Rowan County, Kentucky · 2025

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

122 lenders acted on 706 mortgage applications for properties in Rowan County in 2025. 28.5% were denied (Kentucky: 18.8%). Median rate on closed loans 6.63%; median loan $135,000; median property value $235,000.

706Applications
28.5%Denial ratestate 18.8%
6.63%Median ratestate 6.75%
$135,000Median loan
$235,000Median property value

Largest lenders in Rowan County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 10513 49.5%11.25%
2 Stock Yards Bank & Trust B 5433 25.9%6.50%
3 21st Mortgage F 441 79.6%10.38%
4 U.S. Bank D 3623 27.8%8.10%
5 Whitaker Bank B 3425 11.8%6.56%
6 First Grayson Bancorp D 3423 23.5%
7 Rocket Mortgage C 3219 25.0%6.25%
8 United Shore Financial Services B 2418 4.2%6.61%
9 Mortgage Research Center C 113 27.3%6.75%
10 Navy Federal Credit Union D 119 0.0%6.13%
11 Ark-La-Tex Financial Services, LLC. A 1111 0.0%6.63%
12 AmeriSave Mortgage D 103 40.0%8.25%
13 Union Home Mortgage B 107 0.0%6.88%
14 Stockton Mortgage D 95 11.1%6.63%
15 Community Trust Bank B 97 11.1%5.88%
16 Everett Financial C 76 0.0%5.31%
17 University of Kentucky B 74 28.6%6.50%
18 Northpointe Bank C 71 57.1%6.25%
19 Freedom Mortgage B 73 14.3%6.25%
20 Broker Solutions D 70 0.0%
21 Commonwealth C 74 14.3%7.38%
22 Champions Funding F 61 66.7%6.25%
23 Coastal Community Bank C 63 0.0%11.24%
24 Figure Lending C 62 16.7%7.93%
25 Deephaven Mortgage D 54 20.0%8.31%

Best approval odds in Rowan County

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

#LenderDecidedDecision denial rate
1Vanderbilt Mortgage and Finance6777.6%

What Rowan County borrowers applied for

By loan purpose

Home purchase 404 57% · 28.5% denied
Refinance 76 11% · 21.1% denied
Cash-out refinance 101 14% · 27.7% denied
Home improvement 47 7% · 36.2% denied
Other / HELOC 78 11% · 32.1% denied

By loan type

Conventional 522 74% · 32.2% denied
FHA 122 17% · 18.9% denied
VA 54 8% · 16.7% denied
USDA / RHS 8 1% · 12.5% denied

Why applications were denied

Credit history 82 43%
Debt-to-income ratio 41 21%
Unverifiable information 19 10%
Collateral 19 10%
Other 15 8%
Incomplete application 13 7%
Insufficient cash 3 2%

Rowan County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202353825431.4%7.25%$105,000
202456626829.2%6.88%$125,000
202570632828.5%6.63%$135,000

Frequently asked questions

28.5% of applications in Rowan County were denied in 2025, against 18.8% statewide in Kentucky.

Vanderbilt Mortgage and Finance, with 105 applications in 2025 and a denial rate of 49.5%.

The median mortgage application in Rowan County in 2025 was for $135,000; the median property value on originated loans was $235,000.