CHARLESTON Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Charleston averaged
6.68%
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
6.91% and
one month ago for the week of 2025-05-15, the
average rate was 6.58%.
Charleston's average rate one year ago was 6.82%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.57%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Charleston 30 Year Fixed Rate | 2025-06-18 | 6.68% |
| Charleston 30 Year Fixed Rate Refi | 2025-06-18 | 7.57% |
| Charleston 15 Year Fixed Rate | 2025-06-18 | 5.86% |
| Charleston 15 Year Fixed Rate Refi | 2025-06-18 | 6.36% |
| Charleston 30 Year FHA | 2025-06-18 | -0.04% |
| Charleston 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Charleston 30 Year USDA | 2025-06-18 | -0.1% |
| Charleston 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Charleston 30 Year VA | 2025-06-18 | 0.39% |
| Charleston 30 Year VA Refi | 2025-06-18 | 0% |
CHARLESTON 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 CHARLESTON, 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.).
CHARLESTON Average Closing Costs & Other Stats
CHARLESTON, WV's 83 lenders originated 3,284
loans during 2024. The total origination value was $488,910,000, with an average loan value of
$148,876.
CHARLESTON's average closing costs are $4,406.
The top CHARLESTON lender as defined by loan originations is City National Bank of West Virginia, with
112 loans originated. Their average total fees are
$1,748, which is $3,819
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee CHARLESTON lenders (with over 10 loans originated) are
City National Bank of West Virginia ($1,748), JPMorgan Chase Bank ($3,412), WesBanco ($3,672), Peoples Bank ($3,751) and Burke & Herbert Bank & Trust Company ($3,780).
The lowest rate CHARLESTON lenders (with over 10 loans originated) are
WesBanco (6.18%), United Bank (6.41%), City National Bank of West Virginia (6.41%), Peoples Bank (6.41%) and LOANDEPOT.COM, LLC (6.50%).
CHARLESTON, 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 | $47,505,000 | $41,970,000 | -11.7% | 8.6% |
| QUICKEN LOANS, LLC | $27,745,000 | $34,140,000 | 23.0% | 7.0% |
| Gateway First Bank | $25,370,000 | $31,035,000 | 22.3% | 6.3% |
| LOANDEPOT.COM, LLC | $29,450,000 | $25,680,000 | -12.8% | 5.3% |
| Victorian Finance, LLC | $22,605,000 | $22,560,000 | -0.2% | 4.6% |
| Mortgage Research Center, LLC | $11,565,000 | $20,795,000 | 79.8% | 4.3% |
| The Poca Valley Bank, Inc. | $28,615,000 | $20,035,000 | -30.0% | 4.1% |
| The Huntington National Bank | $14,120,000 | $18,055,000 | 27.9% | 3.7% |
| WesBanco | $16,310,000 | $17,335,000 | 6.3% | 3.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $16,965,000 | $16,490,000 | -2.8% | 3.4% |
| Truist | $17,970,000 | $15,650,000 | -12.9% | 3.2% |
| GUARANTEED RATE, INC. | $5,485,000 | $12,460,000 | 127.2% | 2.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,610,000 | $11,440,000 | 338.3% | 2.3% |
| MOVEMENT MORTGAGE, LLC | $12,355,000 | $10,655,000 | -13.8% | 2.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $7,430,000 | $9,945,000 | 33.8% | 2.0% |
| United Bank | $9,535,000 | $9,670,000 | 1.4% | 2.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $11,560,000 | $8,765,000 | -24.2% | 1.8% |
| SUCCESS MORTGAGE PARTNERS, INC. | $5,885,000 | $8,590,000 | 46.0% | 1.8% |
| JPMorgan Chase Bank | $13,580,000 | $8,100,000 | -40.4% | 1.7% |
| Fifth Third Bank | $6,070,000 | $7,330,000 | 20.8% | 1.5% |
| Clay County Bank, Inc. | $5,150,000 | $7,175,000 | 39.3% | 1.5% |
| Burke & Herbert Bank & Trust Company | $7,130,000 | n/a | 1.5% | |
| HOMESPIRE MORTGAGE CORPORATION | $3,905,000 | $6,930,000 | 77.5% | 1.4% |
| Putnam County Bank | $6,970,000 | $5,080,000 | -27.1% | 1.0% |
| Logan Bank & Trust Company | $2,515,000 | $5,010,000 | 99.2% | 1.0% |
| Peoples Bank | $3,645,000 | $4,935,000 | 35.4% | 1.0% |
| Summit Community Bank, Inc. | $14,280,000 | $4,835,000 | -66.1% | 1.0% |
| PENNYMAC LOAN SERVICES, LLC | $1,820,000 | $3,910,000 | 114.8% | 0.8% |
| CAMC Federal Credit Union | $1,905,000 | $3,595,000 | 88.7% | 0.7% |
| The Ohio Valley Bank Company | $2,020,000 | $3,475,000 | 72.0% | 0.7% |
| THE STATE CREDIT UNION | $2,010,000 | $3,365,000 | 67.4% | 0.7% |
| FREEDOM MORTGAGE CORPORATION | $1,575,000 | $3,105,000 | 97.1% | 0.6% |
| WALKER & DUNLOP, LLC | $3,055,000 | n/a | 0.6% | |
| Community Trust Bank, Inc. | $1,905,000 | $2,895,000 | 52.0% | 0.6% |
| BROKER SOLUTIONS, INC. | $3,245,000 | $2,830,000 | -12.8% | 0.6% |
| USAA Federal Savings Bank | $1,250,000 | $2,805,000 | 124.4% | 0.6% |
| Bank of America | $430,000 | $2,695,000 | 526.7% | 0.6% |
| WEST VIRGINIA FEDERAL CREDIT UNION | $3,475,000 | $2,305,000 | -33.7% | 0.5% |
| STOCKTON MORTGAGE CORPORATION | $2,110,000 | n/a | 0.4% | |
| NAVY FEDERAL CREDIT UNION | $4,825,000 | $2,065,000 | -57.2% | 0.4% |
| Community Bank of Parkersburg | $405,000 | $2,000,000 | 393.8% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $4,350,000 | $1,930,000 | -55.6% | 0.4% |
| U.S. Bank | $4,915,000 | $1,800,000 | -63.4% | 0.4% |
| Equity Prime Mortgage LLC | $750,000 | $1,650,000 | 120.0% | 0.3% |
| 21ST MORTGAGE CORPORATION | $475,000 | $1,635,000 | 244.2% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,680,000 | $1,550,000 | -7.7% | 0.3% |
| UNION HOME MORTGAGE CORP. | $2,830,000 | $1,540,000 | -45.6% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $1,370,000 | $1,525,000 | 11.3% | 0.3% |
| First National Bank of Pennsylvania | $275,000 | $1,515,000 | 450.9% | 0.3% |
| Whitesville State Bank | $2,235,000 | $1,495,000 | -33.1% | 0.3% |
| Members Choice WV Federal Credit Union | $820,000 | $1,450,000 | 76.8% | 0.3% |
| PLANET HOME LENDING, LLC | $35,000 | $1,390,000 | 3,871.4% | 0.3% |
| ROYAL UNITED MORTGAGE LLC | $895,000 | $1,050,000 | 17.3% | 0.2% |
| NEWREZ LLC | $170,000 | $990,000 | 482.4% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $180,000 | $990,000 | 450.0% | 0.2% |
| NBKC BANK | $630,000 | $965,000 | 53.2% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $940,000 | n/a | 0.2% | |
| Armed Forces Bank | $185,000 | $935,000 | 405.4% | 0.2% |
| Carrington Mortgage Services, LLC | $755,000 | $915,000 | 21.2% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $810,000 | n/a | 0.2% | |
| BNY Mellon | $805,000 | n/a | 0.2% | |
| POLARIS HOME FUNDING CORP. | $2,015,000 | $805,000 | -60.0% | 0.2% |
| Nations Lending Corporation | $475,000 | $785,000 | 65.3% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $780,000 | n/a | 0.2% | |
| Williamstown Bank, Inc | $785,000 | $745,000 | -5.1% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $570,000 | $740,000 | 29.8% | 0.2% |
| Discover Bank | $870,000 | $735,000 | -15.5% | 0.2% |
| LENDSURE MORTGAGE CORP. | $650,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $580,000 | $620,000 | 6.9% | 0.1% |
| Peoples Bank | $3,645,000 | $620,000 | -83.0% | 0.1% |
| CMG MORTGAGE, INC. | $275,000 | $605,000 | 120.0% | 0.1% |
| Morgan Stanley Private Bank | $605,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $115,000 | $590,000 | 413.0% | 0.1% |
| DAS Acquisition Company, LLC | $310,000 | $575,000 | 85.5% | 0.1% |
| TOWNE MORTGAGE COMPANY | $545,000 | n/a | 0.1% | |
| BMO Harris Bank | $535,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $535,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $525,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $525,000 | n/a | 0.1% | |
| The Farmers Bank & Savings Company | $615,000 | $525,000 | -14.6% | 0.1% |
| Ally Bank | $935,000 | $515,000 | -44.9% | 0.1% |
| ZILLOW HOME LOANS, LLC | $535,000 | $510,000 | -4.7% | 0.1% |
| Cornerstone First Mortgage, Inc | $495,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $480,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $420,000 | n/a | 0.1% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $395,000 | n/a | 0.1% | |
| PNC Bank | $1,240,000 | $380,000 | -69.4% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $515,000 | $365,000 | -29.1% | 0.1% |
| BETTER MORTGAGE CORPORATION | $385,000 | $360,000 | -6.5% | 0.1% |
| GoPrime Mortgage, Inc. | $360,000 | n/a | 0.1% | |
| Huntington Federal Savings Bank | $665,000 | $355,000 | -46.6% | 0.1% |
| Plains Commerce Bank | $355,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $345,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $85,000 | $335,000 | 294.1% | 0.1% |
| Atlantic Union Bank | $235,000 | $330,000 | 40.4% | 0.1% |
| PHH Mortgage Corporation | $190,000 | $320,000 | 68.4% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $315,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $850,000 | $300,000 | -64.7% | 0.1% |
| Clear Mountain Bank | $295,000 | n/a | 0.1% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $280,000 | n/a | 0.1% | |
| FIRST NEIGHBORHOOD BANK INC | $1,190,000 | $275,000 | -76.9% | 0.1% |
| STAR USA FEDERAL CREDIT UNION | $475,000 | $270,000 | -43.2% | 0.1% |
| First Federal Bank of the Midwest | $685,000 | $265,000 | -61.3% | 0.1% |
| Pioneer Community Bank | $265,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $145,000 | $260,000 | 79.3% | 0.1% |
| MORTGAGE ACCESS CORP. | $260,000 | n/a | 0.1% | |
| Century Mortgage Company DBA Century Lending Company | $255,000 | n/a | 0.1% | |
| WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION | $185,000 | $255,000 | 37.8% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $250,000 | n/a | 0.1% | |
| The Central Trust Bank | $245,000 | n/a | 0.1% | |
| The Federal Savings Bank | $1,260,000 | $245,000 | -80.6% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $235,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $235,000 | n/a | 0.0% | |
| Magnolia Bank | $225,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $2,350,000 | $225,000 | -90.4% | 0.0% |
| INTERCOASTAL MORTGAGE COMPANY | $485,000 | $215,000 | -55.7% | 0.0% |
| Wells Fargo Bank | $1,965,000 | $210,000 | -89.3% | 0.0% |
| Assurance Financial Group, L.L.C. | $205,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $205,000 | n/a | 0.0% | |
| First Bank | $205,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| MYCUMORTGAGE, LLC | $200,000 | n/a | 0.0% | |
| M&T Bank | $240,000 | $185,000 | -22.9% | 0.0% |
| AMERICAN FINANCING CORPORATION | $360,000 | $180,000 | -50.0% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $175,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $295,000 | $175,000 | -40.7% | 0.0% |
| Ixonia Bank | $285,000 | $175,000 | -38.6% | 0.0% |
| Atlantic Coast Mortgage, LLC | $165,000 | n/a | 0.0% | |
| MILLENNIUM FINANCIAL GROUP, INC. | $155,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $155,000 | n/a | 0.0% | |
| Citizens Bank | $145,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $135,000 | n/a | 0.0% | |
| THE MORTGAGE LINK, INC. | $135,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $125,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $125,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $120,000 | n/a | 0.0% | |
| PriorityOne Bank | $115,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $95,000 | $105,000 | 10.5% | 0.0% |
| Flagstar Bank, FSB | $535,000 | $105,000 | -80.4% | 0.0% |
| LIMA ONE CAPITAL, LLC | $335,000 | $105,000 | -68.7% | 0.0% |
| JUSTICE Federal Credit Union | $95,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $95,000 | n/a | 0.0% | |
| Farm Credit of the Virginias, ACA | $465,000 | $85,000 | -81.7% | 0.0% |
| First Guaranty Bank | $215,000 | $75,000 | -65.1% | 0.0% |
| GENEVA FINANCIAL, LLC | $75,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $85,000 | $75,000 | -11.8% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $555,000 | $65,000 | -88.3% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $65,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $50,000 | $55,000 | 10.0% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $55,000 | n/a | 0.0% | |
| Alcova Mortgage LLC | $360,000 | $45,000 | -87.5% | 0.0% |
| ASHLAND Credit Union | $195,000 | $45,000 | -76.9% | 0.0% |
| MCNB Bank and Trust Co. | $700,000 | $45,000 | -93.6% | 0.0% |
| TOWER | $45,000 | n/a | 0.0% | |
| AMERICAN HERITAGE FCU | $25,000 | n/a | 0.0% | |
| UNIVERSAL Federal Credit Union | $25,000 | n/a | 0.0% |
CHARLESTON's top lender by overall market share is City National Bank of West Virginia, with 8.6% market share. In second place, with 7.0%, is QUICKEN LOANS, LLC, having originated $34,140,000 in loans. In third place, with 6.3%, is Gateway First Bank, having originated $31,035,000 in loans. In fourth place, with 5.3%, is LOANDEPOT.COM, LLC, having originated $25,680,000 in loans. In fifth place, with 4.6%, is Victorian Finance, LLC, having originated $22,560,000 in loans.
CHARLESTON, WV Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,982 | $351,170,000 | $177,180 |
| Cash Out Refi | 418 | $53,040,000 | $126,890 |
| Refi | 321 | $45,455,000 | $141,604 |
| Home Improvement | 301 | $20,055,000 | $66,628 |
| Other | 262 | $19,190,000 | $73,244 |
Charleston's most frequently cited loan purpose was Home Purchase, with 1,982 originations. The 2nd most popular reason was Cash Out Refi, with 418 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,253 | $217,925,000 | $173,923 |
| 7-8% | 569 | $88,695,000 | $155,879 |
| Over 8% | 462 | $43,400,000 | $93,939 |
| 5-6% | 423 | $72,165,000 | $170,603 |
| 2.5-3% | 101 | $8,535,000 | $84,505 |
| <2.5% | 50 | $1,060,000 | $21,200 |
| 3-4% | 43 | $3,785,000 | $88,023 |
| 4-5% | 25 | $4,795,000 | $191,800 |
During 2024, Charleston's most frequently originated rate bucket was 6-7%, with 1,253 originations.
Loan Sizing (CHARLESTON, WV MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,303 | $186,305,000 | $142,982 |
| $100,000 or less | 1,256 | $71,010,000 | $56,537 |
| $200k-400k | 608 | $158,760,000 | $261,118 |
| $400k-600k | 76 | $36,490,000 | $480,132 |
| $600k-1000k | 33 | $23,955,000 | $725,909 |
| $Over $1MM | 8 | $12,390,000 | $1,548,750 |
CHARLESTON's loan sizing saw the bucket of loans from $100k-200k with 1,303 originations, totaling $186,305,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,495 | $280,025,000 | $187,308 |
| 60-80% | 498 | $84,070,000 | $168,815 |
| 20-40% | 329 | $22,705,000 | $69,012 |
| Under 20% | 285 | $8,895,000 | $31,211 |
| 40-60% | 259 | $30,555,000 | $117,973 |
| Over 100% | 30 | $7,060,000 | $235,333 |
CHARLESTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,495 originations, totaling $280,025,000 in origination value.