U.S. Bank · Kentucky · 2025

U.S. Bank in Kentucky: approval rate, denial rate and rates (2025)

U.S. Bank took 4,887 mortgage applications in Kentucky in 2025, ranking #5 of 856 lenders active in the state. It originated 54.1% of them and denied 29.5% (34.8% of the applications it decided), against a statewide denial rate of 18.8%.

4.9kApplicationsin KY
34.8%Decision denial ratestate 23.5%
7.00%Median ratestate 6.75%
$105,000Median loanstate $155,000
$461MVolume114 counties

U.S. Bank in Kentucky vs the state

29.5%Denial rate+10.72 pts vs state
34.8%Decision denial rate+11.31 pts vs state
54.1%Origination rate-3.92 pts vs state
7.00%Median rate+0.25 pts vs state
0.70Rate spread (pts)+0.39 pts vs state
$80kMedian applicant income
2,645Loans originated
1,443Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,1712,10036.6%7.65%#4
20244,4372,34832.3%7.38%#4
20254,8872,64529.5%7.00%#5

What U.S. Bank lends in Kentucky

By loan purpose

Home purchase 1,922 39% · 11.3% denied
Refinance 194 4% · 9.3% denied
Cash-out refinance 527 11% · 15.6% denied
Home improvement 1,103 23% · 48.3% denied
Other / HELOC 1,141 23% · 52.0% denied

By loan type

Conventional 4,500 92% · 30.8% denied
FHA 333 7% · 15.3% denied
VA 36 1% · 5.6% denied
USDA / RHS 18 0% · 11.1% denied

Why it denied Kentucky applicants

Debt-to-income ratio 566 39%
Credit history 422 29%
Collateral 331 23%
Other 68 5%
Unverifiable information 39 3%
Incomplete application 9 1%
Insufficient cash 8 1%

Where in Kentucky

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 997602262 26.3%
Kenton County 411226118 28.7%
Boone County 28515291 31.9%
Warren County 25715068 26.5%
Fayette County 25611979 30.9%
Campbell County 22811669 30.3%
Daviess County 21613943 19.9%
Madison County 19511542 21.5%
McCracken County 1407538 27.1%
Graves County 1097526 23.9%

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%
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%
Stock Yards Bank & TrustB 3,04419.8%6.50%

Frequently asked questions

Kentucky: 4,887 applications in 2025, of which 2,645 were originated and 1,443 denied.

29.5% of all applications, or 34.8% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans U.S. Bank originated in Kentucky in 2025 was 7.00%, against a statewide median of 6.75%.

About this data. Figures are U.S. 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