Peoples Exchange Bank · Kentucky · 2025

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

Peoples Exchange Bank took 304 mortgage applications in Kentucky in 2025, ranking #108 of 856 lenders active in the state. It originated 64.5% of them and denied 12.2% (15.1% of the applications it decided), against a statewide denial rate of 18.8%.

304Applicationsin KY
15.1%Decision denial ratestate 23.5%
7.13%Median ratestate 6.75%
$195,000Median loanstate $155,000
$54MVolume41 counties

Peoples Exchange Bank in Kentucky vs the state

12.2%Denial rate-6.64 pts vs state
15.1%Decision denial rate-8.39 pts vs state
64.5%Origination rate+6.43 pts vs state
7.13%Median rate+0.38 pts vs state
0.17Rate spread (pts)-0.15 pts vs state
$94kMedian applicant income
196Loans originated
37Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202334723710.1%6.88%#90
20243832798.9%6.99%#86
202530419612.2%7.13%#108

What Peoples Exchange Bank lends in Kentucky

By loan purpose

Home purchase 183 60% · 8.2% denied
Refinance 72 24% · 11.1% denied
Cash-out refinance 38 13% · 34.2% denied
Home improvement 11 4% · 9.1% denied

By loan type

Conventional 260 86% · 12.7% denied
FHA 30 10% · 3.3% denied
VA 6 2% · 0.0% denied
USDA / RHS 8 3% · 37.5% denied

Why it denied Kentucky applicants

Credit history 22 59%
Debt-to-income ratio 9 24%
Collateral 4 11%
Other 1 3%
Insufficient cash 1 3%

Where in Kentucky

Counties with the most Peoples Exchange Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fayette County 59453 5.1%
Scott County 43272 4.7%
Montgomery County 37237 18.9%
Clark County 34224 11.8%
Powell County 31204 12.9%
Madison County 1290 0.0%
Bourbon County 750 0.0%
Boone County 751 14.3%
Garrard County 650 0.0%
Wolfe County 522 40.0%

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: 304 applications in 2025, of which 196 were originated and 37 denied.

12.2% of all applications, or 15.1% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Peoples Exchange Bank originated in Kentucky in 2025 was 7.13%, against a statewide median of 6.75%.

About this data. Figures are Peoples Exchange 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