Lenders › Mortgage Research Center › West Virginia
Mortgage Research Center in West Virginia
HMDA record for properties in West Virginia, calendar year 2024. National record · West Virginia overview
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.
In West Virginia, Mortgage Research Center reported 1,343 applications and 663 originations for 2024, $165m in all.
Its denial rate in the state was 24.9%, below the West Virginia rate of 28.3% across all lenders and compared with the lender's national rate of 24.0%.
The median rate spread on its West Virginia originations was 0.1 percentage points (state median 0.4).
Applications in the state were up 23% on 2023.
Compared with the state and the lender's national record
| Measure | In West Virginia | West Virginia, all lenders | Mortgage Research Center, all states | United States |
|---|---|---|---|---|
| Denial rate | 24.9% | 28.3% | 24.0% | 24.3% |
| Median rate spread, pp | 0.1 | 0.4 | -0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 1.8% | 15.8% | 0.8% | 15.6% |
| Average originated loan | $250k | $195k | $315k | $329k |
| Home purchase share | 85.4% | 61.4% | 81.8% | 57.0% |
| FHA-insured share | 5.0% | 17.5% | 2.9% | 13.4% |
| VA-guaranteed share | 89.1% | 9.4% | 92.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateWest Virginia, all lenders
Loan purpose and loan type in West Virginia
By purpose
Home purchase 85% (566)Refinancing 11% (76)Cash-out refinancing 3% (21)
By type
Conventional 5% (36)FHA 5% (33)VA 89% (591)USDA 0% (3)
Denial reasons as coded
Share of 222 denials in West Virginia by first denial reason coded (outlined bar: all lenders in the state).
Counties in West Virginia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Berkeley County | 170 | 84 | $26m | 23.4% |
| Kanawha County | 141 | 73 | $14m | 14.8% |
| Raleigh County | 68 | 43 | $9.4m | 14.0% |
| Jefferson County | 73 | 42 | $19m | 16.0% |
| Monongalia County | 65 | 33 | $9.7m | 17.1% |
| Cabell County | 61 | 32 | $5.9m | 20.0% |
| Putnam County | 45 | 29 | $8.8m | 12.1% |
| Wood County | 54 | 27 | $5.3m | 30.8% |
| Marion County | 53 | 26 | $6.2m | 33.3% |
| Mercer County | 59 | 22 | $3.9m | 42.5% |
| Harrison County | 46 | 19 | $4.7m | — |
| Greenbrier County | 33 | 13 | $2.7m | — |
| Fayette County | 30 | 7 | $1.2m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Mortgage Research Center originate in West Virginia in 2024?
663 loans totalling $165m, from 1,343 applications reported for properties in West Virginia.
What is Mortgage Research Center's denial rate in West Virginia?
24.9% of decided applications in West Virginia were denied, against 28.3% for all lenders in the state and 24.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which West Virginia counties does Mortgage Research Center lend in most?
By originations: Berkeley County (84), Kanawha County (73), Raleigh County (43), Jefferson County (42), Monongalia County (33).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in West Virginia. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.