Newrez · West Virginia · 2025

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

Newrez took 538 mortgage applications in West Virginia in 2025, ranking #23 of 565 lenders active in the state. It originated 39.0% of them and denied 18.8% (31.7% of the applications it decided), against a statewide denial rate of 21.2%.

538Applicationsin WV
31.7%Decision denial ratestate 26.7%
6.38%Median ratestate 6.62%
$195,000Median loanstate $145,000
$55MVolume46 counties

Newrez in West Virginia vs the state

18.8%Denial rate-2.42 pts vs state
31.7%Decision denial rate+5.00 pts vs state
39.0%Origination rate-15.76 pts vs state
6.38%Median rate-0.25 pts vs state
0.24Rate spread (pts)-0.16 pts vs state
$91kMedian applicant income
210Loans originated
101Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232257723.6%7.13%#47
202437914321.4%6.75%#30
202553821018.8%6.38%#23

What Newrez lends in West Virginia

By loan purpose

Home purchase 105 20% · 5.7% denied
Refinance 190 35% · 16.3% denied
Cash-out refinance 243 45% · 26.3% denied

By loan type

Conventional 280 52% · 17.5% denied
FHA 141 26% · 27.7% denied
VA 109 20% · 9.2% denied
USDA / RHS 8 1% · 37.5% denied

Why it denied West Virginia applicants

Debt-to-income ratio 47 47%
Collateral 17 17%
Credit history 17 17%
Unverifiable information 8 8%
Other 6 6%
Insufficient cash 3 3%
Employment history 3 3%

Where in West Virginia

Counties with the most Newrez applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berkeley County 1205617 14.2%
Jefferson County 79429 11.4%
Kanawha County 39127 17.9%
Cabell County 37513 35.1%
Wayne County 2245 22.7%
Monongalia County 2195 23.8%
Putnam County 1863 16.7%
Hampshire County 14100 0.0%
Ohio County 1454 28.6%
Harrison County 1323 23.1%

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: 538 applications in 2025, of which 210 were originated and 101 denied.

18.8% of all applications, or 31.7% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Newrez originated in West Virginia in 2025 was 6.38%, against a statewide median of 6.62%.

About this data. Figures are Newrez'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