Mortgage Lending: WEST VIRGINIA
W. Va. Code §§ 31-17-1, 31-17-8, 31-17-17
Scope: Primary and subordinate mortgage loans as defined in § 31-17-1.
Net Tangible Benefit Requirement for Refinancings: When loan origination fees, investigation fees, or points have been charged by a lender, broker or originator, those charges may not be imposed again in any refinancing of that loan or any additional loan on that property made within 24 months thereof, unless the new loan provides a reasonable, tangible net benefit to the borrower (§ 31-17-8).