Lower · West Virginia · 2025

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

Lower took 106 mortgage applications in West Virginia in 2025, ranking #94 of 565 lenders active in the state. It originated 48.1% of them and denied 16.0% (25.0% of the applications it decided), against a statewide denial rate of 21.2%.

106Applicationsin WV
25.0%Decision denial ratestate 26.7%
6.63%Median ratestate 6.62%
$235,000Median loanstate $145,000
$13MVolume28 counties

Lower in West Virginia vs the state

16.0%Denial rate-5.15 pts vs state
25.0%Decision denial rate-1.66 pts vs state
48.1%Origination rate-6.68 pts vs state
6.63%Median rate0.00 pts vs state
0.37Rate spread (pts)-0.03 pts vs state
$89kMedian applicant income
51Loans originated
17Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023151213.3%7.25%#203
2024854910.6%6.75%#96
20251065116.0%6.63%#94

What Lower lends in West Virginia

By loan purpose

Home purchase 39 37% · 7.7% denied
Refinance 12 11% · 16.7% denied
Cash-out refinance 55 52% · 21.8% denied

By loan type

Conventional 36 34% · 5.6% denied
FHA 43 41% · 14.0% denied
VA 25 24% · 32.0% denied
USDA / RHS 2 2% · 50.0% denied

Why it denied West Virginia applicants

Credit history 6 35%
Debt-to-income ratio 5 29%
Collateral 3 18%
Other 1 6%
Employment history 1 6%
Incomplete application 1 6%

Where in West Virginia

Counties with the most Lower applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berkeley County 28165 17.9%
Jefferson County 25161 4.0%
Kanawha County 711 14.3%
Hampshire County 421 25.0%
Hardy County 421 25.0%
Logan County 302 66.7%
Putnam County 330 0.0%
Morgan County 320 0.0%
Marshall County 311 33.3%
Marion County 300 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: 106 applications in 2025, of which 51 were originated and 17 denied.

16.0% of all applications, or 25.0% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Lower originated in West Virginia in 2025 was 6.63%, against a statewide median of 6.62%.

About this data. Figures are Lower'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