Morgantown Bank & Trust Company at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
85th2.7% deniedPricingmedian rate spread over APOR, weight 30%
14th0.88 ptsProcesswithdrawn + incomplete share, weight 15%
95th0.0%Closing coststotal loan costs ÷ loan amount, weight 10%
81st1.12% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 183 | 158 | 6.0% | 6.1% | 7.50% | $34M |
| 2024 | 212 | 183 | 5.2% | 5.2% | 7.50% | $39M |
| 2025 | 185 | 166 | 2.7% | 2.7% | 6.95% | $36M |
What Morgantown Bank & Trust Company 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
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 60 investment properties.
Why Morgantown Bank & Trust Company denies applications
Primary reason reported for each of the 5 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Morgantown Bank & Trust Company
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 21 | 18 | 9.5% |
| $50k – $100k | 49 | 44 | 0.0% |
| $100k – $150k | 40 | 36 | 7.5% |
| $150k – $250k | 26 | 22 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 27 | 22 | 0.0% |
| 35–44 | 36 | 32 | 5.6% |
| 45–54 | 36 | 31 | 5.6% |
| 55–64 | 37 | 33 | 2.7% |
Where Morgantown Bank & Trust Company lends
4 states and 19 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Morgantown Bank & Trust Company denied 2.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 85th percentile of small mortgage lenders.
The most common reason Morgantown Bank & Trust Company gave in 2025 was "credit history", cited on 100.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Morgantown Bank & Trust Company originated in 2025 was 6.95%, and its median rate spread over the average prime offer rate was 0.88 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 52% of its applications were for home purchases, 34% for refinancing (including cash-out), and 14% 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.