Discover Bank · Kentucky · 2025

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

Discover Bank took 752 mortgage applications in Kentucky in 2025, ranking #58 of 856 lenders active in the state. It originated 14.6% of them and denied 55.1% (78.6% of the applications it decided), against a statewide denial rate of 18.8%.

752Applicationsin KY
78.6%Decision denial ratestate 23.5%
8.77%Median ratestate 6.75%
$55,000Median loanstate $155,000
$8.3MVolume94 counties

Discover Bank in Kentucky vs the state

55.1%Denial rate+36.24 pts vs state
78.6%Decision denial rate+55.07 pts vs state
14.6%Origination rate-43.41 pts vs state
8.77%Median rate+2.02 pts vs state
2.29Rate spread (pts)+1.98 pts vs state
$97kMedian applicant income
110Loans originated
414Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,52736448.9%9.99%#13
20242,43839652.7%9.22%#14
202575211055.1%8.77%#58

What Discover Bank lends in Kentucky

By loan purpose

Home purchase 38 5% · 57.9% denied
Refinance 131 17% · 57.3% denied
Home improvement 204 27% · 52.9% denied
Other / HELOC 379 50% · 55.2% denied

By loan type

Conventional 752 100% · 55.1% denied

Why it denied Kentucky applicants

Credit history 227 55%
Collateral 58 14%
Incomplete application 56 14%
Debt-to-income ratio 41 10%
Other 31 7%
Unverifiable information 1 0%

Where in Kentucky

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1542383 53.9%
Fayette County 65433 50.8%
Kenton County 42527 64.3%
Boone County 40722 55.0%
Warren County 28616 57.1%
Madison County 21413 61.9%
Oldham County 2078 40.0%
Campbell County 1749 52.9%
Bullitt County 1727 41.2%
Pulaski County 16311 68.8%

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: 752 applications in 2025, of which 110 were originated and 414 denied.

55.1% of all applications, or 78.6% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Discover Bank originated in Kentucky in 2025 was 8.77%, against a statewide median of 6.75%.

About this data. Figures are Discover Bank'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