T2 Financial · Kentucky · 2025

T2 Financial in Kentucky: approval rate, denial rate and rates (2025)

T2 Financial took 743 mortgage applications in Kentucky in 2025, ranking #59 of 856 lenders active in the state. It originated 79.7% of them and denied 4.6% (5.1% of the applications it decided), against a statewide denial rate of 18.8%.

743Applicationsin KY
5.1%Decision denial ratestate 23.5%
6.38%Median ratestate 6.75%
$235,000Median loanstate $155,000
$153MVolume64 counties

T2 Financial in Kentucky vs the state

4.6%Denial rate-14.23 pts vs state
5.1%Decision denial rate-18.40 pts vs state
79.7%Origination rate+21.64 pts vs state
6.38%Median rate-0.38 pts vs state
0.31Rate spread (pts)0.00 pts vs state
$86kMedian applicant income
592Loans originated
34Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202362514.8%7.00%#215
20243993245.5%6.49%#82
20257435924.6%6.38%#59

What T2 Financial lends in Kentucky

By loan purpose

Home purchase 699 94% · 4.6% denied
Refinance 20 3% · 5.0% denied
Cash-out refinance 15 2% · 6.7% denied
Home improvement 3 0% · 0.0% denied
Other / HELOC 6 1% · 0.0% denied

By loan type

Conventional 343 46% · 2.9% denied
FHA 288 39% · 6.6% denied
VA 65 9% · 6.2% denied
USDA / RHS 47 6% · 2.1% denied

Why it denied Kentucky applicants

Debt-to-income ratio 13 38%
Other 7 21%
Unverifiable information 3 9%
Credit history 3 9%
Collateral 3 9%
Employment history 2 6%
Incomplete application 2 6%
Insufficient cash 1 3%

Where in Kentucky

Counties with the most T2 Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Madison County 1861556 3.2%
Fayette County 104786 5.8%
Jefferson County 63553 4.8%
Boyle County 28222 7.1%
Lincoln County 25191 4.0%
Clark County 24142 8.3%
Scott County 22200 0.0%
Jessamine County 22152 9.1%
Garrard County 21200 0.0%
Franklin County 19160 0.0%

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: 743 applications in 2025, of which 592 were originated and 34 denied.

4.6% of all applications, or 5.1% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans T2 Financial originated in Kentucky in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are T2 Financial'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