German American Bank · Kentucky · 2025

German American Bank in Kentucky: approval rate, denial rate and rates (2025)

German American Bank took 1,484 mortgage applications in Kentucky in 2025, ranking #29 of 856 lenders active in the state. It originated 73.9% of them and denied 15.3% (17.0% of the applications it decided), against a statewide denial rate of 18.8%.

1.5kApplicationsin KY
17.0%Decision denial ratestate 23.5%
6.99%Median ratestate 6.75%
$125,000Median loanstate $155,000
$215MVolume55 counties

German American Bank in Kentucky vs the state

15.3%Denial rate-3.51 pts vs state
17.0%Decision denial rate-6.52 pts vs state
73.9%Origination rate+15.88 pts vs state
6.99%Median rate+0.24 pts vs state
-7.11Rate spread (pts)-7.42 pts vs state
$98kMedian applicant income
1,097Loans originated
227Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,07172919.1%7.00%#36
20241,31293018.5%7.25%#32
20251,4841,09715.3%6.99%#29

What German American Bank lends in Kentucky

By loan purpose

Home purchase 465 31% · 8.8% denied
Refinance 369 25% · 12.7% denied
Cash-out refinance 45 3% · 33.3% denied
Home improvement 324 22% · 17.6% denied
Other / HELOC 281 19% · 23.8% denied

By loan type

Conventional 1,391 94% · 14.8% denied
FHA 73 5% · 24.7% denied
VA 12 1% · 16.7% denied
USDA / RHS 8 1% · 12.5% denied

Why it denied Kentucky applicants

Debt-to-income ratio 110 48%
Credit history 65 29%
Collateral 30 13%
Employment history 8 4%
Other 6 3%
Incomplete application 5 2%
Unverifiable information 3 1%

Where in Kentucky

Counties with the most German American Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 21814647 21.6%
Daviess County 1229915 12.3%
Warren County 1229811 9.0%
Shelby County 1148524 21.1%
Simpson County 99819 9.1%
Kenton County 96735 5.2%
Boone County 90718 8.9%
Owen County 746011 14.9%
Hart County 715213 18.3%
Spencer County 513711 21.6%

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: 1,484 applications in 2025, of which 1,097 were originated and 227 denied.

15.3% of all applications, or 17.0% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans German American Bank originated in Kentucky in 2025 was 6.99%, against a statewide median of 6.75%.

About this data. Figures are German American 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