Newrez · Kentucky · 2025

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

Newrez took 1,621 mortgage applications in Kentucky in 2025, ranking #27 of 856 lenders active in the state. It originated 35.7% of them and denied 20.1% (35.6% of the applications it decided), against a statewide denial rate of 18.8%.

1.6kApplicationsin KY
35.6%Decision denial ratestate 23.5%
6.63%Median ratestate 6.75%
$185,000Median loanstate $155,000
$132MVolume111 counties

Newrez in Kentucky vs the state

20.1%Denial rate+1.30 pts vs state
35.6%Decision denial rate+12.10 pts vs state
35.7%Origination rate-22.32 pts vs state
6.63%Median rate-0.13 pts vs state
0.50Rate spread (pts)+0.19 pts vs state
$79kMedian applicant income
579Loans originated
326Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202380022423.3%6.75%#50
20241,20640119.7%6.63%#35
20251,62157920.1%6.63%#27

What Newrez lends in Kentucky

By loan purpose

Home purchase 192 12% · 8.9% denied
Refinance 495 31% · 12.5% denied
Cash-out refinance 934 58% · 26.5% denied

By loan type

Conventional 826 51% · 17.6% denied
FHA 452 28% · 32.5% denied
VA 323 20% · 9.0% denied
USDA / RHS 20 1% · 25.0% denied

Why it denied Kentucky applicants

Debt-to-income ratio 206 63%
Credit history 50 15%
Collateral 29 9%
Unverifiable information 17 5%
Other 12 4%
Insufficient cash 7 2%
Employment history 5 2%

Where in Kentucky

Counties with the most Newrez applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 2679458 21.7%
Boone County 1074021 19.6%
Fayette County 1024212 11.8%
Kenton County 923922 23.9%
Warren County 773412 15.6%
Campbell County 44158 18.2%
Madison County 43166 14.0%
Hardin County 431011 25.6%
Bullitt County 41712 29.3%
Oldham County 33172 6.1%

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: 1,621 applications in 2025, of which 579 were originated and 326 denied.

20.1% of all applications, or 35.6% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Newrez originated in Kentucky in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Newrez'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