FirstBank · Kentucky · 2025

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

FirstBank took 850 mortgage applications in Kentucky in 2025, ranking #51 of 856 lenders active in the state. It originated 22.2% of them and denied 51.3% (52.3% of the applications it decided), against a statewide denial rate of 18.8%.

850Applicationsin KY
52.3%Decision denial ratestate 23.5%
7.59%Median ratestate 6.75%
$115,000Median loanstate $155,000
$42MVolume107 counties

FirstBank in Kentucky vs the state

51.3%Denial rate+32.48 pts vs state
52.3%Decision denial rate+28.85 pts vs state
22.2%Origination rate-35.80 pts vs state
7.59%Median rate+0.84 pts vs state
1.67Rate spread (pts)+1.36 pts vs state
$65kMedian applicant income
189Loans originated
436Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,23918059.2%8.49%#31
20241,09814459.1%8.57%#40
202585018951.3%7.59%#51

What FirstBank lends in Kentucky

By loan purpose

Home purchase 781 92% · 54.6% denied
Refinance 26 3% · 3.9% denied
Cash-out refinance 12 1% · 25.0% denied
Home improvement 2 0% · 0.0% denied
Other / HELOC 29 3% · 20.7% denied

By loan type

Conventional 834 98% · 52.2% denied
FHA 11 1% · 9.1% denied
VA 3 0% · 0.0% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Kentucky applicants

Credit history 285 65%
Debt-to-income ratio 97 22%
Other 34 8%
Unverifiable information 14 3%
Collateral 4 1%
Incomplete application 1 0%
Employment history 1 0%

Where in Kentucky

Counties with the most FirstBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Laurel County 61729 47.5%
Warren County 58443 5.2%
Lawrence County 30322 73.3%
Knox County 27317 63.0%
Whitley County 23211 47.8%
Muhlenberg County 23111 47.8%
Allen County 20135 25.0%
Johnson County 20117 85.0%
Pulaski County 19312 63.2%
Grayson County 18114 77.8%

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: 850 applications in 2025, of which 189 were originated and 436 denied.

51.3% of all applications, or 52.3% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans FirstBank originated in Kentucky in 2025 was 7.59%, against a statewide median of 6.75%.

About this data. Figures are FirstBank'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