Better Mortgage · Kentucky · 2025

Better Mortgage in Kentucky: approval rate, denial rate and rates (2025)

Better Mortgage took 347 mortgage applications in Kentucky in 2025, ranking #98 of 856 lenders active in the state. It originated 27.4% of them and denied 29.1% (49.8% of the applications it decided), against a statewide denial rate of 18.8%.

347Applicationsin KY
49.8%Decision denial ratestate 23.5%
6.63%Median ratestate 6.75%
$165,000Median loanstate $155,000
$22MVolume75 counties

Better Mortgage in Kentucky vs the state

29.1%Denial rate+10.30 pts vs state
49.8%Decision denial rate+26.26 pts vs state
27.4%Origination rate-30.66 pts vs state
6.63%Median rate-0.13 pts vs state
0.47Rate spread (pts)+0.16 pts vs state
$112kMedian applicant income
95Loans originated
101Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202398456.1%6.38%#181
20241335412.8%6.63%#167
20253479529.1%6.63%#98

What Better Mortgage lends in Kentucky

By loan purpose

Home purchase 107 31% · 18.7% denied
Refinance 48 14% · 14.6% denied
Cash-out refinance 63 18% · 27.0% denied
Home improvement 21 6% · 33.3% denied
Other / HELOC 108 31% · 46.3% denied

By loan type

Conventional 273 79% · 28.9% denied
FHA 66 19% · 30.3% denied
VA 8 2% · 25.0% denied

Why it denied Kentucky applicants

Credit history 29 29%
Incomplete application 29 29%
Debt-to-income ratio 15 15%
Collateral 10 10%
Other 8 8%
Unverifiable information 7 7%
Employment history 3 3%

Where in Kentucky

Counties with the most Better Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 782318 23.1%
Fayette County 3388 24.2%
Kenton County 1873 16.7%
Boone County 1673 18.8%
Scott County 1032 20.0%
Franklin County 922 22.2%
Clark County 713 42.9%
Shelby County 710 0.0%
Oldham County 722 28.6%
McCracken County 713 42.9%

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: 347 applications in 2025, of which 95 were originated and 101 denied.

29.1% of all applications, or 49.8% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Better Mortgage originated in Kentucky in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Better Mortgage'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