The Monticello Banking at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
23rd18.6% deniedProcesswithdrawn + incomplete share, weight 15%
49th11.7%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 402 | 283 | 14.9% | 17.4% | — | $63M |
| 2024 | 297 | 199 | 17.9% | 21.0% | — | $38M |
| 2025 | 231 | 166 | 16.5% | 18.6% | — | $51M |
What The Monticello Banking 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
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 21 manufactured homes, 107 investment properties.
Who gets approved at The Monticello Banking
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 45 | 20 | 46.0% |
| $50k – $100k | 48 | 24 | 36.8% |
| $100k – $150k | 23 | 18 | 10.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 26 | 15 | 34.8% |
| 45–54 | 34 | 22 | 29.0% |
| 55–64 | 32 | 24 | 20.0% |
Where The Monticello Banking lends
3 states and 31 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Kentucky | 229 | 165 | 16.6% | — | #132 |
Frequently asked questions
The Monticello Banking denied 18.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 23rd percentile of small mortgage lenders.
In 2025, 65% of its applications were for home purchases, 33% for refinancing (including cash-out), and 2% for home improvement or other purposes. By loan type: 99% conventional, 0% FHA, 0% 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.