Largest lenders in Wayne County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | The Monticello Banking | D | 42 | 28 | 19.1% | — |
| 2 | Vanderbilt Mortgage and Finance | F | 42 | 3 | 45.2% | 10.25% |
| 3 | Rocket Mortgage | C | 32 | 23 | 18.8% | 6.99% |
| 4 | 21st Mortgage | F | 31 | 7 | 54.8% | 10.38% |
| 5 | First Southern National Bank | B | 31 | 31 | 0.0% | 7.25% |
| 6 | The Citizens National Bank of Somerset | C | 27 | 21 | 3.7% | — |
| 7 | United Shore Financial Services | B | 24 | 20 | 12.5% | 6.11% |
| 8 | Truist Bank | C | 14 | 9 | 7.1% | 7.10% |
| 9 | Broker Solutions | D | 12 | 5 | 0.0% | 6.25% |
| 10 | Mortgage Research Center | C | 12 | 7 | 8.3% | 6.75% |
| 11 | AmeriSave Mortgage | D | 11 | 3 | 63.6% | 7.63% |
| 12 | FirstBank | C | 10 | 2 | 60.0% | 8.82% |
| 13 | U.S. Bank | D | 9 | 6 | 22.2% | 7.18% |
| 14 | Credit Human Federal Credit Union | D | 9 | 0 | 100.0% | — |
| 15 | Community Trust Bank | B | 8 | 6 | 12.5% | 6.25% |
| 16 | New Day Financial | F | 7 | 1 | 28.6% | 6.74% |
| 17 | United Cumberland Bank | C | 7 | 6 | 0.0% | — |
| 18 | L & N Federal Credit Union | A | 7 | 5 | 0.0% | 7.50% |
| 19 | Pennymac Loan Services | C | 6 | 3 | 0.0% | 7.00% |
| 20 | Wells Fargo Bank | B | 6 | 1 | 66.7% | 7.00% |
| 21 | Loandepot.Com | D | 6 | 6 | 0.0% | 7.31% |
| 22 | Coastal Community Bank | C | 6 | 0 | 0.0% | — |
| 23 | Republic State Mortgage | A | 6 | 5 | 0.0% | 6.25% |
| 24 | University of Kentucky | B | 5 | 4 | 0.0% | 6.88% |
| 25 | Nationstar Mortgage | C | 5 | 2 | 40.0% | 8.12% |
What Wayne County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Wayne County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 455 | 245 | 22.4% | 7.00% | $105,000 |
| 2024 | 454 | 228 | 24.9% | 7.00% | $115,000 |
| 2025 | 488 | 263 | 22.3% | 6.80% | $125,000 |
Frequently asked questions
22.3% of applications in Wayne County were denied in 2025, against 18.8% statewide in Kentucky.
The Monticello Banking, with 42 applications in 2025 and a denial rate of 19.1%.
The median mortgage application in Wayne County in 2025 was for $125,000; the median property value on originated loans was $235,000.