Waterstone Mortgage · West Virginia · 2025

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

Waterstone Mortgage took 79 mortgage applications in West Virginia in 2025, ranking #105 of 565 lenders active in the state. It originated 67.1% of them and denied 2.5% (3.6% of the applications it decided), against a statewide denial rate of 21.2%.

79Applicationsin WV
3.6%Decision denial ratestate 26.7%
6.63%Median ratestate 6.62%
$275,000Median loanstate $145,000
$16MVolume10 counties

Waterstone Mortgage in West Virginia vs the state

2.5%Denial rate-18.66 pts vs state
3.6%Decision denial rate-23.09 pts vs state
67.1%Origination rate+12.30 pts vs state
6.63%Median rate0.00 pts vs state
0.58Rate spread (pts)+0.18 pts vs state
$99kMedian applicant income
53Loans originated
2Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333250.0%6.75%#153
202453341.9%6.81%#128
202579532.5%6.63%#105

What Waterstone Mortgage lends in West Virginia

By loan purpose

Home purchase 70 89% · 2.9% denied
Refinance 6 8% · 0.0% denied
Cash-out refinance 3 4% · 0.0% denied

By loan type

Conventional 38 48% · 5.3% denied
FHA 26 33% · 0.0% denied
VA 8 10% · 0.0% denied
USDA / RHS 7 9% · 0.0% denied

Why it denied West Virginia applicants

Collateral 1 50%
Debt-to-income ratio 1 50%

Where in West Virginia

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 31241 3.2%
Berkeley County 21140 0.0%
Monroe County 1390 0.0%
Brooke County 431 25.0%
Raleigh County 310 0.0%
Mercer County 210 0.0%
Preston County 200 0.0%
Harrison County 100 0.0%
Monongalia County 110 0.0%
Morgan County 100 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: 79 applications in 2025, of which 53 were originated and 2 denied.

2.5% of all applications, or 3.6% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

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

About this data. Figures are Waterstone Mortgage'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