Anderson County, Kentucky · 2025

Mortgage lenders in Anderson County, KY: denial rates and top lenders (2025)

155 lenders acted on 1,177 mortgage applications for properties in Anderson County in 2025. 17.5% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $175,000; median property value $285,000.

1.2kApplications
17.5%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$175,000Median loan
$285,000Median property value

Largest lenders in Anderson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Commonwealth C 213114 30.5%7.50%
2 Rocket Mortgage C 6848 14.7%6.50%
3 Stockton Mortgage D 6642 3.0%6.69%
4 WesBanco Bank B 4332 18.6%3.99%
5 Broker Solutions D 3415 8.8%6.49%
6 Mortgage Research Center C 3217 6.3%6.25%
7 Fifth Third Bank D 2913 24.1%7.25%
8 Vanderbilt Mortgage and Finance F 272 44.4%8.75%
9 First Financial Bank D 2315 30.4%6.63%
10 University of Kentucky B 2315 8.7%6.99%
11 United Shore Financial Services B 2318 4.4%6.59%
12 Guardian Savings Bank B 2217 9.1%6.63%
13 Community Trust Bank B 2214 18.2%7.38%
14 Inspire Home Loans B 1812 0.0%6.00%
15 Freedom Mortgage B 178 5.9%6.25%
16 Republic Bank & Trust B 155 13.3%6.75%
17 Ark-La-Tex Financial Services, LLC. A 1512 0.0%6.25%
18 Navy Federal Credit Union D 138 7.7%7.20%
19 Republic State Mortgage A 138 7.7%6.44%
20 21st Mortgage F 113 45.5%9.13%
21 Independence Bank of Kentucky B 119 9.1%6.90%
22 New Day Financial F 102 10.0%6.87%
23 Nationstar Mortgage C 108 10.0%7.18%
24 City National Bank of West Virginia C 106 30.0%6.27%
25 Traditional Bank B 109 0.0%6.75%

Best approval odds in Anderson County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Rocket Mortgage6016.7%
2Commonwealth18135.9%

What Anderson County borrowers applied for

By loan purpose

Home purchase 495 42% · 10.9% denied
Refinance 157 13% · 15.3% denied
Cash-out refinance 199 17% · 17.6% denied
Home improvement 140 12% · 23.6% denied
Other / HELOC 186 16% · 32.3% denied

By loan type

Conventional 839 71% · 21.3% denied
FHA 201 17% · 7.5% denied
VA 105 9% · 6.7% denied
USDA / RHS 32 3% · 15.6% denied

Why applications were denied

Debt-to-income ratio 70 34%
Credit history 53 26%
Incomplete application 29 14%
Other 17 8%
Collateral 17 8%
Unverifiable information 13 6%
Insufficient cash 3 1%
Employment history 2 1%

Anderson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202391655018.3%6.99%$145,000
202499458820.3%6.99%$155,000
20251,17768617.5%6.75%$175,000

Frequently asked questions

17.5% of applications in Anderson County were denied in 2025, against 18.8% statewide in Kentucky.

Commonwealth, with 213 applications in 2025 and a denial rate of 30.5%.

The median mortgage application in Anderson County in 2025 was for $175,000; the median property value on originated loans was $285,000.