Pennymac Loan Services · Kentucky · 2025

Pennymac Loan Services in Kentucky: approval rate, denial rate and rates (2025)

Pennymac Loan Services took 2,464 mortgage applications in Kentucky in 2025, ranking #16 of 856 lenders active in the state. It originated 45.9% of them and denied 11.9% (19.7% of the applications it decided), against a statewide denial rate of 18.8%.

2.5kApplicationsin KY
19.7%Decision denial ratestate 23.5%
6.25%Median ratestate 6.75%
$185,000Median loanstate $155,000
$235MVolume113 counties

Pennymac Loan Services in Kentucky vs the state

11.9%Denial rate-6.96 pts vs state
19.7%Decision denial rate-3.81 pts vs state
45.9%Origination rate-12.10 pts vs state
6.25%Median rate-0.50 pts vs state
0.35Rate spread (pts)+0.04 pts vs state
$83kMedian applicant income
1,132Loans originated
292Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,08349815.7%6.50%#35
20241,48971712.2%6.25%#27
20252,4641,13211.9%6.25%#16

What Pennymac Loan Services lends in Kentucky

By loan purpose

Home purchase 324 13% · 14.2% denied
Refinance 943 38% · 6.2% denied
Cash-out refinance 673 27% · 16.6% denied
Other / HELOC 524 21% · 14.5% denied

By loan type

Conventional 943 38% · 12.7% denied
FHA 995 40% · 12.7% denied
VA 484 20% · 8.5% denied
USDA / RHS 42 2% · 11.9% denied

Why it denied Kentucky applicants

Credit history 78 27%
Collateral 75 26%
Debt-to-income ratio 61 21%
Incomplete application 42 14%
Unverifiable information 16 5%
Other 10 3%
Insufficient cash 7 2%
Employment history 3 1%

Where in Kentucky

Counties with the most Pennymac Loan Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 35616126 7.3%
Fayette County 1385713 9.4%
Kenton County 1146413 11.4%
Hardin County 1075110 9.3%
Boone County 95609 9.5%
Bullitt County 85479 10.6%
Warren County 76438 10.5%
Christian County 64245 7.8%
Madison County 60318 13.3%
Campbell County 59275 8.5%

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: 2,464 applications in 2025, of which 1,132 were originated and 292 denied.

11.9% of all applications, or 19.7% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Pennymac Loan Services originated in Kentucky in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Pennymac Loan Services'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