Fairmont · West Virginia · 2025

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

Fairmont took 370 mortgage applications in West Virginia in 2025, ranking #33 of 565 lenders active in the state. It originated 56.0% of them and denied 28.1% (29.5% of the applications it decided), against a statewide denial rate of 21.2%.

370Applicationsin WV
29.5%Decision denial ratestate 26.7%
5.38%Median ratestate 6.62%
$125,000Median loanstate $145,000
$36MVolume9 counties

Fairmont in West Virginia vs the state

28.1%Denial rate+6.92 pts vs state
29.5%Decision denial rate+2.80 pts vs state
56.0%Origination rate+1.16 pts vs state
5.38%Median rate-1.25 pts vs state
-0.89Rate spread (pts)-1.29 pts vs state
$94kMedian applicant income
207Loans originated
104Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202332515837.5%5.75%#32
202427514033.1%6.50%#41
202537020728.1%5.38%#33

What Fairmont lends in West Virginia

By loan purpose

Home purchase 176 48% · 17.1% denied
Refinance 20 5% · 35.0% denied
Cash-out refinance 65 18% · 35.4% denied
Home improvement 68 18% · 38.2% denied
Other / HELOC 41 11% · 43.9% denied

By loan type

Conventional 370 100% · 28.1% denied

Why it denied West Virginia applicants

Credit history 46 44%
Debt-to-income ratio 34 33%
Insufficient cash 11 11%
Collateral 8 8%
Other 3 3%
Employment history 2 2%

Where in West Virginia

Counties with the most Fairmont applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 18410947 25.5%
Monongalia County 784818 23.1%
Harrison County 753628 37.3%
Taylor County 1483 21.4%
Preston County 1463 21.4%
Upshur County 101 100.0%
Barbour County 101 100.0%
Doddridge County 101 100.0%
Kanawha County 101 100.0%

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: 370 applications in 2025, of which 207 were originated and 104 denied.

28.1% of all applications, or 29.5% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Fairmont originated in West Virginia in 2025 was 5.38%, against a statewide median of 6.62%.

About this data. Figures are Fairmont'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