Mortgage Research Center · Kentucky · 2025

Mortgage Research Center in Kentucky: approval rate, denial rate and rates (2025)

Mortgage Research Center took 3,617 mortgage applications in Kentucky in 2025, ranking #6 of 856 lenders active in the state. It originated 49.4% of them and denied 18.0% (26.5% of the applications it decided), against a statewide denial rate of 18.8%.

3.6kApplicationsin KY
26.5%Decision denial ratestate 23.5%
6.25%Median ratestate 6.75%
$245,000Median loanstate $155,000
$486MVolume120 counties

Mortgage Research Center in Kentucky vs the state

18.0%Denial rate-0.81 pts vs state
26.5%Decision denial rate+2.98 pts vs state
49.4%Origination rate-8.66 pts vs state
6.25%Median rate-0.50 pts vs state
-0.21Rate spread (pts)-0.52 pts vs state
$85kMedian applicant income
1,786Loans originated
651Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,5581,37614.7%6.75%#12
20243,1781,64614.3%6.63%#9
20253,6171,78618.0%6.25%#6

What Mortgage Research Center lends in Kentucky

By loan purpose

Home purchase 2,105 58% · 7.5% denied
Refinance 703 19% · 19.9% denied
Cash-out refinance 809 22% · 43.6% denied

By loan type

Conventional 294 8% · 30.3% denied
FHA 143 4% · 18.9% denied
VA 3,171 88% · 16.8% denied
USDA / RHS 9 0% · 22.2% denied

Why it denied Kentucky applicants

Credit history 402 62%
Other 109 17%
Incomplete application 60 9%
Debt-to-income ratio 44 7%
Collateral 23 4%
Employment history 9 1%
Insufficient cash 4 1%

Where in Kentucky

Counties with the most Mortgage Research Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 33113383 25.1%
Hardin County 28315932 11.3%
Christian County 24014626 10.8%
Madison County 1165920 17.2%
Fayette County 1075226 24.3%
Kenton County 994424 24.2%
Boone County 973619 19.6%
Meade County 854218 21.2%
McCracken County 853716 18.8%
Warren County 854519 22.4%

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%
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%
Stock Yards Bank & TrustB 3,04419.8%6.50%

Frequently asked questions

Kentucky: 3,617 applications in 2025, of which 1,786 were originated and 651 denied.

18.0% of all applications, or 26.5% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Mortgage Research Center originated in Kentucky in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Mortgage Research Center'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