West Virginia Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in West Virginia averaged
6.42%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.53% and
one month ago for the week of 2024-10-10, the
average rate was 5.96%.
West Virginia's average rate one year ago was 7.14%.
For refis of the same type during the week of 2024-11-14, the average rate
was 7.87%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| West Virginia 30 Year Fixed Rate | 2024-11-14 | 6.42% |
| West Virginia 30 Year Fixed Rate Refi | 2024-11-14 | 7.87% |
| West Virginia 15 Year Fixed Rate | 2024-11-14 | 6.23% |
| West Virginia 15 Year Fixed Rate Refi | 2024-11-14 | 6.26% |
| West Virginia 30 Year FHA | 2024-11-14 | -0.16% |
| West Virginia 30 Year FHA Refi | 2024-11-14 | -0.2% |
| West Virginia 30 Year USDA | 2024-11-14 | -0.28% |
| West Virginia 30 Year USDA Refi | 2024-11-14 | 0% |
| West Virginia 30 Year VA | 2024-11-14 | -0.17% |
| West Virginia 30 Year VA Refi | 2024-11-14 | 0.1% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within West Virginia.
West Virginia 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 West Virginia 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.).
West Virginia Average Closing Costs & Other Stats
West Virginia's 270 lenders originated 25,487
loans during 2023. The total origination value was $4,510,295,000, with an average loan value of
$176,965.
West Virginia's average closing costs are $4,871.
The top West Virginia lender as defined by loan originations is QUICKEN LOANS, LLC, with
669 loans originated. Their average total fees are
$6,249, which is $4,684
higher than the next largest lender,
City National Bank of West Virginia.
The lowest fee West Virginia lenders (with over 10 loans originated) are
Discover Bank ($0), City National Bank of West Virginia ($1,565), HANCOCK COUNTY SAVINGS BANK, FSB, INC. ($2,034), Community Trust Bank, Inc. ($2,160) and Huntington Federal Savings Bank ($2,517).
The lowest rate West Virginia lenders (with over 10 loans originated) are
FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION (5.55%), FAIRMONT (5.74%), Community Trust Bank, Inc. (5.96%), The Ohio Valley Bank Company (5.98%) and DHI MORTGAGE COMPANY, LTD. (6.01%).
West Virginia 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $451,465,000 | $280,305,000 | -37.9% | 6.2% |
| City National Bank of West Virginia | $292,865,000 | $229,760,000 | -21.5% | 5.1% |
| The Huntington National Bank | $232,230,000 | $169,695,000 | -26.9% | 3.8% |
| WesBanco | $210,420,000 | $148,930,000 | -29.2% | 3.3% |
| Truist | $172,495,000 | $129,415,000 | -25.0% | 2.9% |
| MOVEMENT MORTGAGE, LLC | $158,675,000 | $126,460,000 | -20.3% | 2.8% |
| Mortgage Research Center, LLC | $140,950,000 | $125,195,000 | -11.2% | 2.8% |
| LOANDEPOT.COM, LLC | $201,785,000 | $125,030,000 | -38.0% | 2.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $188,825,000 | $116,805,000 | -38.1% | 2.6% |
| Integrity Home Mortgage Corp | $150,520,000 | $112,890,000 | -25.0% | 2.5% |
| NVR Mortgage Finance, Inc. | $104,470,000 | $100,965,000 | -3.4% | 2.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $65,510,000 | $85,410,000 | 30.4% | 1.9% |
| Summit Community Bank, Inc. | $120,680,000 | $80,385,000 | -33.4% | 1.8% |
| NAVY FEDERAL CREDIT UNION | $85,295,000 | $67,280,000 | -21.1% | 1.5% |
| United Bank | $108,720,000 | $66,750,000 | -38.6% | 1.5% |
| Clear Mountain Bank | $99,610,000 | $64,475,000 | -35.3% | 1.4% |
| The Poca Valley Bank, Inc. | $48,540,000 | $53,120,000 | 9.4% | 1.2% |
| INTERCOASTAL MORTGAGE COMPANY | $67,290,000 | $53,095,000 | -21.1% | 1.2% |
| Peoples Bank | $35,000 | $49,025,000 | 139,971.4% | 1.1% |
| JPMorgan Chase Bank | $72,465,000 | $47,155,000 | -34.9% | 1.0% |
| HOMESPIRE MORTGAGE CORPORATION | $58,805,000 | $45,030,000 | -23.4% | 1.0% |
| Sierra Pacific Mortgage Company, Inc. | $69,435,000 | $44,920,000 | -35.3% | 1.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $45,805,000 | $44,330,000 | -3.2% | 1.0% |
| First Exchange Bank | $39,400,000 | $43,605,000 | 10.7% | 1.0% |
| Victorian Finance, LLC | $66,700,000 | $41,280,000 | -38.1% | 0.9% |
| EAGLE HOME MORTGAGE, LLC | $20,035,000 | $40,865,000 | 104.0% | 0.9% |
| Jefferson Security Bank | $69,470,000 | $40,370,000 | -41.9% | 0.9% |
| PNC Bank | $60,730,000 | $38,900,000 | -35.9% | 0.9% |
| Gateway First Bank | $75,080,000 | $38,640,000 | -48.5% | 0.9% |
| CNB Bank Inc. | $59,285,000 | $35,505,000 | -40.1% | 0.8% |
| Atlantic Coast Mortgage, LLC | $21,960,000 | $34,315,000 | 56.3% | 0.8% |
| Huntington Federal Savings Bank | $38,075,000 | $32,775,000 | -13.9% | 0.7% |
| Alcova Mortgage LLC | $15,475,000 | $32,590,000 | 110.6% | 0.7% |
| First National Bank of Pennsylvania | $16,140,000 | $32,560,000 | 101.7% | 0.7% |
| First Federal Bank of the Midwest | $139,395,000 | $32,500,000 | -76.7% | 0.7% |
| DHI MORTGAGE COMPANY, LTD. | $31,755,000 | $32,215,000 | 1.4% | 0.7% |
| Putnam County Bank | $52,405,000 | $31,685,000 | -39.5% | 0.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $27,110,000 | $28,705,000 | 5.9% | 0.6% |
| USAA Federal Savings Bank | $31,585,000 | $27,865,000 | -11.8% | 0.6% |
| First Heritage Mortgage, LLC | $8,695,000 | $27,790,000 | 219.6% | 0.6% |
| First Community Bank | $81,620,000 | $26,745,000 | -67.2% | 0.6% |
| U.S. Bank | $30,010,000 | $26,370,000 | -12.1% | 0.6% |
| The Ohio Valley Bank Company | $28,885,000 | $25,940,000 | -10.2% | 0.6% |
| BROKER SOLUTIONS, INC. | $26,235,000 | $25,350,000 | -3.4% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $46,670,000 | $24,210,000 | -48.1% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $55,930,000 | $23,640,000 | -57.7% | 0.5% |
| Atlantic Union Bank | $17,870,000 | $23,555,000 | 31.8% | 0.5% |
| First United Corporation | $27,110,000 | $23,295,000 | -14.1% | 0.5% |
| UNION HOME MORTGAGE CORP. | $38,680,000 | $22,795,000 | -41.1% | 0.5% |
| Wells Fargo Bank | $106,255,000 | $22,355,000 | -79.0% | 0.5% |
| HANCOCK COUNTY SAVINGS BANK, FSB, INC. | $31,430,000 | $22,070,000 | -29.8% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $29,425,000 | $20,975,000 | -28.7% | 0.5% |
| Main Street Bank Corp. | $30,650,000 | $20,710,000 | -32.4% | 0.5% |
| Pendleton Community Bank, Inc. | $37,485,000 | $20,600,000 | -45.0% | 0.5% |
| Bank of Charles Town | $23,130,000 | $19,975,000 | -13.6% | 0.4% |
| FAIRMONT | $28,815,000 | $19,810,000 | -31.3% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $56,565,000 | $19,790,000 | -65.0% | 0.4% |
| Prosperity Home Mortgage, LLC | $16,075,000 | $19,360,000 | 20.4% | 0.4% |
| CBM Mortgage, Inc. | $26,150,000 | $19,220,000 | -26.5% | 0.4% |
| BAYER HERITAGE | $20,565,000 | $18,750,000 | -8.8% | 0.4% |
| Logan Bank & Trust Company | $27,155,000 | $17,855,000 | -34.2% | 0.4% |
| Fifth Third Bank | $34,650,000 | $17,760,000 | -48.7% | 0.4% |
| DAS Acquisition Company, LLC | $22,700,000 | $17,750,000 | -21.8% | 0.4% |
| The Grant County Bank | $27,745,000 | $17,345,000 | -37.5% | 0.4% |
| GUARANTEED RATE, INC. | $8,650,000 | $17,215,000 | 99.0% | 0.4% |
| First Federal Savings and Loan Association of Greene Co | $24,180,000 | $17,050,000 | -29.5% | 0.4% |
| Barings Multifamily Capital | $16,205,000 | n/a | 0.4% | |
| FNB Bank, Inc. | $16,365,000 | $15,985,000 | -2.3% | 0.4% |
| NEWREZ LLC | $9,930,000 | $15,555,000 | 56.6% | 0.3% |
| Community Bank of Parkersburg | $33,610,000 | $15,515,000 | -53.8% | 0.3% |
| T2 FINANCIAL LLC | $3,315,000 | $15,330,000 | 362.4% | 0.3% |
| George Mason Mortgage, LLC | $21,950,000 | $15,185,000 | -30.8% | 0.3% |
| BERKELEY POINT CAPITAL LLC | $14,435,000 | n/a | 0.3% | |
| Belmont Savings Bank | $13,755,000 | $14,125,000 | 2.7% | 0.3% |
| FIRST HOME MORTGAGE CORPORATION | $21,965,000 | $12,860,000 | -41.5% | 0.3% |
| WALKER & DUNLOP, LLC | $11,805,000 | $12,755,000 | 8.0% | 0.3% |
| Bank of America | $28,085,000 | $12,740,000 | -54.6% | 0.3% |
| CBRE MULTIFAMILY CAPITAL, INC. | $12,265,000 | n/a | 0.3% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $9,670,000 | $12,140,000 | 25.5% | 0.3% |
| Flagstar Bank, FSB | $26,440,000 | $12,135,000 | -54.1% | 0.3% |
| GSF Mortgage Corporation | $2,430,000 | $12,060,000 | 396.3% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $16,360,000 | $12,055,000 | -26.3% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $16,355,000 | $12,020,000 | -26.5% | 0.3% |
| EMBRACE HOME LOANS, INC. | $30,605,000 | $11,710,000 | -61.7% | 0.3% |
| CALIBER HOME LOANS, INC. | $32,505,000 | $11,140,000 | -65.7% | 0.2% |
| 21ST MORTGAGE CORPORATION | $11,140,000 | $10,985,000 | -1.4% | 0.2% |
| FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION | $10,170,000 | $10,710,000 | 5.3% | 0.2% |
| C & F Mortgage Corporation | $12,695,000 | $10,480,000 | -17.4% | 0.2% |
| Carrington Mortgage Services, LLC | $20,110,000 | $10,435,000 | -48.1% | 0.2% |
| POLARIS HOME FUNDING CORP. | $11,875,000 | $10,135,000 | -14.7% | 0.2% |
| Old National Bank | $235,000 | $10,030,000 | 4,168.1% | 0.2% |
| Farmers and Merchants Trust Company of Chambersburg | $175,000 | $9,800,000 | 5,500.0% | 0.2% |
| Capon Valley Bank | $13,800,000 | $9,580,000 | -30.6% | 0.2% |
| Calhoun County Bank, Inc. | $16,925,000 | $9,455,000 | -44.1% | 0.2% |
| NFM, INC. | $14,555,000 | $9,250,000 | -36.4% | 0.2% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | $6,360,000 | $9,185,000 | 44.4% | 0.2% |
| Community Bank | $9,290,000 | $9,180,000 | -1.2% | 0.2% |
| MCNB Bank and Trust Co. | $11,955,000 | $9,045,000 | -24.3% | 0.2% |
| Discover Bank | $7,785,000 | $8,945,000 | 14.9% | 0.2% |
| The Federal Savings Bank | $16,520,000 | $8,635,000 | -47.7% | 0.2% |
| SUCCESS MORTGAGE PARTNERS, INC. | $8,555,000 | n/a | 0.2% | |
| Williamstown Bank, Inc | $8,525,000 | n/a | 0.2% | |
| GUILD MORTGAGE COMPANY | $8,440,000 | $8,515,000 | 0.9% | 0.2% |
| PLANET HOME LENDING, LLC | $22,875,000 | $8,480,000 | -62.9% | 0.2% |
| Community Trust Bank, Inc. | $8,885,000 | $8,470,000 | -4.7% | 0.2% |
| FIRST NEIGHBORHOOD BANK INC | $8,240,000 | n/a | 0.2% | |
| Bank of Romney | $19,150,000 | $8,105,000 | -57.7% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $7,045,000 | $8,055,000 | 14.3% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $6,975,000 | $8,025,000 | 15.1% | 0.2% |
| RCN Capital, LLC | $930,000 | $7,820,000 | 740.9% | 0.2% |
| First Guaranty Bank | $28,825,000 | $7,660,000 | -73.4% | 0.2% |
| Fayette County National Bank | $10,770,000 | $7,540,000 | -30.0% | 0.2% |
| Clay County Bank, Inc. | $7,550,000 | $7,330,000 | -2.9% | 0.2% |
| M&T Bank | $12,615,000 | $7,275,000 | -42.3% | 0.2% |
| ANCHOR LOANS, LP | $1,245,000 | $6,770,000 | 443.8% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $5,610,000 | $6,660,000 | 18.7% | 0.1% |
| FIRST CHOICE AMERICA COMMUNITY FEDERAL CREDIT UNION | $8,595,000 | $6,615,000 | -23.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,015,000 | $6,575,000 | 547.8% | 0.1% |
| MICHIGAN MUTUAL, INC. | $3,355,000 | $6,415,000 | 91.2% | 0.1% |
| Waterstone Mortgage Corporation | $5,155,000 | $6,315,000 | 22.5% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $9,915,000 | $6,035,000 | -39.1% | 0.1% |
| Presidential Bank, FSB | $4,700,000 | $5,965,000 | 26.9% | 0.1% |
| Towne Bank | $4,280,000 | $5,840,000 | 36.4% | 0.1% |
| WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION | $6,840,000 | $5,670,000 | -17.1% | 0.1% |
| Mars Bank | $3,860,000 | $5,605,000 | 45.2% | 0.1% |
| Whitesville State Bank | $5,500,000 | n/a | 0.1% | |
| NBKC BANK | $5,795,000 | $5,445,000 | -6.0% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $8,815,000 | $5,390,000 | -38.9% | 0.1% |
| PIONEER WEST VIRGINIA | $18,750,000 | $5,330,000 | -71.6% | 0.1% |
| CMG MORTGAGE, INC. | $4,240,000 | $5,315,000 | 25.4% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $14,910,000 | $5,300,000 | -64.5% | 0.1% |
| First-Citizens Bank & Trust Company | $11,445,000 | $5,205,000 | -54.5% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $1,210,000 | $5,130,000 | 324.0% | 0.1% |
| Equity Prime Mortgage LLC | $8,910,000 | $4,710,000 | -47.1% | 0.1% |
| Citizens Bank | $15,890,000 | $4,640,000 | -70.8% | 0.1% |
| WEST VIRGINIA FEDERAL CREDIT UNION | $4,605,000 | n/a | 0.1% | |
| Apple Federal Credit Union | $6,885,000 | $4,395,000 | -36.2% | 0.1% |
| The Farmers Bank & Savings Company | $12,020,000 | $4,325,000 | -64.0% | 0.1% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $6,500,000 | $4,280,000 | -34.2% | 0.1% |
| MILLENNIUM FINANCIAL GROUP, INC. | $2,990,000 | $4,275,000 | 43.0% | 0.1% |
| CARDINAL FINANCIAL | $9,175,000 | $4,255,000 | -53.6% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $2,725,000 | $4,105,000 | 50.6% | 0.1% |
| New Peoples Bank, Inc. | $4,875,000 | $4,105,000 | -15.8% | 0.1% |
| BETTER MORTGAGE CORPORATION | $14,495,000 | $4,085,000 | -71.8% | 0.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $2,395,000 | $3,980,000 | 66.2% | 0.1% |
| Plains Commerce Bank | $905,000 | $3,955,000 | 337.0% | 0.1% |
| Northwest Federal Credit Union | $3,555,000 | $3,880,000 | 9.1% | 0.1% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $4,500,000 | $3,870,000 | -14.0% | 0.1% |
| AMERICAN FINANCING CORPORATION | $9,620,000 | $3,855,000 | -59.9% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $3,320,000 | $3,850,000 | 16.0% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,795,000 | $3,840,000 | 37.4% | 0.1% |
| Farm Credit of the Virginias, ACA | $8,120,000 | $3,625,000 | -55.4% | 0.1% |
| The United Federal Credit Union | $6,905,000 | $3,625,000 | -47.5% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,690,000 | $3,595,000 | 112.7% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $3,480,000 | n/a | 0.1% | |
| Sandy Spring Bank | $3,650,000 | $3,405,000 | -6.7% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $4,020,000 | $3,395,000 | -15.5% | 0.1% |
| JUSTICE Federal Credit Union | $6,760,000 | $3,395,000 | -49.8% | 0.1% |
| NEXTIER BANK, NATIONAL ASSOCIATION | $3,315,000 | n/a | 0.1% | |
| CHESSIE | $8,820,000 | $3,305,000 | -62.5% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,780,000 | $3,220,000 | 80.9% | 0.1% |
| Bank of England | $3,550,000 | $3,075,000 | -13.4% | 0.1% |
| Celco Community Federal Credit Union | $1,065,000 | $3,075,000 | 188.7% | 0.1% |
| Nations Lending Corporation | $8,145,000 | $2,990,000 | -63.3% | 0.1% |
| FIDELITY DIRECT MORTGAGE, LLC | $2,985,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $5,510,000 | $2,950,000 | -46.5% | 0.1% |
| THE STATE CREDIT UNION | $2,935,000 | n/a | 0.1% | |
| Northpointe Bank | $3,820,000 | $2,895,000 | -24.2% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $2,385,000 | $2,890,000 | 21.2% | 0.1% |
| Bank of Clarke County | $6,760,000 | $2,870,000 | -57.5% | 0.1% |
| DEVELOPER'S MORTGAGE COMPANY | $7,300,000 | $2,790,000 | -61.8% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $950,000 | $2,675,000 | 181.6% | 0.1% |
| Blue Ridge Bank | $5,535,000 | $2,640,000 | -52.3% | 0.1% |
| Ally Bank | $11,200,000 | $2,595,000 | -76.8% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $14,790,000 | $2,535,000 | -82.9% | 0.1% |
| Meridian Bank Corporation | $1,165,000 | $2,520,000 | 116.3% | 0.1% |
| NORWICH COMMERCIAL GROUP, INC. | $2,510,000 | n/a | 0.1% | |
| Regions Bank | $2,505,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $595,000 | $2,490,000 | 318.5% | 0.1% |
| Ameris Bank | $2,285,000 | $2,385,000 | 4.4% | 0.1% |
| MidAtlantic Farm Credit, ACA | $2,185,000 | $2,365,000 | 8.2% | 0.1% |
| Charles Schwab Bank, SSB | $195,000 | $2,305,000 | 1,082.1% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $7,230,000 | $2,295,000 | -68.3% | 0.1% |
| LIBERTY HOME MORTGAGE CORPORATION | $8,115,000 | $2,255,000 | -72.2% | 0.0% |
| PATRIOT | $3,230,000 | $2,250,000 | -30.3% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $460,000 | $2,220,000 | 382.6% | 0.0% |
| S&T Bank | $850,000 | $2,175,000 | 155.9% | 0.0% |
| Fulton Bank | $1,735,000 | $2,160,000 | 24.5% | 0.0% |
| WEPCO Federal Credit Union | $4,500,000 | $2,155,000 | -52.1% | 0.0% |
| CAMC Federal Credit Union | $3,370,000 | $2,135,000 | -36.6% | 0.0% |
| Morgan Stanley Private Bank | $7,885,000 | $2,125,000 | -73.1% | 0.0% |
| The First National Bank of Peterstown | $4,425,000 | $2,110,000 | -52.3% | 0.0% |
| ORIX REAL ESTATE CAPITAL, LLC | $2,075,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $635,000 | $2,040,000 | 221.3% | 0.0% |
| BNC National Bank | $1,725,000 | $2,020,000 | 17.1% | 0.0% |
| Shore United Bank | $1,495,000 | $2,010,000 | 34.4% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $1,970,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $1,025,000 | $1,965,000 | 91.7% | 0.0% |
| Members Choice WV Federal Credit Union | $1,945,000 | n/a | 0.0% | |
| Arbor Realty Trust, Inc. | $1,935,000 | n/a | 0.0% | |
| First Commonwealth Bank | $1,785,000 | $1,890,000 | 5.9% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $155,000 | $1,810,000 | 1,067.7% | 0.0% |
| Vellum Mortgage, Inc. | $1,990,000 | $1,775,000 | -10.8% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $4,675,000 | $1,705,000 | -63.5% | 0.0% |
| BAY CAPITAL MORTGAGE CORPORATION | $3,250,000 | $1,685,000 | -48.2% | 0.0% |
| Quontic Bank | $695,000 | $1,675,000 | 141.0% | 0.0% |
| The Central Trust Bank | $550,000 | $1,670,000 | 203.6% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $5,865,000 | $1,625,000 | -72.3% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,685,000 | $1,625,000 | -3.6% | 0.0% |
| MCLEAN MORTGAGE CORPORATION | $28,135,000 | $1,590,000 | -94.3% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,670,000 | $1,580,000 | -5.4% | 0.0% |
| SOMERSET TRUST COMPANY | $100,000 | $1,570,000 | 1,470.0% | 0.0% |
| NASA Federal Credit Union | $25,000 | $1,545,000 | 6,080.0% | 0.0% |
| First Reliance Bank | $1,535,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $1,775,000 | $1,530,000 | -13.8% | 0.0% |
| JAMS-01, INC. | $2,260,000 | $1,530,000 | -32.3% | 0.0% |
| SWBC MORTGAGE CORPORATION | $2,030,000 | $1,530,000 | -24.6% | 0.0% |
| ENVOY MORTGAGE, LTD | $285,000 | $1,435,000 | 403.5% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $5,375,000 | $1,425,000 | -73.5% | 0.0% |
| Renasant Bank | $1,350,000 | $1,405,000 | 4.1% | 0.0% |
| Unified Bank | $3,740,000 | $1,400,000 | -62.6% | 0.0% |
| BMO Harris Bank | $1,380,000 | n/a | 0.0% | |
| TOWER | $2,075,000 | $1,340,000 | -35.4% | 0.0% |
| OHIO VALLEY COMMUNITY FEDERAL CREDIT UNION | $1,525,000 | $1,310,000 | -14.1% | 0.0% |
| SIWELL, INC. | $2,925,000 | $1,280,000 | -56.2% | 0.0% |
| FIRST BANCORP | $530,000 | $1,255,000 | 136.8% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $315,000 | $1,235,000 | 292.1% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,515,000 | $1,230,000 | -18.8% | 0.0% |
| TJC Mortgage, Inc. | $7,190,000 | $1,230,000 | -82.9% | 0.0% |
| F & M BANK CORP. | $1,990,000 | $1,190,000 | -40.2% | 0.0% |
| Kentucky Farmers Bank Corporation | $1,295,000 | $1,190,000 | -8.1% | 0.0% |
| United Nations Federal Credit Union | $1,850,000 | $1,190,000 | -35.7% | 0.0% |
| ASHLAND Credit Union | $1,470,000 | $1,185,000 | -19.4% | 0.0% |
| First Horizon Bank | $915,000 | $1,185,000 | 29.5% | 0.0% |
| SOUTHERN TRUST MORTGAGE, LLC | $1,100,000 | $1,150,000 | 4.5% | 0.0% |
| Virginia Partners Bank | $1,140,000 | n/a | 0.0% | |
| MYCUMORTGAGE, LLC | $4,140,000 | $1,115,000 | -73.1% | 0.0% |
| First Federal Bank | $2,120,000 | $1,080,000 | -49.1% | 0.0% |
| AgFirst Farm Credit Bank | $4,700,000 | $1,005,000 | -78.6% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $640,000 | $1,000,000 | 56.3% | 0.0% |
| THE MORTGAGE LINK, INC. | $3,220,000 | $995,000 | -69.1% | 0.0% |
| Capital Bank | $395,000 | $975,000 | 146.8% | 0.0% |
| Clearview Federal Credit Union | $325,000 | $960,000 | 195.4% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $2,370,000 | $940,000 | -60.3% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $815,000 | $925,000 | 13.5% | 0.0% |
| EASTMAN | $780,000 | $925,000 | 18.6% | 0.0% |
| Burke & Herbert Bank & Trust Company | $905,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $135,000 | $895,000 | 563.0% | 0.0% |
| EMM LOANS LLC | $205,000 | $885,000 | 331.7% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $795,000 | $885,000 | 11.3% | 0.0% |
| STAR USA FEDERAL CREDIT UNION | $2,310,000 | $880,000 | -61.9% | 0.0% |
| State Department Federal Credit Union | $415,000 | $880,000 | 112.0% | 0.0% |
| TOWNE MORTGAGE COMPANY | $3,605,000 | $845,000 | -76.6% | 0.0% |
| Ixonia Bank | $230,000 | $830,000 | 260.9% | 0.0% |
| American National Bank and Trust Company | $820,000 | n/a | 0.0% | |
| Magnolia Bank | $3,910,000 | $815,000 | -79.2% | 0.0% |
| NATIONAL INSTITUTES OF HEALTH FEDERAL CREDIT UNION | $625,000 | $805,000 | 28.8% | 0.0% |
| UNIVERSAL Federal Credit Union | $1,110,000 | $790,000 | -28.8% | 0.0% |
| EVERETT FINANCIAL, INC. | $5,395,000 | $780,000 | -85.5% | 0.0% |
| Select Bank | $780,000 | n/a | 0.0% | |
| Univest Bank and Trust Co. | $780,000 | n/a | 0.0% | |
| DESCO | $4,880,000 | $755,000 | -84.5% | 0.0% |
| York Traditions Bank | $1,080,000 | $750,000 | -30.6% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $295,000 | $735,000 | 149.2% | 0.0% |
| PHH Mortgage Corporation | $2,580,000 | $735,000 | -71.5% | 0.0% |
| Centennial Bank | $725,000 | n/a | 0.0% | |
| Wyndham Capital Mortgage, Inc. | $7,030,000 | $720,000 | -89.8% | 0.0% |
| GoPrime Mortgage, Inc. | $710,000 | n/a | 0.0% | |
| NORTHROP GRUMMAN Federal Credit Union | $920,000 | $700,000 | -23.9% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $9,080,000 | $695,000 | -92.3% | 0.0% |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $685,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,020,000 | $680,000 | -33.3% | 0.0% |
| First Savings Bank | $870,000 | $670,000 | -23.0% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $670,000 | n/a | 0.0% | |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $300,000 | $635,000 | 111.7% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $2,730,000 | $625,000 | -77.1% | 0.0% |
| GENEVA FINANCIAL, LLC | $1,140,000 | $615,000 | -46.1% | 0.0% |
| Chain Bridge Bank | $505,000 | $605,000 | 19.8% | 0.0% |
| NEXERA HOLDING LLC | $600,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $2,550,000 | $590,000 | -76.9% | 0.0% |
| Orrstown Bank | $45,000 | $580,000 | 1,188.9% | 0.0% |
| LENDINGONE, LLC | $250,000 | $575,000 | 130.0% | 0.0% |
| LAFAYETTE FEDERAL CREDIT UNION | $55,000 | $570,000 | 936.4% | 0.0% |
| Willamette Valley Bank | $125,000 | $570,000 | 356.0% | 0.0% |
| Armed Forces Bank | $1,425,000 | $560,000 | -60.7% | 0.0% |
| MORIA DEVELOPMENT, INC. | $995,000 | $560,000 | -43.7% | 0.0% |
| Community First National Bank | $880,000 | $555,000 | -36.9% | 0.0% |
| FirstBank | $1,865,000 | $525,000 | -71.8% | 0.0% |
| Pinnacle Bank | $2,995,000 | $525,000 | -82.5% | 0.0% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $520,000 | n/a | 0.0% | |
| Dollar Bank, Federal Savings Bank | $1,100,000 | $520,000 | -52.7% | 0.0% |
| NEXTMARK | $410,000 | $520,000 | 26.8% | 0.0% |
| North American Savings Bank, F.S.B. | $6,120,000 | $520,000 | -91.5% | 0.0% |
| Woodsboro Bank | $520,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $315,000 | $515,000 | 63.5% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $510,000 | n/a | 0.0% | |
| ACT 1ST FCU | $635,000 | $500,000 | -21.3% | 0.0% |
| BAY EQUITY LLC | $240,000 | $500,000 | 108.3% | 0.0% |
| CITIZENS EQUITY FIRST | $385,000 | $480,000 | 24.7% | 0.0% |
| DIGITAL Federal Credit Union | $895,000 | $475,000 | -46.9% | 0.0% |
| Signature Federal Credit Union | $475,000 | n/a | 0.0% | |
| The Park National Bank | $975,000 | $475,000 | -51.3% | 0.0% |
| MEMBERS 1ST FEDERAL CREDIT UNION | $705,000 | $470,000 | -33.3% | 0.0% |
| ALLIANT CREDIT UNION | $335,000 | $460,000 | 37.3% | 0.0% |
| Bank of the James | $95,000 | $455,000 | 378.9% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $360,000 | $450,000 | 25.0% | 0.0% |
| MORTGAGE ACCESS CORP. | $1,640,000 | $450,000 | -72.6% | 0.0% |
| Citizens Bank of Kentucky, Inc. | $1,210,000 | $430,000 | -64.5% | 0.0% |
| COMMONWEALTH ONE FEDERAL CREDIT UNION | $110,000 | $425,000 | 286.4% | 0.0% |
| One Community Federal Credit Union | $425,000 | n/a | 0.0% | |
| Consumers National Bank | $420,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $1,960,000 | $420,000 | -78.6% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $2,925,000 | $420,000 | -85.6% | 0.0% |
| Stifel Bank and Trust | $1,265,000 | $420,000 | -66.8% | 0.0% |
| First Bank | $415,000 | $415,000 | 0.0% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $700,000 | $415,000 | -40.7% | 0.0% |
| Citibank | $3,330,000 | $410,000 | -87.7% | 0.0% |
| Hometown Equity Mortgage, LLC | $405,000 | $410,000 | 1.2% | 0.0% |
| ACNB Bank | $695,000 | $405,000 | -41.7% | 0.0% |
| Deere Employees Credit Union | $75,000 | $405,000 | 440.0% | 0.0% |
| GENERAL ELECTRIC CREDIT UNION | $405,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $550,000 | $385,000 | -30.0% | 0.0% |
| PARTNERS 1ST Federal Credit Union | $1,405,000 | $385,000 | -72.6% | 0.0% |
| Mid-Continent Funding, Inc. | $1,885,000 | $380,000 | -79.8% | 0.0% |
| KINECTA | $150,000 | $375,000 | 150.0% | 0.0% |
| LegacyBank | $375,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $370,000 | n/a | 0.0% | |
| CRESCENT MORTGAGE COMPANY | $930,000 | $365,000 | -60.8% | 0.0% |
| IDB Global Federal Credit Union | $365,000 | n/a | 0.0% | |
| TELCOE FEDERAL CREDIT UNION | $365,000 | n/a | 0.0% | |
| Raymond James Bank | $115,000 | $355,000 | 208.7% | 0.0% |
| Academy Bank | $345,000 | n/a | 0.0% | |
| Paramount Bank | $165,000 | $325,000 | 97.0% | 0.0% |
| THRIVENT Federal Credit Union | $50,000 | $320,000 | 540.0% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $310,000 | n/a | 0.0% | |
| AmeriServ Financial Bank | $255,000 | $305,000 | 19.6% | 0.0% |
| Christian Community Credit Union | $75,000 | $305,000 | 306.7% | 0.0% |
| NYMEO FEDERAL CREDIT UNION | $220,000 | $305,000 | 38.6% | 0.0% |
| MidFirst Bank | $35,000 | $300,000 | 757.1% | 0.0% |
| TOTAL MORTGAGE SERVICES, LLC | $300,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $2,365,000 | $280,000 | -88.2% | 0.0% |
| SUMMIT FUNDING, INC. | $280,000 | n/a | 0.0% | |
| KELLER MORTGAGE, LLC | $1,630,000 | $275,000 | -83.1% | 0.0% |
| The Freedom Bank of Virginia | $1,185,000 | $275,000 | -76.8% | 0.0% |
| Uwharrie Bank | $275,000 | n/a | 0.0% | |
| Commercial Lender LLC | $260,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $1,830,000 | $255,000 | -86.1% | 0.0% |
| InFirst Bank | $255,000 | n/a | 0.0% | |
| LEBANON | $250,000 | n/a | 0.0% | |
| General Mortgage Capital Corporation | $245,000 | n/a | 0.0% | |
| FIRST OHIO HOME FINANCE, INC. | $350,000 | $240,000 | -31.4% | 0.0% |
| FIDELITY BANK | $235,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $285,000 | $235,000 | -17.5% | 0.0% |
| RBC Bank, (Georgia) | $285,000 | $235,000 | -17.5% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $230,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $225,000 | n/a | 0.0% | |
| HOME TOWN FUNDING, INC. | $225,000 | n/a | 0.0% | |
| Virginia National Bank | $225,000 | n/a | 0.0% | |
| Connexus Credit Union | $220,000 | n/a | 0.0% | |
| Baxter Credit Union | $60,000 | $215,000 | 258.3% | 0.0% |
| NexBank | $215,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $210,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $100,000 | $205,000 | 105.0% | 0.0% |
| PARK VIEW FEDERAL CREDIT UNION | $505,000 | $205,000 | -59.4% | 0.0% |
| ALLEGACY FEDERAL CREDIT UNION | $105,000 | $195,000 | 85.7% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $195,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $480,000 | $195,000 | -59.4% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $345,000 | $195,000 | -43.5% | 0.0% |
| US MORTGAGE CORPORATION | $380,000 | $195,000 | -48.7% | 0.0% |
| Wilmington Savings Fund Society, FSB | $195,000 | n/a | 0.0% | |
| GENISYS | $185,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $485,000 | $185,000 | -61.9% | 0.0% |
| Logan Finance Corporation | $265,000 | $185,000 | -30.2% | 0.0% |
| Stock Yards Bank & Trust Company | $185,000 | n/a | 0.0% | |
| WRIGHT-PATT CREDIT UNION, INC. | $185,000 | n/a | 0.0% | |
| N R L Federal Credit Union | $235,000 | $180,000 | -23.4% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $225,000 | $175,000 | -22.2% | 0.0% |
| Greenbox Loans, Inc. | $175,000 | n/a | 0.0% | |
| Heartland Bank | $175,000 | n/a | 0.0% | |
| ITHINK FINANCIAL Credit Union | $175,000 | n/a | 0.0% | |
| Princeton Mortgage Corporation | $115,000 | $175,000 | 52.2% | 0.0% |
| The Union Bank Company | $175,000 | n/a | 0.0% | |
| Visio Financial Services Inc. | $315,000 | $175,000 | -44.4% | 0.0% |
| CORNING | $170,000 | $170,000 | 0.0% | 0.0% |
| MEMBERS CHOICE | $295,000 | $165,000 | -44.1% | 0.0% |
| The Peoples State Bank of Newton, Illinois | $165,000 | n/a | 0.0% | |
| Arvest Bank | $1,140,000 | $160,000 | -86.0% | 0.0% |
| NATIONAL BANKSHARES, INC. | $215,000 | $160,000 | -25.6% | 0.0% |
| Centier Bank | $145,000 | $155,000 | 6.9% | 0.0% |
| CHEVRON | $155,000 | n/a | 0.0% | |
| Northwest Bank | $505,000 | $155,000 | -69.3% | 0.0% |
| STANFORD Federal Credit Union | $155,000 | n/a | 0.0% | |
| TEACHERS | $155,000 | n/a | 0.0% | |
| THRIVE MORTGAGE, LLC | $225,000 | $155,000 | -31.1% | 0.0% |
| Bank-Fund Staff Federal Credit Union | $360,000 | $150,000 | -58.3% | 0.0% |
| EDUCATIONAL SYSTEMS | $1,100,000 | $145,000 | -86.8% | 0.0% |
| FREEDOM FIRST | $470,000 | $145,000 | -69.1% | 0.0% |
| Oakstar Bank | $145,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $275,000 | $145,000 | -47.3% | 0.0% |
| Elements Financial Federal Credit Union | $65,000 | $135,000 | 107.7% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| The Bank of Marion | $135,000 | n/a | 0.0% | |
| ARC HOME LLC | $465,000 | $125,000 | -73.1% | 0.0% |
| Countybank | $125,000 | n/a | 0.0% | |
| First Federal Savings and Loan Association of Lakewood | $375,000 | $125,000 | -66.7% | 0.0% |
| ON Q FINANCIAL, INC. | $45,000 | $125,000 | 177.8% | 0.0% |
| Meade County Bank | $95,000 | $120,000 | 26.3% | 0.0% |
| APCI Federal Credit Union | $115,000 | n/a | 0.0% | |
| HANSCOM | $115,000 | n/a | 0.0% | |
| ADVANCIAL | $105,000 | n/a | 0.0% | |
| Farmers State Bank of Alto Pass | $105,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $105,000 | n/a | 0.0% | |
| Orion Federal Credit Union | $105,000 | n/a | 0.0% | |
| State Financial Network, LLC | $105,000 | n/a | 0.0% | |
| First State Bank | $470,000 | $100,000 | -78.7% | 0.0% |
| UNIVERSITY CREDIT UNION | $95,000 | n/a | 0.0% | |
| Southwest Airlines Federal Credit Union | $85,000 | n/a | 0.0% | |
| Service Federal Credit Union | $815,000 | $80,000 | -90.2% | 0.0% |
| SkyPoint Federal Credit Union | $150,000 | $80,000 | -46.7% | 0.0% |
| ATLANTA POSTAL | $65,000 | $75,000 | 15.4% | 0.0% |
| Farmers Bank & Trust | $380,000 | $75,000 | -80.3% | 0.0% |
| First Federal Bank of Kansas City | $415,000 | $75,000 | -81.9% | 0.0% |
| S1L, Inc. | $820,000 | $75,000 | -90.9% | 0.0% |
| FEDCHOICE Federal Credit Union | $205,000 | $65,000 | -68.3% | 0.0% |
| First National Bank of America | $360,000 | $65,000 | -81.9% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $75,000 | $65,000 | -13.3% | 0.0% |
| APL | $55,000 | $55,000 | 0.0% | 0.0% |
| DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION | $75,000 | $55,000 | -26.7% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $25,110,000 | $55,000 | -99.8% | 0.0% |
| PROPONENT Federal Credit Union | $45,000 | $55,000 | 22.2% | 0.0% |
| Secured Investment Corp. | $75,000 | $55,000 | -26.7% | 0.0% |
| TENNESSEE VALLEY | $55,000 | n/a | 0.0% | |
| UNIFY FINANCIAL Credit Union | $345,000 | $50,000 | -85.5% | 0.0% |
| 1st Summit Bank | $610,000 | $45,000 | -92.6% | 0.0% |
| PRINCE GEORGE'S COMMUNITY | $45,000 | n/a | 0.0% | |
| Skyline National Bank | $45,000 | n/a | 0.0% | |
| The Farmers National Bank of Canfield | $375,000 | $45,000 | -88.0% | 0.0% |
| ALTRA | $35,000 | n/a | 0.0% | |
| MTC Federal Credit Union | $35,000 | n/a | 0.0% | |
| Servion, Inc. | $390,000 | $35,000 | -91.0% | 0.0% |
| AMERICAN HERITAGE FCU | $25,000 | n/a | 0.0% | |
| CHERRY CREEK MORTGAGE, LLC | $25,000 | $25,000 | 0.0% | 0.0% |
| LIBRARY OF CONGRESS | $25,000 | n/a | 0.0% |
West Virginia's top lender by overall market share is QUICKEN LOANS, LLC, with 6.2% market share. In second place, with 5.1%, is City National Bank of West Virginia, having originated $229,760,000 in loans. In third place, with 3.8%, is The Huntington National Bank, having originated $169,695,000 in loans. In fourth place, with 3.3%, is WesBanco, having originated $148,930,000 in loans. In fifth place, with 2.9%, is Truist, having originated $129,415,000 in loans.
West Virginia Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 16,212 | $3,396,190,000 | $209,486 |
| Cash Out Refi | 2,822 | $442,890,000 | $156,942 |
| Refi | 2,211 | $342,255,000 | $154,796 |
| Home Improvement | 2,190 | $164,710,000 | $75,210 |
| Other | 2,049 | $164,105,000 | $80,090 |
| NA | 3 | $145,000 | $48,333 |
West Virginia's most frequently cited loan purpose was Home Purchase, with 16,212 originations. The 2nd most popular reason was Cash Out Refi, with 2,822 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 8,282 | $1,675,840,000 | $202,347 |
| 7-8% | 4,913 | $917,145,000 | $186,677 |
| 5-6% | 4,565 | $979,895,000 | $214,654 |
| Over 8% | 3,370 | $327,850,000 | $97,285 |
| <2.5% | 484 | $28,270,000 | $58,409 |
| 4-5% | 397 | $68,685,000 | $173,010 |
| 2.5-3% | 323 | $25,725,000 | $79,644 |
| 3-4% | 257 | $21,735,000 | $84,572 |
During 2023, West Virginia's most frequently originated rate bucket was 6-7%, with 8,282 originations.
Loan Sizing (West Virginia MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 8,705 | $498,145,000 | $57,225 |
| $100k-200k | 8,476 | $1,223,450,000 | $144,343 |
| $200k-400k | 6,923 | $1,899,855,000 | $274,427 |
| $400k-600k | 1,041 | $488,645,000 | $469,400 |
| $600k-1000k | 259 | $184,255,000 | $711,409 |
| $Over $1MM | 83 | $215,945,000 | $2,601,747 |
West Virginia's loan sizing saw the bucket of loans from $100,000 or less with 8,705 originations, totaling $498,145,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 11,474 | $2,473,510,000 | $215,575 |
| 60-80% | 3,964 | $849,200,000 | $214,228 |
| 20-40% | 2,425 | $208,345,000 | $85,915 |
| Under 20% | 2,283 | $100,835,000 | $44,168 |
| 40-60% | 1,961 | $280,075,000 | $142,823 |
| Over 100% | 379 | $113,515,000 | $299,512 |
West Virginia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 11,474 originations, totaling $2,473,510,000 in origination value.