American Financing · Kentucky · 2025

American Financing in Kentucky: approval rate, denial rate and rates (2025)

American Financing took 280 mortgage applications in Kentucky in 2025, ranking #115 of 856 lenders active in the state. It originated 25.0% of them and denied 41.8% (53.4% of the applications it decided), against a statewide denial rate of 18.8%.

280Applicationsin KY
53.4%Decision denial ratestate 23.5%
6.25%Median ratestate 6.75%
$175,000Median loanstate $155,000
$12MVolume83 counties

American Financing in Kentucky vs the state

41.8%Denial rate+22.98 pts vs state
53.4%Decision denial rate+29.93 pts vs state
25.0%Origination rate-33.04 pts vs state
6.25%Median rate-0.50 pts vs state
0.26Rate spread (pts)-0.06 pts vs state
$73kMedian applicant income
70Loans originated
117Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231042539.4%6.63%#173
20242415057.7%6.00%#116
20252807041.8%6.25%#115

What American Financing lends in Kentucky

By loan purpose

Home purchase 16 6% · 0.0% denied
Refinance 80 29% · 57.5% denied
Cash-out refinance 166 59% · 42.8% denied
Other / HELOC 18 6% · 0.0% denied

By loan type

Conventional 88 31% · 20.5% denied
FHA 173 62% · 54.3% denied
VA 19 7% · 26.3% denied

Why it denied Kentucky applicants

Other 43 37%
Credit history 38 32%
Debt-to-income ratio 13 11%
Collateral 12 10%
Incomplete application 7 6%
Unverifiable information 2 2%
Employment history 1 1%
Insufficient cash 1 1%

Where in Kentucky

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 31415 48.4%
Fayette County 1885 27.8%
Boone County 1217 58.3%
Kenton County 1153 27.3%
Campbell County 932 22.2%
Hardin County 825 62.5%
Pulaski County 843 37.5%
Anderson County 612 33.3%
Daviess County 622 33.3%
Bullitt County 611 16.7%

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: 280 applications in 2025, of which 70 were originated and 117 denied.

41.8% of all applications, or 53.4% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans American Financing originated in Kentucky in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are American Financing'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