Lenders › Monticello Banking Company › Kentucky
Monticello Banking Company in Kentucky
HMDA record for properties in Kentucky, calendar year 2024. National record · Kentucky overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Kentucky, Monticello Banking Company reported 294 applications and 196 originations for 2024, $38m in all.
Its denial rate in the state was 21.3%, below the Kentucky rate of 25.0% across all lenders and compared with the lender's national rate of 21.0%.
Applications in the state were down 26% on 2023.
Compared with the state and the lender's national record
| Measure | In Kentucky | Kentucky, all lenders | Monticello Banking Company, all states | United States |
|---|---|---|---|---|
| Denial rate | 21.3% | 25.0% | 21.0% | 24.3% |
| Median rate spread, pp | — | 0.4 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 16.0% | — | 15.6% |
| Average originated loan | $194k | $219k | $192k | $329k |
| Home purchase share | 66.8% | 55.3% | 66.3% | 57.0% |
| FHA-insured share | 0.0% | 14.6% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 8.0% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateKentucky, all lenders
Loan purpose and loan type in Kentucky
By purpose
Home purchase 67% (131)Home improvement 7% (14)Refinancing 13% (25)Cash-out refinancing 11% (21)Other purpose 3% (5)
By type
Conventional 100% (196)
Denial reasons as coded
Share of 53 denials in Kentucky by first denial reason coded (outlined bar: all lenders in the state).
Counties in Kentucky
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Wayne County | 58 | 31 | $3.1m | 38.0% |
| Pulaski County | 35 | 27 | $4.1m | 6.9% |
| Harlan County | 31 | 11 | $785k | 56.0% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Monticello Banking Company originate in Kentucky in 2024?
196 loans totalling $38m, from 294 applications reported for properties in Kentucky.
What is Monticello Banking Company's denial rate in Kentucky?
21.3% of decided applications in Kentucky were denied, against 25.0% for all lenders in the state and 21.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Kentucky counties does Monticello Banking Company lend in most?
By originations: Wayne County (31), Pulaski County (27), Harlan County (11).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Kentucky. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.