Muhlenberg County, Kentucky · 2025

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

121 lenders acted on 1,000 mortgage applications for properties in Muhlenberg County in 2025. 20.9% were denied (Kentucky: 18.8%). Median rate on closed loans 6.75%; median loan $115,000; median property value $175,000.

1.0kApplications
20.9%Denial ratestate 18.8%
6.75%Median ratestate 6.75%
$115,000Median loan
$175,000Median property value

Largest lenders in Muhlenberg County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Southern National Bank B 9076 3.3%7.75%
2 Old National Bank B 7856 19.2%6.25%
3 Farmers Bank and Trust B 7656 17.1%
4 21st Mortgage F 625 46.8%9.87%
5 Rocket Mortgage C 5840 15.5%6.93%
6 Everett Financial C 5132 0.0%5.94%
7 First Kentucky Bank C 4138 4.9%
8 Vanderbilt Mortgage and Finance F 322 50.0%8.62%
9 Mortgage Research Center C 2715 7.4%6.63%
10 Liberty B 2721 11.1%6.63%
11 FirstBank C 231 47.8%8.84%
12 Pennymac Loan Services C 206 30.0%6.06%
13 Credit Human Federal Credit Union D 200 70.0%
14 AmeriSave Mortgage D 181 88.9%11.63%
15 Magnolia Bank C 1813 11.1%6.25%
16 United Shore Financial Services B 1713 0.0%6.00%
17 Broker Solutions D 172 5.9%8.40%
18 Freedom Mortgage B 168 0.0%6.00%
19 Stockton Mortgage D 149 7.1%6.38%
20 U.S. Bank D 134 46.2%5.50%
21 Newrez D 126 8.3%7.06%
22 Triad Financial Services D 121 58.3%12.15%
23 Fifth Third Bank D 113 36.4%8.50%
24 Carrington Mortgage Services D 111 54.6%5.75%
25 The Sacramento Deposit Bank 1111 0.0%

Best approval odds in Muhlenberg County

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

#LenderDecidedDecision denial rate
1First Southern National Bank793.8%
2Farmers Bank and Trust7417.6%
3Rocket Mortgage5117.7%
4Old National Bank7121.1%

What Muhlenberg County borrowers applied for

By loan purpose

Home purchase 538 54% · 20.8% denied
Refinance 169 17% · 11.2% denied
Cash-out refinance 125 13% · 31.2% denied
Home improvement 71 7% · 14.1% denied
Other / HELOC 97 10% · 29.9% denied

By loan type

Conventional 713 71% · 23.3% denied
FHA 179 18% · 16.8% denied
VA 82 8% · 11.0% denied
USDA / RHS 26 3% · 15.4% denied

Why applications were denied

Credit history 87 45%
Collateral 30 16%
Debt-to-income ratio 29 15%
Incomplete application 26 13%
Other 7 4%
Unverifiable information 6 3%
Insufficient cash 5 3%
Employment history 3 2%

Muhlenberg County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202376342323.5%7.00%$95,000
202488046225.0%6.95%$105,000
20251,00053120.9%6.75%$115,000

Frequently asked questions

20.9% of applications in Muhlenberg County were denied in 2025, against 18.8% statewide in Kentucky.

First Southern National Bank, with 90 applications in 2025 and a denial rate of 3.3%.

The median mortgage application in Muhlenberg County in 2025 was for $115,000; the median property value on originated loans was $175,000.