Boone County, West Virginia · 2025

Mortgage lenders in Boone County, WV: denial rates and top lenders (2025)

60 lenders acted on 506 mortgage applications for properties in Boone County in 2025. 35.2% were denied (West Virginia: 21.2%). Median rate on closed loans 6.75%; median loan $105,000; median property value $175,000.

506Applications
35.2%Denial ratestate 21.2%
6.75%Median ratestate 6.62%
$105,000Median loan
$175,000Median property value

Largest lenders in Boone County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 8916 43.8%9.75%
2 Credit Human Federal Credit Union D 311 83.9%8.10%
3 Whitesville State Bank D 2921 24.1%
4 Rocket Mortgage C 2413 33.3%6.88%
5 Broker Solutions D 245 8.3%7.25%
6 Gateway First Bank B 2417 0.0%6.63%
7 Triad Financial Services D 230 60.9%
8 City National Bank of West Virginia C 2210 40.9%6.48%
9 Loandepot.Com D 2014 15.0%7.13%
10 Logan Bank & Trust C 2015 20.0%
11 Truist Bank C 197 47.4%6.60%
12 The Huntington National Bank D 145 57.1%8.39%
13 Mortgage Research Center C 138 15.4%6.12%
14 Peoples Bank C 117 27.3%7.50%
15 Southwest Stage Funding F 91 11.1%10.00%
16 Victorian Finance C 84 0.0%6.68%
17 United Shore Financial Services B 85 0.0%5.99%
18 Movement Mortgage A 85 0.0%6.88%
19 Primelending, a Plainscapital A 81 75.0%7.63%
20 AmeriSave Mortgage D 72 42.9%7.25%
21 Newrez D 71 28.6%6.25%
22 Navy Federal Credit Union D 72 42.9%5.88%
23 21st Mortgage F 60 50.0%
24 Success Mortgage Partners B 65 0.0%6.63%
25 Tammac Holdings D 60 100.0%

Best approval odds in Boone County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Vanderbilt Mortgage and Finance5867.2%

What Boone County borrowers applied for

By loan purpose

Home purchase 316 62% · 35.8% denied
Refinance 54 11% · 27.8% denied
Cash-out refinance 56 11% · 25.0% denied
Home improvement 36 7% · 58.3% denied
Other / HELOC 44 9% · 34.1% denied

By loan type

Conventional 368 73% · 41.6% denied
FHA 94 19% · 22.3% denied
VA 31 6% · 6.5% denied
USDA / RHS 13 3% · 15.4% denied

Why applications were denied

Credit history 89 52%
Debt-to-income ratio 22 13%
Collateral 18 11%
Unverifiable information 18 11%
Incomplete application 9 5%
Other 9 5%
Insufficient cash 5 3%

Boone County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202349319634.5%6.88%$85,000
202449119635.0%6.99%$95,000
202550619535.2%6.75%$105,000

Frequently asked questions

35.2% of applications in Boone County were denied in 2025, against 21.2% statewide in West Virginia.

Vanderbilt Mortgage and Finance, with 89 applications in 2025 and a denial rate of 43.8%.

The median mortgage application in Boone County in 2025 was for $105,000; the median property value on originated loans was $175,000.