Flagstar Bank · West Virginia · 2025

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

Flagstar Bank took 51 mortgage applications in West Virginia in 2025, ranking #135 of 565 lenders active in the state. It originated 58.8% of them and denied 25.5% (29.6% of the applications it decided), against a statewide denial rate of 21.2%.

51Applicationsin WV
29.6%Decision denial ratestate 26.7%
6.36%Median ratestate 6.62%
$195,000Median loanstate $145,000
$6.9MVolume19 counties

Flagstar Bank in West Virginia vs the state

25.5%Denial rate+4.30 pts vs state
29.6%Decision denial rate+2.89 pts vs state
58.8%Origination rate+4.03 pts vs state
6.36%Median rate-0.26 pts vs state
-0.08Rate spread (pts)-0.48 pts vs state
$100kMedian applicant income
30Loans originated
13Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231537930.1%6.75%#65
20241268821.4%6.43%#74
2025513025.5%6.36%#135

What Flagstar Bank lends in West Virginia

By loan purpose

Home purchase 36 71% · 25.0% denied
Refinance 2 4% · 0.0% denied
Cash-out refinance 11 22% · 27.3% denied
Other / HELOC 2 4% · 50.0% denied

By loan type

Conventional 29 57% · 27.6% denied
FHA 10 20% · 30.0% denied
VA 11 22% · 9.1% denied
USDA / RHS 1 2% · 100.0% denied

Why it denied West Virginia applicants

Incomplete application 5 38%
Debt-to-income ratio 4 31%
Collateral 2 15%
Other 2 15%

Where in West Virginia

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wood County 1293 25.0%
Berkeley County 1041 10.0%
Monongalia County 541 20.0%
Kanawha County 422 50.0%
Hampshire County 321 33.3%
Harrison County 200 0.0%
Marion County 211 50.0%
Preston County 220 0.0%
Hancock County 101 100.0%
Hardy 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: 51 applications in 2025, of which 30 were originated and 13 denied.

25.5% of all applications, or 29.6% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Flagstar Bank originated in West Virginia in 2025 was 6.36%, against a statewide median of 6.62%.

About this data. Figures are Flagstar 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