Wheeling Mortgage Lending in 2025

Explore mortgage lending activity in Wheeling (MSA/MD Code 48540) using official HMDA public records. Review underwriting outcomes, borrower characteristics, and regional lending benchmarks.

Source: Federal Financial Institutions Examination Council (FFIEC) / Consumer Financial Protection Bureau (CFPB) • Dataset: 2025 Snapshot National Loan-Level Dataset • Updated: June 2, 2026 • Methodology →
Metropolitan Area 48540
1,004 Loans Originated
• Primary State: West Virginia (WV-OH)
• $186.37 Million Originated Volume
• $165,000 Median Loan
Actionable Applications 1,317 -1.64% vs 2024
Approval Rate 78.97% -1.16 pp vs 2024
Denial Rate 21.03% +1.16 pp vs 2024
Loan Originations 1,004 -1.18% vs 2024
Originated Volume $186.37 Million +6.28% vs 2024

Credit Decision Outcomes (2025)

Outcomes for 1,317 actionable applications (Actions 1, 2, and 3).

78.97%
21.03%
1,040 approved 277 denied
Action 1: Originated
1,004 (76.23%)
Action 2: Approved not accepted
36 (2.73%)
Action 3: Denied
277 (21.03%)
Action 4: Withdrawn (not in denominator)
293 —
Action 5: Incomplete (not in denominator)
114 —
How to read this: Approval rate uses Actions 1, 2, and 3. Actions 4 and 5 are excluded from the credit decision denominator. Read the full methodology →

How Wheeling Compares

Metro vs. State Baseline (2025)

Metric Wheeling West Virginia
Actionable Apps 1,317 25,702
Approval Rate 78.97% 75.05%
Denial Rate 21.03% 24.95%
Originations 1,004 18,063
Originated Volume $186.37 Million $4.28 Billion
Median Loan $165,000 $215,000
Compared against West Virginia statewide baseline in 2025.

Lending Trends in Wheeling

Year-over-year shifts: 2025 vs. 2024

Metric 2024 2025 Change
Consumer Universe 1,697 1,724 +1.59%
Actionable Apps 1,339 1,317 -1.64%
Originations 1,016 1,004 -1.18%
Approval Rate 80.13% 78.97% -1.16 pp
Denial Rate 19.87% 21.03% +1.16 pp
Median Loan $145,000 $165,000 +13.79%
Dollar Volume $175.36 Million $186.37 Million +6.28%

Applications by Borrower Income (Wheeling)

Approval and denial rates across gross annual income tiers (2025)

Income Bracket Apps Approval % Denial %
$100k–$149,999 216 87.50% 12.50%
$150k+ 119 78.15% 21.85%
$50k–$99,999 614 82.57% 17.43%
<$50k 305 64.92% 35.08%
Income unavailable/entity 63 84.13% 15.87%
Gross annual borrower income relied upon during credit underwriting. Descriptive figures only; does not establish causation.

Geographic Market Context

Regional integration within West Virginia (2025)

Official Geographic Designation: Metropolitan Statistical Area / Division 48540, anchored in West Virginia (WV-OH).
Metro Share of State Apps 5.12%
Metro Share of State Volume 4.36%
Geographic Notice: OpenFileData reports verified OMB-designated metropolitan boundaries. Detailed county-level vector choropleths are omitted unless authoritative polygon geometries and county-level consumer records are officially available, preventing data fabrication.

Parent State Association

Explore West Virginia statewide mortgage activity

Wheeling is part of OpenFileData’s statewide coverage of West Virginia. View statewide approval benchmarks, metropolitan rankings, and institution profiles across all reporting jurisdictions.

West Virginia Statewide Overview Active Profile
Statewide Actionable Applications: 25,702
Explore West Virginia State Profile →

Methodology

Learn how HMDA credit outcomes, action codes, and consumer filters are computed.

Read Methodology →

West Virginia Profile

Compare all metropolitan areas located in West Virginia.

View State Page →

Download Data

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Methodology & Disclosures

Credit Decision Denominator Rule: Approval and denial rates are calculated strictly among actionable applications reaching a formal credit underwriting decision (Actions 1, 2, and 3: loan originated, approved but not accepted, denied). Applications withdrawn by borrower (Action 4) and closed for incompleteness (Action 5) are tracked in the broader Consumer Mortgage Universe for market completeness but excluded from credit decision rates as no underwriting decision occurred.

Official Data Source & Freeze Date: Official Home Mortgage Disclosure Act (HMDA) records published by the Federal Financial Institutions Examination Council (FFIEC) and Consumer Financial Protection Bureau (CFPB). Primary analysis uses the 2025 Snapshot National Loan-Level Dataset (frozen June 2, 2026); historical baseline uses the 2024 One-Year National Loan-Level Dataset (frozen June 2, 2026).

Public Interest Commitment: OpenFileData does not sell mortgage leads, lender placements, paid rankings, or individualized mortgage recommendations.

For complete technical formulas, SQL implementations, and data definitions, read the full Mortgage Lending Methodology Specification.