States › West Virginia › Hardy County
Hardy County, West Virginia
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Lenders reported 381 mortgage applications in Hardy County, West Virginia, for 2024, and originated 254 loans worth $53m.
That is 42.7 originations per 1,000 households, against 37.3 for West Virginia and 48.0 nationally.
The county's denial rate was 19.9%, below the state rate of 28.3%. The median rate spread on originated loans was 0.5 percentage points and 20.5% of originations were 1.5 points or more above the average prime offer rate.
3 lenders reached 25 applications in the county; the most active by originations were Capon Valley Bank (38), Pendleton Community Bank (34) and Rocket Mortgage (19).
Originations were up 7% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Capon Valley Bank | 39 | 38 | $8.3m | 2.6% | — |
| 2 | Pendleton Community Bank | 39 | 34 | $6.9m | 7.7% | — |
| 3 | Rocket Mortgage | 27 | 19 | $3.5m | 24.0% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 3. Denial rate is denials over decided applications in this county.
Compared with West Virginia and the nation
| Measure | This county | West Virginia | United States |
|---|---|---|---|
| Denial rate | 19.9% | 28.3% | 24.3% |
| Median rate spread, pp | 0.5 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 20.5% | 15.8% | 15.6% |
| Average originated loan | $210k | $195k | $329k |
| Originations per 1,000 households | 42.7 | 37.3 | 48.0 |
| Home purchase share of originations | 59.4% | 61.4% | 57.0% |
| FHA-insured share | 6.7% | 17.5% | 13.4% |
| VA-guaranteed share | 9.4% | 9.4% | 7.9% |
Rate spread distribution
Share of 190 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: West Virginia). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 59% (151)Home improvement 7% (19)Refinancing 13% (34)Cash-out refinancing 13% (34)Other purpose 6% (16)
By type
Conventional 82% (209)FHA 7% (17)VA 9% (24)USDA 2% (4)
Trend by year
ApplicationsOriginations
This countyWest Virginia
Questions and answers
Which lenders are most active in Hardy County, WV?
By 2024 originations: Capon Valley Bank (38), Pendleton Community Bank (34), Rocket Mortgage (19). 3 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Hardy County?
19.9% of decided applications were denied in 2024, against 28.3% across West Virginia and 24.3% nationally.
How many mortgages were originated in Hardy County in 2024?
254 loans totalling $53m, from 381 applications; 42.7 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 54031; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.