WV Mortgage Rates July 14, 2010
Mortgage loans and mortgage rates in West Virginia are as competitive as any region in the nation. Both small mortgage lenders and the largest bank mortgage lenders in the country do business in the mountain state. By reviewing the mortgage rates of the biggest lenders as well as the local bank lenders, home loan borrowers can make the process of securing the best mortgage simple and straightforward.
Findlocalmortgagerates.com has performed a survey of two local bank mortgage lenders as well as two national banks to compare the best mortgage rates in WV. The two local bank mortgage lenders in the survey include Susquehanna Bank and WesBanco Bank. The two national banks are Wells Fargo Bank and Bank of America.
Bank of America mortgage rates in WV include a 30 year fixed rate loan with a mortgage rate of 4.875% and .875 points for a 5.00% APR, a 15 year fixed rate loan with a 4.25% rate with 1.0 point and a 4.486% APR as well as a 30 year FHA mortgage with a rate of 4.75% with 1.0 point and a 4.886% APR.
Wells Fargo mortgage rates in WV include a 30 year 4.625% with 1.0 point and a 4.812% APR, a 15 year fixed mortgage rate of 3.875% with 1.0 point and a 4.195% APR and a 30 year FHA mortgage rate of 4.625% with 1.0 point and an APR of 5.364%.
WesBanco Bank offers a 30 year fixed rate home loan with a rate of 4.625% and no points for a 4.66% APR, a 15 year home loan with a 4.00% mortgage rate and no points and a 4.061% APR as well as a 30 year FHA mortgage rate in WV of 4.50% with no points for a 5.078% APR.
Susquehanna Bank has a 30 year mortgage rate in West Virginia at 4.375% with .75 points and a 4.487% APR, a 15 year fixed rate home loan at 3.75% with .75 points for a 3.944% APR and a 30 year FHA mortgage rate of 4.25% and a .25 points yielding a 4.469% APR.
The West Virginia mortgage rates and annual percentage rates (APRs) from the bank mortgage lenders are based on a loan amount of $200,000 on an owner occupied single family home for borrowers with excellent credit score and a minimum 20% down payment.
The listed mortgage interest rates, points and APRs are subject to change without notice. Individual mortgage loan requests may vary based on the geographic location of the property as well as other factors. Additional loan restrictions may apply. All home loans are subject to bank approval.
The bank mortgage lenders listed offer a variety of additional mortgage loan programs and additional rate and point options not displayed here. The banks in the survey can be reached at the following contact numbers:
WesBanco Bank 877-682-7944
Susquehanna Bank 877-581-3743
Bank of America 800-586-9780
Wells Fargo 877-937-9357