West Virginia
Mortgage Loan Application
Totals and Details
in 2019

Find mortgage statistics and mortgage data for West Virginia.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2019 in all of West Virginia.
You can organize this information by metropolitan area and by county.

Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 59,114
Total Mortgage Loan Application Amount $8,793,780,000
Average Mortgage Loan Application Amount $148,000
Highest Mortgage Loan Application Amount $27,705,000
Average Applicant Income $84,000
Highest Applicant Income $7,085,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data 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 can also 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 2019

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 31,083 $4,971,100,000 $159,000 $21,005,000 $81,000 $6,705,000
Refinancing 10,970 $1,943,390,000 $177,000 $27,705,000 $95,000 $6,808,000
Cash-out Refinancing 8,488 $1,310,590,000 $154,000 $2,505,000 $82,000 $2,783,000
Home Improvement 4,130 $230,190,000 $55,000 $865,000 $86,000 $5,040,000
Other Purpose 3,883 $269,915,000 $69,000 $2,085,000 $89,000 $7,085,000
Not Applicable 560 $68,595,000 $123,000 $875,000 $108,000 $726,000

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 45,753 $6,266,820,000 $136,000 $2,025,000 $83,000 $7,085,000
Not applicable 5,482 $1,221,910,000 $222,000 $27,705,000 $81,000 $705,000
Not Provided 5,125 $843,420,000 $164,000 $13,175,000 $93,000 $2,800,000
Black or African American 1,284 $204,540,000 $159,000 $805,000 $78,000 $2,996,000
Hispanic 738 $131,380,000 $178,000 $785,000 $81,000 $1,594,000
Asian 391 $75,175,000 $192,000 $955,000 $123,000 $920,000
American Indian or Alaskan Native 216 $28,090,000 $130,000 $805,000 $71,000 $347,000
Native Hawaiian or Other Pacific Islander 21 $3,705,000 $176,000 $285,000 $62,000 $249,000

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) 40,525 $5,639,305,000 $139,000 $27,705,000 $92,000 $7,085,000
FHA-insured (Federal Housing Administration) 9,088 $1,362,420,000 $149,000 $21,005,000 $62,000 $1,144,000
VA-guaranteed (Veterans Administration) 6,023 $1,274,205,000 $211,000 $1,005,000 $77,000 $1,200,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3,478 $517,850,000 $148,000 $705,000 $52,000 $129,000

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 32,739 $5,178,165,000 $158,000 $27,705,000 $89,000 $6,808,000
Application Denied By Financial Institution 10,445 $1,088,215,000 $104,000 $4,775,000 $70,000 $6,705,000
Loan Purchased By The Institution 6,012 $1,059,450,000 $176,000 $895,000 $90,000 $776,000
Application Withdrawn By Applicant 5,660 $913,060,000 $161,000 $21,005,000 $86,000 $2,886,000
File Closed For Incompleteness 2,534 $315,980,000 $124,000 $1,265,000 $70,000 $845,000
Application Approved But Not Accepted 1,688 $233,970,000 $138,000 $4,805,000 $87,000 $7,085,000
Preapproval Denied by Financial Institution 21 $1,845,000 $87,000 $195,000 $60,000 $139,000
Preapproval Approved but not Accepted 15 $3,095,000 $206,000 $1,215,000 $122,000 $600,000

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
Not applicable 44,309 $7,040,055,000 $158,000 $27,705,000 $88,000 $7,085,000
Debt-To-Income Ratio 6,907 $955,465,000 $138,000 $15,005,000 $74,000 $1,968,000
Credit History 3,708 $296,440,000 $79,000 $675,000 $71,000 $5,040,000
Collateral 1,797 $210,115,000 $116,000 $1,025,000 $86,000 $2,996,000
Credit Application Incomplete 727 $110,335,000 $151,000 $1,685,000 $83,000 $1,000,000
Other 718 $85,260,000 $118,000 $1,055,000 $85,000 $6,705,000
Unverifiable Information 561 $47,705,000 $85,000 $495,000 $73,000 $775,000
Insufficient Cash (Downpayment, Closing Cost) 234 $29,180,000 $124,000 $625,000 $75,000 $655,000
Employment History 147 $18,625,000 $126,000 $715,000 $53,000 $476,000
Mortgage Insurance Denied 6 $600,000 $100,000 $215,000 $41,000 $80,000
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Mortgage Loan Application Totals in 2019 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 3,223 $ 347,285,000 $ 107,000 $ 73,000
CHARLESTON, WV 7,832 $ 938,145,000 $ 119,000 $ 80,000
HUNTINGTON-ASHLAND, WV-KY-OH 6,445 $ 944,225,000 $ 146,000 $ 89,000
MORGANTOWN, WV 4,954 $ 974,755,000 $ 196,000 $ 112,000
PARKERSBURG-VIENNA, WV 2,653 $ 341,285,000 $ 128,000 $ 78,000
WEIRTON-STEUBENVILLE, WV-OH 1,481 $ 153,655,000 $ 103,000 $ 75,000
WHEELING, WV-OH 1,937 $ 241,395,000 $ 124,000 $ 86,000
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Mortgage Loan Application Totals in 2019 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 314 $ 38,230,000 $ 121,000 $ 88,000
Berkeley 8,289 $ 1,563,645,000 $ 188,000 $ 82,000
Boone 510 $ 46,180,000 $ 90,000 $ 61,000
Braxton 270 $ 26,700,000 $ 98,000 $ 68,000
Brooke 661 $ 70,245,000 $ 106,000 $ 75,000
Cabell 2,809 $ 408,005,000 $ 145,000 $ 91,000
Calhoun 103 $ 10,355,000 $ 100,000 $ 67,000
Clay 196 $ 17,070,000 $ 87,000 $ 65,000
Doddridge 156 $ 19,540,000 $ 125,000 $ 74,000
Fayette 980 $ 92,150,000 $ 94,000 $ 66,000
Gilmer 87 $ 10,465,000 $ 120,000 $ 66,000
Grant 360 $ 45,130,000 $ 125,000 $ 80,000
Greenbrier 1,174 $ 172,300,000 $ 146,000 $ 105,000
Hampshire 957 $ 135,625,000 $ 141,000 $ 77,000
Hancock 820 $ 83,410,000 $ 101,000 $ 75,000
Hardy 523 $ 73,825,000 $ 141,000 $ 88,000
Harrison 2,109 $ 340,235,000 $ 161,000 $ 84,000
Jackson 846 $ 105,270,000 $ 124,000 $ 76,000
Jefferson 3,723 $ 859,115,000 $ 230,000 $ 103,000
Kanawha 5,870 $ 729,165,000 $ 124,000 $ 83,000
Lewis 431 $ 54,545,000 $ 126,000 $ 70,000
Lincoln 429 $ 41,625,000 $ 97,000 $ 65,000
Logan 648 $ 60,820,000 $ 93,000 $ 73,000
Marion 1,913 $ 273,175,000 $ 142,000 $ 78,000
Marshall 774 $ 83,780,000 $ 108,000 $ 73,000
Mason 715 $ 75,165,000 $ 105,000 $ 69,000
McDowell 129 $ 9,555,000 $ 74,000 $ 55,000
Mercer 1,589 $ 182,805,000 $ 115,000 $ 69,000
Mineral 901 $ 136,285,000 $ 151,000 $ 77,000
Mingo 315 $ 26,015,000 $ 82,000 $ 68,000
Monongalia 3,955 $ 838,020,000 $ 212,000 $ 119,000
Monroe 356 $ 39,380,000 $ 110,000 $ 65,000
Morgan 918 $ 149,200,000 $ 162,000 $ 83,000
Nicholas 593 $ 62,635,000 $ 105,000 $ 76,000
Ohio 1,164 $ 178,620,000 $ 153,000 $ 95,000
Pendleton 171 $ 20,525,000 $ 120,000 $ 68,000
Pleasants 127 $ 15,745,000 $ 123,000 $ 72,000
Pocahontas 273 $ 31,185,000 $ 114,000 $ 102,000
Preston 1,018 $ 137,890,000 $ 135,000 $ 82,000
Putnam 2,534 $ 417,140,000 $ 164,000 $ 94,000
Raleigh 2,253 $ 255,685,000 $ 113,000 $ 76,000
Randolph 522 $ 61,710,000 $ 118,000 $ 68,000
Ritchie 163 $ 21,445,000 $ 131,000 $ 93,000
Roane 349 $ 38,865,000 $ 111,000 $ 75,000
Summers 305 $ 27,265,000 $ 89,000 $ 64,000
Taylor 493 $ 76,665,000 $ 155,000 $ 87,000
Tucker 198 $ 25,300,000 $ 127,000 $ 103,000
Tyler 155 $ 18,585,000 $ 119,000 $ 67,000
Upshur 580 $ 71,560,000 $ 123,000 $ 73,000
Wayne 1,105 $ 119,305,000 $ 107,000 $ 70,000
Webster 121 $ 10,745,000 $ 88,000 $ 67,000
Wetzel 286 $ 29,690,000 $ 103,000 $ 65,000
Wirt 166 $ 16,260,000 $ 97,000 $ 65,000
Wood 2,488 $ 325,270,000 $ 130,000 $ 79,000
Wyoming 220 $ 14,660,000 $ 66,000 $ 68,000

We hope these mortgage application details and statistics 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 West Virginia.

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