South Central Bank · Kentucky · 2025

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

South Central Bank took 1,778 mortgage applications in Kentucky in 2025, ranking #23 of 856 lenders active in the state. It originated 77.4% of them and denied 6.8% (7.7% of the applications it decided), against a statewide denial rate of 18.8%.

1.8kApplicationsin KY
7.7%Decision denial ratestate 23.5%
7.25%Median ratestate 6.75%
$155,000Median loanstate $155,000
$270MVolume73 counties

South Central Bank in Kentucky vs the state

6.8%Denial rate-12.00 pts vs state
7.7%Decision denial rate-15.83 pts vs state
77.4%Origination rate+19.35 pts vs state
7.25%Median rate+0.50 pts vs state
0.20Rate spread (pts)-0.11 pts vs state
$85kMedian applicant income
1,376Loans originated
121Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,5141,2256.5%7.13%#23
20241,6001,2487.6%8.00%#24
20251,7781,3766.8%7.25%#23

What South Central Bank lends in Kentucky

By loan purpose

Home purchase 757 43% · 5.6% denied
Refinance 482 27% · 5.4% denied
Cash-out refinance 83 5% · 20.5% denied
Home improvement 369 21% · 5.4% denied
Other / HELOC 87 5% · 18.4% denied

By loan type

Conventional 1,476 83% · 6.2% denied
FHA 207 12% · 12.6% denied
VA 71 4% · 4.2% denied
USDA / RHS 24 1% · 4.2% denied

Why it denied Kentucky applicants

Debt-to-income ratio 43 36%
Credit history 41 34%
Collateral 16 13%
Other 11 9%
Employment history 6 5%
Insufficient cash 2 2%
Unverifiable information 1 1%
Mortgage insurance denied 1 1%

Where in Kentucky

Counties with the most South Central Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Warren County 30124418 6.0%
Hardin County 25618510 3.9%
Barren County 24420616 6.6%
Daviess County 1281054 3.1%
Jefferson County 109766 5.5%
Monroe County 816310 12.3%
Allen County 78666 7.7%
Logan County 53416 11.3%
Metcalfe County 44391 2.3%
Hart County 43354 9.3%

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: 1,778 applications in 2025, of which 1,376 were originated and 121 denied.

6.8% of all applications, or 7.7% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

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

About this data. Figures are South Central 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