Finance of America Reverse · West Virginia · 2025

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

Finance of America Reverse took 28 mortgage applications in West Virginia in 2025, ranking #181 of 565 lenders active in the state. It originated 57.1% of them and denied 21.4% (27.3% of the applications it decided), against a statewide denial rate of 21.2%.

28Applicationsin WV
27.3%Decision denial ratestate 26.7%
6.38%Median ratestate 6.62%
$115,000Median loanstate $145,000
$2.7MVolume18 counties

Finance of America Reverse in West Virginia vs the state

21.4%Denial rate+0.24 pts vs state
27.3%Decision denial rate+0.61 pts vs state
57.1%Origination rate+2.35 pts vs state
6.38%Median rate-0.25 pts vs state
Rate spread (pts)
$25kMedian applicant income
16Loans originated
6Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023361813.9%7.75%#148
202450348.0%7.29%#132
2025281621.4%6.38%#181

What Finance of America Reverse lends in West Virginia

By loan purpose

Refinance 11 39% · 18.2% denied
Home improvement 2 7% · 0.0% denied
Other / HELOC 15 54% · 26.7% denied

By loan type

FHA 28 100% · 21.4% denied

Why it denied West Virginia applicants

Collateral 3 50%
Insufficient cash 2 33%
Credit history 1 17%

Where in West Virginia

Counties with the most Finance of America Reverse applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berkeley County 541 20.0%
Morgan County 330 0.0%
Wood County 210 0.0%
Putnam County 220 0.0%
Mercer County 201 50.0%
Hancock County 210 0.0%
Marshall County 101 100.0%
Kanawha County 101 100.0%
Brooke County 100 0.0%
Raleigh County 110 0.0%

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: 28 applications in 2025, of which 16 were originated and 6 denied.

21.4% of all applications, or 27.3% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Finance of America Reverse originated in West Virginia in 2025 was 6.38%, against a statewide median of 6.62%.

About this data. Figures are Finance of America Reverse'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