NexBank · Kentucky · 2025

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

NexBank took 8 mortgage applications in Kentucky in 2025, ranking #447 of 856 lenders active in the state. It originated 62.5% of them and denied 37.5% (37.5% of the applications it decided), against a statewide denial rate of 18.8%.

8Applicationsin KY
37.5%Decision denial ratestate 23.5%
6.88%Median ratestate 6.75%
$215,000Median loanstate $155,000
$1.6MVolume7 counties

NexBank in Kentucky vs the state

37.5%Denial rate+18.69 pts vs state
37.5%Decision denial rate+14.01 pts vs state
62.5%Origination rate+4.46 pts vs state
6.88%Median rate+0.13 pts vs state
0.37Rate spread (pts)+0.06 pts vs state
$150kMedian applicant income
5Loans originated
3Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023860.0%7.06%#420
2024241816.7%6.88%#321
20258537.5%6.88%#447

What NexBank lends in Kentucky

By loan purpose

Home purchase 5 63% · 40.0% denied
Refinance 1 13% · 0.0% denied
Other / HELOC 2 25% · 50.0% denied

By loan type

Conventional 8 100% · 37.5% denied

Why it denied Kentucky applicants

Other 3 100%

Where in Kentucky

Counties with the most NexBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Campbell County 211 50.0%
Kenton County 110 0.0%
Jefferson County 101 100.0%
Fayette County 110 0.0%
Boone County 110 0.0%
Breckinridge County 101 100.0%
Anderson County 110 0.0%

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: 8 applications in 2025, of which 5 were originated and 3 denied.

37.5% of all applications, or 37.5% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans NexBank originated in Kentucky in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are NexBank'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