Largest lenders in Letcher County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | F | 81 | 11 | 43.2% | 9.75% |
| 2 | Community Trust Bank | B | 72 | 47 | 25.0% | 6.13% |
| 3 | 21st Mortgage | F | 22 | 5 | 27.3% | 10.29% |
| 4 | Rocket Mortgage | C | 20 | 13 | 25.0% | 6.99% |
| 5 | Whitaker Bank | B | 15 | 11 | 13.3% | 6.13% |
| 6 | Credit Human Federal Credit Union | D | 13 | 0 | 100.0% | — |
| 7 | Stockton Mortgage | D | 10 | 6 | 10.0% | 6.56% |
| 8 | U.S. Bank | D | 9 | 5 | 22.2% | 6.49% |
| 9 | Triad Financial Services | D | 9 | 0 | 77.8% | — |
| 10 | FirstBank | C | 7 | 2 | 14.3% | 8.54% |
| 11 | Mortgage Research Center | C | 6 | 3 | 33.3% | 6.88% |
| 12 | Pennymac Loan Services | C | 5 | 1 | 20.0% | 5.50% |
| 13 | GoPrime Mortgage | B | 5 | 2 | 20.0% | 6.68% |
| 14 | Broker Solutions | D | 5 | 2 | 20.0% | 7.38% |
Best approval odds in Letcher County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Community Trust Bank | 65 | 27.7% |
What Letcher County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Letcher County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 460 | 148 | 38.7% | 7.25% | $85,000 |
| 2024 | 335 | 111 | 43.0% | 7.06% | $95,000 |
| 2025 | 341 | 134 | 33.1% | 6.63% | $95,000 |
Frequently asked questions
33.1% of applications in Letcher County were denied in 2025, against 18.8% statewide in Kentucky.
Vanderbilt Mortgage and Finance, with 81 applications in 2025 and a denial rate of 43.2%.
The median mortgage application in Letcher County in 2025 was for $95,000; the median property value on originated loans was $155,000.