Butler County, Kentucky · 2025

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

78 lenders acted on 393 mortgage applications for properties in Butler County in 2025. 16.0% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $145,000; median property value $225,000.

393Applications
16.0%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$145,000Median loan
$225,000Median property value

Largest lenders in Butler County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Morgantown Bank & Trust Company B 9078 3.3%6.95%
2 Union Home Mortgage B 2416 12.5%6.25%
3 Rocket Mortgage C 2318 13.0%6.63%
4 21st Mortgage F 212 28.6%10.15%
5 Vanderbilt Mortgage and Finance F 163 43.8%10.75%
6 Peoples Bank C 114 27.3%6.62%
7 Liberty B 1010 0.0%6.31%
8 Abound Federal Credit Union C 101 50.0%8.45%
9 Citizens Bank C 84 37.5%6.63%
10 Atlantic Bay Mortgage Group A 86 0.0%6.31%
11 Carrington Mortgage Services D 74 42.9%6.00%
12 Credit Human Federal Credit Union D 72 71.4%7.85%
13 Freedom Mortgage B 73 0.0%6.38%
14 United Shore Financial Services B 73 14.3%5.87%
15 Mortgage Research Center C 74 14.3%5.87%
16 Movement Mortgage A 76 0.0%6.19%
17 Pennymac Loan Services C 61 16.7%5.63%
18 Newrez D 63 0.0%6.75%
19 Everett Financial C 55 0.0%6.38%
20 FirstBank C 52 40.0%7.40%
21 First Southern National Bank B 54 20.0%7.59%
22 Farm Credit Mid-America D 53 0.0%6.88%

Best approval odds in Butler County

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

#LenderDecidedDecision denial rate
1Morgantown Bank & Trust Company903.3%

What Butler County borrowers applied for

By loan purpose

Home purchase 200 51% · 16.5% denied
Refinance 76 19% · 5.3% denied
Cash-out refinance 58 15% · 22.4% denied
Home improvement 27 7% · 25.9% denied
Other / HELOC 32 8% · 18.8% denied

By loan type

Conventional 285 73% · 16.8% denied
FHA 64 16% · 12.5% denied
VA 33 8% · 18.2% denied
USDA / RHS 11 3% · 9.1% denied

Why applications were denied

Credit history 28 45%
Collateral 10 16%
Debt-to-income ratio 9 15%
Other 6 10%
Incomplete application 4 6%
Unverifiable information 4 6%
Employment history 1 2%

Butler County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202331717419.2%7.25%$125,000
202434920820.3%7.25%$135,000
202539323416.0%6.75%$145,000

Frequently asked questions

16.0% of applications in Butler County were denied in 2025, against 18.8% statewide in Kentucky.

Morgantown Bank & Trust Company, with 90 applications in 2025 and a denial rate of 3.3%.

The median mortgage application in Butler County in 2025 was for $145,000; the median property value on originated loans was $225,000.