NFM · West Virginia · 2025

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

NFM took 89 mortgage applications in West Virginia in 2025, ranking #99 of 565 lenders active in the state. It originated 79.8% of them and denied 3.4% (4.0% of the applications it decided), against a statewide denial rate of 21.2%.

89Applicationsin WV
4.0%Decision denial ratestate 26.7%
6.75%Median ratestate 6.62%
$285,000Median loanstate $145,000
$22MVolume19 counties

NFM in West Virginia vs the state

3.4%Denial rate-17.82 pts vs state
4.0%Decision denial rate-22.66 pts vs state
79.8%Origination rate+24.99 pts vs state
6.75%Median rate+0.13 pts vs state
0.59Rate spread (pts)+0.19 pts vs state
$105kMedian applicant income
71Loans originated
3Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202356380.0%6.99%#118
202445382.2%6.88%#142
202589713.4%6.75%#99

What NFM lends in West Virginia

By loan purpose

Home purchase 78 88% · 3.9% denied
Refinance 7 8% · 0.0% denied
Cash-out refinance 4 4% · 0.0% denied

By loan type

Conventional 48 54% · 2.1% denied
FHA 24 27% · 8.3% denied
VA 15 17% · 0.0% denied
USDA / RHS 2 2% · 0.0% denied

Why it denied West Virginia applicants

Unverifiable information 1 33%
Debt-to-income ratio 1 33%
Credit history 1 33%

Where in West Virginia

Counties with the most NFM applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berkeley County 30240 0.0%
Jefferson County 19160 0.0%
Fayette County 440 0.0%
Harrison County 422 50.0%
Tucker County 440 0.0%
Kanawha County 420 0.0%
Hardy County 330 0.0%
Randolph County 320 0.0%
Marion County 330 0.0%
Wood County 220 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: 89 applications in 2025, of which 71 were originated and 3 denied.

3.4% of all applications, or 4.0% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans NFM originated in West Virginia in 2025 was 6.75%, against a statewide median of 6.62%.

About this data. Figures are NFM'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