Lower in Kentucky vs the state
9.7%Denial rate-9.09 pts vs state
12.7%Decision denial rate-10.82 pts vs state
65.6%Origination rate+7.56 pts vs state
6.56%Median rate-0.19 pts vs state
0.33Rate spread (pts)+0.02 pts vs state
$96kMedian applicant income
452Loans originated
67Denied
Trend in Kentucky
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 797 | 543 | 13.4% | 6.63% | #52 |
| 2024 | 577 | 394 | 8.0% | 6.75% | #64 |
| 2025 | 689 | 452 | 9.7% | 6.56% | #63 |
What Lower lends in Kentucky
By loan purpose
By loan type
Why it denied Kentucky applicants
Where in Kentucky
Counties with the most Lower applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 192 | 136 | 12 | 6.3% |
| Fayette County | 79 | 57 | 3 | 3.8% |
| Kenton County | 24 | 17 | 2 | 8.3% |
| Scott County | 23 | 20 | 0 | 0.0% |
| Bullitt County | 23 | 13 | 2 | 8.7% |
| Oldham County | 23 | 13 | 1 | 4.3% |
| Madison County | 22 | 13 | 0 | 0.0% |
| Hardin County | 16 | 9 | 3 | 18.8% |
| Campbell County | 15 | 10 | 1 | 6.7% |
| Jessamine County | 12 | 9 | 1 | 8.3% |
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: 689 applications in 2025, of which 452 were originated and 67 denied.
9.7% of all applications, or 12.7% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.
The median rate on loans Lower originated in Kentucky in 2025 was 6.56%, against a statewide median of 6.75%.
About this data. Figures are Lower'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