Southwest Funding · Kentucky · 2025

Southwest Funding in Kentucky: approval rate, denial rate and rates (2025)

Southwest Funding took 70 mortgage applications in Kentucky in 2025, ranking #237 of 856 lenders active in the state. It originated 55.7% of them and denied 8.6% (12.5% of the applications it decided), against a statewide denial rate of 18.8%.

70Applicationsin KY
12.5%Decision denial ratestate 23.5%
6.75%Median ratestate 6.75%
$205,000Median loanstate $155,000
$9.5MVolume18 counties

Southwest Funding in Kentucky vs the state

8.6%Denial rate-10.24 pts vs state
12.5%Decision denial rate-10.99 pts vs state
55.7%Origination rate-2.33 pts vs state
6.75%Median rate0.00 pts vs state
0.50Rate spread (pts)+0.19 pts vs state
$72kMedian applicant income
39Loans originated
6Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351312.0%6.75%#238
202459380.0%6.99%#234
202570398.6%6.75%#237

What Southwest Funding lends in Kentucky

By loan purpose

Home purchase 54 77% · 11.1% denied
Refinance 4 6% · 0.0% denied
Cash-out refinance 12 17% · 0.0% denied

By loan type

Conventional 34 49% · 2.9% denied
FHA 19 27% · 15.8% denied
VA 17 24% · 11.8% denied

Why it denied Kentucky applicants

Collateral 3 50%
Unverifiable information 1 17%
Debt-to-income ratio 1 17%
Credit history 1 17%

Where in Kentucky

Counties with the most Southwest Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 2290 0.0%
Christian County 17141 5.9%
Logan County 734 57.1%
Oldham County 530 0.0%
Bullitt County 420 0.0%
Warren County 320 0.0%
Graves County 110 0.0%
Breckinridge County 100 0.0%
Lee County 110 0.0%
Barren County 101 100.0%

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: 70 applications in 2025, of which 39 were originated and 6 denied.

8.6% of all applications, or 12.5% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Southwest Funding originated in Kentucky in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are Southwest Funding'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