Webster County, Kentucky · 2025

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

72 lenders acted on 349 mortgage applications for properties in Webster County in 2025. 23.2% were denied (Kentucky: 18.8%). Median rate on closed loans 6.88%; median loan $115,000; median property value $195,000.

349Applications
23.2%Denial ratestate 18.8%
6.88%Median ratestate 6.75%
$115,000Median loan
$195,000Median property value

Largest lenders in Webster County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Independence Bank of Kentucky B 10371 21.4%7.20%
2 Fifth Third Bank D 188 44.4%8.25%
3 Liberty B 1811 11.1%6.63%
4 Rocket Mortgage C 1713 11.8%6.88%
5 21st Mortgage F 132 38.5%8.74%
6 Mortgage Research Center C 94 11.1%6.93%
7 Vanderbilt Mortgage and Finance F 91 66.7%9.99%
8 Gershman Investment B 88 0.0%6.00%
9 Planters Bank A 76 0.0%
10 U.S. Bank D 65 16.7%6.25%
11 Freedom Mortgage B 62 0.0%6.13%
12 Old National Bank B 62 50.0%6.17%
13 Mortgage Masters of Indiana B 64 16.7%6.63%
14 Pennymac Loan Services C 53 0.0%6.38%
15 Carrington Mortgage Services D 51 40.0%12.25%
16 FirstBank C 50 60.0%
17 Southwest Stage Funding F 51 0.0%7.50%
18 Heritage Federal Credit Union D 52 60.0%7.13%

Best approval odds in Webster County

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

#LenderDecidedDecision denial rate
1Independence Bank of Kentucky9423.4%

What Webster County borrowers applied for

By loan purpose

Home purchase 158 45% · 19.6% denied
Refinance 71 20% · 14.1% denied
Cash-out refinance 44 13% · 29.6% denied
Home improvement 28 8% · 39.3% denied
Other / HELOC 48 14% · 33.3% denied

By loan type

Conventional 255 73% · 24.7% denied
FHA 66 19% · 19.7% denied
VA 22 6% · 18.2% denied
USDA / RHS 6 2% · 16.7% denied

Why applications were denied

Credit history 41 51%
Debt-to-income ratio 13 16%
Collateral 10 12%
Unverifiable information 5 6%
Incomplete application 5 6%
Other 4 5%
Insufficient cash 2 2%
Mortgage insurance denied 1 1%

Webster County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202330717823.8%7.25%$95,000
202434919424.6%7.31%$105,000
202534919223.2%6.88%$115,000

Frequently asked questions

23.2% of applications in Webster County were denied in 2025, against 18.8% statewide in Kentucky.

Independence Bank of Kentucky, with 103 applications in 2025 and a denial rate of 21.4%.

The median mortgage application in Webster County in 2025 was for $115,000; the median property value on originated loans was $195,000.