The Farmers Bank · Kentucky · 2025

The Farmers Bank in Kentucky: approval rate, denial rate and rates (2025)

The Farmers Bank took 140 mortgage applications in Kentucky in 2025, ranking #174 of 856 lenders active in the state. It originated 82.9% of them and denied 3.6% (3.7% of the applications it decided), against a statewide denial rate of 18.8%.

140Applicationsin KY
3.7%Decision denial ratestate 23.5%
Median ratestate 6.75%
$205,000Median loanstate $155,000
$33MVolume15 counties

The Farmers Bank in Kentucky vs the state

3.6%Denial rate-15.24 pts vs state
3.7%Decision denial rate-19.76 pts vs state
82.9%Origination rate+24.82 pts vs state
Median rate
Rate spread (pts)
$98kMedian applicant income
116Loans originated
5Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231331047.5%#157
20241441166.9%#160
20251401163.6%#174

What The Farmers Bank lends in Kentucky

By loan purpose

Home purchase 77 55% · 2.6% denied
Refinance 45 32% · 2.2% denied
Cash-out refinance 4 3% · 0.0% denied
Home improvement 8 6% · 12.5% denied
Other / HELOC 6 4% · 16.7% denied

By loan type

Conventional 140 100% · 3.6% denied

Where in Kentucky

Counties with the most The Farmers Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jessamine County 80672 2.5%
Garrard County 14131 7.1%
Fayette County 14120 0.0%
Madison County 980 0.0%
Boyle County 550 0.0%
Woodford County 320 0.0%
Mercer County 320 0.0%
Anderson County 220 0.0%
Montgomery County 210 0.0%
Clark County 211 50.0%

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: 140 applications in 2025, of which 116 were originated and 5 denied.

3.6% of all applications, or 3.7% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The Farmers 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