Traditional Bank · Kentucky · 2025

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

Traditional Bank took 902 mortgage applications in Kentucky in 2025, ranking #46 of 856 lenders active in the state. It originated 83.0% of them and denied 10.1% (10.8% of the applications it decided), against a statewide denial rate of 18.8%.

902Applicationsin KY
10.8%Decision denial ratestate 23.5%
7.25%Median ratestate 6.75%
$165,000Median loanstate $155,000
$192MVolume41 counties

Traditional Bank in Kentucky vs the state

10.1%Denial rate-8.72 pts vs state
10.8%Decision denial rate-12.72 pts vs state
83.0%Origination rate+25.00 pts vs state
7.25%Median rate+0.50 pts vs state
0.26Rate spread (pts)-0.05 pts vs state
$95kMedian applicant income
749Loans originated
91Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239027487.7%7.50%#43
20248947387.6%8.00%#47
202590274910.1%7.25%#46

What Traditional Bank lends in Kentucky

By loan purpose

Home purchase 426 47% · 7.0% denied
Refinance 255 28% · 9.4% denied
Home improvement 118 13% · 14.4% denied
Other / HELOC 103 11% · 19.4% denied

By loan type

Conventional 834 92% · 10.0% denied
FHA 54 6% · 13.0% denied
VA 4 0% · 0.0% denied
USDA / RHS 10 1% · 10.0% denied

Why it denied Kentucky applicants

Debt-to-income ratio 36 40%
Credit history 27 30%
Other 11 12%
Collateral 9 10%
Insufficient cash 3 3%
Unverifiable information 3 3%
Incomplete application 2 2%

Where in Kentucky

Counties with the most Traditional Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fayette County 1561418 5.1%
Montgomery County 13110914 10.7%
Clark County 99858 8.1%
Jefferson County 80656 7.5%
Shelby County 77639 11.7%
Bourbon County 715614 19.7%
Franklin County 65519 13.8%
Menifee County 44356 13.6%
Jessamine County 23182 8.7%
Madison County 16121 6.3%

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: 902 applications in 2025, of which 749 were originated and 91 denied.

10.1% of all applications, or 10.8% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Traditional Bank originated in Kentucky in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Traditional 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