Franklin County, Kentucky · 2025

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

195 lenders acted on 2,352 mortgage applications for properties in Franklin County in 2025. 17.4% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $165,000; median property value $265,000.

2.4kApplications
17.4%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$165,000Median loan
$265,000Median property value

Largest lenders in Franklin County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Commonwealth C 442282 17.7%7.25%
2 Stockton Mortgage D 14991 6.0%6.75%
3 Rocket Mortgage C 11988 15.1%6.75%
4 WesBanco Bank B 8242 32.9%3.99%
5 United Shore Financial Services B 7955 12.7%6.13%
6 Fifth Third Bank D 7442 27.0%6.87%
7 Traditional Bank B 6551 13.9%7.25%
8 City National Bank of West Virginia C 5134 25.5%6.32%
9 Vanderbilt Mortgage and Finance F 497 40.8%10.25%
10 Independence Bank of Kentucky B 4731 17.0%7.00%
11 Pennymac Loan Services C 4617 15.2%6.13%
12 Mortgage Research Center C 4620 26.1%6.25%
13 Community Trust Bank B 4430 18.2%7.19%
14 Ark-La-Tex Financial Services, LLC. A 4227 0.0%6.25%
15 University of Kentucky B 4121 22.0%7.25%
16 21st Mortgage F 326 46.9%9.07%
17 Broker Solutions D 2813 7.1%6.63%
18 Newrez D 2610 19.2%6.50%
19 Republic State Mortgage A 2615 3.9%6.63%
20 DAS Acquisition Company B 2519 0.0%6.63%
21 AmeriSave Mortgage D 246 62.5%7.69%
22 Whitaker Bank B 2417 4.2%6.75%
23 Freedom Mortgage B 239 13.0%6.25%
24 Guardian Savings Bank B 2318 8.7%6.38%
25 Republic Bank & Trust B 2011 5.0%6.13%

Best approval odds in Franklin County

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

#LenderDecidedDecision denial rate
1Stockton Mortgage1009.0%
2Traditional Bank6015.0%
3United Shore Financial Services6615.2%
4Rocket Mortgage11016.4%
5Commonwealth36521.4%
6Fifth Third Bank6232.3%
7WesBanco Bank7237.5%

What Franklin County borrowers applied for

By loan purpose

Home purchase 1,015 43% · 12.1% denied
Refinance 363 15% · 16.8% denied
Cash-out refinance 431 18% · 17.4% denied
Home improvement 275 12% · 24.7% denied
Other / HELOC 268 11% · 31.0% denied

By loan type

Conventional 1,740 74% · 18.5% denied
FHA 410 17% · 14.9% denied
VA 192 8% · 13.5% denied
USDA / RHS 10 0% · 10.0% denied

Why applications were denied

Credit history 132 32%
Debt-to-income ratio 111 27%
Incomplete application 53 13%
Collateral 51 13%
Other 30 7%
Unverifiable information 19 5%
Insufficient cash 8 2%
Employment history 3 1%

Franklin County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,7931,10516.6%7.00%$135,000
20241,9581,18416.7%7.00%$145,000
20252,3521,35317.4%6.75%$165,000

Frequently asked questions

17.4% of applications in Franklin County were denied in 2025, against 18.8% statewide in Kentucky.

Commonwealth, with 442 applications in 2025 and a denial rate of 17.7%.

The median mortgage application in Franklin County in 2025 was for $165,000; the median property value on originated loans was $265,000.