West Virginia
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023

Discover comprehensive West Virginia mortgage statistics and HMDA loan application data from 2003 to 2023.
Explore detailed insights into the total number of mortgage applications, loan amounts, and lending trends across the state.
Our interactive lists allow you to analyze mortgage data by county and metropolitan area, helping you track regional lending patterns.

Need in-depth lender data?
Easily download a formatted spreadsheet containing aggregated HMDA statistics for all West Virginia based lenders.
Whether you're an industry analyst, homebuyer, or researcher, this data provides valuable insights into West Virginia's mortgage market trends.

Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 51,249
Total Mortgage Loan Application Amount $8,440,155,000
Average Mortgage Loan Application Amount $164,000
Highest Mortgage Loan Application Amount $16,205,000
Average Applicant Income $96,000
Highest Applicant Income $8,164,000

Explore comprehensive HMDA mortgage statistics and application trends for 2023 in West Virginia. Below, you'll find key insights, including total mortgage applications, average loan amounts, highest application amounts, and the income levels of top applicants. If you're researching mortgage and loan application data in West Virginia, these statistics will help you understand market trends and lending patterns as you navigate the mortgage process.

Our HMDA dataset allows you to analyze mortgage loan applications for 2023 across various categories, including loan purpose, applicant race, loan type, application outcomes, and reasons for denial. These detailed breakdowns provide valuable insights into borrower demographics and lender activity, making them an essential resource for homebuyers, real estate professionals, and industry analysts.

Each category highlights the total number of mortgage applications, total loan amounts, average mortgage sizes, and the highest loan amounts within each segment. You can also explore borrower income data, including average applicant income and the highest reported incomes for mortgage applicants. Whether you're evaluating lender performance, researching loan approval trends, or comparing mortgage options, this HMDA-backed data offers a valuable snapshot of the mortgage landscape in West Virginia.

Download the West Virginia Lender List

Mortgage Loan Application Detail Totals for West Virginia in 2023

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 31,453 $6,143,325,000 $195,000 $9,005,000 $96,000 $8,164,000
Cash-out Refinancing 6,407 $1,042,285,000 $162,000 $15,125,000 $86,000 $3,204,000
Home Improvement 4,731 $328,345,000 $69,000 $6,705,000 $103,000 $3,301,000
Other Purpose 4,701 $361,235,000 $76,000 $1,645,000 $96,000 $7,200,000
Refinancing 3,809 $554,655,000 $145,000 $16,205,000 $97,000 $2,151,000
Not Applicable 148 $10,310,000 $69,000 $355,000 $53,000 $106,000

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 37,871 $5,578,875,000 $147,000 $2,705,000 $93,000 $8,164,000
Not applicable 4,902 $1,263,450,000 $257,000 $16,205,000 $107,000 $627,000
Not Provided 4,897 $880,395,000 $179,000 $2,055,000 $111,000 $7,600,000
Black or African American 1,538 $293,410,000 $190,000 $1,125,000 $93,000 $1,292,000
Hispanic 1,029 $221,785,000 $215,000 $1,125,000 $102,000 $2,008,000
Asian 515 $120,055,000 $233,000 $1,805,000 $147,000 $900,000
American Indian or Alaskan Native 334 $46,090,000 $137,000 $755,000 $84,000 $960,000
Native Hawaiian or Other Pacific Islander 21 $4,305,000 $205,000 $455,000 $119,000 $346,000

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) 36,021 $5,282,015,000 $146,000 $15,125,000 $102,000 $8,164,000
FHA-insured (Federal Housing Administration) 9,447 $1,765,625,000 $186,000 $16,205,000 $73,000 $675,000
VA-guaranteed (Veterans Administration) 4,297 $1,137,385,000 $264,000 $1,035,000 $98,000 $1,351,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1,484 $255,130,000 $171,000 $505,000 $65,000 $146,000

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 25,348 $4,477,030,000 $176,000 $16,205,000 $104,000 $8,164,000
Application Denied By Financial Institution 10,666 $1,226,410,000 $114,000 $2,325,000 $78,000 $7,200,000
Application Withdrawn By Applicant 5,983 $1,102,225,000 $184,000 $8,005,000 $102,000 $3,204,000
Loan Purchased By The Institution 4,219 $960,395,000 $227,000 $1,795,000 $108,000 $627,000
File Closed For Incompleteness 3,362 $425,400,000 $126,000 $2,705,000 $81,000 $4,770,000
Application Approved But Not Accepted 1,581 $234,425,000 $148,000 $7,075,000 $91,000 $950,000
Preapproval Denied by Financial Institution 82 $12,410,000 $151,000 $485,000 $64,000 $559,000
Preapproval Approved but not Accepted 8 $1,860,000 $232,000 $395,000 $73,000 $133,000

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 37,829 $6,731,665,000 $177,000 $16,205,000 $100,000 $8,164,000
Debt-To-Income Ratio 5,155 $800,595,000 $155,000 $8,005,000 $85,000 $1,836,000
Credit History 4,260 $386,680,000 $90,000 $855,000 $80,000 $7,200,000
Collateral 1,477 $180,265,000 $122,000 $1,615,000 $94,000 $2,095,000
Credit Application Incomplete 729 $98,215,000 $134,000 $1,505,000 $91,000 $1,080,000
Unverifiable Information 717 $91,295,000 $127,000 $905,000 $76,000 $1,188,000
Other 569 $76,495,000 $134,000 $785,000 $103,000 $2,008,000
Insufficient Cash (Downpayment, Closing Cost) 320 $46,040,000 $143,000 $2,005,000 $73,000 $865,000
Employment History 188 $28,230,000 $150,000 $485,000 $67,000 $725,000
Mortgage Insurance Denied 5 $675,000 $135,000 $275,000 $73,000 $131,000
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Mortgage Loan Application Totals in 2023 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 3,028 $ 391,350,000 $ 129,000 $ 88,000
CHARLESTON, WV 6,951 $ 904,635,000 $ 130,000 $ 87,000
HUNTINGTON-ASHLAND, WV-KY-OH 5,656 $ 850,500,000 $ 150,000 $ 91,000
MORGANTOWN, WV 3,574 $ 756,240,000 $ 211,000 $ 121,000
PARKERSBURG-VIENNA, WV 2,402 $ 332,140,000 $ 138,000 $ 85,000
WEIRTON-STEUBENVILLE, WV-OH 1,366 $ 156,900,000 $ 114,000 $ 79,000
WHEELING, WV-OH 1,629 $ 231,495,000 $ 142,000 $ 95,000
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Mortgage Loan Application Totals in 2023 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 263 $ 34,335,000 $ 130,000 $ 75,000
Berkeley 7,317 $ 1,611,465,000 $ 220,000 $ 102,000
Boone 518 $ 55,410,000 $ 106,000 $ 73,000
Braxton 269 $ 29,705,000 $ 110,000 $ 76,000
Brooke 601 $ 71,155,000 $ 118,000 $ 82,000
Cabell 2,646 $ 383,030,000 $ 144,000 $ 88,000
Calhoun 127 $ 16,655,000 $ 131,000 $ 77,000
Clay 176 $ 16,240,000 $ 92,000 $ 67,000
Doddridge 129 $ 18,965,000 $ 147,000 $ 86,000
Fayette 911 $ 105,475,000 $ 115,000 $ 79,000
Gilmer 101 $ 12,395,000 $ 122,000 $ 70,000
Grant 245 $ 35,125,000 $ 143,000 $ 79,000
Greenbrier 920 $ 136,080,000 $ 147,000 $ 114,000
Hampshire 753 $ 140,785,000 $ 186,000 $ 108,000
Hancock 765 $ 85,745,000 $ 112,000 $ 77,000
Hardy 393 $ 70,785,000 $ 180,000 $ 116,000
Harrison 1,838 $ 305,110,000 $ 166,000 $ 98,000
Jackson 715 $ 102,345,000 $ 143,000 $ 81,000
Jefferson 3,212 $ 870,620,000 $ 271,000 $ 131,000
Kanawha 5,160 $ 685,380,000 $ 132,000 $ 91,000
Lewis 363 $ 49,995,000 $ 137,000 $ 85,000
Lincoln 382 $ 45,260,000 $ 118,000 $ 74,000
Logan 673 $ 70,325,000 $ 104,000 $ 81,000
Marion 1,638 $ 240,610,000 $ 146,000 $ 87,000
Marshall 706 $ 86,470,000 $ 122,000 $ 81,000
Mason 631 $ 78,835,000 $ 124,000 $ 76,000
McDowell 136 $ 12,340,000 $ 90,000 $ 76,000
Mercer 1,369 $ 180,405,000 $ 131,000 $ 81,000
Mineral 681 $ 96,585,000 $ 141,000 $ 91,000
Mingo 330 $ 33,210,000 $ 100,000 $ 68,000
Monongalia 2,812 $ 636,530,000 $ 226,000 $ 130,000
Monroe 294 $ 40,090,000 $ 136,000 $ 82,000
Morgan 813 $ 161,125,000 $ 198,000 $ 103,000
Nicholas 492 $ 61,970,000 $ 125,000 $ 84,000
Ohio 923 $ 145,025,000 $ 157,000 $ 105,000
Pendleton 139 $ 19,305,000 $ 138,000 $ 86,000
Pleasants 105 $ 14,315,000 $ 136,000 $ 96,000
Pocahontas 209 $ 33,765,000 $ 161,000 $ 155,000
Preston 762 $ 119,710,000 $ 157,000 $ 88,000
Putnam 1,902 $ 332,300,000 $ 174,000 $ 106,000
Raleigh 2,117 $ 285,875,000 $ 135,000 $ 92,000
Randolph 485 $ 83,095,000 $ 171,000 $ 84,000
Ritchie 181 $ 23,555,000 $ 130,000 $ 74,000
Roane 286 $ 34,980,000 $ 122,000 $ 75,000
Summers 270 $ 32,030,000 $ 118,000 $ 81,000
Taylor 432 $ 76,580,000 $ 177,000 $ 105,000
Tucker 178 $ 32,540,000 $ 182,000 $ 139,000
Tyler 134 $ 15,770,000 $ 117,000 $ 73,000
Upshur 509 $ 70,485,000 $ 138,000 $ 75,000
Wayne 1,108 $ 135,170,000 $ 121,000 $ 72,000
Webster 140 $ 12,580,000 $ 89,000 $ 120,000
Wetzel 249 $ 26,615,000 $ 106,000 $ 75,000
Wirt 119 $ 14,725,000 $ 123,000 $ 75,000
Wood 2,283 $ 317,415,000 $ 139,000 $ 86,000
Wyoming 339 $ 33,765,000 $ 99,000 $ 76,000

Our comprehensive HMDA mortgage statistics offer invaluable insights into West Virginia's 2023 lending landscape. By analyzing detailed data on mortgage applications, loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can identify key trends shaping the state's housing market.

This in-depth information enables real estate experts, financial analysts, and policymakers to monitor market shifts, assess borrower demographics, and evaluate lender performance effectively. Leverage this powerful data to make informed decisions, conduct thorough market research, and stay ahead in the evolving mortgage industry.
To gain a deeper understanding of West Virginia's mortgage lending environment, download the comprehensive list of lenders and their aggregated HMDA statistics today.

Download the West Virginia Lender List