Henderson County, Kentucky · 2025

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

132 lenders acted on 1,597 mortgage applications for properties in Henderson County in 2025. 18.2% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $125,000; median property value $225,000.

1.6kApplications
18.2%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$125,000Median loan
$225,000Median property value

Largest lenders in Henderson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Liberty B 231185 8.2%6.63%
2 Independence Bank of Kentucky B 190123 18.4%7.10%
3 Fifth Third Bank D 15685 26.9%8.00%
4 Field & Main Bank B 132101 10.6%
5 Old National Bank B 7047 15.7%6.38%
6 Rocket Mortgage C 6848 20.6%6.50%
7 Heritage Federal Credit Union D 4934 20.4%7.81%
8 Farmers Bank and Trust B 3525 20.0%
9 Fbc Mortgage B 3429 0.0%4.99%
10 Mortgage Research Center C 3012 23.3%6.06%
11 Freedom Mortgage B 2718 3.7%6.25%
12 Triad Financial Services D 267 53.9%10.70%
13 Mortgage Masters of Indiana B 2624 3.9%6.50%
14 German American Bank A 2514 24.0%6.81%
15 Pennymac Loan Services C 2310 4.4%6.06%
16 Ruoff Mortgage Company A 2316 4.4%6.56%
17 Churchill Mortgage B 2214 0.0%6.19%
18 Vanderbilt Mortgage and Finance F 222 31.8%11.25%
19 AmeriSave Mortgage D 208 55.0%6.25%
20 Union Home Mortgage B 1910 26.3%6.69%
21 21st Mortgage F 182 50.0%11.50%
22 FirstBank C 162 75.0%10.17%
23 United Shore Financial Services B 169 25.0%5.63%
24 Luminate Bank B 1511 0.0%6.75%
25 Broker Solutions D 135 7.7%6.38%

Best approval odds in Henderson County

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

#LenderDecidedDecision denial rate
1Liberty2069.2%
2Field & Main Bank11712.0%
3Old National Bank5918.6%
4Independence Bank of Kentucky16721.0%
5Rocket Mortgage6222.6%
6Fifth Third Bank12733.1%

What Henderson County borrowers applied for

By loan purpose

Home purchase 721 45% · 13.0% denied
Refinance 291 18% · 16.2% denied
Cash-out refinance 260 16% · 23.1% denied
Home improvement 153 10% · 23.5% denied
Other / HELOC 172 11% · 30.8% denied

By loan type

Conventional 1,195 75% · 19.3% denied
FHA 312 20% · 14.1% denied
VA 76 5% · 18.4% denied
USDA / RHS 14 1% · 14.3% denied

Why applications were denied

Credit history 111 41%
Debt-to-income ratio 63 23%
Collateral 38 14%
Incomplete application 21 8%
Other 14 5%
Unverifiable information 13 5%
Insufficient cash 6 2%
Employment history 3 1%

Henderson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,28078522.3%7.10%$105,000
20241,35785218.9%7.00%$115,000
20251,59798318.2%6.75%$125,000

Frequently asked questions

18.2% of applications in Henderson County were denied in 2025, against 18.8% statewide in Kentucky.

Liberty, with 231 applications in 2025 and a denial rate of 8.2%.

The median mortgage application in Henderson County in 2025 was for $125,000; the median property value on originated loans was $225,000.