Park Federal Credit Union · Kentucky · 2025

Park Federal Credit Union in Kentucky: approval rate, denial rate and rates (2025)

Park Federal Credit Union took 758 mortgage applications in Kentucky in 2025, ranking #56 of 856 lenders active in the state. It originated 66.6% of them and denied 15.6% (18.7% of the applications it decided), against a statewide denial rate of 18.8%.

758Applicationsin KY
18.7%Decision denial ratestate 23.5%
7.50%Median ratestate 6.75%
$105,000Median loanstate $155,000
$76MVolume37 counties

Park Federal Credit Union in Kentucky vs the state

15.6%Denial rate-3.24 pts vs state
18.7%Decision denial rate-4.76 pts vs state
66.6%Origination rate+8.58 pts vs state
7.50%Median rate+0.75 pts vs state
-0.13Rate spread (pts)-0.44 pts vs state
$91kMedian applicant income
505Loans originated
118Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,29490413.4%7.13%#28
202485454615.2%8.24%#50
202575850515.6%7.50%#56

What Park Federal Credit Union lends in Kentucky

By loan purpose

Home purchase 180 24% · 5.6% denied
Refinance 57 8% · 8.8% denied
Cash-out refinance 203 27% · 12.8% denied
Home improvement 210 28% · 20.5% denied
Other / HELOC 108 14% · 31.5% denied

By loan type

Conventional 758 100% · 15.6% denied

Why it denied Kentucky applicants

Credit history 74 63%
Debt-to-income ratio 36 31%
Collateral 3 3%
Employment history 2 2%
Insufficient cash 2 2%
Unverifiable information 1 1%

Where in Kentucky

Counties with the most Park Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 41627869 16.6%
Bullitt County 1016518 17.8%
Madison County 744810 13.5%
Oldham County 36232 5.6%
Fayette County 26221 3.8%
Shelby County 1492 14.3%
Nelson County 1383 23.1%
Spencer County 971 11.1%
Garrard County 941 11.1%
Clark County 851 12.5%

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: 758 applications in 2025, of which 505 were originated and 118 denied.

15.6% of all applications, or 18.7% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Park Federal Credit Union originated in Kentucky in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are Park Federal Credit Union'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