Alcova Mortgage · West Virginia · 2025

Alcova Mortgage in West Virginia: approval rate, denial rate and rates (2025)

Alcova Mortgage took 335 mortgage applications in West Virginia in 2025, ranking #38 of 565 lenders active in the state. It originated 76.1% of them and denied 2.4% (2.7% of the applications it decided), against a statewide denial rate of 21.2%.

335Applicationsin WV
2.7%Decision denial ratestate 26.7%
6.75%Median ratestate 6.62%
$165,000Median loanstate $145,000
$49MVolume28 counties

Alcova Mortgage in West Virginia vs the state

2.4%Denial rate-18.80 pts vs state
2.7%Decision denial rate-24.01 pts vs state
76.1%Origination rate+21.33 pts vs state
6.75%Median rate+0.13 pts vs state
0.58Rate spread (pts)+0.18 pts vs state
$70kMedian applicant income
255Loans originated
8Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232461843.3%6.88%#43
20242662081.5%7.00%#42
20253352552.4%6.75%#38

What Alcova Mortgage lends in West Virginia

By loan purpose

Home purchase 285 85% · 2.8% denied
Refinance 50 15% · 0.0% denied

By loan type

Conventional 138 41% · 2.9% denied
FHA 97 29% · 1.0% denied
VA 28 8% · 7.1% denied
USDA / RHS 72 21% · 1.4% denied

Why it denied West Virginia applicants

Debt-to-income ratio 3 38%
Collateral 2 25%
Other 1 13%
Incomplete application 1 13%
Credit history 1 13%

Where in West Virginia

Counties with the most Alcova Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Greenbrier County 102790 0.0%
Mineral County 61522 3.3%
Nicholas County 30230 0.0%
Mercer County 24181 4.2%
Summers County 16111 6.3%
Raleigh County 14100 0.0%
Monroe County 14120 0.0%
Hardy County 1072 20.0%
Fayette County 951 11.1%
Berkeley County 750 0.0%

Other large lenders in West Virginia

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 3,61523.0%6.88%
Vanderbilt Mortgage and FinanceF 3,21438.5%9.99%
City National Bank of West VirginiaC 2,87025.0%6.29%
The Huntington National BankD 2,19428.1%7.00%
Truist BankC 1,77631.1%6.63%
Loandepot.ComD 1,62418.7%6.58%
Mortgage Research CenterC 1,59217.4%6.25%
WesBanco BankB 1,47516.7%6.01%
Movement MortgageA 1,1675.4%6.63%
Crosscountry MortgageB 1,1404.0%6.58%

Frequently asked questions

West Virginia: 335 applications in 2025, of which 255 were originated and 8 denied.

2.4% of all applications, or 2.7% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Alcova Mortgage originated in West Virginia in 2025 was 6.75%, against a statewide median of 6.62%.

About this data. Figures are Alcova Mortgage's own HMDA filing for properties located in West Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology