Kentucky mortgage lenders: applications, originations, denial rate and counties, 2024

States › Kentucky

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. Record year 2024.

Kentucky had 154,286 HMDA-reported mortgage applications and 89,103 originations ($20bn) in 2024, from 315 lenders with at least 25 applications in the state.

The statewide denial rate was 25.0% (national 24.3%) and the median rate spread 0.4 percentage points (national 0.3). Originations ran at 49.1 per 1,000 households, against 48.0 nationally.

Originations in the state went from 99,571 in 2018 to 89,103 in 2024; the denial rate moved from 23.6% to 25.0%.

The most active lenders by originations were Rocket Mortgage (4,679), United Wholesale Mortgage (4,643) and Stockton Mortgage Corporation (2,490).

154,286applications, 2024

89,103loans originated$20bn

25.0%denial rateUS 24.3%

49.1originations per 1,000 householdsUS 48.0

Most active lenders in Kentucky

#	Lender	Applications	Originations	Amount	Denial rate	Median spread
1	Rocket Mortgage	6,261	4,679	$898m	17.9%	0.6
2	United Wholesale Mortgage	5,893	4,643	$1.1bn	10.0%	0.3
3	Stockton Mortgage Corporation	3,503	2,490	$572m	7.2%	0.5
4	Fifth Third Bank, National Association	4,175	2,422	$372m	29.3%	0.9
5	Us Bank, N.A.	4,437	2,348	$361m	37.3%	0.9
6	PNC Bank N.A.	3,377	2,040	$294m	26.7%	0.9
7	Community Trust Bank, Inc.	2,505	1,896	$327m	16.4%	0.3
8	Stock Yards Bank & Trust Company	2,799	1,826	$529m	25.6%	-0.6
9	Liberty Federal Credit Union	2,234	1,726	$349m	8.0%	0.7
10	Mortgage Research Center	3,178	1,646	$428m	21.4%	-0.0
11	Commonwealth Credit Union	2,573	1,532	$216m	28.0%	0.4
12	University of Ky FCU	2,517	1,441	$168m	27.8%	0.4
13	Republic Bank & Trust	2,168	1,348	$260m	16.3%	-0.1
14	South Central Bank Inc	1,600	1,248	$215m	8.9%	0.4
15	L&N Federal Credit Union	1,563	1,185	$148m	9.2%	0.3
16	Vanderbilt Mortgage and Finance, Inc	8,151	1,137	$186m	73.2%	3.2
17	Abound Federal Credit Union	1,650	1,115	$179m	17.4%	0.1
18	Northpointe Bank	1,704	1,085	$279m	10.2%	0.4
19	Guardian Savings Bank	1,405	1,070	$279m	14.2%	0.3
20	Freedom Mortgage Corporation	2,098	1,067	$271m	14.1%	0.4
21	First Financial Bank	1,540	1,055	$188m	23.8%	0.2
22	Independence Bank of Kentucky	1,398	1,046	$188m	15.0%	0.1
23	Huntington National Bank	1,649	960	$183m	28.7%	0.7
24	Central Bank & Trust Co	1,181	957	$216m	10.4%	-0.0
25	New American Funding, LLC.	1,963	956	$178m	16.4%	0.6
26	German American Bank	1,312	930	$144m	20.5%	-3.0
27	Ark-La-Tex Financial Services LLC	1,184	863	$208m	3.5%	0.5
28	Truist Bank	1,855	855	$140m	44.4%	0.5
29	JPMorgan Chase Bank, NA	1,233	854	$227m	10.4%	0.2
30	Victory Mortgage, LLC	894	782	$246m	2.3%	-0.5
31	Magnolia Bank	946	773	$180m	5.7%	0.3
32	Ruoff Mortgage Company	1,098	770	$186m	6.5%	0.4
33	Traditional Bank Inc	894	738	$167m	8.3%	0.3
34	Pennymac Loan Services LLC	1,489	717	$161m	19.4%	0.2
35	Crosscountry Mortgage, LLC	1,230	712	$181m	5.2%	0.6
36	Union Home Mortgage Corp.	928	703	$173m	8.0%	0.5
37	Navy Federal Credit Union	1,456	675	$127m	33.1%	0.1
38	Wesbanco Bank, Inc.	1,069	674	$174m	26.6%	-3.0
39	Whitaker Bank Inc	819	652	$91m	9.2%	-0.2
40	Fairway Independent Mort Corp	855	629	$141m	8.1%	0.6
41	The Cecilian Bank	776	598	$118m	8.4%	0.1
42	21st Mortgage	3,500	596	$65m	72.4%	4.2
43	City National Bank of WV	916	572	$144m	25.3%	0.3
44	Atlantic Bay Mortgage Group	696	559	$121m	2.1%	0.4
45	Park Community Credit Union	854	546	$79m	19.0%	0.1
46	Old National Bank	713	485	$159m	23.9%	-0.3
47	Nationstar Mortgage	698	484	$78m	15.6%	1.2
48	Guaranteed Rate, Inc.	744	482	$130m	4.7%	0.3
49	Prosperity Home Mortgage, LLC	644	482	$110m	9.9%	0.3
50	Farm Credit Mid-America, Aca	592	463	$142m	7.7%	0.6
51	First Southern National Bank	521	459	$73m	4.4%	0.4
52	Everett Financial, Inc.	540	455	$64m	3.6%	0.5
53	Newrez LLC	1,206	401	$86m	36.7%	0.5
54	Loandepot.com, LLC	756	401	$72m	36.9%	0.5
55	Discover Bank	2,438	396	$28m	75.8%	2.7
56	Geneva Financial LLC	549	396	$79m	2.2%	0.3
57	Lower, LLC	577	394	$94m	10.2%	0.4
58	Peoples Bank	671	390	$42m	31.1%	0.4
59	Edmonton State Bank	535	389	$71m	15.5%	0.9
60	Amerisave Mortgage Company	1,892	373	$53m	76.7%	1.1

Top 60 of 315 lenders with at least 25 applications in the state, by originations. 193 lenders have 100 or more applications here and link to a state-specific page.

Compared with the nation

Measure	Kentucky	United States
Denial rate	25.0%	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	$219k	$329k
Originations per 1,000 households	49.1	48.0
Home purchase share of originations	55.3%	57.0%
FHA-insured share	14.6%	13.4%
VA-guaranteed share	8.0%	7.9%

Trend, 2018–2024

ApplicationsOriginations

Applications and originations in Kentucky by year

KentuckyUnited States

Denial rate by year, US dashed

FHA share of originationsVA share

FHA-insured and VA-guaranteed shares of originations in Kentucky by year

Year	Applications	Originations	Amount	Denial rate	FHA	VA	Refinance share
2018	163,297	99,571	$16bn	23.6%	13.2%	6.6%	28.9%
2019	183,813	114,577	$20bn	21.3%	13.2%	8.0%	36.8%
2020	259,704	168,759	$33bn	17.0%	10.0%	8.8%	55.1%
2021	268,391	174,389	$35bn	17.0%	11.2%	8.1%	53.0%
2022	187,875	112,690	$24bn	22.4%	11.9%	6.5%	30.3%
2023	144,098	82,559	$17bn	25.5%	14.4%	6.4%	22.0%
2024	154,286	89,103	$20bn	25.0%	14.6%	8.0%	25.1%

Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).

Loan purpose and loan type, 2024

By purpose

Home purchase 55% (49,243)Home improvement 9% (8,394)Refinancing 13% (11,885)Cash-out refinancing 12% (10,519)Other purpose 10% (8,867)

By type

Conventional 76% (67,724)FHA 15% (12,998)VA 8% (7,163)USDA 1% (1,218)

Counties

County	Applications	Originations	Per 1,000 households	Denial rate	Median spread	Lenders
Jefferson County	27,507	17,057	51.4	20.7%	0.4	122
Fayette County	9,627	6,287	45.0	18.3%	0.3	63
Kenton County	7,431	4,712	69.9	20.6%	0.5	60
Boone County	6,382	3,701	72.6	24.9%	0.5	55
Warren County	4,419	2,944	52.9	17.3%	0.4	43
Hardin County	4,762	2,836	63.6	21.5%	0.1	40
Campbell County	4,031	2,595	66.1	19.3%	0.4	38
Daviess County	3,369	2,251	54.1	18.3%	0.4	26
Bullitt County	3,764	2,240	70.6	23.5%	0.3	42
Madison County	3,603	2,168	58.5	22.8%	0.4	35
Oldham County	2,809	1,816	78.9	16.8%	0.3	32
Scott County	2,829	1,745	77.1	21.5%	0.3	30
Jessamine County	2,035	1,322	66.4	18.6%	0.3	22
Christian County	2,110	1,283	49.9	20.0%	0.2	18
Shelby County	2,023	1,252	67.7	22.0%	0.2	23
Nelson County	1,874	1,197	62.5	19.1%	0.4	19
Franklin County	1,958	1,184	52.1	21.1%	0.4	19
McCracken County	2,068	1,085	39.3	29.4%	0.5	16
Pulaski County	1,925	972	37.1	30.5%	0.5	19
Laurel County	2,270	968	40.3	39.8%	0.6	19
Barren County	1,505	901	50.0	22.7%	0.6	12
Clark County	1,405	884	58.7	21.3%	0.4	14
Henderson County	1,357	852	46.0	22.2%	0.6	14
Meade County	1,350	791	71.9	21.2%	0.1	13
Boyd County	1,477	789	40.9	28.5%	0.5	17
Hopkins County	1,475	784	42.6	32.4%	0.6	18
Greenup County	1,166	644	43.7	28.7%	0.6	14
Montgomery County	1,098	597	54.2	25.9%	0.4	10
Anderson County	994	588	60.9	25.1%	0.4	7
Grant County	1,097	580	62.9	31.0%	0.6	13
Woodford County	912	579	53.5	20.1%	0.3	8
Logan County	951	568	51.6	22.6%	0.4	10
Allen County	935	564	70.2	23.6%	0.5	8
Mercer County	935	560	61.0	22.4%	0.4	10
Boyle County	974	557	46.2	22.9%	0.4	8
Simpson County	843	548	68.3	20.5%	0.4	7
Spencer County	870	541	74.0	19.7%	0.4	9
Graves County	1,020	532	37.6	30.1%	0.6	12
Grayson County	968	524	51.7	27.7%	0.4	9
Whitley County	1,273	509	37.6	43.5%	0.5	10
Marshall County	973	498	37.7	29.7%	0.6	9
Pike County	1,217	488	20.1	44.1%	0.5	9
Hart County	708	464	62.9	21.5%	0.4	6
Muhlenberg County	880	462	38.1	30.7%	0.5	11
Lincoln County	869	426	43.9	34.7%	0.5	8
Garrard County	745	416	62.1	25.5%	0.4	6
Calloway County	799	414	27.2	28.0%	0.5	11
Henry County	647	399	64.9	20.9%	0.5	6
Breckinridge County	718	387	48.0	27.2%	0.5	7
Bourbon County	650	382	47.0	24.1%	0.4	4
Carter County	750	371	34.4	29.8%	0.6	7
Harrison County	696	366	50.2	29.7%	0.4	6
Ohio County	661	349	38.3	28.1%	0.8	4
Edmonson County	540	335	65.7	21.9%	0.5	3
Floyd County	905	332	22.6	47.8%	0.8	8
Taylor County	591	331	32.3	29.6%	0.5	7
Larue County	485	324	54.0	16.2%	0.4	4
Trigg County	612	317	52.3	29.0%	0.6	6
Knox County	984	305	26.0	55.5%	0.8	8
Pendleton County	567	291	53.5	30.0%	0.7	3
Fleming County	478	282	48.1	25.9%	0.6	5
Marion County	471	281	36.4	29.1%	0.5	4
Rowan County	566	268	27.9	36.4%	0.5	4
Mason County	477	262	36.7	31.4%	0.8	3
Johnson County	642	256	28.3	45.5%	0.6	7
Owen County	476	250	58.8	30.9%	0.5	4
Russell County	483	245	32.4	31.8%	0.6	3
Wayne County	454	228	28.2	32.2%	0.4	4
Rockcastle County	538	219	33.5	41.8%	0.4	5
Butler County	349	208	45.5	23.8%	0.8	2
Powell County	479	201	42.0	38.1%	0.5	3
Hancock County	309	195	53.6	21.2%	0.5	2
Webster County	349	194	39.4	29.6%	0.4	1
Bell County	574	189	19.0	49.3%	0.6	6
Green County	309	189	42.8	27.0%	0.4	2
Gallatin County	379	187	57.3	31.9%	0.6	2
Caldwell County	296	183	36.4	24.2%	0.4	1
Lawrence County	456	183	28.9	42.9%	0.6	4
Todd County	337	181	39.7	26.4%	0.4	1
Perry County	494	171	15.4	51.0%	0.5	4
Trimble County	301	171	50.6	24.7%	0.5	2
Bath County	366	168	35.8	34.3%	0.6	2
Bracken County	289	168	49.9	26.8%	0.6	2
Carroll County	346	167	40.0	31.5%	0.6	1
Monroe County	281	166	35.7	23.2%	0.8	2
Harlan County	502	165	15.4	55.2%	0.7	3
McLean County	267	157	43.1	25.3%	0.6	2
Metcalfe County	290	153	37.3	32.0%	0.7	2
Lyon County	271	150	43.9	28.6%	0.5	1
Lewis County	335	144	28.7	43.3%	0.8	3
McCreary County	352	140	23.9	41.4%	0.7	3
Union County	263	140	26.9	34.2%	0.7	1
Adair County	303	136	19.1	40.2%	0.4	3
Washington County	294	135	27.8	38.2%	0.5	0
Casey County	329	133	20.5	40.6%	0.5	1
Estill County	348	127	21.3	43.8%	0.6	2
Nicholas County	255	125	45.0	35.3%	0.6	2
Ballard County	227	123	38.3	29.6%	0.7	1
Livingston County	256	120	33.3	37.0%	0.6	1
Menifee County	238	115	46.4	31.0%	0.5	2
Jackson County	342	114	22.3	49.6%	0.6	2
Letcher County	335	111	13.1	53.5%	0.5	4
Clay County	467	107	14.7	64.0%	1.0	6
Crittenden County	189	98	27.7	29.0%	0.7	1
Knott County	296	93	16.8	50.2%	0.4	3
Magoffin County	256	78	16.5	55.7%	1.4	2
Carlisle County	123	77	41.3	16.5%	0.5	1
Morgan County	196	74	15.2	40.4%	0.7	1
Wolfe County	186	67	25.1	44.9%	0.9	3
Martin County	189	66	17.1	52.0%	1.0	1
Elliott County	139	64	26.2	33.0%	0.3	1
Clinton County	148	59	15.3	44.4%	0.7	1
Fulton County	111	56	22.0	31.8%	0.6	0
Hickman County	96	55	31.8	24.4%	0.7	0
Breathitt County	263	54	9.9	66.2%	1.1	3
Lee County	170	51	19.7	49.1%	0.8	2
Cumberland County	128	48	18.3	42.9%	0.5	0
Leslie County	194	46	10.9	58.0%	0.9	2
Robertson County	83	41	50.6	35.3%	0.7	0
Owsley County	89	15	9.6	72.1%	—	0

By originations. Lenders: those with at least 25 applications in the county.

VA-guaranteed loans by month

VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of Kentucky originations by year is charted above from HMDA.

Questions and answers

Which mortgage lenders are most active in Kentucky?

By 2024 originations: Rocket Mortgage (4,679), United Wholesale Mortgage (4,643), Stockton Mortgage Corporation (2,490), Fifth Third Bank, National Association (2,422), Us Bank, N.A. (2,348). 315 lenders had at least 25 applications in the state.

What is the mortgage denial rate in Kentucky?

25.0% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

How has mortgage lending in Kentucky changed since 2018?

Originations went from 99,571 in 2018 to 89,103 in 2024; the denial rate moved from 23.6% to 25.0%.

Where does this data come from?

From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.