First State Bank · Kentucky · 2025

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

First State Bank took 38 mortgage applications in Kentucky in 2025, ranking #289 of 856 lenders active in the state. It originated 60.5% of them and denied 29.0% (31.4% of the applications it decided), against a statewide denial rate of 18.8%.

38Applicationsin KY
31.4%Decision denial ratestate 23.5%
7.50%Median ratestate 6.75%
$80,000Median loanstate $155,000
$2.6MVolume10 counties

First State Bank in Kentucky vs the state

29.0%Denial rate+10.14 pts vs state
31.4%Decision denial rate+7.94 pts vs state
60.5%Origination rate+2.49 pts vs state
7.50%Median rate+0.75 pts vs state
1.35Rate spread (pts)+1.04 pts vs state
$87kMedian applicant income
23Loans originated
11Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322189.1%7.38%#308
2024382515.8%7.44%#277
2025382329.0%7.50%#289

What First State Bank lends in Kentucky

By loan purpose

Home purchase 9 24% · 33.3% denied
Refinance 1 3% · 0.0% denied
Cash-out refinance 7 18% · 42.9% denied
Home improvement 13 34% · 23.1% denied
Other / HELOC 8 21% · 25.0% denied

By loan type

Conventional 38 100% · 29.0% denied

Why it denied Kentucky applicants

Credit history 6 55%
Debt-to-income ratio 2 18%
Collateral 2 18%
Other 1 9%

Where in Kentucky

Counties with the most First State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mason County 17104 23.5%
Martin County 743 42.9%
Lawrence County 632 33.3%
Fleming County 220 0.0%
Madison County 110 0.0%
Lewis County 110 0.0%
Robertson County 110 0.0%
Rowan County 110 0.0%
Pendleton County 101 100.0%
Perry County 101 100.0%

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: 38 applications in 2025, of which 23 were originated and 11 denied.

29.0% of all applications, or 31.4% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans First State Bank originated in Kentucky in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are First State 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