Largest lenders in Garrard County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Whitaker Bank | B | 71 | 58 | 11.3% | 6.25% |
| 2 | Vanderbilt Mortgage and Finance | F | 45 | 4 | 51.1% | 8.50% |
| 3 | Rocket Mortgage | C | 43 | 31 | 16.3% | 6.49% |
| 4 | United Shore Financial Services | B | 38 | 20 | 21.1% | 8.00% |
| 5 | Broker Solutions | D | 33 | 24 | 6.1% | 6.19% |
| 6 | University of Kentucky | B | 32 | 15 | 21.9% | 6.50% |
| 7 | Commonwealth | C | 30 | 20 | 13.3% | 7.50% |
| 8 | First Southern National Bank | B | 28 | 27 | 0.0% | 7.57% |
| 9 | Ark-La-Tex Financial Services, LLC. | A | 27 | 23 | 0.0% | 6.63% |
| 10 | T2 Financial | B | 21 | 20 | 0.0% | 6.31% |
| 11 | Mortgage Research Center | C | 21 | 11 | 14.3% | 6.13% |
| 12 | 21st Mortgage | F | 19 | 5 | 31.6% | 8.86% |
| 13 | Stock Yards Bank & Trust | B | 17 | 9 | 11.8% | 6.50% |
| 14 | Community Trust Bank | B | 16 | 12 | 12.5% | 6.00% |
| 15 | The Farmers Bank | A | 14 | 13 | 7.1% | — |
| 16 | Fifth Third Bank | D | 13 | 9 | 15.4% | 7.75% |
| 17 | PNC Bank | D | 13 | 6 | 30.8% | 7.85% |
| 18 | U.S. Bank | D | 13 | 9 | 30.8% | 6.50% |
| 19 | Freedom Mortgage | B | 13 | 7 | 0.0% | 6.25% |
| 20 | Pennymac Loan Services | C | 12 | 5 | 0.0% | 6.12% |
| 21 | Central Bank & Trust | B | 12 | 10 | 8.3% | 7.38% |
| 22 | Union Home Mortgage | B | 10 | 7 | 0.0% | 6.50% |
| 23 | JPMorgan Chase Bank | B | 9 | 6 | 11.1% | 6.44% |
| 24 | City National Bank of West Virginia | C | 9 | 4 | 44.4% | 6.50% |
| 25 | Newrez | D | 9 | 2 | 44.4% | 7.25% |
Best approval odds in Garrard County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Whitaker Bank | 66 | 12.1% |
What Garrard County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Garrard County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 651 | 384 | 19.8% | 6.75% | $135,000 |
| 2024 | 745 | 416 | 20.3% | 6.99% | $145,000 |
| 2025 | 843 | 497 | 18.2% | 6.63% | $165,000 |
Frequently asked questions
18.2% of applications in Garrard County were denied in 2025, against 18.8% statewide in Kentucky.
Whitaker Bank, with 71 applications in 2025 and a denial rate of 11.3%.
The median mortgage application in Garrard County in 2025 was for $165,000; the median property value on originated loans was $285,000.