Desco in West Virginia vs the state
9.5%Denial rate-11.67 pts vs state
12.5%Decision denial rate-14.16 pts vs state
66.7%Origination rate+11.88 pts vs state
6.81%Median rate+0.19 pts vs state
0.37Rate spread (pts)-0.03 pts vs state
$131kMedian applicant income
14Loans originated
2Denied
Trend in West Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 8 | 5 | 12.5% | 7.25% | #268 |
| 2024 | 18 | 12 | 11.1% | 7.25% | #208 |
| 2025 | 21 | 14 | 9.5% | 6.81% | #193 |
What Desco lends in West Virginia
By loan purpose
By loan type
Why it denied West Virginia applicants
Where in West Virginia
Counties with the most Desco applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cabell County | 11 | 10 | 0 | 0.0% |
| Wayne County | 10 | 4 | 2 | 20.0% |
Other large lenders in West Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 3,615 | 23.0% | 6.88% |
| Vanderbilt Mortgage and Finance | F | 3,214 | 38.5% | 9.99% |
| City National Bank of West Virginia | C | 2,870 | 25.0% | 6.29% |
| The Huntington National Bank | D | 2,194 | 28.1% | 7.00% |
| Truist Bank | C | 1,776 | 31.1% | 6.63% |
| Loandepot.Com | D | 1,624 | 18.7% | 6.58% |
| Mortgage Research Center | C | 1,592 | 17.4% | 6.25% |
| WesBanco Bank | B | 1,475 | 16.7% | 6.01% |
| Movement Mortgage | A | 1,167 | 5.4% | 6.63% |
| Crosscountry Mortgage | B | 1,140 | 4.0% | 6.58% |
Frequently asked questions
West Virginia: 21 applications in 2025, of which 14 were originated and 2 denied.
9.5% of all applications, or 12.5% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.
The median rate on loans Desco originated in West Virginia in 2025 was 6.81%, against a statewide median of 6.62%.
About this data. Figures are Desco'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