
|HARRISONBURG, VA (FHA|USDA|VA)||2||$510,000||$255,000||$2,390||3.98%|
|Kill Devil Hills, NC (FHA|USDA|VA)||1||$405,000||$405,000||$0||5.13%|
|Mount Gay-Shamrock, WV (FHA|USDA|VA)||2||$360,000||$180,000||$1,149||4.50%|
|CHARLOTTESVILLE, VA (FHA|USDA|VA)||3||$325,000||$108,333||$1,955||3.60%|
|CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA)||1||$205,000||$205,000||$0||5.95%|
|CUMBERLAND, MD-WV (FHA|USDA|VA)||2||$200,000||$100,000||$2,021||4.23%|
|Frankfort, KY (FHA|USDA|VA)||1||$195,000||$195,000||$0||5.75%|
|WHEELING, WV-OH (FHA|USDA|VA)||1||$165,000||$165,000||$1,573||4.65%|
|LYNCHBURG, VA (FHA|USDA|VA)||1||$135,000||$135,000||$1,390||4.40%|
|CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)||1||$125,000||$125,000||$2,196||4.95%|
|Athens, OH (FHA|USDA|VA)||1||$85,000||$85,000||$150||5.15%|
|Maysville, KY (FHA|USDA|VA)||2||$70,000||$35,000||$0||3.75%|
|VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA)||1||$65,000||$65,000||$0||7.00%|
We use machine learning to identify the top lenders compared against City National Bank of West Virginia based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 12
Similarity Rank: 27
Similarity Rank: 154
Similarity Rank: 176
Similarity Rank: 231
Similarity Rank: 266
Similarity Rank: 280
Similarity Rank: 324
Similarity Rank: 375
Similarity Rank: 448
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, City National Bank Of West Virginia's most frequently originated type of loan was Conventional, with 2,245 originations. Their 2nd most popular type was HELOC, with 1,092 originations.
For 2022, City National Bank Of West Virginia's most frequently cited loan purpose was Home Purchase, with 1,087 originations. The 2nd most popular reason was Refi, with 935 originations.
For 2022, City National Bank Of West Virginia's most frequently cited loan duration was 30 Year, with 2,304 originations. The 2nd most popular length was 10 Year, with 371 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
City National Bank Of West Virginia's average total fees were $1,502, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,436 originations.
During 2022, City National Bank Of West Virginia's average interest rate for loans was 3.65%, while their most frequently originated rate bucket for loans was 4-5%, with 967 originations.
2022 saw City National Bank Of West Virginia place emphasis on $100,000 or less loans with 1,677 originations, totaling $84,705,000 in origination value.
City National Bank Of West Virginia lent most frequently to those with incomes in the $50k-75k range, with 728 originations. The second most popular income band? $100k-150k, with 652 originations.
Applicant Debt to Income Ratio
City National Bank Of West Virginia lent most frequently to those with DTI ratios of 20-30%, with 814 originations. The next most common DTI ratio? 30-36%, with 546 originations.
Approval RatesTotal approvals of all applications
City National Bank Of West Virginia has a below average approval rate.
Pick RateApprovals leading to origination
City National Bank Of West Virginia has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|