Wells Fargo Bank · West Virginia · 2025

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

Wells Fargo Bank took 145 mortgage applications in West Virginia in 2025, ranking #79 of 565 lenders active in the state. It originated 53.1% of them and denied 20.0% (27.4% of the applications it decided), against a statewide denial rate of 21.2%.

145Applicationsin WV
27.4%Decision denial ratestate 26.7%
6.38%Median ratestate 6.62%
$205,000Median loanstate $145,000
$20MVolume33 counties

Wells Fargo Bank in West Virginia vs the state

20.0%Denial rate-1.19 pts vs state
27.4%Decision denial rate+0.70 pts vs state
53.1%Origination rate-1.69 pts vs state
6.38%Median rate-0.25 pts vs state
0.27Rate spread (pts)-0.13 pts vs state
$89kMedian applicant income
77Loans originated
29Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232169722.2%6.63%#48
20241568219.9%6.38%#60
20251457720.0%6.38%#79

What Wells Fargo Bank lends in West Virginia

By loan purpose

Home purchase 86 59% · 11.6% denied
Refinance 13 9% · 15.4% denied
Cash-out refinance 38 26% · 36.8% denied
Home improvement 3 2% · 33.3% denied
Other / HELOC 5 3% · 40.0% denied

By loan type

Conventional 122 84% · 18.9% denied
FHA 14 10% · 35.7% denied
VA 9 6% · 11.1% denied

Why it denied West Virginia applicants

Debt-to-income ratio 13 45%
Credit history 7 24%
Collateral 5 17%
Incomplete application 1 3%
Unverifiable information 1 3%
Insufficient cash 1 3%
Other 1 3%

Where in West Virginia

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berkeley County 26146 23.1%
Jefferson County 22135 22.7%
Wood County 1034 40.0%
Harrison County 841 12.5%
Raleigh County 732 28.6%
Putnam County 742 28.6%
Cabell County 732 28.6%
Mercer County 640 0.0%
Kanawha County 620 0.0%
Morgan County 520 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: 145 applications in 2025, of which 77 were originated and 29 denied.

20.0% of all applications, or 27.4% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Wells Fargo Bank originated in West Virginia in 2025 was 6.38%, against a statewide median of 6.62%.

About this data. Figures are Wells Fargo 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