Powell County, Kentucky · 2025

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

94 lenders acted on 528 mortgage applications for properties in Powell County in 2025. 23.5% were denied (Kentucky: 18.8%). Median rate on closed loans 6.63%; median loan $135,000; median property value $205,000.

528Applications
23.5%Denial ratestate 18.8%
6.63%Median ratestate 6.75%
$135,000Median loan
$205,000Median property value

Largest lenders in Powell County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 7814 48.7%9.88%
2 Whitaker Bank B 4131 9.8%6.25%
3 Peoples Exchange Bank C 3120 12.9%7.15%
4 Rocket Mortgage C 2519 24.0%7.13%
5 Broker Solutions D 248 16.7%6.00%
6 21st Mortgage F 235 34.8%10.40%
7 Community Trust Bank B 2119 4.8%6.13%
8 Union Home Mortgage B 1811 16.7%6.75%
9 Luminate Bank B 1712 0.0%6.38%
10 Credit Human Federal Credit Union D 121 83.3%7.90%
11 Mortgage Research Center C 124 0.0%6.63%
12 Traditional Bank B 1210 16.7%7.00%
13 Republic State Mortgage A 1211 8.3%6.38%
14 United Shore Financial Services B 117 9.1%7.13%
15 University of Kentucky B 104 40.0%8.00%
16 Freedom Mortgage B 82 12.5%6.13%
17 AmeriSave Mortgage D 71 71.4%9.63%
18 Commonwealth C 74 28.6%8.25%
19 Kiavi Funding D 70 0.0%
20 U.S. Bank D 63 33.3%6.50%
21 FirstBank C 60 66.7%
22 Ark-La-Tex Financial Services, LLC. A 65 0.0%6.00%
23 Pennymac Loan Services C 53 0.0%6.49%
24 Newrez D 52 40.0%6.88%

Best approval odds in Powell County

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

#LenderDecidedDecision denial rate
1Vanderbilt Mortgage and Finance5273.1%

What Powell County borrowers applied for

By loan purpose

Home purchase 310 59% · 25.2% denied
Refinance 86 16% · 11.6% denied
Cash-out refinance 73 14% · 26.0% denied
Home improvement 26 5% · 26.9% denied
Other / HELOC 33 6% · 30.3% denied

By loan type

Conventional 375 71% · 27.7% denied
FHA 89 17% · 19.1% denied
VA 50 9% · 4.0% denied
USDA / RHS 14 3% · 7.1% denied

Why applications were denied

Credit history 62 50%
Debt-to-income ratio 24 20%
Collateral 15 12%
Unverifiable information 12 10%
Other 5 4%
Incomplete application 5 4%

Powell County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202348420325.8%6.81%$125,000
202447920128.4%6.88%$125,000
202552826523.5%6.63%$135,000

Frequently asked questions

23.5% of applications in Powell County were denied in 2025, against 18.8% statewide in Kentucky.

Vanderbilt Mortgage and Finance, with 78 applications in 2025 and a denial rate of 48.7%.

The median mortgage application in Powell County in 2025 was for $135,000; the median property value on originated loans was $205,000.