The Federal Savings Bank · West Virginia · 2025

The Federal Savings Bank in West Virginia: approval rate, denial rate and rates (2025)

The Federal Savings Bank took 146 mortgage applications in West Virginia in 2025, ranking #78 of 565 lenders active in the state. It originated 48.0% of them and denied 6.9% (12.5% of the applications it decided), against a statewide denial rate of 21.2%.

146Applicationsin WV
12.5%Decision denial ratestate 26.7%
6.63%Median ratestate 6.62%
$240,000Median loanstate $145,000
$20MVolume38 counties

The Federal Savings Bank in West Virginia vs the state

6.9%Denial rate-14.34 pts vs state
12.5%Decision denial rate-14.16 pts vs state
48.0%Origination rate-6.84 pts vs state
6.63%Median rate0.00 pts vs state
0.33Rate spread (pts)-0.07 pts vs state
$84kMedian applicant income
70Loans originated
10Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023932716.1%6.75%#90
20241023112.8%6.25%#87
2025146706.9%6.63%#78

What The Federal Savings Bank lends in West Virginia

By loan purpose

Home purchase 28 19% · 3.6% denied
Refinance 7 5% · 0.0% denied
Cash-out refinance 102 70% · 8.8% denied
Home improvement 5 3% · 0.0% denied
Other / HELOC 4 3% · 0.0% denied

By loan type

Conventional 20 14% · 5.0% denied
FHA 27 18% · 7.4% denied
VA 99 68% · 7.1% denied

Why it denied West Virginia applicants

Credit history 3 30%
Incomplete application 2 20%
Debt-to-income ratio 2 20%
Insufficient cash 1 10%
Other 1 10%
Collateral 1 10%

Where in West Virginia

Counties with the most The Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berkeley County 28160 0.0%
Jefferson County 1372 15.4%
Wood County 1160 0.0%
Raleigh County 1022 20.0%
Marion County 731 14.3%
Kanawha County 631 16.7%
Monongalia County 630 0.0%
Putnam County 530 0.0%
Harrison County 520 0.0%
Fayette County 420 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: 146 applications in 2025, of which 70 were originated and 10 denied.

6.9% of all applications, or 12.5% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans The Federal Savings Bank originated in West Virginia in 2025 was 6.63%, against a statewide median of 6.62%.

About this data. Figures are The Federal Savings 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