Nelson County, Kentucky · 2025

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

179 lenders acted on 2,030 mortgage applications for properties in Nelson County in 2025. 13.6% were denied (Kentucky: 18.8%). Median rate on closed loans 6.63%; median loan $185,000; median property value $285,000.

2.0kApplications
13.6%Denial ratestate 18.8%
6.63%Median ratestate 6.75%
$185,000Median loan
$285,000Median property value

Largest lenders in Nelson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Abound Federal Credit Union C 151102 11.9%7.00%
2 Rocket Mortgage C 146109 11.6%6.50%
3 United Shore Financial Services B 9881 7.1%6.25%
4 PNC Bank D 8362 15.7%7.44%
5 The Lincoln National Bank of Hodgenville B 8172 3.7%
6 Town & Country Bank and Trust A 7566 2.7%
7 Wilson & Muir Bank & Trust A 6156 1.6%
8 Mortgage Research Center C 5530 12.7%6.25%
9 Pennymac Loan Services C 4520 8.9%7.25%
10 Fairway Independent Mortgage B 4428 0.0%6.63%
11 Vanderbilt Mortgage and Finance F 438 46.5%9.50%
12 WesBanco Bank B 4123 24.4%5.50%
13 Freedom Mortgage B 4121 17.1%6.25%
14 Stock Yards Bank & Trust B 4021 35.0%6.50%
15 Northpointe Bank C 3727 5.4%6.49%
16 Magnolia Bank C 3527 5.7%6.49%
17 L & N Federal Credit Union A 3430 0.0%7.19%
18 Union Home Mortgage B 3123 9.7%6.50%
19 Stockton Mortgage D 3016 13.3%6.75%
20 Broker Solutions D 2813 3.6%6.63%
21 U.S. Bank D 2714 25.9%7.55%
22 Fifth Third Bank D 2510 44.0%7.87%
23 AmeriSave Mortgage D 2510 52.0%7.38%
24 Coastal Community Bank C 237 0.0%12.99%
25 South Central Bank B 2113 14.3%6.75%

Best approval odds in Nelson County

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

What Nelson County borrowers applied for

By loan purpose

Home purchase 918 45% · 7.1% denied
Refinance 343 17% · 12.8% denied
Cash-out refinance 355 17% · 23.1% denied
Home improvement 170 8% · 23.5% denied
Other / HELOC 244 12% · 18.0% denied

By loan type

Conventional 1,424 70% · 13.8% denied
FHA 340 17% · 13.8% denied
VA 207 10% · 12.1% denied
USDA / RHS 59 3% · 11.9% denied

Why applications were denied

Credit history 95 35%
Debt-to-income ratio 54 20%
Collateral 41 15%
Incomplete application 35 13%
Other 17 6%
Unverifiable information 16 6%
Employment history 6 2%
Insufficient cash 6 2%

Nelson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,63499717.4%6.88%$165,000
20241,8741,19716.0%6.75%$185,000
20252,0301,30613.6%6.63%$185,000

Frequently asked questions

13.6% of applications in Nelson County were denied in 2025, against 18.8% statewide in Kentucky.

Abound Federal Credit Union, with 151 applications in 2025 and a denial rate of 11.9%.

The median mortgage application in Nelson County in 2025 was for $185,000; the median property value on originated loans was $285,000.