General Electric Credit Union · Kentucky · 2025

General Electric Credit Union in Kentucky: approval rate, denial rate and rates (2025)

General Electric Credit Union took 250 mortgage applications in Kentucky in 2025, ranking #126 of 856 lenders active in the state. It originated 68.8% of them and denied 9.2% (11.3% of the applications it decided), against a statewide denial rate of 18.8%.

250Applicationsin KY
11.3%Decision denial ratestate 23.5%
5.99%Median ratestate 6.75%
$75,000Median loanstate $155,000
$21MVolume17 counties

General Electric Credit Union in Kentucky vs the state

9.2%Denial rate-9.61 pts vs state
11.3%Decision denial rate-12.22 pts vs state
68.8%Origination rate+10.76 pts vs state
5.99%Median rate-0.76 pts vs state
-1.20Rate spread (pts)-1.51 pts vs state
$125kMedian applicant income
172Loans originated
23Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233632686.9%5.75%#85
20243012028.3%5.99%#97
20252501729.2%5.99%#126

What General Electric Credit Union lends in Kentucky

By loan purpose

Home purchase 33 13% · 12.1% denied
Refinance 8 3% · 25.0% denied
Cash-out refinance 31 12% · 6.5% denied
Other / HELOC 178 71% · 8.4% denied

By loan type

Conventional 250 100% · 9.2% denied

Why it denied Kentucky applicants

Credit history 9 39%
Debt-to-income ratio 9 39%
Employment history 2 9%
Other 2 9%
Collateral 1 4%

Where in Kentucky

Counties with the most General Electric Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Boone County 865510 11.6%
Kenton County 73543 4.1%
Campbell County 64521 1.6%
Grant County 502 40.0%
Pendleton County 440 0.0%
Jefferson County 411 25.0%
Laurel County 210 0.0%
Harrison County 211 50.0%
Fayette County 211 50.0%
Scott County 110 0.0%

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: 250 applications in 2025, of which 172 were originated and 23 denied.

9.2% of all applications, or 11.3% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans General Electric Credit Union originated in Kentucky in 2025 was 5.99%, against a statewide median of 6.75%.

About this data. Figures are General Electric Credit Union'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