Independence Bank of Kentucky in Kentucky vs the state
13.9%Denial rate-4.89 pts vs state
15.6%Decision denial rate-7.89 pts vs state
73.2%Origination rate+15.11 pts vs state
7.00%Median rate+0.25 pts vs state
0.06Rate spread (pts)-0.25 pts vs state
$101kMedian applicant income
1,046Loans originated
199Denied
Trend in Kentucky
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,509 | 1,162 | 11.5% | 7.50% | #24 |
| 2024 | 1,398 | 1,046 | 13.3% | 7.95% | #31 |
| 2025 | 1,430 | 1,046 | 13.9% | 7.00% | #34 |
What Independence Bank of Kentucky lends in Kentucky
By loan purpose
By loan type
Why it denied Kentucky applicants
Where in Kentucky
Counties with the most Independence Bank of Kentucky applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Daviess County | 241 | 208 | 20 | 8.3% |
| Henderson County | 190 | 123 | 35 | 18.4% |
| Hopkins County | 156 | 105 | 29 | 18.6% |
| McCracken County | 123 | 97 | 12 | 9.8% |
| Webster County | 103 | 71 | 22 | 21.4% |
| Jefferson County | 82 | 60 | 9 | 11.0% |
| Warren County | 75 | 55 | 9 | 12.0% |
| Calloway County | 66 | 49 | 8 | 12.1% |
| Shelby County | 64 | 50 | 5 | 7.8% |
| Graves County | 51 | 41 | 5 | 9.8% |
Other large lenders in Kentucky
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 8,420 | 18.1% | 6.75% |
| Vanderbilt Mortgage and Finance | F | 8,220 | 44.8% | 9.50% |
| United Shore Financial Services | B | 6,871 | 9.8% | 6.50% |
| Fifth Third Bank | D | 5,663 | 25.5% | 7.75% |
| U.S. Bank | D | 4,887 | 29.5% | 7.00% |
| Mortgage Research Center | C | 3,617 | 18.0% | 6.25% |
| PNC Bank | D | 3,585 | 23.7% | 7.40% |
| 21st Mortgage | F | 3,478 | 48.0% | 9.95% |
| Commonwealth | C | 3,270 | 24.9% | 7.25% |
| Stockton Mortgage | D | 3,255 | 6.1% | 6.63% |
Frequently asked questions
Kentucky: 1,430 applications in 2025, of which 1,046 were originated and 199 denied.
13.9% of all applications, or 15.6% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.
The median rate on loans Independence Bank of Kentucky originated in Kentucky in 2025 was 7.00%, against a statewide median of 6.75%.
About this data. Figures are Independence Bank of Kentucky'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