Bank of America · West Virginia · 2025

Bank of America in West Virginia: approval rate, denial rate and rates (2025)

Bank of America took 248 mortgage applications in West Virginia in 2025, ranking #49 of 565 lenders active in the state. It originated 30.2% of them and denied 44.0% (58.9% of the applications it decided), against a statewide denial rate of 21.2%.

248Applicationsin WV
58.9%Decision denial ratestate 26.7%
6.49%Median ratestate 6.62%
$75,000Median loanstate $145,000
$16MVolume35 counties

Bank of America in West Virginia vs the state

44.0%Denial rate+22.76 pts vs state
58.9%Decision denial rate+32.26 pts vs state
30.2%Origination rate-24.55 pts vs state
6.49%Median rate-0.13 pts vs state
1.28Rate spread (pts)+0.88 pts vs state
$112kMedian applicant income
75Loans originated
109Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232907459.0%7.49%#37
20242256050.7%6.99%#48
20252487544.0%6.49%#49

What Bank of America lends in West Virginia

By loan purpose

Home purchase 45 18% · 13.3% denied
Refinance 22 9% · 36.4% denied
Cash-out refinance 4 2% · 25.0% denied
Home improvement 119 48% · 58.8% denied
Other / HELOC 58 23% · 41.4% denied

By loan type

Conventional 247 100% · 44.1% denied
FHA 1 0% · 0.0% denied

Why it denied West Virginia applicants

Credit history 71 65%
Debt-to-income ratio 24 22%
Collateral 7 6%
Unverifiable information 6 6%
Other 1 1%

Where in West Virginia

Counties with the most Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berkeley County 511524 47.1%
Jefferson County 30613 43.3%
Kanawha County 1985 26.3%
Monongalia County 1664 25.0%
Harrison County 1473 21.4%
Putnam County 1348 61.5%
Cabell County 1347 53.8%
Wood County 1265 41.7%
Hancock County 715 71.4%
Fayette County 707 100.0%

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: 248 applications in 2025, of which 75 were originated and 109 denied.

44.0% of all applications, or 58.9% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Bank of America originated in West Virginia in 2025 was 6.49%, against a statewide median of 6.62%.

About this data. Figures are Bank of America'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