Mortgage lender · Louisville, KY · LEI 4LJGQ9KJ9S0CP4B1FY29

Stock Yards Bank & Trust review: approval odds, rates and grade (2025)

Stock Yards Bank & Trust earns a B, better than most mid-size mortgage lenders. It turned down 21.5% of the applications it decided on in 2025, which ranks in the 20th percentile for approval odds. Its median loan was priced 0.42 points below the average prime offer rate, ranking in the 97th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

3.8kApplications2025
67.6%Originatedof applications
21.5%Decision denial ratenational 22.6%
6.50%Median ratenational 6.63%
$736MLoan volume12 states

Stock Yards Bank & Trust at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

18.8%Denial rate (all applications)+0.85 pts vs national
21.5%Denial rate (decided applications)-1.05 pts vs national
67.6%Origination rate+9.60 pts vs national
11.6%Withdrawn by applicant
1.0%Closed for incompleteness
6.50%Median interest rate-0.13 pts vs national
-0.42Median rate spread (pts over APOR)-0.67 pts vs national
$155,000Median loan amount
$3,467Median total loan costs
$82kMedian applicant income
76%Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

20th21.5% denied

Pricingmedian rate spread over APOR, weight 30%

97th-0.42 pts

Processwithdrawn + incomplete share, weight 15%

72nd12.6%

Closing coststotal loan costs ÷ loan amount, weight 10%

51st2.24% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20233,4772,26321.8%24.9%6.90%$716M
20243,4312,25421.5%24.3%7.00%$780M
20253,7542,53918.8%21.5%6.50%$736M

What Stock Yards Bank & Trust lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 1,773 47% · 7.8% denied
Refinance 601 16% · 17.6% denied
Cash-out refinance 83 2% · 21.7% denied
Home improvement 721 19% · 31.1% denied
Other / HELOC 576 15% · 38.4% denied

By loan type

Conventional 3,502 93% · 18.8% denied
FHA 193 5% · 22.8% denied
VA 42 1% · 2.4% denied
USDA / RHS 17 0% · 23.5% denied

Also: 1,641 home-equity lines, 0 reverse mortgages, 62 manufactured homes, 389 investment properties.

Why Stock Yards Bank & Trust denies applications

Primary reason reported for each of the 707 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 267 38%
Credit history 251 36%
Collateral 66 9%
Other 45 6%
Incomplete application 34 5%
Employment history 18 3%
Unverifiable information 14 2%
Insufficient cash 12 2%

How these reasons compare nationally →

Who gets approved at Stock Yards Bank & Trust

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k69938037.4%
$50k – $100k1,35488623.1%
$100k – $150k49635618.7%
$150k – $250k44031615.5%
Over $250k4353549.3%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2516412212.2%
25–3469849416.9%
35–4462340124.7%
45–5464241525.3%
55–6461539827.6%
65–7446531123.1%
Over 7425716823.1%

Where Stock Yards Bank & Trust lends

12 states and 136 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Kentucky3,0442,04419.8%6.50%#11
Indiana48834116.0%6.50%#117
Ohio15311411.1%6.12%#270
Florida31239.7%6.47%#682
Tennessee14614.3%6.28%#589
Michigan540.0%6.63%#593

Frequently asked questions

Stock Yards Bank & Trust denied 21.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 20th percentile of mid-size mortgage lenders.

The most common reason Stock Yards Bank & Trust gave in 2025 was "debt-to-income ratio", cited on 37.8% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Stock Yards Bank & Trust originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was -0.42 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 47% of its applications were for home purchases, 18% for refinancing (including cash-out), and 35% for home improvement or other purposes. By loan type: 93% conventional, 5% FHA, 1% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Stock Yards Bank & Trust. Data sources · Methodology