RCN Capital in West Virginia vs the state
65.9%Denial rate+44.66 pts vs state
65.9%Decision denial rate+39.19 pts vs state
34.2%Origination rate-20.64 pts vs state
7.62%Median rate+1.00 pts vs state
—Rate spread (pts)
—Median applicant income
14Loans originated
27Denied
Trend in West Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 47 | 22 | 29.8% | 8.14% | #133 |
| 2024 | 33 | 22 | 12.1% | 7.69% | #162 |
| 2025 | 41 | 14 | 65.9% | 7.62% | #148 |
What RCN Capital lends in West Virginia
By loan purpose
By loan type
Why it denied West Virginia applicants
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: 41 applications in 2025, of which 14 were originated and 27 denied.
65.9% of all applications, or 65.9% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.
The median rate on loans RCN Capital originated in West Virginia in 2025 was 7.62%, against a statewide median of 6.62%.
About this data. Figures are RCN Capital'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