Figure Lending · West Virginia · 2025

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

Figure Lending took 218 mortgage applications in West Virginia in 2025, ranking #54 of 565 lenders active in the state. It originated 49.5% of them and denied 22.9% (24.0% of the applications it decided), against a statewide denial rate of 21.2%.

218Applicationsin WV
24.0%Decision denial ratestate 26.7%
8.48%Median ratestate 6.62%
$55,000Median loanstate $145,000
$7.1MVolume36 counties

Figure Lending in West Virginia vs the state

22.9%Denial rate+1.75 pts vs state
24.0%Decision denial rate-2.62 pts vs state
49.5%Origination rate-5.25 pts vs state
8.48%Median rate+1.85 pts vs state
2.21Rate spread (pts)+1.81 pts vs state
$98kMedian applicant income
108Loans originated
50Denied

What Figure Lending lends in West Virginia

By loan purpose

Home improvement 71 33% · 23.9% denied
Other / HELOC 147 67% · 22.5% denied

By loan type

Conventional 218 100% · 22.9% denied

Why it denied West Virginia applicants

Incomplete application 23 46%
Debt-to-income ratio 14 28%
Credit history 7 14%
Collateral 4 8%
Other 2 4%

Where in West Virginia

Counties with the most Figure Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berkeley County 27145 18.5%
Jefferson County 26155 19.2%
Kanawha County 23107 30.4%
Wood County 1284 33.3%
Monongalia County 1270 0.0%
Cabell County 1283 25.0%
Marion County 932 22.2%
Harrison County 932 22.2%
Ohio County 750 0.0%
Mercer County 714 57.1%

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: 218 applications in 2025, of which 108 were originated and 50 denied.

22.9% of all applications, or 24.0% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Figure Lending originated in West Virginia in 2025 was 8.48%, against a statewide median of 6.62%.

About this data. Figures are Figure Lending'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