West Virginia
Mortgage Loan Application
Totals and Details
in 2017

Find mortgage statistics for West Virginia.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2017 in all of West Virginia.
You can organize this information by metropolitan area and by county.

Years 2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 56,407
Total Mortgage Loan Application Amount $7,935,550,000
Average Mortgage Loan Application Amount $140,000
Highest Mortgage Loan Application Amount $140,000,000
Average Applicant Income $75,000
Highest Applicant Income $268,000,000

We provide overall totals and averages for each year, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or lending statistics in West Virginia, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists are also able to be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for West Virginia in 2017

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 31,300 $4,683,315,000 $149,000 $140,000,000 $75,000 $268,000,000
Refinancing 18,461 $2,884,846,000 $156,000 $120,000,000 $78,000 $127,000,000
Home Improvement 6,646 $367,389,000 $55,000 $5,000,000 $70,000 $3,523,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 44,259 $5,805,460,000 $131,000 $140,000,000 $82,000 $268,000,000
Not applicable 5,234 $1,099,790,000 $210,000 $28,200,000 $7,000 $1,721,000
Not Provided 4,424 $648,169,000 $146,000 $6,500,000 $85,000 $2,520,000
Black or African American 1,184 $163,767,000 $138,000 $528,000 $67,000 $646,000
Hispanic 671 $105,469,000 $157,000 $694,000 $75,000 $829,000
Asian 359 $77,132,000 $214,000 $1,832,000 $142,000 $1,322,000
American Indian or Alaskan Native 230 $27,963,000 $121,000 $553,000 $67,000 $519,000
Native Hawaiin or Other Pacific Islander 46 $7,800,000 $169,000 $485,000 $76,000 $500,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 38,578 $5,241,737,000 $135,000 $140,000,000 $88,000 $268,000,000
FHA-insured (Federal Housing Administration) 8,709 $1,152,825,000 $132,000 $5,420,000 $48,000 $689,000
VA-guaranteed (Veterans Administration) 5,544 $1,039,153,000 $187,000 $943,000 $60,000 $704,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3,576 $501,835,000 $140,000 $392,000 $34,000 $168,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 29,490 $4,429,684,000 $150,000 $140,000,000 $88,000 $268,000,000
Application Denied By Financial Institution 11,691 $1,160,555,000 $99,000 $6,500,000 $60,000 $3,523,000
Loan Purchased By The Institution 5,787 $950,573,000 $164,000 $1,105,000 $26,000 $726,000
Application Withdrawn By Applicant 4,636 $858,133,000 $185,000 $120,000,000 $107,000 $127,000,000
File Closed For Incompleteness 2,929 $303,694,000 $103,000 $1,905,000 $58,000 $1,034,000
Application Approved But Not Accepted 1,873 $232,511,000 $124,000 $3,300,000 $72,000 $1,094,000
Preapproval Approved but not Accepted 1 $400,000 $400,000 $400,000 $104,000 $104,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 2,715 $179,185,000 $65,000 $1,013,000 $60,000 $3,523,000
Collateral 1,532 $211,522,000 $138,000 $1,832,000 $83,000 $1,199,000
Debt-To-Income Ratio 1,527 $178,885,000 $117,000 $6,500,000 $52,000 $777,000
Credit Application Incomplete 730 $100,508,000 $137,000 $742,000 $79,000 $882,000
Other 410 $52,310,000 $127,000 $1,000,000 $75,000 $850,000
Insufficient Cash (Downpayment, Closing Cost) 185 $22,828,000 $123,000 $640,000 $65,000 $882,000
Unverifiable Information 145 $14,584,000 $100,000 $424,000 $67,000 $340,000
Employment History 104 $10,329,000 $99,000 $605,000 $57,000 $333,000
Mortgage Insurance Denied 5 $468,000 $93,000 $162,000 $55,000 $90,000
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Mortgage Loan Application Totals in 2017 by West Virginia Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BECKLEY, WV 3,498 $ 354,509,000 $ 101,000 $ 61,000
CHARLESTON, WV 6,627 $ 745,752,000 $ 112,000 $ 67,000
HUNTINGTON-ASHLAND, WV-KY-OH 6,870 $ 912,305,000 $ 132,000 $ 72,000
MORGANTOWN, WV 4,491 $ 871,292,000 $ 194,000 $ 94,000
PARKERSBURG-VIENNA, WV 2,495 $ 304,036,000 $ 121,000 $ 69,000
WEIRTON-STEUBENVILLE, WV-OH 1,390 $ 125,195,000 $ 90,000 $ 59,000
WHEELING, WV-OH 1,690 $ 239,881,000 $ 141,000 $ 71,000
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Mortgage Loan Application Totals in 2017 by West Virginia County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Barbour 270 $ 35,820,000 $ 132,000 $ 58,000
Berkeley 6,645 $ 1,298,450,000 $ 195,000 $ 101,000
Boone 506 $ 41,692,000 $ 82,000 $ 56,000
Braxton 291 $ 25,523,000 $ 87,000 $ 56,000
Brooke 653 $ 57,450,000 $ 87,000 $ 56,000
Cabell 2,767 $ 354,521,000 $ 128,000 $ 75,000
Calhoun 89 $ 8,043,000 $ 90,000 $ 51,000
Clay 233 $ 18,579,000 $ 79,000 $ 55,000
Doddridge 163 $ 14,519,000 $ 89,000 $ 56,000
Fayette 1,096 $ 95,479,000 $ 87,000 $ 56,000
Gilmer 102 $ 9,585,000 $ 93,000 $ 54,000
Grant 347 $ 40,085,000 $ 115,000 $ 55,000
Greenbrier 1,139 $ 175,847,000 $ 154,000 $ 79,000
Hampshire 915 $ 125,035,000 $ 136,000 $ 64,000
Hancock 738 $ 67,821,000 $ 91,000 $ 62,000
Hardy 439 $ 58,684,000 $ 133,000 $ 74,000
Harrison 2,025 $ 309,280,000 $ 152,000 $ 75,000
Jackson 841 $ 101,106,000 $ 120,000 $ 66,000
Jefferson 3,101 $ 692,950,000 $ 223,000 $ 86,000
Kanawha 5,899 $ 686,342,000 $ 116,000 $ 68,000
Lewis 382 $ 40,596,000 $ 106,000 $ 64,000
Lincoln 424 $ 34,766,000 $ 81,000 $ 53,000
Logan 654 $ 52,599,000 $ 80,000 $ 56,000
Marion 1,869 $ 233,368,000 $ 124,000 $ 62,000
Marshall 654 $ 68,193,000 $ 104,000 $ 63,000
Mason 668 $ 67,594,000 $ 101,000 $ 60,000
McDowell 183 $ 7,605,000 $ 41,000 $ 49,000
Mercer 1,495 $ 150,742,000 $ 100,000 $ 54,000
Mineral 876 $ 104,135,000 $ 118,000 $ 56,000
Mingo 334 $ 21,632,000 $ 64,000 $ 57,000
Monongalia 3,485 $ 740,397,000 $ 212,000 $ 101,000
Monroe 362 $ 36,840,000 $ 101,000 $ 58,000
Morgan 784 $ 230,065,000 $ 293,000 $ 232,000
Nicholas 608 $ 54,148,000 $ 89,000 $ 60,000
Ohio 1,036 $ 171,688,000 $ 165,000 $ 76,000
Pendleton 174 $ 21,618,000 $ 124,000 $ 62,000
Pleasants 143 $ 15,514,000 $ 108,000 $ 64,000
Pocahontas 252 $ 29,359,000 $ 116,000 $ 100,000
Preston 1,038 $ 132,870,000 $ 128,000 $ 67,000
Putnam 2,579 $ 407,539,000 $ 158,000 $ 76,000
Raleigh 2,418 $ 259,913,000 $ 107,000 $ 63,000
Randolph 520 $ 55,556,000 $ 106,000 $ 60,000
Ritchie 186 $ 20,920,000 $ 112,000 $ 73,000
Roane 367 $ 37,535,000 $ 102,000 $ 58,000
Summers 322 $ 30,444,000 $ 94,000 $ 55,000
Taylor 477 $ 61,763,000 $ 129,000 $ 68,000
Tucker 226 $ 33,005,000 $ 146,000 $ 103,000
Tyler 126 $ 12,243,000 $ 97,000 $ 66,000
Upshur 638 $ 67,250,000 $ 105,000 $ 55,000
Wayne 1,105 $ 115,892,000 $ 104,000 $ 61,000
Webster 161 $ 11,070,000 $ 68,000 $ 56,000
Wetzel 302 $ 27,709,000 $ 91,000 $ 55,000
Wirt 152 $ 11,299,000 $ 74,000 $ 62,000
Wood 2,351 $ 293,230,000 $ 124,000 $ 69,000
Wyoming 290 $ 19,998,000 $ 68,000 $ 61,000

We hope these totals and details for mortgage applications will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in WV.

If you prefer, you can download a copy of the entire list of mortgage lenders in West Virginia, and search similar information back through 2003.

Download the West Virginia Lender List