Mortgage lender · Flemingsburg, KY · LEI 549300I8GW9QHQO63J05

Peoples Bank of Kentucky review: approval odds, rates and grade (2025)

Peoples Bank of Kentucky earns a C, in line with the typical performance of small mortgage lenders. It turned down 10.9% of the applications it decided on in 2025, which ranks in the 45th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

240Applications2025
76.7%Originatedof applications
10.9%Decision denial ratenational 22.6%
Median ratenational 6.63%
$31MLoan volume4 states

Peoples Bank of Kentucky at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

9.6%Denial rate (all applications)-8.40 pts vs national
10.9%Denial rate (decided applications)-11.69 pts vs national
76.7%Origination rate+18.64 pts vs national
12.1%Withdrawn by applicant
0.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$105,000Median loan amount
Median total loan costs
$77kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

45th10.9% denied

Processwithdrawn + incomplete share, weight 15%

48th12.1%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232531967.9%9.1%$25M
202422016515.5%17.0%$24M
20252401849.6%10.9%$31M

What Peoples Bank of Kentucky lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 137 57% · 6.6% denied
Refinance 66 28% · 12.1% denied
Home improvement 19 8% · 10.5% denied
Other / HELOC 18 8% · 22.2% denied

By loan type

Conventional 240 100% · 9.6% denied

Also: 0 home-equity lines, 0 reverse mortgages, 76 manufactured homes, 44 investment properties.

Who gets approved at Peoples Bank of Kentucky

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k674125.5%
$50k – $100k74613.2%
$100k – $150k47398.9%
$150k – $250k32283.3%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2525199.1%
25–34574410.2%
35–44533714.9%
45–54302116.0%
55–6438335.7%
65–7423190.0%

Where Peoples Bank of Kentucky lends

4 states and 24 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Kentucky2301779.6%#130
Ohio860.0%#650

Frequently asked questions

Peoples Bank of Kentucky denied 10.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 45th percentile of small mortgage lenders.

In 2025, 57% of its applications were for home purchases, 28% for refinancing (including cash-out), and 15% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Peoples Bank of Kentucky. Data sources · Methodology