Knox County, Kentucky · 2025

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

93 lenders acted on 867 mortgage applications for properties in Knox County in 2025. 34.8% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $125,000; median property value $195,000.

867Applications
34.8%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$125,000Median loan
$195,000Median property value

Largest lenders in Knox County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 22126 46.2%9.99%
2 21st Mortgage F 597 47.5%10.43%
3 L & N Federal Credit Union A 4735 4.3%7.00%
4 Community Trust Bank B 4534 13.3%6.75%
5 Credit Human Federal Credit Union D 400 97.5%
6 Commercial Bank B 3024 10.0%6.50%
7 Rocket Mortgage C 2820 25.0%6.69%
8 FirstBank C 273 63.0%8.29%
9 Mortgage Research Center C 257 36.0%5.99%
10 Triad Financial Services D 231 69.6%8.27%
11 PNC Bank D 227 31.8%7.65%
12 Forcht Bank D 164 31.3%6.00%
13 United Shore Financial Services B 168 18.8%6.37%
14 Pennymac Loan Services C 153 26.7%7.25%
15 Freedom Mortgage B 157 6.7%6.25%
16 Magnolia Bank C 1010 0.0%6.31%
17 Pike Creek Mortgage Services B 97 22.2%6.13%
18 T2 Financial B 97 0.0%6.00%
19 AmeriSave Mortgage D 80 100.0%
20 Polaris Home Funding C 85 12.5%6.75%
21 Southwest Stage Funding F 81 0.0%7.75%
22 Tammac Holdings D 70 71.4%
23 Broker Solutions D 72 14.3%5.06%
24 Whitaker Bank B 75 28.6%6.38%
25 Loandepot.Com D 76 14.3%7.88%

Best approval odds in Knox County

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

#LenderDecidedDecision denial rate
1Vanderbilt Mortgage and Finance13476.1%

What Knox County borrowers applied for

By loan purpose

Home purchase 592 68% · 39.7% denied
Refinance 80 9% · 17.5% denied
Cash-out refinance 105 12% · 30.5% denied
Home improvement 33 4% · 24.2% denied
Other / HELOC 57 7% · 22.8% denied

By loan type

Conventional 674 78% · 38.9% denied
FHA 113 13% · 21.2% denied
VA 52 6% · 23.1% denied
USDA / RHS 28 3% · 14.3% denied

Why applications were denied

Credit history 159 53%
Debt-to-income ratio 51 17%
Unverifiable information 38 13%
Incomplete application 22 7%
Collateral 15 5%
Other 14 5%
Insufficient cash 2 1%

Knox County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202389630239.3%7.50%$95,000
202498430543.7%7.25%$105,000
202586731334.8%6.75%$125,000

Frequently asked questions

34.8% of applications in Knox County were denied in 2025, against 18.8% statewide in Kentucky.

Vanderbilt Mortgage and Finance, with 221 applications in 2025 and a denial rate of 46.2%.

The median mortgage application in Knox County in 2025 was for $125,000; the median property value on originated loans was $195,000.