Peoples Bank · Kentucky · 2025

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

Peoples Bank took 832 mortgage applications in Kentucky in 2025, ranking #52 of 856 lenders active in the state. It originated 55.9% of them and denied 30.1% (33.5% of the applications it decided), against a statewide denial rate of 18.8%.

832Applicationsin KY
33.5%Decision denial ratestate 23.5%
7.25%Median ratestate 6.75%
$75,000Median loanstate $155,000
$97MVolume68 counties

Peoples Bank in Kentucky vs the state

30.1%Denial rate+11.24 pts vs state
33.5%Decision denial rate+10.02 pts vs state
55.9%Origination rate-2.15 pts vs state
7.25%Median rate+0.50 pts vs state
0.30Rate spread (pts)-0.01 pts vs state
$66kMedian applicant income
465Loans originated
250Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202358731134.6%7.50%#65
202467139027.7%8.50%#60
202583246530.1%7.25%#52

What Peoples Bank lends in Kentucky

By loan purpose

Home purchase 203 24% · 20.7% denied
Refinance 46 6% · 19.6% denied
Cash-out refinance 221 27% · 20.4% denied
Home improvement 229 28% · 40.2% denied
Other / HELOC 133 16% · 46.6% denied

By loan type

Conventional 804 97% · 29.7% denied
FHA 23 3% · 43.5% denied
VA 1 0% · 0.0% denied
USDA / RHS 4 0% · 25.0% denied

Why it denied Kentucky applicants

Debt-to-income ratio 99 40%
Credit history 89 36%
Collateral 34 14%
Incomplete application 17 7%
Insufficient cash 5 2%
Other 3 1%
Unverifiable information 2 1%
Employment history 1 0%

Where in Kentucky

Counties with the most Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 915721 23.1%
Greenup County 683821 30.9%
Floyd County 553019 34.5%
Hart County 542922 40.7%
Boyd County 542915 27.8%
Ohio County 33227 21.2%
Henry County 29169 31.0%
Barren County 291412 41.4%
Lewis County 29168 27.6%
Mason County 28187 25.0%

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: 832 applications in 2025, of which 465 were originated and 250 denied.

30.1% of all applications, or 33.5% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Peoples Bank originated in Kentucky in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Peoples Bank'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