First Exchange Bank · West Virginia · 2025

First Exchange Bank in West Virginia: approval rate, denial rate and rates (2025)

First Exchange Bank took 215 mortgage applications in West Virginia in 2025, ranking #55 of 565 lenders active in the state. It originated 45.6% of them and denied 28.4% (35.5% of the applications it decided), against a statewide denial rate of 21.2%.

215Applicationsin WV
35.5%Decision denial ratestate 26.7%
Median ratestate 6.62%
$165,000Median loanstate $145,000
$22MVolume20 counties

First Exchange Bank in West Virginia vs the state

28.4%Denial rate+7.18 pts vs state
35.5%Decision denial rate+8.81 pts vs state
45.6%Origination rate-9.21 pts vs state
Median rate
Rate spread (pts)
$84kMedian applicant income
98Loans originated
61Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328918715.2%5.75%#38
20241708722.9%#57
20252159828.4%#55

What First Exchange Bank lends in West Virginia

By loan purpose

Home purchase 165 77% · 29.1% denied
Refinance 38 18% · 31.6% denied
Home improvement 6 3% · 0.0% denied
Other / HELOC 6 3% · 16.7% denied

By loan type

Conventional 215 100% · 28.4% denied

Where in West Virginia

Counties with the most First Exchange Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 783224 30.8%
Monongalia County 39239 23.1%
Harrison County 331510 30.3%
Taylor County 1363 23.1%
Wetzel County 1181 9.1%
Preston County 832 25.0%
Lewis County 723 42.9%
Upshur County 633 50.0%
Marshall County 512 40.0%
Doddridge County 320 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: 215 applications in 2025, of which 98 were originated and 61 denied.

28.4% of all applications, or 35.5% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are First Exchange Bank'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