BECKLEY Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Beckley averaged 6.69% for the week of 2025-06-18, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2025-06-12) was 6.72% and one month ago for the week of 2025-05-15, the average rate was 6.69%.

Beckley's average rate one year ago was 7.13%.

For refis of the same type during the week of 2025-06-18, the average rate was 7.11%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Beckley 30 Year Fixed Rate 2025-06-18 6.69%
Beckley 30 Year Fixed Rate Refi 2025-06-18 7.11%
Beckley 15 Year Fixed Rate 2025-06-18 5.86%
Beckley 15 Year Fixed Rate Refi 2025-06-18 6.06%
Beckley 30 Year FHA 2025-06-18 0.34%
Beckley 30 Year FHA Refi 2025-06-18 -0.1%
Beckley 30 Year USDA 2025-06-18 -0.2%
Beckley 30 Year USDA Refi 2025-06-18 0.1%
Beckley 30 Year VA 2025-06-18 0.2%
Beckley 30 Year VA Refi 2025-06-18 -0.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BECKLEY, WV.

BECKLEY Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BECKLEY, WV market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
City National Bank of West Virginia 82 6.51% $1,307
QUICKEN LOANS, LLC 58 7.00% $5,766
The Huntington National Bank 47 6.55% $4,012
MOVEMENT MORTGAGE, LLC 45 6.66% $4,527
Truist 32 6.53% $4,847
JPMorgan Chase Bank 18 6.93% $3,814
United Bank 9 6.55% $3,768
UNITED WHOLESALE MORTGAGE, LLC 9 6.83% $5,781
LOANDEPOT.COM, LLC 8 6.68% $5,752
T2 FINANCIAL LLC 7 7.07% $7,194
Alcova Mortgage LLC 6 7.12% $4,283
BROKER SOLUTIONS, INC. 5 7.53% $5,123
U.S. Bank 5 6.45% $3,377
Atlantic Union Bank 5 6.90% $4,192
Gateway First Bank 5 7.05% $4,815
Burke & Herbert Bank & Trust Company 5 7.00% $3,667
21ST MORTGAGE CORPORATION 5 8.79% $5,932
Summit Community Bank, Inc. 4 7.55% $3,281
First Community Bank 4 7.88% $3,373
Wells Fargo Bank 4 6.69% $5,486
WesBanco 3 6.88% $7,522
VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.17% $6,540
SUCCESS MORTGAGE PARTNERS, INC. 2 7.25% $7,226
Mr. Cooper ( Nationstar Mortgage ) 2 7.56% $6,421
USAA Federal Savings Bank 2 6.44% $6,054
NAVY FEDERAL CREDIT UNION 2 6.19% $2,729
NBKC BANK 2 6.88% $4,736
ZILLOW HOME LOANS, LLC 2 7.25% $4,649
Mortgage Research Center, LLC 2 6.81% $3,064
ROYAL UNITED MORTGAGE LLC 2 7.75% $5,166
Fifth Third Bank 2 7.56% $5,768
STAR USA FEDERAL CREDIT UNION 2 6.41% $3,448
CROSSCOUNTRY MORTGAGE, LLC 1 7.63% $4,279
Cornerstone First Mortgage, Inc 1 7.49% $14,061
NEWREZ LLC 1 6.63% $4,662
NFM, INC. 1 6.50% $4,170
Peoples Bank 1 6.38% $2,971
PNC Bank 1 6.50% $4,210
Prosperity Home Mortgage, LLC 1 8.13% $4,573
Community Trust Bank, Inc. 1 6.13% $4,325
CHURCHILL MORTGAGE CORPORATION 1 6.99% $3,696
Carrington Mortgage Services, LLC 1 6.63% $18,012
BETTER MORTGAGE CORPORATION 1 8.13% $2,369
THE MORTGAGE FIRM, INC. 1 6.75% $4,909
The Park National Bank 1 7.00% $4,696
TOWNE MORTGAGE COMPANY 1 8.00% $5,567
Barrington Bank & Trust Company, N.A. 1 6.49% $3,949
UNION HOME MORTGAGE CORP. 1 7.50% $4,930
Bank of America 1 5.88% $4,361
AMERICAN HERITAGE LENDING, INC. 1 8.50% $9,380
FIRST COLONY MORTGAGE CORPORATION 1 6.38% $9,189
Victorian Finance, LLC 1 6.49% $3,441
Farmers Bank & Trust 1 7.13% $2,961
Ally Bank 1 6.00% $6,176
First Federal Bank 1 7.00% $3,407
FIRST HOME MORTGAGE CORPORATION 1 7.49% $3,840
First National Bank of Pennsylvania 1 6.63% $4,349
First Reliance Bank 1 6.38% $3,455
Flagstar Bank, FSB 1 7.63% $2,504
Discover Bank 1 7.31% $0
GUARANTEED RATE, INC. 1 6.99% $4,623
HOMESPIRE MORTGAGE CORPORATION 1 5.33% $3,647
Ixonia Bank 1 6.99% $5,832
Deere Employees Credit Union 1 6.38% $3,480
LENOX FINANCIAL MORTGAGE CORPORATION 1 6.37% $3,898

BECKLEY Average Closing Costs & Other Stats

BECKLEY, WV's 65 lenders originated 1,627 loans during 2024. The total origination value was $253,215,000, with an average loan value of $155,633.

BECKLEY's average closing costs are $4,410.

The top BECKLEY lender as defined by loan originations is City National Bank of West Virginia, with 82 loans originated. Their average total fees are $1,307, which is $4,458 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee BECKLEY lenders (with over 10 loans originated) are City National Bank of West Virginia ($1,307), JPMorgan Chase Bank ($3,814), The Huntington National Bank ($4,012), MOVEMENT MORTGAGE, LLC ($4,527) and Truist ($4,847).

The lowest rate BECKLEY lenders (with over 10 loans originated) are City National Bank of West Virginia (6.51%), Truist (6.53%), The Huntington National Bank (6.55%), MOVEMENT MORTGAGE, LLC (6.66%) and JPMorgan Chase Bank (6.93%).

BECKLEY, WV Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
City National Bank of West Virginia $27,570,000 $32,095,000 16.4% 12.7%
MOVEMENT MORTGAGE, LLC $15,320,000 $24,835,000 62.1% 9.8%
QUICKEN LOANS, LLC $17,645,000 $22,955,000 30.1% 9.1%
The Huntington National Bank $17,740,000 $20,295,000 14.4% 8.0%
Truist $11,525,000 $14,135,000 22.6% 5.6%
Pioneer Community Bank $11,190,000 n/a 4.4%
Mortgage Research Center, LLC $6,985,000 $10,650,000 52.5% 4.2%
Fayette County National Bank $6,865,000 $7,915,000 15.3% 3.1%
United Bank $4,045,000 $6,025,000 48.9% 2.4%
LOANDEPOT.COM, LLC $4,785,000 $5,730,000 19.7% 2.3%
UNITED WHOLESALE MORTGAGE, LLC $1,420,000 $4,660,000 228.2% 1.8%
VANDERBILT MORTGAGE AND FINANCE, INC. $4,880,000 $4,510,000 -7.6% 1.8%
JPMorgan Chase Bank $2,490,000 $3,930,000 57.8% 1.6%
Pendleton Community Bank, Inc. $3,815,000 $3,705,000 -2.9% 1.5%
NAVY FEDERAL CREDIT UNION $1,705,000 $3,655,000 114.4% 1.4%
Alcova Mortgage LLC $3,640,000 $3,600,000 -1.1% 1.4%
21ST MORTGAGE CORPORATION $1,100,000 $3,120,000 183.6% 1.2%
U.S. Bank $3,920,000 $3,080,000 -21.4% 1.2%
Gateway First Bank $470,000 $2,905,000 518.1% 1.1%
Whitesville State Bank $2,340,000 $2,790,000 19.2% 1.1%
T2 FINANCIAL LLC $2,335,000 $2,640,000 13.1% 1.0%
First Community Bank $6,535,000 $2,360,000 -63.9% 0.9%
Burke & Herbert Bank & Trust Company $2,230,000 n/a 0.9%
Summit Community Bank, Inc. $3,685,000 $2,225,000 -39.6% 0.9%
Atlantic Union Bank $1,760,000 $2,115,000 20.2% 0.8%
BROKER SOLUTIONS, INC. $1,985,000 $2,065,000 4.0% 0.8%
PENNYMAC LOAN SERVICES, LLC $730,000 $2,020,000 176.7% 0.8%
USAA Federal Savings Bank $1,490,000 $2,020,000 35.6% 0.8%
FREEDOM MORTGAGE CORPORATION $805,000 $1,930,000 139.8% 0.8%
Arbor Realty Trust, Inc. $1,885,000 n/a 0.7%
Skyline National Bank $1,615,000 n/a 0.6%
AMERISAVE MORTGAGE CORPORATION $2,135,000 $1,580,000 -26.0% 0.6%
WesBanco $840,000 $1,540,000 83.3% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $965,000 $1,305,000 35.2% 0.5%
SUCCESS MORTGAGE PARTNERS, INC. $115,000 $1,245,000 982.6% 0.5%
ROYAL UNITED MORTGAGE LLC $345,000 $1,185,000 243.5% 0.5%
Carrington Mortgage Services, LLC $265,000 $1,155,000 335.8% 0.5%
MCNB Bank and Trust Co. $2,595,000 $1,060,000 -59.2% 0.4%
NEWREZ LLC $500,000 $1,025,000 105.0% 0.4%
CFSBANK $1,015,000 n/a 0.4%
The Poca Valley Bank, Inc. $270,000 $880,000 225.9% 0.3%
Bank of America $470,000 $855,000 81.9% 0.3%
Peoples Bank $125,000 $840,000 572.0% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,700,000 $825,000 -51.5% 0.3%
Community Trust Bank, Inc. $560,000 $815,000 45.5% 0.3%
Clay County Bank, Inc. $575,000 $755,000 31.3% 0.3%
Barrington Bank & Trust Company, N.A. $115,000 $730,000 534.8% 0.3%
VILLAGE CAPITAL MORTGAGE $665,000 n/a 0.3%
CROSSCOUNTRY MORTGAGE, LLC $615,000 $645,000 4.9% 0.3%
Fifth Third Bank $225,000 $610,000 171.1% 0.2%
ZILLOW HOME LOANS, LLC $625,000 $590,000 -5.6% 0.2%
First National Bank of Pennsylvania $585,000 n/a 0.2%
Cornerstone First Mortgage, Inc $535,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $125,000 $535,000 328.0% 0.2%
Flagstar Bank, FSB $500,000 n/a 0.2%
STAR USA FEDERAL CREDIT UNION $380,000 $500,000 31.6% 0.2%
THE MORTGAGE FIRM, INC. $500,000 n/a 0.2%
First Federal Bank $470,000 n/a 0.2%
Wells Fargo Bank $470,000 n/a 0.2%
CMG MORTGAGE, INC. $465,000 n/a 0.2%
Waterstone Mortgage Corporation $465,000 n/a 0.2%
GUARANTEED RATE, INC. $315,000 $445,000 41.3% 0.2%
GUIDANCE RESIDENTIAL, LLC $405,000 n/a 0.2%
LegacyBank $370,000 n/a 0.1%
NBKC BANK $335,000 n/a 0.1%
Hometown Equity Mortgage, LLC $330,000 n/a 0.1%
ENVOY MORTGAGE, LTD $325,000 n/a 0.1%
First Reliance Bank $210,000 $325,000 54.8% 0.1%
The Park National Bank $305,000 n/a 0.1%
PNC Bank $1,240,000 $300,000 -75.8% 0.1%
Texana Bank $295,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $290,000 n/a 0.1%
TOWNE MORTGAGE COMPANY $290,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $275,000 n/a 0.1%
Ixonia Bank $275,000 n/a 0.1%
Equity Prime Mortgage LLC $265,000 n/a 0.1%
HOMESPIRE MORTGAGE CORPORATION $125,000 $265,000 112.0% 0.1%
LENOX FINANCIAL MORTGAGE CORPORATION $265,000 n/a 0.1%
Discover Bank $180,000 $260,000 44.4% 0.1%
TOWER $255,000 n/a 0.1%
Northpointe Bank $215,000 $245,000 14.0% 0.1%
Blue Ridge Bank $460,000 $240,000 -47.8% 0.1%
HOMESIDE FINANCIAL, LLC $235,000 n/a 0.1%
AMERICAN HERITAGE LENDING, INC. $230,000 n/a 0.1%
FIRST HOME MORTGAGE CORPORATION $225,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $225,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $215,000 $215,000 0.0% 0.1%
FIRST COLONY MORTGAGE CORPORATION $135,000 $210,000 55.6% 0.1%
SOUTHWEST STAGE FUNDING, LLC $155,000 $195,000 25.8% 0.1%
Ally Bank $75,000 $185,000 146.7% 0.1%
Farmers Bank & Trust $185,000 n/a 0.1%
THE STATE CREDIT UNION $205,000 $180,000 -12.2% 0.1%
NEW WAVE LENDING GROUP INC $175,000 n/a 0.1%
CARDINAL FINANCIAL $555,000 $170,000 -69.4% 0.1%
NEXERA HOLDING LLC $165,000 n/a 0.1%
Prosperity Home Mortgage, LLC $165,000 n/a 0.1%
DEEPHAVEN MORTGAGE LLC $155,000 n/a 0.1%
Deere Employees Credit Union $155,000 n/a 0.1%
NFM, INC. $505,000 $145,000 -71.3% 0.1%
STOCKTON MORTGAGE CORPORATION $145,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $145,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $440,000 $135,000 -69.3% 0.1%
PHH Mortgage Corporation $135,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $95,000 $135,000 42.1% 0.1%
FINANCE OF AMERICA REVERSE LLC $130,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $125,000 n/a 0.0%
PROPONENT Federal Credit Union $125,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $105,000 $115,000 9.5% 0.0%
INTERNATIONAL CITY MORTGAGE, INC. $115,000 n/a 0.0%
EASTMAN $15,000 $95,000 533.3% 0.0%
ASHLAND Credit Union $100,000 $90,000 -10.0% 0.0%
CHURCHILL MORTGAGE CORPORATION $240,000 $85,000 -64.6% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $85,000 n/a 0.0%
Victorian Finance, LLC $1,575,000 $85,000 -94.6% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $75,000 n/a 0.0%
BAYER HERITAGE $305,000 $65,000 -78.7% 0.0%
JUSTICE Federal Credit Union $65,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $55,000 $65,000 18.2% 0.0%
WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION $65,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $55,000 n/a 0.0%
CAMPUS USA $35,000 n/a 0.0%
FIRST BANCORP $35,000 n/a 0.0%
First-Citizens Bank & Trust Company $35,000 n/a 0.0%
Signature Federal Credit Union $55,000 $35,000 -36.4% 0.0%
Members Choice WV Federal Credit Union $15,000 n/a 0.0%

BECKLEY's top lender by overall market share is City National Bank of West Virginia, with 12.7% market share. In second place, with 9.8%, is MOVEMENT MORTGAGE, LLC, having originated $24,835,000 in loans. In third place, with 9.1%, is QUICKEN LOANS, LLC, having originated $22,955,000 in loans. In fourth place, with 8.0%, is The Huntington National Bank, having originated $20,295,000 in loans. In fifth place, with 5.6%, is Truist, having originated $14,135,000 in loans.

BECKLEY, WV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 932 $174,030,000 $186,727
Refi 205 $26,405,000 $128,805
Cash Out Refi 197 $29,505,000 $149,772
Home Improvement 153 $13,365,000 $87,353
Other 140 $9,910,000 $70,786

Beckley's most frequently cited loan purpose was Home Purchase, with 932 originations. The 2nd most popular reason was Refi, with 205 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 652 $113,910,000 $174,709
7-8% 278 $43,530,000 $156,583
Over 8% 246 $22,660,000 $92,114
5-6% 180 $35,990,000 $199,944
2.5-3% 47 $3,005,000 $63,936
4-5% 7 $1,515,000 $216,429
<2.5% 3 $15,000 $5,000
3-4% 1 $895,000 $895,000

During 2024, Beckley's most frequently originated rate bucket was 6-7%, with 652 originations.

Loan Sizing (BECKLEY, WV MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 644 $37,130,000 $57,655
$100k-200k 591 $84,245,000 $142,547
$200k-400k 318 $84,860,000 $266,855
$400k-600k 54 $25,800,000 $477,778
$600k-1000k 13 $9,785,000 $752,692
$Over $1MM 7 $11,395,000 $1,627,857

BECKLEY's loan sizing saw the bucket of loans from $100,000 or less with 644 originations, totaling $37,130,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 711 $135,305,000 $190,302
60-80% 218 $39,360,000 $180,550
20-40% 203 $15,465,000 $76,182
Under 20% 132 $4,850,000 $36,742
40-60% 130 $20,880,000 $160,615
Over 100% 11 $2,535,000 $230,455

BECKLEY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 711 originations, totaling $135,305,000 in origination value.