Largest lenders in Nicholas County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | City National Bank of West Virginia | C | 36 | 15 | 47.2% | 6.10% |
| 2 | Vanderbilt Mortgage and Finance | F | 33 | 2 | 36.4% | 10.00% |
| 3 | Commonwealth | C | 18 | 6 | 38.9% | 7.13% |
| 4 | 21st Mortgage | F | 17 | 0 | 52.9% | — |
| 5 | Rocket Mortgage | C | 12 | 5 | 50.0% | 6.13% |
| 6 | Fifth Third Bank | D | 11 | 6 | 36.4% | 7.43% |
| 7 | Traditional Bank | B | 11 | 8 | 9.1% | 7.06% |
| 8 | Stock Yards Bank & Trust | B | 10 | 8 | 10.0% | 6.63% |
| 9 | University of Kentucky | B | 8 | 5 | 25.0% | 8.24% |
| 10 | Community Trust Bank | B | 8 | 4 | 25.0% | 6.31% |
| 11 | Whitaker Bank | B | 7 | 5 | 0.0% | 6.63% |
| 12 | Ark-La-Tex Financial Services, LLC. | A | 7 | 6 | 0.0% | 6.31% |
| 13 | Credit Human Federal Credit Union | D | 6 | 0 | 83.3% | — |
| 14 | FirstBank | C | 6 | 1 | 66.7% | 8.01% |
| 15 | Pennymac Loan Services | C | 5 | 3 | 0.0% | 9.88% |
| 16 | T2 Financial | B | 5 | 3 | 20.0% | 6.38% |
What Nicholas County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Nicholas County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 221 | 108 | 30.8% | 7.00% | $105,000 |
| 2024 | 255 | 125 | 28.2% | 6.99% | $125,000 |
| 2025 | 292 | 122 | 30.1% | 6.75% | $115,000 |
Frequently asked questions
30.1% of applications in Nicholas County were denied in 2025, against 18.8% statewide in Kentucky.
City National Bank of West Virginia, with 36 applications in 2025 and a denial rate of 47.2%.
The median mortgage application in Nicholas County in 2025 was for $115,000; the median property value on originated loans was $175,000.