ALTRA Federal Credit Union · Kentucky · 2025

ALTRA Federal Credit Union in Kentucky: approval rate, denial rate and rates (2025)

ALTRA Federal Credit Union took 27 mortgage applications in Kentucky in 2025, ranking #323 of 856 lenders active in the state. It originated 70.4% of them and denied 11.1% (13.0% of the applications it decided), against a statewide denial rate of 18.8%.

27Applicationsin KY
13.0%Decision denial ratestate 23.5%
6.99%Median ratestate 6.75%
$105,000Median loanstate $155,000
$3.8MVolume16 counties

ALTRA Federal Credit Union in Kentucky vs the state

11.1%Denial rate-7.70 pts vs state
13.0%Decision denial rate-10.45 pts vs state
70.4%Origination rate+12.33 pts vs state
6.99%Median rate+0.24 pts vs state
0.23Rate spread (pts)-0.08 pts vs state
$113kMedian applicant income
19Loans originated
3Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023191415.8%6.94%#325
202426197.7%7.49%#308
2025271911.1%6.99%#323

What ALTRA Federal Credit Union lends in Kentucky

By loan purpose

Home purchase 9 33% · 22.2% denied
Refinance 6 22% · 16.7% denied
Cash-out refinance 2 7% · 0.0% denied
Home improvement 4 15% · 0.0% denied
Other / HELOC 6 22% · 0.0% denied

By loan type

Conventional 25 93% · 8.0% denied
FHA 1 4% · 100.0% denied
VA 1 4% · 0.0% denied

Why it denied Kentucky applicants

Unverifiable information 1 33%
Credit history 1 33%
Debt-to-income ratio 1 33%

Where in Kentucky

Counties with the most ALTRA Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Christian County 861 12.5%
Garrard County 200 0.0%
Fayette County 220 0.0%
Trigg County 211 50.0%
Madison County 220 0.0%
Todd County 110 0.0%
Graves County 110 0.0%
Calloway County 110 0.0%
Shelby County 110 0.0%
McCracken County 110 0.0%

Other large lenders in Kentucky

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 8,42018.1%6.75%
Vanderbilt Mortgage and FinanceF 8,22044.8%9.50%
United Shore Financial ServicesB 6,8719.8%6.50%
Fifth Third BankD 5,66325.5%7.75%
U.S. BankD 4,88729.5%7.00%
Mortgage Research CenterC 3,61718.0%6.25%
PNC BankD 3,58523.7%7.40%
21st MortgageF 3,47848.0%9.95%
CommonwealthC 3,27024.9%7.25%
Stockton MortgageD 3,2556.1%6.63%

Frequently asked questions

Kentucky: 27 applications in 2025, of which 19 were originated and 3 denied.

11.1% of all applications, or 13.0% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans ALTRA Federal Credit Union originated in Kentucky in 2025 was 6.99%, against a statewide median of 6.75%.

About this data. Figures are ALTRA Federal Credit Union's own HMDA filing for properties located in Kentucky, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology