Fayette County, Kentucky · 2025

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

374 lenders acted on 10,985 mortgage applications for properties in Fayette County in 2025. 13.7% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $205,000; median property value $345,000.

11kApplications
13.7%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$205,000Median loan
$345,000Median property value

Largest lenders in Fayette County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 University of Kentucky B 1,481863 19.9%7.00%
2 Fifth Third Bank D 502275 25.1%7.50%
3 Rocket Mortgage C 461360 14.1%6.75%
4 Commonwealth C 445296 18.4%7.25%
5 Central Bank & Trust B 400328 8.0%7.00%
6 Ark-La-Tex Financial Services, LLC. A 394290 1.8%6.62%
7 Guardian Savings Bank B 367305 5.7%6.50%
8 United Shore Financial Services B 312237 8.7%6.13%
9 Republic Bank & Trust B 299207 6.0%6.38%
10 Stockton Mortgage D 270198 4.4%6.50%
11 U.S. Bank D 256119 30.9%6.99%
12 JPMorgan Chase Bank B 253187 4.4%6.63%
13 PNC Bank D 206112 28.6%7.44%
14 Stock Yards Bank & Trust B 204152 9.3%6.50%
15 Bank of Lexington B 186143 3.2%
16 Broker Solutions D 16791 7.2%6.63%
17 Luminate Bank B 166119 0.6%6.63%
18 Traditional Bank B 156141 5.1%7.50%
19 Freedom Mortgage B 15172 6.6%6.25%
20 Pennymac Loan Services C 13857 9.4%6.25%
21 Community Trust Bank B 136103 15.4%7.13%
22 Truist Bank C 12363 32.5%6.34%
23 City National Bank of West Virginia C 11280 17.9%6.35%
24 WesBanco Bank B 10871 15.7%6.25%
25 Mortgage Research Center C 10752 24.3%6.50%

Best approval odds in Fayette County

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

What Fayette County borrowers applied for

By loan purpose

Home purchase 4,468 41% · 5.8% denied
Refinance 2,215 20% · 12.7% denied
Cash-out refinance 1,530 14% · 17.7% denied
Home improvement 1,395 13% · 23.8% denied
Other / HELOC 1,377 13% · 26.4% denied

By loan type

Conventional 9,304 85% · 13.7% denied
FHA 1,168 11% · 14.0% denied
VA 510 5% · 13.1% denied
USDA / RHS 3 0% · 33.3% denied

Why applications were denied

Debt-to-income ratio 558 37%
Credit history 413 28%
Incomplete application 176 12%
Collateral 159 11%
Other 107 7%
Unverifiable information 41 3%
Insufficient cash 20 1%
Employment history 19 1%

Fayette County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20239,0635,94615.0%6.99%$165,000
20249,6276,28715.2%6.99%$195,000
202510,9857,01313.7%6.75%$205,000

Frequently asked questions

13.7% of applications in Fayette County were denied in 2025, against 18.8% statewide in Kentucky.

University of Kentucky, with 1,481 applications in 2025 and a denial rate of 19.9%.

The median mortgage application in Fayette County in 2025 was for $205,000; the median property value on originated loans was $345,000.