Top Mortgage Lenders in Parkersburg, WV

Which mortgage lender in the Parkersburg, WV area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Parkersburg, WV area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Parkersburg, WV area is WV Central Federal Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.21%. This means that WV Central Federal Credit Union provided a -0.21% lower interest rate for its customers than other lenders in Parkersburg, WV for a similar set of borrowers. WV Central Federal Credit Union has a market share of 4.4%. On the other hand, the most popular lender in the market is Peoples Bank, with a market share of 21.0%. Peoples Bank is an average rate lender in this area, with a “Rate Difference” of -0.10% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Parkersburg, WV area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Parkersburg, WV is WV Central Federal Credit Union. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is United Bank Va. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Huntington National Bank. The cheapest VA mortgage provider is Peoples Bank. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Ranking of Mortgage Lenders in Parkersburg, WV

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
WV Central Federal Credit Union 1, -0.21% 4.40%
Peoples Bank 2, -0.10% 20.96%
WesBanco Bank, Inc 3, -0.06% 4.23%
JPMorgan Chase Bank 4, -0.03% 8.71%
Huntington National Bank 5, -0.03% 8.03%
Movement Mortgage 6, -0.02% 12.68%
United Bank Va 7, -0.02% 2.87%
Quicken Loans 8, 0.04% 15.38%
Truist Bank 9, 0.05% 2.87%
Primelending 10, 0.17% 19.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Peoples Bank 1, -0.14% 18.56%
WesBanco Bank, Inc 2, -0.09% 5.41%
Huntington National Bank 3, -0.08% 6.57%
JPMorgan Chase Bank 4, -0.08% 8.51%
WV Central Federal Credit Union 5, -0.06% 1.03%
Movement Mortgage 6, -0.04% 17.78%
United Bank Va 7, -0.03% 2.96%
Truist Bank 8, -0.01% 2.06%
Quicken Loans 9, 0.03% 9.41%
Primelending 10, 0.17% 27.71%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
WV Central Federal Credit Union 1, -0.21% 10.81%
Peoples Bank 2, -0.05% 25.55%
United Bank Va 3, 0.01% 2.70%
Movement Mortgage 4, 0.03% 2.95%
WesBanco Bank, Inc 5, 0.03% 1.97%
JPMorgan Chase Bank 6, 0.04% 9.09%
Huntington National Bank 7, 0.04% 10.81%
Primelending 8, 0.06% 4.91%
Quicken Loans 9, 0.07% 26.78%
Truist Bank 10, 0.11% 4.42%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
WV Central Federal Credit Union 1, -0.20% 5.86%
Peoples Bank 2, -0.10% 27.48%
WesBanco Bank, Inc 3, -0.04% 2.93%
JPMorgan Chase Bank 4, -0.03% 11.37%
United Bank Va 5, -0.01% 3.60%
Huntington National Bank 6, 0.02% 7.32%
Movement Mortgage 7, 0.02% 8.78%
Truist Bank 8, 0.06% 3.60%
Quicken Loans 9, 0.11% 11.60%
Primelending 10, 0.14% 17.45%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Peoples Bank 1, -0.13% 26.01%
JPMorgan Chase Bank 2, -0.07% 11.81%
WesBanco Bank, Inc 3, -0.06% 4.06%
WV Central Federal Credit Union 4, -0.05% 1.48%
United Bank Va 5, -0.02% 3.87%
Huntington National Bank 6, -0.01% 5.17%
Truist Bank 7, 0.00% 2.58%
Movement Mortgage 8, 0.01% 13.47%
Primelending 9, 0.14% 25.09%
Quicken Loans 10, 0.14% 6.46%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
WV Central Federal Credit Union 1, -0.21% 12.72%
Peoples Bank 2, -0.05% 29.77%
United Bank Va 3, 0.01% 3.18%
WesBanco Bank, Inc 4, 0.03% 1.16%
JPMorgan Chase Bank 5, 0.04% 10.69%
Movement Mortgage 6, 0.05% 1.45%
Huntington National Bank 7, 0.05% 10.69%
Primelending 8, 0.06% 5.49%
Quicken Loans 9, 0.11% 19.65%
Truist Bank 10, 0.12% 5.20%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.16% 12.04%
Movement Mortgage 2, -0.13% 25.00%
WesBanco Bank, Inc 3, -0.11% 10.19%
Quicken Loans 4, -0.07% 26.39%
United Bank Va 5, -0.03% 0.46%
Primelending 6, 0.31% 25.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.20% 11.30%
Movement Mortgage 2, -0.14% 28.81%
WesBanco Bank, Inc 3, -0.13% 11.30%
Quicken Loans 4, -0.09% 16.38%
United Bank Va 5, -0.04% 0.56%
Primelending 6, 0.30% 31.64%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.01% 15.38%
Quicken Loans 2, -0.00% 71.79%
Movement Mortgage 3, 0.03% 7.69%
WesBanco Bank, Inc 4, 0.03% 5.13%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
United Bank Va 1, -0.00% 33.33%
Peoples Bank 2, 0.00% 66.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
United Bank Va 1, -0.00% 50.00%
Peoples Bank 2, 0.00% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Peoples Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Peoples Bank 1, -0.06% 2.63%
Truist Bank 2, -0.05% 2.63%
WesBanco Bank, Inc 3, -0.05% 2.63%
Huntington National Bank 4, -0.04% 5.26%
Quicken Loans 5, -0.03% 28.95%
JPMorgan Chase Bank 6, -0.02% 2.63%
Movement Mortgage 7, -0.01% 23.68%
Primelending 8, 0.05% 31.58%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Peoples Bank 1, -0.07% 3.64%
Quicken Loans 2, -0.07% 16.36%
Truist Bank 3, -0.06% 3.64%
Huntington National Bank 4, -0.05% 5.45%
JPMorgan Chase Bank 5, -0.04% 3.64%
Movement Mortgage 6, -0.00% 25.45%
Primelending 7, 0.05% 41.82%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Movement Mortgage 1, -0.04% 19.05%
WesBanco Bank, Inc 2, -0.02% 9.52%
Primelending 3, -0.01% 4.76%
Huntington National Bank 4, -0.00% 4.76%
Quicken Loans 5, 0.01% 61.90%

* Data is compiled for the Parkersburg, WV commuting zone area, which comprises of counties of Washington County, OH, Pleasants County, WV, Ritchie County, WV, Wirt County, WV, and Wood County, WV. This includes cities/towns/communities of Parkersburg, WV as well as Belpre, OH, Marietta, OH, Vienna, WV, Mineralwells, WV, Vincent, OH, Devola, OH, Lubeck, WV, Waverly, WV, Reno, OH, St. Marys, WV, Newport, OH, Blennerhassett, WV, Beverly, OH, Williamstown, WV, Waterford, OH, Boaz, WV, North Hills, WV, Harrisville, WV, Elizabeth, WV, Pennsboro, WV, and Cairo, WV. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Parkersburg, WV area. For mortgage lender rankings of other cities, click here.