MORGANTOWN Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Morgantown averaged
6.76%
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
7.09% and
one month ago for the week of 2025-05-15, the
average rate was 7.06%.
Morgantown's average rate one year ago was 7.1%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.89%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Morgantown 30 Year Fixed Rate | 2025-06-18 | 6.76% |
| Morgantown 30 Year Fixed Rate Refi | 2025-06-18 | 7.89% |
| Morgantown 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Morgantown 15 Year Fixed Rate Refi | 2025-06-18 | 5.86% |
| Morgantown 30 Year FHA | 2025-06-18 | -0.21% |
| Morgantown 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Morgantown 30 Year USDA | 2025-06-18 | 0.2% |
| Morgantown 30 Year USDA Refi | 2025-06-18 | 0.1% |
| Morgantown 30 Year VA | 2025-06-18 | -0.27% |
| Morgantown 30 Year VA Refi | 2025-06-18 | 0.2% |
MORGANTOWN 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 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.).
MORGANTOWN Average Closing Costs & Other Stats
MORGANTOWN, WV's 95 lenders originated 1,944
loans during 2024. The total origination value was $485,690,000, with an average loan value of
$249,841.
MORGANTOWN's average closing costs are $4,708.
The top MORGANTOWN lender as defined by loan originations is Clear Mountain Bank, with
123 loans originated. Their average total fees are
$3,895, which is $920
lower than the next largest lender,
The Huntington National Bank.
The lowest fee MORGANTOWN lenders (with over 10 loans originated) are
City National Bank of West Virginia ($2,152), JPMorgan Chase Bank ($2,555), FAIRMONT ($2,973), Clear Mountain Bank ($3,895) and Truist ($4,225).
The lowest rate MORGANTOWN lenders (with over 10 loans originated) are
FAIRMONT (6.06%), United Bank (6.38%), LOANDEPOT.COM, LLC (6.40%), WesBanco (6.44%) and JPMorgan Chase Bank (6.59%).
MORGANTOWN, 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 |
|---|---|---|---|---|
| Clear Mountain Bank | $50,680,000 | $55,470,000 | 9.5% | 11.4% |
| The Huntington National Bank | $45,830,000 | $49,420,000 | 7.8% | 10.2% |
| WesBanco | $18,910,000 | $24,210,000 | 28.0% | 5.0% |
| INTERCOASTAL MORTGAGE COMPANY | $15,685,000 | $20,490,000 | 30.6% | 4.2% |
| PNC Bank | $18,775,000 | $20,030,000 | 6.7% | 4.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $20,675,000 | $17,810,000 | -13.9% | 3.7% |
| United Bank | $18,940,000 | $17,455,000 | -7.8% | 3.6% |
| QUICKEN LOANS, LLC | $19,675,000 | $17,135,000 | -12.9% | 3.5% |
| First National Bank of Pennsylvania | $18,360,000 | $16,810,000 | -8.4% | 3.5% |
| City National Bank of West Virginia | $8,800,000 | $15,805,000 | 79.6% | 3.3% |
| LOANDEPOT.COM, LLC | $7,105,000 | $14,295,000 | 101.2% | 2.9% |
| Truist | $12,950,000 | $14,005,000 | 8.1% | 2.9% |
| NVR Mortgage Finance, Inc. | $16,645,000 | $13,465,000 | -19.1% | 2.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,135,000 | $12,570,000 | 1,007.5% | 2.6% |
| Mortgage Research Center, LLC | $7,375,000 | $12,435,000 | 68.6% | 2.6% |
| Burke & Herbert Bank & Trust Company | $905,000 | $10,780,000 | 1,091.2% | 2.2% |
| First Federal Savings and Loan Association of Greene Co | $9,930,000 | $8,475,000 | -14.7% | 1.7% |
| First United Corporation | $13,025,000 | $8,425,000 | -35.3% | 1.7% |
| NAVY FEDERAL CREDIT UNION | $4,185,000 | $7,245,000 | 73.1% | 1.5% |
| EagleBank | $7,205,000 | n/a | 1.5% | |
| First Exchange Bank | $18,145,000 | $7,045,000 | -61.2% | 1.5% |
| USAA Federal Savings Bank | $2,440,000 | $4,860,000 | 99.2% | 1.0% |
| FAIRMONT | $5,395,000 | $4,770,000 | -11.6% | 1.0% |
| JPMorgan Chase Bank | $3,990,000 | $4,110,000 | 3.0% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $480,000 | $3,760,000 | 683.3% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $995,000 | $3,400,000 | 241.7% | 0.7% |
| Brentwood Bank | $2,955,000 | n/a | 0.6% | |
| Presidential Bank, FSB | $2,480,000 | n/a | 0.5% | |
| Flagstar Bank, FSB | $2,540,000 | $2,465,000 | -3.0% | 0.5% |
| Integrity Home Mortgage Corp | $175,000 | $2,370,000 | 1,254.3% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,785,000 | $2,210,000 | -20.6% | 0.5% |
| Pinnacle Bank | $2,195,000 | n/a | 0.5% | |
| SOMERSET TRUST COMPANY | $1,115,000 | $2,145,000 | 92.4% | 0.4% |
| BROKER SOLUTIONS, INC. | $1,765,000 | $2,070,000 | 17.3% | 0.4% |
| DAS Acquisition Company, LLC | $2,440,000 | $2,045,000 | -16.2% | 0.4% |
| MY MORTGAGE, INC. | $2,045,000 | n/a | 0.4% | |
| U.S. Bank | $1,310,000 | $1,960,000 | 49.6% | 0.4% |
| UNION HOME MORTGAGE CORP. | $315,000 | $1,815,000 | 476.2% | 0.4% |
| Bank of America | $1,755,000 | $1,805,000 | 2.8% | 0.4% |
| MILLENNIUM FINANCIAL GROUP, INC. | $285,000 | $1,750,000 | 514.0% | 0.4% |
| GUARANTEED RATE, INC. | $165,000 | $1,745,000 | 957.6% | 0.4% |
| Atlantic Coast Mortgage, LLC | $1,500,000 | n/a | 0.3% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $115,000 | $1,495,000 | 1,200.0% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,435,000 | $1,495,000 | 4.2% | 0.3% |
| Fifth Third Bank | $110,000 | $1,395,000 | 1,168.2% | 0.3% |
| BAYER HERITAGE | $325,000 | $1,235,000 | 280.0% | 0.3% |
| CNB Bank Inc. | $1,185,000 | n/a | 0.2% | |
| DHI MORTGAGE COMPANY, LTD. | $1,185,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $910,000 | $1,140,000 | 25.3% | 0.2% |
| First Federal Bank of the Midwest | $19,025,000 | $1,095,000 | -94.2% | 0.2% |
| 21ST MORTGAGE CORPORATION | $920,000 | $1,080,000 | 17.4% | 0.2% |
| NEWREZ LLC | $995,000 | $1,055,000 | 6.0% | 0.2% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $420,000 | $1,040,000 | 147.6% | 0.2% |
| JUSTICE Federal Credit Union | $405,000 | $1,035,000 | 155.6% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $1,305,000 | $960,000 | -26.4% | 0.2% |
| Discover Bank | $355,000 | $955,000 | 169.0% | 0.2% |
| CMG MORTGAGE, INC. | $890,000 | n/a | 0.2% | |
| Wells Fargo Bank | $955,000 | $855,000 | -10.5% | 0.2% |
| BAYSHORE MORTGAGE FUNDING, LLC | $785,000 | n/a | 0.2% | |
| Equity Prime Mortgage LLC | $660,000 | $780,000 | 18.2% | 0.2% |
| First Guaranty Bank | $775,000 | n/a | 0.2% | |
| AMERISAVE MORTGAGE CORPORATION | $740,000 | $730,000 | -1.4% | 0.2% |
| EASTMAN | $705,000 | n/a | 0.1% | |
| Summit Community Bank, Inc. | $4,260,000 | $700,000 | -83.6% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $685,000 | n/a | 0.1% | |
| HOMESPIRE MORTGAGE CORPORATION | $285,000 | $680,000 | 138.6% | 0.1% |
| NBKC BANK | $520,000 | $670,000 | 28.8% | 0.1% |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $660,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $285,000 | $650,000 | 128.1% | 0.1% |
| POLARIS HOME FUNDING CORP. | $205,000 | $645,000 | 214.6% | 0.1% |
| Carrington Mortgage Services, LLC | $205,000 | $640,000 | 212.2% | 0.1% |
| Citizens Bank | $1,075,000 | $640,000 | -40.5% | 0.1% |
| Citadel Servicing Corporation | $630,000 | n/a | 0.1% | |
| NFM, INC. | $195,000 | $615,000 | 215.4% | 0.1% |
| WEPCO Federal Credit Union | $710,000 | $605,000 | -14.8% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $705,000 | $595,000 | -15.6% | 0.1% |
| City Bank | $575,000 | n/a | 0.1% | |
| STOCKTON MORTGAGE CORPORATION | $565,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $465,000 | $560,000 | 20.4% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $440,000 | $560,000 | 27.3% | 0.1% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $520,000 | n/a | 0.1% | |
| NexBank | $515,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $505,000 | n/a | 0.1% | |
| Putnam County Bank | $850,000 | $505,000 | -40.6% | 0.1% |
| The Dart Bank | $495,000 | n/a | 0.1% | |
| The Grant County Bank | $2,445,000 | $495,000 | -79.8% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $7,080,000 | $490,000 | -93.1% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $175,000 | $475,000 | 171.4% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $475,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $460,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $940,000 | $450,000 | -52.1% | 0.1% |
| C & F Mortgage Corporation | $155,000 | $450,000 | 190.3% | 0.1% |
| Towne Bank | $450,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $270,000 | $445,000 | 64.8% | 0.1% |
| MidFirst Bank | $445,000 | n/a | 0.1% | |
| MLD MORTGAGE INC. | $445,000 | n/a | 0.1% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $435,000 | n/a | 0.1% | |
| First Federal Bank | $215,000 | $425,000 | 97.7% | 0.1% |
| Magnolia Bank | $550,000 | $425,000 | -22.7% | 0.1% |
| Waterstone Mortgage Corporation | $420,000 | n/a | 0.1% | |
| Northpointe Bank | $155,000 | $390,000 | 151.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $865,000 | $375,000 | -56.6% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $365,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $365,000 | n/a | 0.1% | |
| Ally Bank | $355,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $210,000 | $350,000 | 66.7% | 0.1% |
| Pendleton Community Bank, Inc. | $185,000 | $350,000 | 89.2% | 0.1% |
| The Ohio Valley Bank Company | $345,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $340,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,655,000 | $340,000 | -79.5% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $470,000 | $340,000 | -27.7% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $335,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $135,000 | $325,000 | 140.7% | 0.1% |
| First Community Bank | $625,000 | $315,000 | -49.6% | 0.1% |
| Plains Commerce Bank | $315,000 | n/a | 0.1% | |
| AMERICAN HERITAGE LENDING, INC. | $310,000 | n/a | 0.1% | |
| Atlantic Union Bank | $135,000 | $305,000 | 125.9% | 0.1% |
| United Nations Federal Credit Union | $305,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $175,000 | $290,000 | 65.7% | 0.1% |
| The Poca Valley Bank, Inc. | $290,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $275,000 | $285,000 | 3.6% | 0.1% |
| South State Bank | $285,000 | n/a | 0.1% | |
| M&T Bank | $200,000 | $275,000 | 37.5% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $660,000 | $275,000 | -58.3% | 0.1% |
| CHESSIE | $270,000 | n/a | 0.1% | |
| Community Bank of Parkersburg | $85,000 | $270,000 | 217.6% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $265,000 | n/a | 0.1% | |
| Citibank | $55,000 | $265,000 | 381.8% | 0.1% |
| Cache Valley Bank | $255,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $245,000 | n/a | 0.1% | |
| Bank of Whittier | $245,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $2,215,000 | $245,000 | -88.9% | 0.1% |
| Dollar Bank, Federal Savings Bank | $225,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $365,000 | $225,000 | -38.4% | 0.0% |
| Community First National Bank | $215,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $205,000 | n/a | 0.0% | |
| BAY CAPITAL MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| Belmont Savings Bank | $1,570,000 | $205,000 | -86.9% | 0.0% |
| PHH Mortgage Corporation | $205,000 | n/a | 0.0% | |
| Univest Bank and Trust Co. | $455,000 | $205,000 | -54.9% | 0.0% |
| Victorian Finance, LLC | $925,000 | $205,000 | -77.8% | 0.0% |
| Bank of Clarke County | $195,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $195,000 | n/a | 0.0% | |
| Old National Bank | $175,000 | n/a | 0.0% | |
| The Loan Store, Inc. | $175,000 | n/a | 0.0% | |
| Capon Valley Bank | $165,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $165,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $165,000 | n/a | 0.0% | |
| York Traditions Bank | $165,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $1,530,000 | $155,000 | -89.9% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $155,000 | n/a | 0.0% | |
| ADVANCIAL | $145,000 | n/a | 0.0% | |
| AMERITRUST MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| Gateway First Bank | $230,000 | $135,000 | -41.3% | 0.0% |
| The United Federal Credit Union | $1,510,000 | $135,000 | -91.1% | 0.0% |
| FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION | $130,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $125,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $105,000 | $115,000 | 9.5% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $105,000 | n/a | 0.0% | |
| Clearview Federal Credit Union | $555,000 | $95,000 | -82.9% | 0.0% |
| Bank of England | $1,005,000 | $85,000 | -91.5% | 0.0% |
| DIGITAL Federal Credit Union | $475,000 | $85,000 | -82.1% | 0.0% |
| S&T Bank | $760,000 | $85,000 | -88.8% | 0.0% |
| Community Bank | $710,000 | $75,000 | -89.4% | 0.0% |
| Peoples Bank | $8,285,000 | $65,000 | -99.2% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| NASA Federal Credit Union | $45,000 | n/a | 0.0% |
MORGANTOWN's top lender by overall market share is Clear Mountain Bank, with 11.4% market share. In second place, with 10.2%, is The Huntington National Bank, having originated $49,420,000 in loans. In third place, with 5.0%, is WesBanco, having originated $24,210,000 in loans. In fourth place, with 4.2%, is INTERCOASTAL MORTGAGE COMPANY, having originated $20,490,000 in loans. In fifth place, with 4.1%, is PNC Bank, having originated $20,030,000 in loans.
MORGANTOWN, WV Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,266 | $370,030,000 | $292,283 |
| Refi | 188 | $57,760,000 | $307,234 |
| Cash Out Refi | 181 | $27,785,000 | $153,508 |
| Home Improvement | 168 | $15,750,000 | $93,750 |
| Other | 141 | $14,365,000 | $101,879 |
Morgantown's most frequently cited loan purpose was Home Purchase, with 1,266 originations. The 2nd most popular reason was Refi, with 188 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 797 | $235,615,000 | $295,627 |
| 7-8% | 383 | $107,065,000 | $279,543 |
| Over 8% | 362 | $38,810,000 | $107,210 |
| 5-6% | 251 | $69,365,000 | $276,355 |
| 3-4% | 45 | $4,635,000 | $103,000 |
| 4-5% | 16 | $4,760,000 | $297,500 |
| <2.5% | 7 | $255,000 | $36,429 |
| 2.5-3% | 6 | $1,150,000 | $191,667 |
During 2024, Morgantown's most frequently originated rate bucket was 6-7%, with 797 originations.
Loan Sizing (MORGANTOWN, WV MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 690 | $190,640,000 | $276,290 |
| $100k-200k | 574 | $85,600,000 | $149,129 |
| $100,000 or less | 414 | $24,920,000 | $60,193 |
| $400k-600k | 174 | $81,780,000 | $470,000 |
| $600k-1000k | 63 | $45,845,000 | $727,698 |
| $Over $1MM | 29 | $56,905,000 | $1,962,241 |
MORGANTOWN's loan sizing saw the bucket of loans from $200k-400k with 690 originations, totaling $190,640,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 858 | $256,550,000 | $299,009 |
| 60-80% | 405 | $110,135,000 | $271,938 |
| 20-40% | 210 | $30,130,000 | $143,476 |
| Under 20% | 178 | $8,840,000 | $49,663 |
| 40-60% | 173 | $42,735,000 | $247,023 |
| Over 100% | 26 | $9,170,000 | $352,692 |
MORGANTOWN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 858 originations, totaling $256,550,000 in origination value.