Magnolia Bank · Kentucky · 2025

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

Magnolia Bank took 950 mortgage applications in Kentucky in 2025, ranking #44 of 856 lenders active in the state. It originated 79.7% of them and denied 6.8% (7.8% of the applications it decided), against a statewide denial rate of 18.8%.

950Applicationsin KY
7.8%Decision denial ratestate 23.5%
6.50%Median ratestate 6.75%
$205,000Median loanstate $155,000
$187MVolume86 counties

Magnolia Bank in Kentucky vs the state

6.8%Denial rate-11.97 pts vs state
7.8%Decision denial rate-15.65 pts vs state
79.7%Origination rate+21.64 pts vs state
6.50%Median rate-0.25 pts vs state
0.31Rate spread (pts)0.00 pts vs state
$80kMedian applicant income
757Loans originated
65Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235814776.4%6.88%#66
20249467735.0%6.63%#42
20259507576.8%6.50%#44

What Magnolia Bank lends in Kentucky

By loan purpose

Home purchase 779 82% · 6.2% denied
Refinance 67 7% · 9.0% denied
Cash-out refinance 79 8% · 10.1% denied
Home improvement 13 1% · 7.7% denied
Other / HELOC 12 1% · 16.7% denied

By loan type

Conventional 434 46% · 5.1% denied
FHA 297 31% · 8.1% denied
VA 111 12% · 4.5% denied
USDA / RHS 108 11% · 13.0% denied

Why it denied Kentucky applicants

Debt-to-income ratio 27 42%
Collateral 12 18%
Credit history 10 15%
Other 10 15%
Unverifiable information 3 5%
Employment history 3 5%

Where in Kentucky

Counties with the most Magnolia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 22217711 5.0%
Hardin County 64536 9.4%
Marshall County 40277 17.5%
Warren County 39321 2.6%
Bullitt County 35262 5.7%
Nelson County 35272 5.7%
Graves County 33273 9.1%
Christian County 22171 4.5%
Calloway County 19161 5.3%
Laurel County 19142 10.5%

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: 950 applications in 2025, of which 757 were originated and 65 denied.

6.8% of all applications, or 7.8% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Magnolia Bank originated in Kentucky in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Magnolia 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