McLean County, Kentucky · 2025

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

59 lenders acted on 285 mortgage applications for properties in McLean County in 2025. 22.5% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $105,000; median property value $215,000.

285Applications
22.5%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$105,000Median loan
$215,000Median property value

Largest lenders in McLean County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Liberty B 3829 5.3%6.63%
2 The Sacramento Deposit Bank 2624 3.9%
3 Independence Bank of Kentucky B 2616 19.2%6.98%
4 Rocket Mortgage C 1612 18.8%6.44%
5 21st Mortgage F 152 40.0%10.19%
6 U.S. Bank D 135 38.5%6.75%
7 Farmers Bank and Trust B 127 25.0%
8 United Shore Financial Services B 119 0.0%6.12%
9 Mortgage Research Center C 94 22.2%6.75%
10 Pennymac Loan Services C 81 25.0%6.63%
11 Credit Human Federal Credit Union D 71 71.4%7.80%
12 FirstBank C 72 57.1%8.29%
13 Old National Bank B 73 14.3%5.85%
14 Vanderbilt Mortgage and Finance F 72 42.9%10.25%
15 Truist Bank C 61 33.3%5.69%
16 Newrez D 51 40.0%7.75%
17 Southwest Stage Funding F 51 20.0%8.20%
18 Heritage Federal Credit Union D 54 20.0%7.00%

What McLean County borrowers applied for

By loan purpose

Home purchase 148 52% · 19.6% denied
Refinance 44 15% · 4.6% denied
Cash-out refinance 35 12% · 31.4% denied
Home improvement 32 11% · 37.5% denied
Other / HELOC 26 9% · 38.5% denied

By loan type

Conventional 214 75% · 23.8% denied
FHA 48 17% · 18.8% denied
VA 19 7% · 15.8% denied
USDA / RHS 4 1% · 25.0% denied

Why applications were denied

Credit history 23 38%
Debt-to-income ratio 14 23%
Collateral 9 15%
Incomplete application 5 8%
Other 4 7%
Unverifiable information 3 5%
Employment history 1 2%
Insufficient cash 1 2%

McLean County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202326715019.5%7.00%$105,000
202426715721.4%7.25%$105,000
202528515622.5%6.75%$105,000

Frequently asked questions

22.5% of applications in McLean County were denied in 2025, against 18.8% statewide in Kentucky.

Liberty, with 38 applications in 2025 and a denial rate of 5.3%.

The median mortgage application in McLean County in 2025 was for $105,000; the median property value on originated loans was $215,000.