Fifth Third Bank · Kentucky · 2025

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

Fifth Third Bank took 5,663 mortgage applications in Kentucky in 2025, ranking #4 of 856 lenders active in the state. It originated 55.6% of them and denied 25.5% (30.7% of the applications it decided), against a statewide denial rate of 18.8%.

5.7kApplicationsin KY
30.7%Decision denial ratestate 23.5%
7.75%Median ratestate 6.75%
$105,000Median loanstate $155,000
$452MVolume100 counties

Fifth Third Bank in Kentucky vs the state

25.5%Denial rate+6.69 pts vs state
30.7%Decision denial rate+7.17 pts vs state
55.6%Origination rate-2.42 pts vs state
7.75%Median rate+1.00 pts vs state
0.63Rate spread (pts)+0.32 pts vs state
$87kMedian applicant income
3,150Loans originated
1,444Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,7302,17324.5%8.25%#5
20244,1752,42224.8%8.50%#5
20255,6633,15025.5%7.75%#4

What Fifth Third Bank lends in Kentucky

By loan purpose

Home purchase 918 16% · 11.4% denied
Refinance 1,660 29% · 18.5% denied
Cash-out refinance 321 6% · 25.2% denied
Home improvement 1,596 28% · 33.4% denied
Other / HELOC 1,168 21% · 35.8% denied

By loan type

Conventional 5,380 95% · 25.8% denied
FHA 203 4% · 20.2% denied
VA 71 1% · 18.3% denied
USDA / RHS 9 0% · 0.0% denied

Why it denied Kentucky applicants

Credit history 722 50%
Debt-to-income ratio 298 21%
Collateral 157 11%
Other 132 9%
Incomplete application 83 6%
Unverifiable information 39 3%
Employment history 12 1%
Insufficient cash 1 0%

Where in Kentucky

Counties with the most Fifth Third Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1,386749344 24.8%
Kenton County 519311119 22.9%
Fayette County 502275126 25.1%
Boone County 500309112 22.4%
Campbell County 456253118 25.9%
Oldham County 16810930 17.9%
Hopkins County 1578350 31.8%
Henderson County 1568542 26.9%
Scott County 1559234 21.9%
Bullitt County 1427934 23.9%

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%
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%
Stock Yards Bank & TrustB 3,04419.8%6.50%

Frequently asked questions

Kentucky: 5,663 applications in 2025, of which 3,150 were originated and 1,444 denied.

25.5% of all applications, or 30.7% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Fifth Third Bank originated in Kentucky in 2025 was 7.75%, against a statewide median of 6.75%.

About this data. Figures are Fifth Third 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