Mortgage lender · Logan, WV · LEI 5493005G7RUITYI5B094

Logan Bank & Trust review: approval odds, rates and grade (2025)

Logan Bank & Trust earns a C, in line with the typical performance of small mortgage lenders. It turned down 13.6% of the applications it decided on in 2025, which ranks in the 34th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

250Applications2025
77.6%Originatedof applications
13.6%Decision denial ratenational 22.6%
Median ratenational 6.63%
$27MLoan volume3 states

Logan Bank & Trust at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

12.4%Denial rate (all applications)-5.58 pts vs national
13.6%Denial rate (decided applications)-8.99 pts vs national
77.6%Origination rate+19.57 pts vs national
8.8%Withdrawn by applicant
0.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$95,000Median loan amount
Median total loan costs
$92kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

34th13.6% denied

Processwithdrawn + incomplete share, weight 15%

64th8.8%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202327316720.5%24.1%$19M
202424416120.1%22.9%$23M
202525019412.4%13.6%$27M

What Logan Bank & Trust lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 160 64% · 9.4% denied
Refinance 49 20% · 16.3% denied
Home improvement 24 10% · 16.7% denied
Other / HELOC 17 7% · 23.5% denied

By loan type

Conventional 250 100% · 12.4% denied

Also: 0 home-equity lines, 0 reverse mortgages, 67 manufactured homes, 23 investment properties.

Why Logan Bank & Trust denies applications

Primary reason reported for each of the 31 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 23 74%
Debt-to-income ratio 5 16%
Collateral 1 3%
Employment history 1 3%
Insufficient cash 1 3%

How these reasons compare nationally →

Who gets approved at Logan Bank & Trust

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k382429.4%
$50k – $100k987912.1%
$100k – $150k584511.5%
$150k – $250k35313.1%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25262116.0%
25–34503811.4%
35–44442818.9%
45–54423417.1%
55–64483811.6%
65–7421204.8%

Where Logan Bank & Trust lends

3 states and 4 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
West Virginia20815913.5%#58

Frequently asked questions

Logan Bank & Trust denied 13.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 34th percentile of small mortgage lenders.

The most common reason Logan Bank & Trust gave in 2025 was "credit history", cited on 74.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 64% of its applications were for home purchases, 20% for refinancing (including cash-out), and 16% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Logan Bank & Trust. Data sources · Methodology