New Day Financial · Kentucky · 2025

New Day Financial in Kentucky: approval rate, denial rate and rates (2025)

New Day Financial took 974 mortgage applications in Kentucky in 2025, ranking #43 of 856 lenders active in the state. It originated 21.8% of them and denied 24.5% (50.5% of the applications it decided), against a statewide denial rate of 18.8%.

974Applicationsin KY
50.5%Decision denial ratestate 23.5%
6.99%Median ratestate 6.75%
$225,000Median loanstate $155,000
$54MVolume106 counties

New Day Financial in Kentucky vs the state

24.5%Denial rate+5.73 pts vs state
50.5%Decision denial rate+27.04 pts vs state
21.8%Origination rate-36.27 pts vs state
6.99%Median rate+0.24 pts vs state
0.63Rate spread (pts)+0.32 pts vs state
$70kMedian applicant income
212Loans originated
239Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202369714925.8%7.50%#58
202493115224.6%7.75%#43
202597421224.5%6.99%#43

What New Day Financial lends in Kentucky

By loan purpose

Home purchase 31 3% · 3.2% denied
Refinance 123 13% · 6.5% denied
Cash-out refinance 798 82% · 27.6% denied
Other / HELOC 22 2% · 45.5% denied

By loan type

Conventional 1 0% · 0.0% denied
FHA 41 4% · 58.5% denied
VA 932 96% · 23.1% denied

Why it denied Kentucky applicants

Credit history 141 59%
Debt-to-income ratio 73 31%
Other 15 6%
Collateral 9 4%
Employment history 1 0%

Where in Kentucky

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1362238 27.9%
Hardin County 832423 27.7%
Kenton County 42910 23.8%
Fayette County 421110 23.8%
Madison County 41911 26.8%
Christian County 3699 25.0%
Boone County 3478 23.5%
Pulaski County 2327 30.4%
Bullitt County 2127 33.3%
Daviess County 1847 38.9%

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: 974 applications in 2025, of which 212 were originated and 239 denied.

24.5% of all applications, or 50.5% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans New Day Financial originated in Kentucky in 2025 was 6.99%, against a statewide median of 6.75%.

About this data. Figures are New Day Financial'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