PNC Bank · Kentucky · 2025

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

PNC Bank took 3,585 mortgage applications in Kentucky in 2025, ranking #7 of 856 lenders active in the state. It originated 58.4% of them and denied 23.7% (28.2% of the applications it decided), against a statewide denial rate of 18.8%.

3.6kApplicationsin KY
28.2%Decision denial ratestate 23.5%
7.40%Median ratestate 6.75%
$85,000Median loanstate $155,000
$332MVolume95 counties

PNC Bank in Kentucky vs the state

23.7%Denial rate+4.90 pts vs state
28.2%Decision denial rate+4.74 pts vs state
58.4%Origination rate+0.40 pts vs state
7.40%Median rate+0.65 pts vs state
0.36Rate spread (pts)+0.05 pts vs state
$85kMedian applicant income
2,095Loans originated
850Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,6922,15024.5%8.85%#6
20243,3772,04022.8%8.89%#8
20253,5852,09523.7%7.40%#7

What PNC Bank lends in Kentucky

By loan purpose

Home purchase 521 15% · 10.8% denied
Refinance 823 23% · 18.6% denied
Cash-out refinance 100 3% · 12.0% denied
Home improvement 1,084 30% · 30.5% denied
Other / HELOC 1,057 29% · 28.2% denied

By loan type

Conventional 3,503 98% · 24.0% denied
FHA 53 1% · 17.0% denied
VA 27 1% · 3.7% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Kentucky applicants

Credit history 435 51%
Debt-to-income ratio 211 25%
Incomplete application 98 12%
Collateral 87 10%
Other 15 2%
Insufficient cash 3 0%
Employment history 1 0%

Where in Kentucky

Counties with the most PNC Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1,482919312 21.1%
Fayette County 20611259 28.6%
Kenton County 17511232 18.3%
Oldham County 16811326 15.5%
Bullitt County 1559535 22.6%
Boone County 1338328 21.1%
Campbell County 1015723 22.8%
Nelson County 836213 15.7%
Warren County 783819 24.4%
Hardin County 764912 15.8%

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%
21st MortgageF 3,47848.0%9.95%
CommonwealthC 3,27024.9%7.25%
Stockton MortgageD 3,2556.1%6.63%
Stock Yards Bank & TrustB 3,04419.8%6.50%

Frequently asked questions

Kentucky: 3,585 applications in 2025, of which 2,095 were originated and 850 denied.

23.7% of all applications, or 28.2% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans PNC Bank originated in Kentucky in 2025 was 7.40%, against a statewide median of 6.75%.

About this data. Figures are PNC 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