Largest lenders in Clay County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | F | 126 | 17 | 46.8% | 9.99% |
| 2 | 21st Mortgage | F | 66 | 5 | 56.1% | 11.44% |
| 3 | PNC Bank | D | 33 | 11 | 39.4% | 7.40% |
| 4 | Credit Human Federal Credit Union | D | 28 | 0 | 96.4% | — |
| 5 | Rocket Mortgage | C | 17 | 6 | 41.2% | 6.25% |
| 6 | FirstBank | C | 15 | 0 | 66.7% | — |
| 7 | Triad Financial Services | D | 14 | 0 | 78.6% | — |
| 8 | Community Trust Bank | B | 13 | 12 | 0.0% | 6.31% |
| 9 | L & N Federal Credit Union | A | 12 | 7 | 0.0% | 7.00% |
| 10 | United Shore Financial Services | B | 9 | 4 | 55.6% | 5.63% |
| 11 | Tammac Holdings | D | 9 | 0 | 100.0% | — |
| 12 | Mortgage Research Center | C | 9 | 4 | 0.0% | 6.75% |
| 13 | AmeriSave Mortgage | D | 8 | 2 | 62.5% | 11.50% |
| 14 | U.S. Bank | D | 7 | 4 | 14.3% | 4.88% |
| 15 | Broker Solutions | D | 7 | 3 | 28.6% | 6.00% |
| 16 | Ark-La-Tex Financial Services, LLC. | A | 7 | 3 | 14.3% | 6.63% |
| 17 | Magnolia Bank | C | 6 | 5 | 0.0% | 6.50% |
| 18 | Polaris Home Funding | C | 6 | 5 | 16.7% | 6.75% |
| 19 | Mutual of Omaha Mortgage | C | 5 | 1 | 40.0% | 7.25% |
| 20 | Southwest Stage Funding | F | 5 | 0 | 0.0% | — |
| 21 | Coastal Community Bank | C | 5 | 0 | 0.0% | — |
Best approval odds in Clay County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | 78 | 75.6% |
What Clay County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Clay County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 483 | 106 | 46.6% | 7.63% | $105,000 |
| 2024 | 467 | 107 | 49.0% | 7.69% | $95,000 |
| 2025 | 491 | 130 | 43.0% | 6.88% | $115,000 |
Frequently asked questions
43.0% of applications in Clay County were denied in 2025, against 18.8% statewide in Kentucky.
Vanderbilt Mortgage and Finance, with 126 applications in 2025 and a denial rate of 46.8%.
The median mortgage application in Clay County in 2025 was for $115,000; the median property value on originated loans was $185,000.