Gallatin County, Kentucky · 2025

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

83 lenders acted on 438 mortgage applications for properties in Gallatin County in 2025. 28.8% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $135,000; median property value $245,000.

438Applications
28.8%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$135,000Median loan
$245,000Median property value

Largest lenders in Gallatin County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 332 54.6%12.76%
2 Vanderbilt Mortgage and Finance F 336 42.4%10.12%
3 German American Bank A 3216 28.1%7.00%
4 Truist Bank C 2312 26.1%6.49%
5 Stockton Mortgage D 199 5.3%6.75%
6 U.S. Bank D 169 31.3%6.38%
7 Park Lane Finance Solutions F 162 31.3%12.02%
8 Rocket Mortgage C 1614 6.3%6.69%
9 Crosscountry Mortgage B 157 13.3%6.25%
10 Tammac Holdings D 130 76.9%
11 Zippy Loans D 121 50.0%9.30%
12 Fifth Third Bank D 118 18.2%7.75%
13 Freedom Mortgage B 103 10.0%6.75%
14 The Huntington National Bank D 85 25.0%6.88%
15 First National Bank of Kentucky 85 25.0%
16 Union Home Mortgage B 76 0.0%6.50%
17 Newrez D 70 42.9%
18 Discover Bank F 60 66.7%
19 Pennymac Loan Services C 62 33.3%7.38%
20 AmeriSave Mortgage D 60 100.0%
21 NFM A 64 0.0%6.94%
22 Broker Solutions D 61 0.0%7.13%
23 Guaranteed Rate B 55 0.0%6.88%
24 Carrington Mortgage Services D 53 40.0%6.50%
25 Mutual of Omaha Mortgage C 54 20.0%6.06%

What Gallatin County borrowers applied for

By loan purpose

Home purchase 224 51% · 28.1% denied
Refinance 43 10% · 16.3% denied
Cash-out refinance 89 20% · 28.1% denied
Home improvement 28 6% · 35.7% denied
Other / HELOC 54 12% · 38.9% denied

By loan type

Conventional 317 72% · 34.7% denied
FHA 94 21% · 11.7% denied
VA 21 5% · 19.1% denied
USDA / RHS 6 1% · 16.7% denied

Why applications were denied

Credit history 52 42%
Debt-to-income ratio 28 22%
Collateral 15 12%
Incomplete application 9 7%
Other 7 6%
Unverifiable information 7 6%
Employment history 4 3%
Insufficient cash 3 2%

Gallatin County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202340217526.9%7.00%$105,000
202437918725.3%6.99%$125,000
202543818728.8%6.75%$135,000

Frequently asked questions

28.8% of applications in Gallatin County were denied in 2025, against 18.8% statewide in Kentucky.

21st Mortgage, with 33 applications in 2025 and a denial rate of 54.6%.

The median mortgage application in Gallatin County in 2025 was for $135,000; the median property value on originated loans was $245,000.