BECKLEY Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Beckley averaged
6.75%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.95% and
one month ago for the week of 2025-05-29, the
average rate was 7.07%.
Beckley's average rate one year ago was 6.84%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.87%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Beckley 30 Year Fixed Rate | 2025-07-03 | 6.75% |
| Beckley 30 Year Fixed Rate Refi | 2025-07-03 | 6.87% |
| Beckley 15 Year Fixed Rate | 2025-07-03 | 6% |
| Beckley 15 Year Fixed Rate Refi | 2025-07-03 | 5.9% |
| Beckley 30 Year FHA | 2025-07-03 | 0.04% |
| Beckley 30 Year FHA Refi | 2025-07-03 | 0% |
| Beckley 30 Year USDA | 2025-07-03 | 0.1% |
| Beckley 30 Year USDA Refi | 2025-07-03 | 0.1% |
| Beckley 30 Year VA | 2025-07-03 | 0.4% |
| Beckley 30 Year VA Refi | 2025-07-03 | 0.2% |
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.).
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.