Pennymac Loan Services in West Virginia vs the state
16.5%Denial rate-4.65 pts vs state
24.9%Decision denial rate-1.76 pts vs state
48.3%Origination rate-6.50 pts vs state
6.12%Median rate-0.50 pts vs state
0.18Rate spread (pts)-0.22 pts vs state
$80kMedian applicant income
368Loans originated
126Denied
Trend in West Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 311 | 122 | 16.4% | 6.50% | #34 |
| 2024 | 517 | 229 | 14.3% | 5.88% | #22 |
| 2025 | 762 | 368 | 16.5% | 6.12% | #16 |
What Pennymac Loan Services lends in West Virginia
By loan purpose
By loan type
Why it denied West Virginia applicants
Where in West Virginia
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Berkeley County | 249 | 127 | 43 | 17.3% |
| Jefferson County | 82 | 42 | 11 | 13.4% |
| Kanawha County | 46 | 17 | 6 | 13.0% |
| Mercer County | 27 | 16 | 5 | 18.5% |
| Hampshire County | 24 | 12 | 6 | 25.0% |
| Wood County | 23 | 12 | 1 | 4.3% |
| Marion County | 22 | 10 | 3 | 13.6% |
| Raleigh County | 22 | 11 | 3 | 13.6% |
| Mineral County | 20 | 7 | 5 | 25.0% |
| Cabell County | 19 | 10 | 1 | 5.3% |
Other large lenders in West Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 3,615 | 23.0% | 6.88% |
| Vanderbilt Mortgage and Finance | F | 3,214 | 38.5% | 9.99% |
| City National Bank of West Virginia | C | 2,870 | 25.0% | 6.29% |
| The Huntington National Bank | D | 2,194 | 28.1% | 7.00% |
| Truist Bank | C | 1,776 | 31.1% | 6.63% |
| Loandepot.Com | D | 1,624 | 18.7% | 6.58% |
| Mortgage Research Center | C | 1,592 | 17.4% | 6.25% |
| WesBanco Bank | B | 1,475 | 16.7% | 6.01% |
| Movement Mortgage | A | 1,167 | 5.4% | 6.63% |
| Crosscountry Mortgage | B | 1,140 | 4.0% | 6.58% |
Frequently asked questions
West Virginia: 762 applications in 2025, of which 368 were originated and 126 denied.
16.5% of all applications, or 24.9% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.
The median rate on loans Pennymac Loan Services originated in West Virginia in 2025 was 6.12%, against a statewide median of 6.62%.
About this data. Figures are Pennymac Loan Services'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