Boyd County, Kentucky · 2025

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

144 lenders acted on 1,725 mortgage applications for properties in Boyd County in 2025. 22.0% were denied (Kentucky: 18.8%). Median rate on closed loans 6.63%; median loan $125,000; median property value $185,000.

1.7kApplications
22.0%Denial ratestate 18.8%
6.63%Median ratestate 6.75%
$125,000Median loan
$185,000Median property value

Largest lenders in Boyd County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 City National Bank of West Virginia C 14492 22.2%6.29%
2 United Shore Financial Services B 129102 7.8%6.60%
3 Rocket Mortgage C 8659 22.1%6.88%
4 Vanderbilt Mortgage and Finance F 868 55.8%9.88%
5 Members Choice C 8559 10.6%
6 Kentucky Farmers Bank D 7846 12.8%
7 Desco C 6840 7.4%6.50%
8 Stockton Mortgage D 6441 7.8%6.75%
9 Community Trust Bank B 5852 8.6%7.25%
10 Peoples Bank C 5429 27.8%7.25%
11 Mortgage Research Center C 5422 20.4%6.25%
12 Equity Prime Mortgage D 5334 7.6%6.50%
13 Fifth Third Bank D 5027 32.0%7.75%
14 PNC Bank D 4922 36.7%7.33%
15 Movement Mortgage A 3619 2.8%6.75%
16 Pennymac Loan Services C 308 30.0%5.75%
17 U.S. Bank D 247 29.2%6.75%
18 ASHLAND Credit Union C 246 62.5%7.13%
19 Primelending, a Plainscapital A 2413 0.0%6.63%
20 Triad Financial Services D 231 47.8%12.00%
21 The Commercial Bank of Grayson A 2020 0.0%
22 First Grayson Bancorp D 2010 35.0%
23 Credit Human Federal Credit Union D 191 89.5%8.00%
24 Broker Solutions D 174 29.4%7.06%
25 AmeriSave Mortgage D 164 68.8%7.88%

Best approval odds in Boyd County

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

What Boyd County borrowers applied for

By loan purpose

Home purchase 920 53% · 17.5% denied
Refinance 265 15% · 15.9% denied
Cash-out refinance 261 15% · 27.2% denied
Home improvement 140 8% · 32.9% denied
Other / HELOC 139 8% · 42.5% denied

By loan type

Conventional 1,223 71% · 24.5% denied
FHA 302 18% · 17.6% denied
VA 149 9% · 14.1% denied
USDA / RHS 51 3% · 11.8% denied

Why applications were denied

Credit history 156 45%
Debt-to-income ratio 62 18%
Collateral 42 12%
Incomplete application 38 11%
Other 22 6%
Unverifiable information 18 5%
Insufficient cash 7 2%
Employment history 1 0%

Boyd County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,49583721.1%6.75%$95,000
20241,47778922.6%6.99%$105,000
20251,72591022.0%6.63%$125,000

Frequently asked questions

22.0% of applications in Boyd County were denied in 2025, against 18.8% statewide in Kentucky.

City National Bank of West Virginia, with 144 applications in 2025 and a denial rate of 22.2%.

The median mortgage application in Boyd County in 2025 was for $125,000; the median property value on originated loans was $185,000.