MORGANTOWN Mortgage Rates

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

30 Year Fixed Rate mortgages in Morgantown averaged 5.44% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.41% and one month ago for the week of 2022-04-07, the average rate was 4.86%.

Morgantown's average rate one year ago was 2.87%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.55%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Morgantown 30 Year Fixed Rate 2022-05-12 5.44%
Morgantown 30 Year Fixed Rate Refi 2022-05-12 5.55%
Morgantown 15 Year Fixed Rate 2022-05-12 5.01%
Morgantown 15 Year Fixed Rate Refi 2022-05-12 4.6%
Morgantown 30 Year FHA 2022-05-12 5.72%
Morgantown 30 Year FHA Refi 2022-05-12 5.09%
Morgantown 30 Year USDA 2022-05-12 5.47%
Morgantown 30 Year USDA Refi 2022-05-12 5.01%
Morgantown 30 Year VA 2022-05-12 5.2%
Morgantown 30 Year VA Refi 2022-05-12 4.84%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MORGANTOWN, WV.

MORGANTOWN Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the MORGANTOWN, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Clear Mountain Bank 320 2.93% $3,077
First Federal Bank of the Midwest 210 3.05% $3,860
The Huntington National Bank 140 2.93% $4,484
INTERCOASTAL MORTGAGE COMPANY 136 3.03% $3,199
QUICKEN LOANS, LLC 135 3.12% $5,046
PNC Bank 110 3.01% $4,173
WesBanco Bank, Inc. 79 2.97% $4,226
Truist Bank 77 2.96% $3,363
HOME POINT FINANCIAL CORPORATION 68 2.92% $5,215
United Bank 66 3.07% $3,525
NVR Mortgage Finance, Inc. 38 3.01% $5,197
City National Bank of West Virginia 35 3.31% $1,734
Wells Fargo Bank 30 3.08% $3,444
FAIRMONT 29 2.53% $2,588
UNION HOME MORTGAGE CORP. 28 3.19% $5,011
LOANDEPOT.COM, LLC 27 3.04% $4,307
JPMorgan Chase Bank 23 2.94% $3,086
First Federal Savings and Loan Association of Greene Co 22 3.09% $2,805
Sierra Pacific Mortgage Company, Inc. 21 3.39% $5,261
PRIMELENDING, A PLAINSCAPITAL COMPANY 21 3.45% $3,458
UNITED WHOLESALE MORTGAGE, LLC 20 2.92% $5,524
BETTER MORTGAGE CORPORATION 19 2.80% $3,413
AMERISAVE MORTGAGE CORPORATION 19 2.80% $4,001
U.S. Bank 16 2.83% $3,551
NAVY FEDERAL CREDIT UNION 12 3.45% $3,904
Citizens Bank 10 3.00% $3,992
Flagstar Bank, FSB 9 3.58% $3,222
Ally Bank 9 2.92% $4,609
AMERICAN FINANCIAL NETWORK, INC. 8 3.00% $5,342
Mortgage Research Center, LLC 7 2.96% $3,542
Farm Credit of the Virginias, ACA 6 4.79% $3,903
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 3.37% $3,723
Bank of America 6 2.77% $5,160
The United Federal Credit Union 6 3.14% $2,208
MOVEMENT MORTGAGE, LLC 6 3.46% $3,441
Fifth Third Bank 6 2.96% $5,655
BROKER SOLUTIONS, INC. 5 3.47% $4,147
NFM, INC. 5 3.25% $6,681
Renasant Bank 4 2.66% $2,883
Chicago Mortgage Solutions LLC 4 3.43% $1,445
FREEDOM MORTGAGE CORPORATION 4 3.09% $1,616
PENNYMAC LOAN SERVICES, LLC 4 3.34% $5,593
Summit Community Bank, Inc. 4 3.41% $2,818
Victorian Finance, LLC 4 2.97% $4,021
Wyndham Capital Mortgage, Inc. 4 3.41% $4,298
FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 3 3.29% $3,907
Nations Lending Corporation 3 2.79% $6,474
First National Bank of Pennsylvania 3 2.88% $4,496
First Horizon Bank 3 2.79% $3,498
Bank of England 3 3.83% $5,763
CROSSCOUNTRY MORTGAGE, LLC 3 3.04% $4,627
ROUNDPOINT MORTGAGE SERVICING CORPORATION 3 3.25% $2,913
CALIBER HOME LOANS, INC. 3 2.96% $3,640
PENTAGON FEDERAL CREDIT UNION 3 2.92% $2,361
First Community Bank 3 2.92% $3,941
HOMESPIRE MORTGAGE CORPORATION 3 3.13% $3,847
GUARANTEED RATE, INC. 3 3.13% $3,395
EQUITY RESOURCES, INC. 3 2.88% $3,307
JUSTICE Federal Credit Union 3 3.21% $6,326
Northwest Bank 2 3.19% $3,498
TIDEWATER MORTGAGE SERVICES, INC. 2 2.88% $4,703
CHURCHILL MORTGAGE CORPORATION 2 3.38% $4,250
BAYER HERITAGE 2 3.38% $6,933
Manufacturers and Traders Trust Company 2 2.94% $8,296
AMERICAN FINANCING CORPORATION 2 3.00% $3,043
Atlantic Union Bank 2 3.06% $5,256
Peoples Bank 2 3.06% $3,922
FirstBank 2 2.81% $1,825
PHH Mortgage Corporation 2 3.94% $4,427
First Guaranty Mortgage Corporation 2 3.06% $3,504
Meridian Bank Corporation 2 2.94% $3,215
Carrington Mortgage Services, LLC 2 3.50% $4,787
Alcova Mortgage LLC 2 3.69% $2,228
Community Bank 2 3.06% $3,070
EMBRACE HOME LOANS, INC. 2 3.25% $6,325
STEARNS LENDING, LLC 2 3.00% $3,267
Stifel Bank and Trust 2 2.56% $3,095
AMERICAN INTERNET MORTGAGE, INC. 2 2.81% $2,701
SWBC MORTGAGE CORPORATION 2 3.06% $4,060
Colonial Savings, F.A. 2 3.50% $2,244
NEWREZ LLC 2 2.75% $4,296
LIBERTY HOME MORTGAGE CORPORATION 2 3.00% $6,089
Blue Ridge Bank 2 2.81% $3,369
The Central Trust Bank 1 2.88% $2,485
The Ohio Valley Bank Company 1 3.50% $2,659
TIAA, FSB 1 2.99% $4,182
Towne Bank 1 3.25% $3,843
BancorpSouth Bank 1 3.00% $4,096
United Nations Federal Credit Union 1 2.88% $4,571
USAA Federal Savings Bank 1 3.25% $8,993
First Federal Bank 1 3.25% $4,975
UBS Bank USA 1 2.25% $4,213
Florida Capital Bank 1 3.13% $7,816
FRANKLIN MINT 1 2.63% $6,538
ASHLAND Credit Union 1 3.88% $3,395
Gateway First Bank 1 3.00% $2,429
GUIDANCE RESIDENTIAL, LLC 1 3.38% $1,421
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.88% $3,455
DRAPER AND KRAMER MORTGAGE CORP. 1 2.88% $1,740
IMPAC MORTGAGE CORP. 1 2.63% $1,958
Integrity Home Mortgage Corp 1 3.88% $3,328
INTERCAP LENDING INC. 1 3.13% $4,125
Discover Bank 1 3.99% $0
Ixonia Bank 1 3.75% $5,975
KELLER MORTGAGE, LLC 1 3.13% $2,176
KeyBank 1 3.00% $4,986
LAFAYETTE FEDERAL CREDIT UNION 1 2.88% $7,831
LENDERFI, INC. 1 2.50% $1,303
CRESCENT MORTGAGE COMPANY 1 3.25% $5,193
Morgan Stanley Private Bank 1 2.45% $4,192
MORTGAGE ACCESS CORP. 1 2.88% $2,736
CONTOUR MORTGAGE CORPORATION 1 2.88% $11,034
Mr. Cooper ( Nationstar Mortgage ) 1 2.88% $5,114
NATIONS RELIABLE LENDING, LLC 1 2.99% $4,585
NBKC BANK 1 2.75% $3,354
Citibank 1 2.75% $3,729
Northpointe Bank 1 2.75% $2,513
PARTNERS 1ST Federal Credit Union 1 3.13% $4,137
C & F Mortgage Corporation 1 3.25% $3,582
Presidential Bank, FSB 1 3.00% $3,474
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.38% $5,288
ROYAL UNITED MORTGAGE LLC 1 4.13% $6,566
Servion, Inc. 1 3.63% $3,876
Capital Bank 1 2.75% $3,049
SOFI LENDING CORP. 1 2.88% $4,533
STAR USA FEDERAL CREDIT UNION 1 2.88% $3,192
TCF National Bank 1 3.38% $3,366
Texana Bank 1 2.75% $3,858
The Bank of Fayette County 1 4.50% $3,520

MORGANTOWN, WV's 129 lenders originated 4,406 loans during 2021. The total origination value was $1,084,660,000, with an average loan value of $246,178.

The top MORGANTOWN lender as defined by loan originations is Clear Mountain Bank, with 320 loans originated. Their average total fees are $3,077, which is $783 lower than the next largest lender, First Federal Bank of the Midwest.

The lowest fee MORGANTOWN lenders (with over 10 loans originated) are City National Bank of West Virginia ($1,734), FAIRMONT ($2,588), First Federal Savings and Loan Association of Greene Co ($2,805), Clear Mountain Bank ($3,077) and JPMorgan Chase Bank ($3,086).

The lowest rate MORGANTOWN lenders (with over 10 loans originated) are FAIRMONT (2.53%), BETTER MORTGAGE CORPORATION (2.80%), AMERISAVE MORTGAGE CORPORATION (2.80%), U.S. Bank (2.83%) and HOME POINT FINANCIAL CORPORATION (2.92%).

MORGANTOWN, WV Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Clear Mountain Bank $210,160,000 $150,075,000 -28.6% 13.8%
First Federal Bank of the Midwest $134,935,000 $108,485,000 -19.6% 10.0%
The Huntington National Bank $87,310,000 $96,280,000 10.3% 8.9%
QUICKEN LOANS, LLC $50,285,000 $66,780,000 32.8% 6.2%
United Bank $41,160,000 $55,440,000 34.7% 5.1%
WesBanco Bank, Inc. $76,790,000 $47,110,000 -38.7% 4.3%
INTERCOASTAL MORTGAGE COMPANY $20,085,000 $46,510,000 131.6% 4.3%
PNC Bank $39,035,000 $46,020,000 17.9% 4.2%
Truist Bank $43,515,000 $37,210,000 -14.5% 3.4%
HOME POINT FINANCIAL CORPORATION $18,675,000 $35,870,000 92.1% 3.3%
WALKER & DUNLOP, LLC $23,335,000 n/a 2.2%
NVR Mortgage Finance, Inc. $6,215,000 $17,505,000 181.7% 1.6%
First United Corporation $24,455,000 $16,290,000 -33.4% 1.5%
Mortgage Research Center, LLC $10,085,000 $15,015,000 48.9% 1.4%
LOANDEPOT.COM, LLC $5,705,000 $14,880,000 160.8% 1.4%
First Federal Savings and Loan Association of Greene Co $16,745,000 $13,520,000 -19.3% 1.2%
FREEDOM MORTGAGE CORPORATION $8,060,000 $12,650,000 56.9% 1.2%
UNION HOME MORTGAGE CORP. $6,740,000 $10,980,000 62.9% 1.0%
City National Bank of West Virginia $15,675,000 $10,905,000 -30.4% 1.0%
First Exchange Bank $9,205,000 $10,760,000 16.9% 1.0%
BETTER MORTGAGE CORPORATION $4,710,000 $10,710,000 127.4% 1.0%
AMERISAVE MORTGAGE CORPORATION $7,880,000 $10,265,000 30.3% 0.9%
Wells Fargo Bank $6,935,000 $9,820,000 41.6% 0.9%
U.S. Bank $3,470,000 $9,440,000 172.0% 0.9%
FAIRMONT $7,900,000 $9,075,000 14.9% 0.8%
Sierra Pacific Mortgage Company, Inc. $9,020,000 $8,985,000 -0.4% 0.8%
JPMorgan Chase Bank $9,595,000 $8,895,000 -7.3% 0.8%
Summit Community Bank, Inc. $26,115,000 $7,840,000 -70.0% 0.7%
Community Bank $1,385,000 $7,410,000 435.0% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $4,040,000 $7,395,000 83.0% 0.7%
UNITED WHOLESALE MORTGAGE, LLC $7,850,000 $6,360,000 -19.0% 0.6%
NAVY FEDERAL CREDIT UNION $5,260,000 $6,335,000 20.4% 0.6%
Flagstar Bank, FSB $7,605,000 $6,325,000 -16.8% 0.6%
The Grant County Bank $560,000 $4,570,000 716.1% 0.4%
PENNYMAC LOAN SERVICES, LLC $2,110,000 $4,295,000 103.6% 0.4%
USAA Federal Savings Bank $6,130,000 $3,985,000 -35.0% 0.4%
LAKEVIEW LOAN SERVICING, LLC $1,155,000 $3,900,000 237.7% 0.4%
The United Federal Credit Union $6,435,000 $3,790,000 -41.1% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $475,000 $3,550,000 647.4% 0.3%
First Commonwealth Bank $720,000 $3,505,000 386.8% 0.3%
Fifth Third Bank $2,340,000 $3,500,000 49.6% 0.3%
Ally Bank $1,620,000 $3,140,000 93.8% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,195,000 $3,045,000 38.7% 0.3%
Bank of America $2,335,000 $3,025,000 29.6% 0.3%
Peoples Bank $175,000 $2,465,000 1,308.6% 0.2%
Citizens Bank $1,645,000 $2,435,000 48.0% 0.2%
First National Bank of Pennsylvania $2,730,000 $2,435,000 -10.8% 0.2%
EQUITY RESOURCES, INC. $430,000 $2,380,000 453.5% 0.2%
BROKER SOLUTIONS, INC. $1,140,000 $2,330,000 104.4% 0.2%
MOVEMENT MORTGAGE, LLC $4,020,000 $2,260,000 -43.8% 0.2%
Manufacturers and Traders Trust Company $18,100,000 $1,985,000 -89.0% 0.2%
CALIBER HOME LOANS, INC. $1,140,000 $1,840,000 61.4% 0.2%
NEWREZ LLC $940,000 $1,800,000 91.5% 0.2%
First Guaranty Mortgage Corporation $1,230,000 $1,745,000 41.9% 0.2%
NFM, INC. $1,230,000 $1,700,000 38.2% 0.2%
GUARANTEED RATE, INC. $390,000 $1,680,000 330.8% 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $580,000 $1,665,000 187.1% 0.2%
Chicago Mortgage Solutions LLC $950,000 $1,625,000 71.1% 0.1%
Nations Lending Corporation $455,000 $1,565,000 244.0% 0.1%
Wyndham Capital Mortgage, Inc. $740,000 $1,555,000 110.1% 0.1%
PENTAGON FEDERAL CREDIT UNION $235,000 $1,500,000 538.3% 0.1%
Dollar Bank, Federal Savings Bank $600,000 $1,460,000 143.3% 0.1%
First Community Bank $2,585,000 $1,445,000 -44.1% 0.1%
JUSTICE Federal Credit Union $1,455,000 $1,435,000 -1.4% 0.1%
Carrington Mortgage Services, LLC $1,125,000 $1,375,000 22.2% 0.1%
Barrington Bank & Trust Company, N.A. $1,585,000 $1,360,000 -14.2% 0.1%
UBS Bank USA $1,325,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $500,000 $1,275,000 155.0% 0.1%
Texana Bank $1,265,000 n/a 0.1%
TIDEWATER MORTGAGE SERVICES, INC. $1,255,000 n/a 0.1%
Mr. Cooper ( Nationstar Mortgage ) $1,255,000 $1,185,000 -5.6% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $865,000 $1,170,000 35.3% 0.1%
Renasant Bank $1,450,000 $1,150,000 -20.7% 0.1%
Farm Credit of the Virginias, ACA $1,410,000 $1,070,000 -24.1% 0.1%
TIAA, FSB $3,830,000 $1,065,000 -72.2% 0.1%
KeyBank $1,055,000 n/a 0.1%
21ST MORTGAGE CORPORATION $1,365,000 $980,000 -28.2% 0.1%
Victorian Finance, LLC $915,000 $920,000 0.5% 0.1%
EMBRACE HOME LOANS, INC. $375,000 $915,000 144.0% 0.1%
FirstBank $285,000 $905,000 217.5% 0.1%
First Horizon Bank $845,000 n/a 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $2,325,000 $835,000 -64.1% 0.1%
Belmont Savings Bank $830,000 n/a 0.1%
Bank of England $85,000 $825,000 870.6% 0.1%
FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION $885,000 $825,000 -6.8% 0.1%
Gateway First Bank $1,165,000 $790,000 -32.2% 0.1%
North American Savings Bank, F.S.B. $275,000 $780,000 183.6% 0.1%
Charles Schwab Bank, SSB $775,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $435,000 $770,000 77.0% 0.1%
HOMESPIRE MORTGAGE CORPORATION $1,030,000 $765,000 -25.7% 0.1%
KELLER MORTGAGE, LLC $765,000 n/a 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $815,000 $760,000 -6.7% 0.1%
Colonial Savings, F.A. $760,000 n/a 0.1%
Stifel Bank and Trust $750,000 n/a 0.1%
FRANKLIN MINT $745,000 n/a 0.1%
PHH Mortgage Corporation $745,000 n/a 0.1%
Presidential Bank, FSB $875,000 $740,000 -15.4% 0.1%
The Central Trust Bank $720,000 n/a 0.1%
LENDERFI, INC. $710,000 n/a 0.1%
PLANET HOME LENDING, LLC $1,015,000 $700,000 -31.0% 0.1%
Towne Bank $145,000 $690,000 375.9% 0.1%
WEPCO Federal Credit Union $315,000 $670,000 112.7% 0.1%
C & F Mortgage Corporation $545,000 $640,000 17.4% 0.1%
The Federal Savings Bank $2,235,000 $635,000 -71.6% 0.1%
Morgan Stanley Private Bank $485,000 $605,000 24.7% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $500,000 $605,000 21.0% 0.1%
Atlantic Union Bank $390,000 $580,000 48.7% 0.1%
STEARNS LENDING, LLC $545,000 n/a 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $690,000 $530,000 -23.2% 0.0%
Farmers Bank & Trust $530,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $350,000 $525,000 50.0% 0.0%
First Heritage Mortgage, LLC $520,000 n/a 0.0%
Bank of Whittier $325,000 $510,000 56.9% 0.0%
Atlantic Coast Mortgage, LLC $475,000 n/a 0.0%
CHESSIE $950,000 $475,000 -50.0% 0.0%
NBKC BANK $785,000 $475,000 -39.5% 0.0%
BAYER HERITAGE $880,000 $470,000 -46.6% 0.0%
SIWELL, INC. $1,345,000 $455,000 -66.2% 0.0%
CRESCENT MORTGAGE COMPANY $1,345,000 $445,000 -66.9% 0.0%
Low VA Rates, LLC $840,000 $445,000 -47.0% 0.0%
Ixonia Bank $440,000 n/a 0.0%
Alcova Mortgage LLC $520,000 $425,000 -18.3% 0.0%
Blue Ridge Bank $235,000 $425,000 80.9% 0.0%
Northpointe Bank $425,000 n/a 0.0%
Premier Bank, Inc. $2,910,000 $425,000 -85.4% 0.0%
Northwest Bank $1,430,000 $410,000 -71.3% 0.0%
SWBC MORTGAGE CORPORATION $410,000 n/a 0.0%
Meridian Bank Corporation $1,030,000 $390,000 -62.1% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $440,000 $385,000 -12.5% 0.0%
Capital Bank $95,000 $375,000 294.7% 0.0%
Community First National Bank $345,000 $365,000 5.8% 0.0%
BancorpSouth Bank $355,000 n/a 0.0%
KS StateBank $355,000 n/a 0.0%
PARTNERS 1ST Federal Credit Union $355,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $355,000 n/a 0.0%
MILLENNIUM FINANCIAL GROUP, INC. $770,000 $345,000 -55.2% 0.0%
MORTGAGE ACCESS CORP. $345,000 n/a 0.0%
NASA Federal Credit Union $345,000 n/a 0.0%
First Home Bank $680,000 $325,000 -52.2% 0.0%
NATIONS RELIABLE LENDING, LLC $325,000 n/a 0.0%
United Nations Federal Credit Union $315,000 n/a 0.0%
Discover Bank $175,000 $305,000 74.3% 0.0%
Evolve Bank & Trust $430,000 $305,000 -29.1% 0.0%
AMERICAN FINANCING CORPORATION $330,000 $300,000 -9.1% 0.0%
CNB Bank Inc. $155,000 $295,000 90.3% 0.0%
George Mason Mortgage, LLC $380,000 $295,000 -22.4% 0.0%
The Bank of Fayette County $295,000 n/a 0.0%
Citibank $280,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $185,000 $275,000 48.6% 0.0%
Pendleton Community Bank, Inc. $385,000 $275,000 -28.6% 0.0%
Simmons Bank $275,000 n/a 0.0%
TCF National Bank $1,210,000 $275,000 -77.3% 0.0%
UNITED MORTGAGE CORP. $265,000 n/a 0.0%
Florida Capital Bank $245,000 n/a 0.0%
Servion, Inc. $240,000 n/a 0.0%
STANFORD Federal Credit Union $235,000 n/a 0.0%
Bank-Fund Staff Federal Credit Union $225,000 n/a 0.0%
Putnam County Bank $105,000 $225,000 114.3% 0.0%
Unified Bank $225,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $110,000 $220,000 100.0% 0.0%
VILLAGE CAPITAL & INVESTMENT LLC $280,000 $220,000 -21.4% 0.0%
Cornerstone First Mortgage, Inc $215,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $255,000 $215,000 -15.7% 0.0%
INTERCAP LENDING INC. $215,000 n/a 0.0%
Merchants Bank of Indiana $125,000 $215,000 72.0% 0.0%
GUIDANCE RESIDENTIAL, LLC $285,000 $195,000 -31.6% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,455,000 $195,000 -86.6% 0.0%
PREMIA MORTGAGE, LLC $370,000 $195,000 -47.3% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $210,000 $190,000 -9.5% 0.0%
TOWER $135,000 $190,000 40.7% 0.0%
IMPAC MORTGAGE CORP. $185,000 n/a 0.0%
Sandy Spring Bank $185,000 n/a 0.0%
SOFI LENDING CORP. $185,000 n/a 0.0%
ASHLAND Credit Union $165,000 n/a 0.0%
Integrity Home Mortgage Corp $165,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $75,000 $165,000 120.0% 0.0%
S&T Bank $155,000 n/a 0.0%
The Ohio Valley Bank Company $155,000 n/a 0.0%
FNB Bank, Inc. $45,000 $145,000 222.2% 0.0%
LAFAYETTE FEDERAL CREDIT UNION $145,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $145,000 n/a 0.0%
AMERICAN ADVISORS GROUP $140,000 $140,000 0.0% 0.0%
First Federal Bank $175,000 $125,000 -28.6% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $520,000 $115,000 -77.9% 0.0%
ARC HOME LLC $115,000 n/a 0.0%
Middletown Valley Bank $115,000 n/a 0.0%
SOUTHERN TRUST MORTGAGE, LLC $115,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $105,000 n/a 0.0%
Bethpage Federal Credit Union $75,000 n/a 0.0%
Clearview Federal Credit Union $65,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $65,000 n/a 0.0%
The Park National Bank $65,000 n/a 0.0%
Secured Investment Corp. $55,000 n/a 0.0%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $55,000 n/a 0.0%
NUMARK CREDIT UNION $45,000 n/a 0.0%

MORGANTOWN's top lender by overall market share is Clear Mountain Bank, with 13.8% market share. In second place, with 10.0%, is First Federal Bank of the Midwest, having originated $108,485,000 in loans. In third place, with 8.9%, is The Huntington National Bank, having originated $96,280,000 in loans. In third place, with 6.2%, is QUICKEN LOANS, LLC, having originated $66,780,000 in loans. In third place, with 5.1%, is United Bank, having originated $55,440,000 in loans.


MORGANTOWN, WV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,049 $542,475,000 $264,751
Refi 1,451 $373,695,000 $257,543
Cash Out Refi 644 $138,340,000 $214,814
Home Improvement 141 $16,105,000 $114,220
Other 121 $14,045,000 $116,074

Morgantown's most frequently cited loan purpose was Home Purchase, with 2,049 originations. The 2nd most popular reason was Refi, with 1,451 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,741 $443,135,000 $254,529
3-4% 1,357 $332,385,000 $244,941
<2.5% 882 $236,690,000 $268,356
4-5% 185 $29,685,000 $160,459
5-6% 38 $2,590,000 $68,158
Over 8% 33 $2,185,000 $66,212
6-7% 19 $1,715,000 $90,263
7-8% 18 $1,000,000 $55,556

During 2021, Morgantown's most frequently originated rate bucket was 2.5-3%, with 1,741 originations.

Loan Sizing (MORGANTOWN, WV MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,715 $467,905,000 $272,831
$100k-200k 1,659 $250,225,000 $150,829
$100,000 or less 577 $39,225,000 $67,981
$400k-600k 301 $143,615,000 $477,126
$600k-1000k 113 $84,285,000 $745,885
$Over $1MM 41 $99,405,000 $2,424,512

MORGANTOWN's loan sizing saw the bucket of loans from $200k-400k with 1,715 originations, totaling $467,905,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,751 $453,595,000 $259,049
60-80% 1,426 $392,180,000 $275,021
40-60% 501 $114,075,000 $227,695
20-40% 302 $39,900,000 $132,119
Under 20% 131 $8,525,000 $65,076
Over 100% 54 $16,900,000 $312,963

MORGANTOWN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,751 originations, totaling $453,595,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - MORGANTOWN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $214,925 (0.0%) $285,427 (3.3%) 0.79 618
2018-02-01 $220,000 (3.0%) $295,484 (8.2%) 0.79 565
2018-03-01 $237,400 (10.6%) $312,024 (13.2%) 0.82 517
2018-04-01 $241,450 (7.3%) $313,676 (8.6%) 0.81 544
2018-05-01 $239,250 (4.1%) $308,290 (4.3%) 0.80 588
2018-06-01 $229,900 (0.4%) $299,655 (0.4%) 0.77 611
2018-07-01 $229,450 (0.2%) $292,395 (-3.5%) 0.77 641
2018-08-01 $232,350 (1.5%) $298,323 (-0.6%) 0.78 643
2018-09-01 $239,000 (8.6%) $299,440 (0.1%) 0.80 663
2018-10-01 $239,700 (10.0%) $300,741 (3.4%) 0.80 649
2018-11-01 $240,400 (11.8%) $301,003 (5.0%) 0.81 613
2018-12-01 $239,900 (11.6%) $296,841 (3.4%) 0.82 560
2019-01-01 $244,950 (14.0%) $308,052 (7.9%) 0.84 502
2019-02-01 $244,900 (11.3%) $314,056 (6.3%) 0.82 498
2019-03-01 $253,514 (6.8%) $322,293 (3.3%) 0.83 491
2019-04-01 $263,514 (9.1%) $326,448 (4.1%) 0.83 502
2019-05-01 $266,150 (11.2%) $325,827 (5.7%) 0.82 550
2019-06-01 $259,900 (13.1%) $319,890 (6.8%) 0.80 590
2019-07-01 $262,900 (14.6%) $320,949 (9.8%) 0.82 613
2019-08-01 $267,286 (15.0%) $322,904 (8.2%) 0.84 636
2019-09-01 $265,000 (10.9%) $323,800 (8.1%) 0.84 666
2019-10-01 $259,950 (8.5%) $315,216 (4.8%) 0.83 658
2019-11-01 $255,000 (6.1%) $303,944 (1.0%) 0.82 610
2019-12-01 $252,300 (5.2%) $298,838 (0.7%) 0.84 582
2020-01-01 $256,850 (4.9%) $304,675 (-1.1%) 0.86 498
2020-02-01 $265,000 (8.2%) $319,335 (1.7%) 0.86 480
2020-03-01 $275,000 (8.5%) $343,624 (6.6%) 0.86 477
2020-04-01 $276,000 (4.7%) $345,593 (5.9%) 0.86 476
2020-05-01 $289,900 (8.9%) $353,099 (8.4%) 0.88 439
2020-06-01 $289,900 (11.5%) $360,493 (12.7%) 0.85 401
2020-07-01 $280,000 (6.5%) $357,716 (11.5%) 0.80 385
2020-08-01 $275,000 (2.9%) $364,220 (12.8%) 0.79 379
2020-09-01 $275,500 (4.0%) $366,827 (13.3%) 0.79 366
2020-10-01 $269,900 (3.8%) $362,933 (15.1%) 0.77 365
2020-11-01 $267,950 (5.1%) $349,832 (15.1%) 0.77 332
2020-12-01 $269,500 (6.8%) $351,746 (17.7%) 0.79 303
2021-01-01 $274,500 (6.9%) $346,015 (13.6%) 0.81 261
2021-02-01 $274,500 (3.6%) $334,726 (4.8%) 0.79 238
2021-03-01 $294,700 (7.2%) $368,781 (7.3%) 0.83 209
2021-04-01 $302,825 (9.7%) $383,343 (10.9%) 0.81 201
2021-05-01 $299,000 (3.1%) $399,057 (13.0%) 0.79 192
2021-06-01 $305,950 (5.5%) $414,256 (14.9%) 0.79 203
2021-07-01 $292,250 (4.4%) $393,774 (10.1%) 0.76 221
2021-08-01 $275,000 (0.0%) $379,148 (4.1%) 0.72 223
2021-09-01 $259,900 (-5.7%) $360,703 (-1.7%) 0.68 238
2021-10-01 $264,900 (-1.9%) $353,049 (-2.7%) 0.70 232
2021-11-01 $270,000 (0.8%) $354,586 (1.4%) 0.71 221
2021-12-01 $284,000 (5.4%) $355,857 (1.2%) 0.76 187
2022-01-01 $279,900 (2.0%) $343,352 (-0.8%) 0.75 141
2022-02-01 $285,000 (3.8%) $365,382 (9.2%) 0.73 124
2022-03-01 $299,450 (1.6%) $394,565 (7.0%) 0.74 133
2022-04-01 $299,900 (-1.0%) $404,015 (5.4%) 0.71 132
MORGANTOWN's median listing price for 2022-04-01 was $299,900, a difference of $-2,925 (-1.0%) versus the prior year and $450 versus the prior month.

MORGANTOWN's median listing price comes in at 71% of the national average.

MORGANTOWN's average listing price for 2022-04-01 was $404,015, a difference of $20,672 (5.4%) versus the prior year and $9,450 versus the prior month.

For the 2022-04-01 period, MORGANTOWN had 132 MLS listings, a difference of -1 listings (-1%) versus the prior month and -69 listings (-34%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - MORGANTOWN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 132 days 1,940 sqft
2018-02-01 135 days 1,924 sqft
2018-03-01 141 days 2,016 sqft
2018-04-01 106 days 2,027 sqft
2018-05-01 77 days 1,980 sqft
2018-06-01 79 days 1,976 sqft
2018-07-01 80 days 1,965 sqft
2018-08-01 87 days 1,973 sqft
2018-09-01 92 days 1,970 sqft
2018-10-01 94 days 1,981 sqft
2018-11-01 99 days 1,943 sqft
2018-12-01 109 days 1,898 sqft
2019-01-01 119 days 1,898 sqft
2019-02-01 120 days 1,898 sqft
2019-03-01 122 days 1,963 sqft
2019-04-01 78 days 2,001 sqft
2019-05-01 65 days 2,035 sqft
2019-06-01 72 days 2,016 sqft
2019-07-01 80 days 2,045 sqft
2019-08-01 91 days 2,054 sqft
2019-09-01 92 days 2,028 sqft
2019-10-01 102 days 2,006 sqft
2019-11-01 109 days 1,985 sqft
2019-12-01 130 days 1,952 sqft
2020-01-01 133 days 2,019 sqft
2020-02-01 141 days 2,082 sqft
2020-03-01 104 days 2,230 sqft
2020-04-01 89 days 2,194 sqft
2020-05-01 94 days 2,206 sqft
2020-06-01 99 days 2,248 sqft
2020-07-01 85 days 2,170 sqft
2020-08-01 67 days 2,127 sqft
2020-09-01 75 days 2,152 sqft
2020-10-01 84 days 2,100 sqft
2020-11-01 94 days 2,074 sqft
2020-12-01 107 days 1,951 sqft
2021-01-01 103 days 2,005 sqft
2021-02-01 100 days 1,975 sqft
2021-03-01 98 days 2,142 sqft
2021-04-01 79 days 2,119 sqft
2021-05-01 63 days 2,216 sqft
2021-06-01 61 days 2,179 sqft
2021-07-01 57 days 2,002 sqft
2021-08-01 59 days 1,965 sqft
2021-09-01 66 days 1,865 sqft
2021-10-01 69 days 1,883 sqft
2021-11-01 75 days 1,894 sqft
2021-12-01 82 days 1,836 sqft
2022-01-01 87 days 1,821 sqft
2022-02-01 92 days 1,888 sqft
2022-03-01 63 days 1,935 sqft
2022-04-01 53 days 1,897 sqft
MORGANTOWN's median listing age (time on market) for 2022-04-01 was 53 days. This is -32% shorter than the same period one year ago.

MORGANTOWN's median square footage for active listings during the 2022-04-01 period was 1,897 sqft. One year prior, the average listing was 2,119 sqft.