Peoples Bank · West Virginia · 2025

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

Peoples Bank took 707 mortgage applications in West Virginia in 2025, ranking #18 of 565 lenders active in the state. It originated 63.1% of them and denied 22.4% (25.0% of the applications it decided), against a statewide denial rate of 21.2%.

707Applicationsin WV
25.0%Decision denial ratestate 26.7%
7.24%Median ratestate 6.62%
$75,000Median loanstate $145,000
$59MVolume38 counties

Peoples Bank in West Virginia vs the state

22.4%Denial rate+1.16 pts vs state
25.0%Decision denial rate-1.70 pts vs state
63.1%Origination rate+8.29 pts vs state
7.24%Median rate+0.62 pts vs state
0.31Rate spread (pts)-0.10 pts vs state
$70kMedian applicant income
446Loans originated
158Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202363538527.6%7.25%#15
202466941423.5%8.13%#17
202570744622.4%7.24%#18

What Peoples Bank lends in West Virginia

By loan purpose

Home purchase 185 26% · 11.4% denied
Refinance 32 5% · 18.8% denied
Cash-out refinance 183 26% · 18.6% denied
Home improvement 231 33% · 30.7% denied
Other / HELOC 76 11% · 34.2% denied

By loan type

Conventional 661 93% · 21.5% denied
FHA 44 6% · 36.4% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied West Virginia applicants

Credit history 68 43%
Debt-to-income ratio 45 28%
Collateral 23 15%
Incomplete application 16 10%
Other 5 3%
Employment history 1 1%

Where in West Virginia

Counties with the most Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wood County 20015425 12.5%
Greenbrier County 825019 23.2%
Jackson County 48337 14.6%
Braxton County 442216 36.4%
Cabell County 432614 32.6%
Mason County 411816 39.0%
Kanawha County 40256 15.0%
Wayne County 23119 39.1%
Upshur County 22106 27.3%
Roane County 16114 25.0%

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: 707 applications in 2025, of which 446 were originated and 158 denied.

22.4% 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 Peoples Bank originated in West Virginia in 2025 was 7.24%, against a statewide median of 6.62%.

About this data. Figures are Peoples Bank'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