Heritage Bank · Kentucky · 2025

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

Heritage Bank took 360 mortgage applications in Kentucky in 2025, ranking #96 of 856 lenders active in the state. It originated 74.7% of them and denied 19.2% (20.4% of the applications it decided), against a statewide denial rate of 18.8%.

360Applicationsin KY
20.4%Decision denial ratestate 23.5%
Median ratestate 6.75%
$105,000Median loanstate $155,000
$40MVolume10 counties

Heritage Bank in Kentucky vs the state

19.2%Denial rate+0.36 pts vs state
20.4%Decision denial rate-3.08 pts vs state
74.7%Origination rate+16.68 pts vs state
Median rate
Rate spread (pts)
$94kMedian applicant income
269Loans originated
69Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232692535.6%#101
202431422420.1%#96
202536026919.2%#96

What Heritage Bank lends in Kentucky

By loan purpose

Home purchase 24 7% · 0.0% denied
Refinance 104 29% · 6.7% denied
Home improvement 42 12% · 38.1% denied
Other / HELOC 190 53% · 24.2% denied

By loan type

Conventional 360 100% · 19.2% denied

Where in Kentucky

Counties with the most Heritage Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Boone County 1088122 20.4%
Kenton County 1087625 23.1%
Campbell County 64537 10.9%
Grant County 432710 23.3%
Pendleton County 27261 3.7%
Owen County 422 50.0%
Bracken County 312 66.7%
Gallatin County 110 0.0%
Fayette County 110 0.0%
Russell 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: 360 applications in 2025, of which 269 were originated and 69 denied.

19.2% of all applications, or 20.4% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Heritage 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