Martin County, Kentucky · 2025

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

43 lenders acted on 261 mortgage applications for properties in Martin County in 2025. 47.9% were denied (Kentucky: 18.8%). Median rate on closed loans 7.00%; median loan $95,000; median property value $165,000.

261Applications
47.9%Denial ratestate 18.8%
7.00%Median ratestate 6.75%
$95,000Median loan
$165,000Median property value

Largest lenders in Martin County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 736 46.6%10.87%
2 Credit Human Federal Credit Union D 340 100.0%
3 FirstBank C 161 87.5%10.54%
4 Truist Bank C 138 7.7%6.49%
5 Triad Financial Services D 120 75.0%
6 Rocket Mortgage C 117 36.4%7.25%
7 Stockton Mortgage D 108 20.0%6.88%
8 City National Bank of West Virginia C 104 40.0%2.99%
9 Mortgage Research Center C 105 10.0%6.63%
10 21st Mortgage F 90 77.8%
11 Peoples Bank C 72 71.4%8.87%
12 First State Bank B 74 42.9%9.00%
13 Community Trust Bank B 65 0.0%6.13%

What Martin County borrowers applied for

By loan purpose

Home purchase 188 72% · 54.3% denied
Refinance 10 4% · 10.0% denied
Cash-out refinance 20 8% · 20.0% denied
Home improvement 24 9% · 54.2% denied
Other / HELOC 19 7% · 26.3% denied

By loan type

Conventional 219 84% · 54.3% denied
FHA 23 9% · 21.7% denied
VA 15 6% · 6.7% denied
USDA / RHS 4 2% · 0.0% denied

Why applications were denied

Credit history 73 58%
Debt-to-income ratio 28 22%
Unverifiable information 6 5%
Incomplete application 6 5%
Collateral 6 5%
Other 3 2%
Insufficient cash 2 2%
Employment history 1 1%

Martin County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231995547.2%7.13%$95,000
20241896641.3%7.18%$95,000
20252616147.9%7.00%$95,000

Frequently asked questions

47.9% of applications in Martin County were denied in 2025, against 18.8% statewide in Kentucky.

Vanderbilt Mortgage and Finance, with 73 applications in 2025 and a denial rate of 46.6%.

The median mortgage application in Martin County in 2025 was for $95,000; the median property value on originated loans was $165,000.