Figure Lending · Kentucky · 2025

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

Figure Lending took 637 mortgage applications in Kentucky in 2025, ranking #66 of 856 lenders active in the state. It originated 42.9% of them and denied 27.6% (28.4% of the applications it decided), against a statewide denial rate of 18.8%.

637Applicationsin KY
28.4%Decision denial ratestate 23.5%
9.65%Median ratestate 6.75%
$55,000Median loanstate $155,000
$17MVolume94 counties

Figure Lending in Kentucky vs the state

27.6%Denial rate+8.82 pts vs state
28.4%Decision denial rate+4.94 pts vs state
42.9%Origination rate-15.18 pts vs state
9.65%Median rate+2.90 pts vs state
3.48Rate spread (pts)+3.16 pts vs state
$100kMedian applicant income
273Loans originated
176Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024421428.6%11.75%#263
202563727327.6%9.65%#66

What Figure Lending lends in Kentucky

By loan purpose

Home improvement 181 28% · 26.0% denied
Other / HELOC 456 72% · 28.3% denied

By loan type

Conventional 637 100% · 27.6% denied

Why it denied Kentucky applicants

Incomplete application 57 32%
Debt-to-income ratio 43 24%
Credit history 33 19%
Collateral 27 15%
Other 16 9%

Where in Kentucky

Counties with the most Figure Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1045328 26.9%
Kenton County 40189 22.5%
Boone County 34188 23.5%
Fayette County 31146 19.4%
Campbell County 23151 4.3%
Oldham County 2183 14.3%
Bullitt County 19114 21.1%
Hardin County 1994 21.1%
Daviess County 1868 44.4%
Scott County 1445 35.7%

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: 637 applications in 2025, of which 273 were originated and 176 denied.

27.6% of all applications, or 28.4% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Figure Lending originated in Kentucky in 2025 was 9.65%, against a statewide median of 6.75%.

About this data. Figures are Figure Lending'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