Carroll County, Kentucky · 2025

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

96 lenders acted on 415 mortgage applications for properties in Carroll County in 2025. 25.5% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $125,000; median property value $215,000.

415Applications
25.5%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$125,000Median loan
$215,000Median property value

Largest lenders in Carroll County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 304 60.0%11.38%
2 The Farmers Bank of Milton C 2822 10.7%
3 First National Bank of Kentucky 2522 4.0%
4 U.S. Bank D 2414 33.3%8.53%
5 Rocket Mortgage C 2317 17.4%6.88%
6 Tammac Holdings D 221 86.4%8.65%
7 Park Lane Finance Solutions F 182 44.4%11.79%
8 Stockton Mortgage D 1511 0.0%6.75%
9 Primary Residential Mortgage C 148 14.3%6.19%
10 New Day Financial F 125 8.3%6.88%
11 Freedom Mortgage B 116 9.1%6.19%
12 Broker Solutions D 93 0.0%7.50%
13 United Shore Financial Services B 85 25.0%7.00%
14 German American Bank A 86 25.0%7.45%
15 Vanderbilt Mortgage and Finance F 82 25.0%6.94%
16 Lakeview Loan Servicing C 72 71.4%7.56%
17 Commonwealth C 72 57.1%9.00%
18 Bedford Loan & Deposit Bank 64 0.0%
19 Kind Lending C 54 20.0%7.19%
20 United Citizens Bank & Trust 54 0.0%
21 Prosperity Home Mortgage A 55 0.0%5.88%

What Carroll County borrowers applied for

By loan purpose

Home purchase 222 53% · 29.7% denied
Refinance 70 17% · 12.9% denied
Cash-out refinance 57 14% · 21.1% denied
Home improvement 35 8% · 25.7% denied
Other / HELOC 31 7% · 32.3% denied

By loan type

Conventional 288 69% · 30.9% denied
FHA 87 21% · 13.8% denied
VA 29 7% · 10.3% denied
USDA / RHS 11 3% · 18.2% denied

Why applications were denied

Credit history 45 44%
Debt-to-income ratio 25 24%
Collateral 11 11%
Incomplete application 10 10%
Other 5 5%
Insufficient cash 4 4%
Unverifiable information 2 2%
Employment history 1 1%

Carroll County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202335018118.3%6.75%$105,000
202434616723.7%6.88%$115,000
202541521725.5%6.75%$125,000

Frequently asked questions

25.5% of applications in Carroll County were denied in 2025, against 18.8% statewide in Kentucky.

21st Mortgage, with 30 applications in 2025 and a denial rate of 60.0%.

The median mortgage application in Carroll County in 2025 was for $125,000; the median property value on originated loans was $215,000.