# Summit Community Bank, Inc

> **Canonical URL:** https://saferate.com/lenders/summit-community-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Summit Community Bank, Inc is a bank, headquartered in Moorefield, WV, serving borrowers across 5 states, with 48 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 65% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 66% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** Z867SNMO7WGY8TTGQG78
- **Headquarters:** Moorefield, WV
- **Geographic Reach:** Regional
- **States Served:** 5
- **State List:** KY, MD, PA, VA, WV
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 35/100
- Rating: ●●○○○ (2/5)

### Pull Through: Acceptable 🙂
- Score: 34/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.700%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,321
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 48
- **Dollar Volume:** $12 million
- **Applications Received:** 71
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $242,292
- **Average Borrower Income:** $234,729
- **Average Property Value:** $313,750

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 27/100 | 47 | +0.714% | $1,324 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 40 loans, Score: 28/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 28/100 | 40 | $9M | +0.721% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WV | 29 | 0.19% | 64/100 |
| VA | 13 | 0.01% | 48/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 24 | 43/100 |

## Frequently Asked Questions

### What loan types does Summit Community Bank, Inc offer?

Summit Community Bank, Inc offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Summit Community Bank, Inc offer mortgages?

Summit Community Bank, Inc offers mortgages in 5 states: KY, MD, PA, VA, WV.

### How competitive are Summit Community Bank, Inc's mortgage rates?

Summit Community Bank, Inc has a pricing score of 35/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.700% above market average.

### What type of lender is Summit Community Bank, Inc?

Summit Community Bank, Inc is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Moorefield, WV.

### What is Summit Community Bank, Inc's loan approval success rate?

Summit Community Bank, Inc has a pull-through score of 34/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/summit-community-bank

### How to Cite

> "Summit Community Bank, Inc Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/summit-community-bank

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