Summers County, West Virginia · 2025

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

65 lenders acted on 285 mortgage applications for properties in Summers County in 2025. 25.3% were denied (West Virginia: 21.2%). Median rate on closed loans 6.88%; median loan $105,000; median property value $195,000.

285Applications
25.3%Denial ratestate 21.2%
6.88%Median ratestate 6.62%
$105,000Median loan
$195,000Median property value

Largest lenders in Summers County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 City National Bank of West Virginia C 3923 35.9%6.35%
2 Rocket Mortgage C 2818 25.0%6.50%
3 Burke & Herbert Bank & Trust C 2215 13.6%7.75%
4 Vanderbilt Mortgage and Finance F 206 25.0%9.50%
5 Alcova Mortgage A 1611 6.3%6.75%
6 21st Mortgage F 147 21.4%8.53%
7 Mortgage Research Center C 135 30.8%6.63%
8 AmeriSave Mortgage D 80 100.0%
9 First Community Bank F 85 25.0%9.00%
10 Broker Solutions D 72 14.3%7.12%
11 The Huntington National Bank D 75 28.6%6.75%
12 Atlantic Union Bank C 53 0.0%6.88%
13 Guaranteed Rate B 51 20.0%7.20%
14 United Shore Financial Services B 51 0.0%7.63%
15 Navy Federal Credit Union D 52 0.0%8.00%

What Summers County borrowers applied for

By loan purpose

Home purchase 144 51% · 20.1% denied
Refinance 42 15% · 19.1% denied
Cash-out refinance 45 16% · 42.2% denied
Home improvement 31 11% · 38.7% denied
Other / HELOC 23 8% · 17.4% denied

By loan type

Conventional 206 72% · 22.8% denied
FHA 43 15% · 34.9% denied
VA 25 9% · 36.0% denied
USDA / RHS 11 4% · 9.1% denied

Why applications were denied

Credit history 24 34%
Collateral 14 20%
Debt-to-income ratio 13 19%
Incomplete application 8 11%
Other 6 9%
Unverifiable information 4 6%
Employment history 1 1%

Summers County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202325511427.5%6.73%$105,000
202428914027.0%6.99%$105,000
202528514825.3%6.88%$105,000

Frequently asked questions

25.3% of applications in Summers County were denied in 2025, against 21.2% statewide in West Virginia.

City National Bank of West Virginia, with 39 applications in 2025 and a denial rate of 35.9%.

The median mortgage application in Summers County in 2025 was for $105,000; the median property value on originated loans was $195,000.