Truist Bank · Kentucky · 2025

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

Truist Bank took 2,055 mortgage applications in Kentucky in 2025, ranking #20 of 856 lenders active in the state. It originated 49.9% of them and denied 33.3% (39.0% of the applications it decided), against a statewide denial rate of 18.8%.

2.1kApplicationsin KY
39.0%Decision denial ratestate 23.5%
6.60%Median ratestate 6.75%
$105,000Median loanstate $155,000
$175MVolume100 counties

Truist Bank in Kentucky vs the state

33.3%Denial rate+14.52 pts vs state
39.0%Decision denial rate+15.54 pts vs state
49.9%Origination rate-8.11 pts vs state
6.60%Median rate-0.15 pts vs state
0.11Rate spread (pts)-0.20 pts vs state
$76kMedian applicant income
1,026Loans originated
685Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,90890839.1%7.20%#18
20241,85585538.1%7.19%#20
20252,0551,02633.3%6.60%#20

What Truist Bank lends in Kentucky

By loan purpose

Home purchase 530 26% · 6.8% denied
Refinance 452 22% · 31.0% denied
Cash-out refinance 129 6% · 19.4% denied
Home improvement 381 19% · 55.9% denied
Other / HELOC 563 27% · 48.1% denied

By loan type

Conventional 1,946 95% · 34.4% denied
FHA 68 3% · 22.1% denied
VA 25 1% · 0.0% denied
USDA / RHS 16 1% · 6.3% denied

Why it denied Kentucky applicants

Incomplete application 248 36%
Debt-to-income ratio 176 26%
Credit history 167 24%
Collateral 46 7%
Other 36 5%
Unverifiable information 4 1%
Employment history 4 1%
Insufficient cash 4 1%

Where in Kentucky

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 538268194 36.1%
Kenton County 1597358 36.5%
Warren County 1246842 33.9%
Fayette County 1236340 32.5%
Boone County 1196142 35.3%
Daviess County 934720 21.5%
Campbell County 592827 45.8%
Bullitt County 522622 42.3%
Christian County 523115 28.8%
Barren County 411520 48.8%

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: 2,055 applications in 2025, of which 1,026 were originated and 685 denied.

33.3% of all applications, or 39.0% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Truist Bank originated in Kentucky in 2025 was 6.60%, against a statewide median of 6.75%.

About this data. Figures are Truist 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