Desco · Kentucky · 2025

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

Desco took 134 mortgage applications in Kentucky in 2025, ranking #178 of 856 lenders active in the state. It originated 65.7% of them and denied 6.7% (9.0% of the applications it decided), against a statewide denial rate of 18.8%.

134Applicationsin KY
9.0%Decision denial ratestate 23.5%
6.44%Median ratestate 6.75%
$135,000Median loanstate $155,000
$14MVolume13 counties

Desco in Kentucky vs the state

6.7%Denial rate-12.09 pts vs state
9.0%Decision denial rate-14.49 pts vs state
65.7%Origination rate+7.63 pts vs state
6.44%Median rate-0.31 pts vs state
0.06Rate spread (pts)-0.25 pts vs state
$107kMedian applicant income
88Loans originated
9Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231418213.5%6.88%#153
20241338414.3%6.81%#168
2025134886.7%6.44%#178

What Desco lends in Kentucky

By loan purpose

Home purchase 62 46% · 1.6% denied
Refinance 22 16% · 13.6% denied
Cash-out refinance 40 30% · 10.0% denied
Home improvement 6 4% · 16.7% denied
Other / HELOC 4 3% · 0.0% denied

By loan type

Conventional 130 97% · 6.9% denied
FHA 2 1% · 0.0% denied
VA 2 1% · 0.0% denied

Why it denied Kentucky applicants

Credit history 6 67%
Debt-to-income ratio 2 22%
Collateral 1 11%

Where in Kentucky

Counties with the most Desco applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Boyd County 68405 7.4%
Greenup County 37284 10.8%
Carter County 960 0.0%
Lewis County 630 0.0%
Fayette County 430 0.0%
Lawrence County 220 0.0%
Garrard County 210 0.0%
Mason County 110 0.0%
Scott County 110 0.0%
Johnson 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: 134 applications in 2025, of which 88 were originated and 9 denied.

6.7% of all applications, or 9.0% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Desco originated in Kentucky in 2025 was 6.44%, against a statewide median of 6.75%.

About this data. Figures are Desco'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