Putnam County, West Virginia · 2025

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

134 lenders acted on 2,116 mortgage applications for properties in Putnam County in 2025. 19.8% were denied (West Virginia: 21.2%). Median rate on closed loans 6.50%; median loan $155,000; median property value $285,000.

2.1kApplications
19.8%Denial ratestate 21.2%
6.50%Median ratestate 6.62%
$155,000Median loan
$285,000Median property value

Largest lenders in Putnam County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 City National Bank of West Virginia C 255177 17.3%6.29%
2 Vanderbilt Mortgage and Finance F 21731 40.6%9.99%
3 Loandepot.Com D 12595 10.4%6.49%
4 Rocket Mortgage C 11283 17.9%6.88%
5 The Huntington National Bank D 10659 23.6%7.79%
6 Putnam County Bank C 10077 10.0%
7 Guaranteed Rate B 6235 3.2%6.63%
8 United Shore Financial Services B 6250 11.3%6.28%
9 Fifth Third Bank D 6131 32.8%8.10%
10 Mortgage Research Center C 5924 15.3%5.99%
11 Gateway First Bank B 5643 1.8%6.63%
12 Truist Bank C 5230 30.8%6.74%
13 Credit Human Federal Credit Union D 476 83.0%8.40%
14 Primelending, a Plainscapital A 4625 19.6%6.49%
15 The Poca Valley Bank C 4331 11.6%
16 Movement Mortgage A 3827 5.3%6.75%
17 WesBanco Bank B 3423 5.9%6.38%
18 Broker Solutions D 337 6.1%7.25%
19 JPMorgan Chase Bank B 3125 0.0%6.75%
20 Success Mortgage Partners B 2817 0.0%6.50%
21 Carrington Mortgage Services D 249 37.5%6.38%
22 The Ohio Valley Bank A 2321 0.0%5.88%
23 Triad Financial Services D 222 59.1%8.98%
24 Crosscountry Mortgage B 217 0.0%6.45%
25 AmeriSave Mortgage D 194 63.2%8.13%

Best approval odds in Putnam County

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

What Putnam County borrowers applied for

By loan purpose

Home purchase 1,154 55% · 17.2% denied
Refinance 276 13% · 16.7% denied
Cash-out refinance 323 15% · 19.2% denied
Home improvement 179 8% · 29.6% denied
Other / HELOC 184 9% · 32.6% denied

By loan type

Conventional 1,612 76% · 22.1% denied
FHA 279 13% · 13.6% denied
VA 203 10% · 11.3% denied
USDA / RHS 22 1% · 9.1% denied

Why applications were denied

Credit history 159 39%
Debt-to-income ratio 92 23%
Collateral 45 11%
Unverifiable information 39 10%
Incomplete application 39 10%
Other 17 4%
Insufficient cash 10 2%
Employment history 3 1%

Putnam County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,79098222.0%6.63%$135,000
20241,9381,07622.8%6.75%$145,000
20252,1161,18519.8%6.50%$155,000

Frequently asked questions

19.8% of applications in Putnam County were denied in 2025, against 21.2% statewide in West Virginia.

City National Bank of West Virginia, with 255 applications in 2025 and a denial rate of 17.3%.

The median mortgage application in Putnam County in 2025 was for $155,000; the median property value on originated loans was $285,000.