Spring Eq in Kentucky vs the state
49.5%Denial rate+30.68 pts vs state
60.0%Decision denial rate+36.48 pts vs state
30.7%Origination rate-27.39 pts vs state
9.53%Median rate+2.78 pts vs state
3.62Rate spread (pts)+3.31 pts vs state
$102kMedian applicant income
270Loans originated
436Denied
Trend in Kentucky
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 682 | 184 | 60.4% | 11.25% | #59 |
| 2024 | 812 | 265 | 50.3% | 10.33% | #52 |
| 2025 | 881 | 270 | 49.5% | 9.53% | #47 |
What Spring Eq lends in Kentucky
By loan purpose
By loan type
Why it denied Kentucky applicants
Where in Kentucky
Counties with the most Spring Eq applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 202 | 60 | 104 | 51.5% |
| Fayette County | 67 | 21 | 28 | 41.8% |
| Kenton County | 52 | 18 | 27 | 51.9% |
| Boone County | 38 | 18 | 14 | 36.8% |
| Oldham County | 38 | 13 | 15 | 39.5% |
| Campbell County | 33 | 12 | 14 | 42.4% |
| Bullitt County | 27 | 9 | 14 | 51.9% |
| Madison County | 25 | 8 | 12 | 48.0% |
| Hardin County | 21 | 6 | 14 | 66.7% |
| Spencer County | 18 | 5 | 11 | 61.1% |
Other large lenders in Kentucky
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 8,420 | 18.1% | 6.75% |
| Vanderbilt Mortgage and Finance | F | 8,220 | 44.8% | 9.50% |
| United Shore Financial Services | B | 6,871 | 9.8% | 6.50% |
| Fifth Third Bank | D | 5,663 | 25.5% | 7.75% |
| U.S. Bank | D | 4,887 | 29.5% | 7.00% |
| Mortgage Research Center | C | 3,617 | 18.0% | 6.25% |
| PNC Bank | D | 3,585 | 23.7% | 7.40% |
| 21st Mortgage | F | 3,478 | 48.0% | 9.95% |
| Commonwealth | C | 3,270 | 24.9% | 7.25% |
| Stockton Mortgage | D | 3,255 | 6.1% | 6.63% |
Frequently asked questions
Kentucky: 881 applications in 2025, of which 270 were originated and 436 denied.
49.5% of all applications, or 60.0% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.
The median rate on loans Spring Eq originated in Kentucky in 2025 was 9.53%, against a statewide median of 6.75%.
About this data. Figures are Spring Eq'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