Bank of Charles Town at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
61st7.4% deniedProcesswithdrawn + incomplete share, weight 15%
47th12.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 205 | 159 | 10.7% | 12.0% | — | $46M |
| 2024 | 239 | 183 | 8.0% | 9.3% | — | $63M |
| 2025 | 247 | 187 | 6.5% | 7.4% | — | $77M |
What Bank of Charles Town lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 40 investment properties.
Who gets approved at Bank of Charles Town
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 52 | 36 | 18.2% |
| $100k – $150k | 39 | 28 | 6.3% |
| $150k – $250k | 72 | 56 | 4.8% |
| Over $250k | 50 | 39 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 49 | 39 | 4.9% |
| 35–44 | 46 | 33 | 9.5% |
| 45–54 | 35 | 23 | 0.0% |
| 55–64 | 46 | 37 | 13.6% |
| 65–74 | 34 | 25 | 12.5% |
Where Bank of Charles Town lends
8 states and 38 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| West Virginia | 128 | 93 | 7.8% | — | #85 |
| Virginia | 89 | 74 | 3.4% | — | #296 |
| Maryland | 20 | 13 | 15.0% | — | #409 |
Frequently asked questions
Bank of Charles Town denied 7.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 61st percentile of small mortgage lenders.
In 2025, 66% of its applications were for home purchases, 15% for refinancing (including cash-out), and 20% for home improvement or other purposes. By loan type: 99% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.