Kentucky
Mortgage Loan Application
Totals and Details
in 2017

Find mortgage statistics for Kentucky.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2017 in all of Kentucky.
You can organize this information by metropolitan area and by county.

Years 2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 173,004
Total Mortgage Loan Application Amount $26,239,787,000
Average Mortgage Loan Application Amount $151,000
Highest Mortgage Loan Application Amount $73,312,000
Average Applicant Income $68,000
Highest Applicant Income $18,000,000

We provide overall totals and averages for each year, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or lending statistics in Kentucky, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists are also able to be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for Kentucky in 2017

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 100,429 $15,964,993,000 $158,000 $73,312,000 $66,000 $18,000,000
Refinancing 60,105 $9,431,222,000 $156,000 $25,000,000 $71,000 $8,677,000
Home Improvement 12,470 $843,572,000 $67,000 $17,700,000 $73,000 $10,000,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 126,775 $17,992,237,000 $141,000 $11,750,000 $77,000 $10,000,000
Not applicable 19,307 $4,430,860,000 $229,000 $73,312,000 $6,000 $3,197,000
Not Provided 13,148 $1,924,332,000 $146,000 $3,800,000 $81,000 $18,000,000
Black or African American 7,235 $928,575,000 $128,000 $1,613,000 $59,000 $1,123,000
Hispanic 3,519 $457,298,000 $129,000 $1,103,000 $61,000 $1,162,000
Asian 2,091 $388,112,000 $185,000 $1,613,000 $94,000 $2,520,000
American Indian or Alaskan Native 731 $89,849,000 $122,000 $1,202,000 $67,000 $870,000
Native Hawaiin or Other Pacific Islander 198 $28,524,000 $144,000 $400,000 $76,000 $935,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 113,023 $17,468,447,000 $154,000 $73,312,000 $81,000 $18,000,000
FHA-insured (Federal Housing Administration) 34,182 $4,657,608,000 $136,000 $27,074,000 $43,000 $1,339,000
VA-guaranteed (Veterans Administration) 16,583 $2,993,981,000 $180,000 $1,684,000 $55,000 $1,309,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 9,216 $1,119,751,000 $121,000 $1,128,000 $31,000 $710,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 91,096 $14,966,239,000 $164,000 $73,312,000 $80,000 $6,843,000
Application Denied By Financial Institution 28,929 $3,278,370,000 $113,000 $25,093,000 $61,000 $10,000,000
Loan Purchased By The Institution 21,834 $3,455,121,000 $158,000 $1,319,000 $27,000 $2,281,000
Application Withdrawn By Applicant 16,553 $2,659,520,000 $160,000 $30,306,000 $79,000 $18,000,000
File Closed For Incompleteness 8,719 $1,079,335,000 $123,000 $32,750,000 $59,000 $1,825,000
Application Approved But Not Accepted 5,865 $800,206,000 $136,000 $1,750,000 $73,000 $3,074,000
Preapproval Denied by Financial Institution 8 $996,000 $124,000 $202,000 $49,000 $75,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 6,181 $500,324,000 $80,000 $1,500,000 $62,000 $2,729,000
Debt-To-Income Ratio 3,557 $476,726,000 $134,000 $10,500,000 $50,000 $1,972,000
Collateral 2,951 $410,256,000 $139,000 $3,500,000 $77,000 $1,710,000
Credit Application Incomplete 2,043 $299,824,000 $146,000 $1,440,000 $85,000 $4,659,000
Other 1,105 $169,352,000 $153,000 $25,093,000 $65,000 $433,000
Insufficient Cash (Downpayment, Closing Cost) 432 $57,568,000 $133,000 $1,250,000 $67,000 $2,468,000
Unverifiable Information 405 $53,713,000 $132,000 $1,350,000 $82,000 $2,020,000
Employment History 254 $32,024,000 $126,000 $1,000,000 $54,000 $335,000
Mortgage Insurance Denied 14 $1,654,000 $118,000 $274,000 $54,000 $172,000
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Mortgage Loan Application Totals in 2017 by Kentucky Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BOWLING GREEN, KY 7,104 $ 1,140,684,000 $ 160,000 $ 70,000
ELIZABETHTOWN-FORT KNOX, KY 7,076 $ 1,056,500,000 $ 149,000 $ 62,000
LEXINGTON-FAYETTE, KY 22,825 $ 4,475,169,000 $ 196,000 $ 80,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 46,620 $ 8,465,341,000 $ 181,000 $ 75,000
OWENSBORO, KY 4,663 $ 578,545,000 $ 124,000 $ 61,000
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Mortgage Loan Application Totals in 2017 by Kentucky County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adair 303 $ 30,988,000 $ 102,000 $ 51,000
Allen 875 $ 93,580,000 $ 106,000 $ 55,000
Anderson 1,009 $ 139,321,000 $ 138,000 $ 57,000
Ballard 211 $ 21,804,000 $ 103,000 $ 51,000
Barren 1,602 $ 184,177,000 $ 114,000 $ 59,000
Bath 281 $ 33,082,000 $ 117,000 $ 61,000
Bell 627 $ 57,823,000 $ 92,000 $ 45,000
Boone 7,026 $ 1,229,645,000 $ 175,000 $ 74,000
Bourbon 706 $ 116,028,000 $ 164,000 $ 81,000
Boyd 1,837 $ 191,789,000 $ 104,000 $ 64,000
Boyle 897 $ 117,184,000 $ 130,000 $ 63,000
Bracken 367 $ 35,323,000 $ 96,000 $ 64,000
Breathitt 244 $ 15,946,000 $ 65,000 $ 55,000
Breckinridge 691 $ 75,387,000 $ 109,000 $ 63,000
Bullitt 4,559 $ 675,966,000 $ 148,000 $ 59,000
Butler 433 $ 36,496,000 $ 84,000 $ 51,000
Caldwell 392 $ 37,958,000 $ 96,000 $ 56,000
Calloway 936 $ 126,360,000 $ 135,000 $ 69,000
Campbell 4,583 $ 701,660,000 $ 153,000 $ 73,000
Carlisle 77 $ 8,205,000 $ 106,000 $ 55,000
Carroll 355 $ 34,955,000 $ 98,000 $ 52,000
Carter 582 $ 57,851,000 $ 99,000 $ 53,000
Casey 282 $ 29,284,000 $ 103,000 $ 51,000
Christian 1,993 $ 225,997,000 $ 113,000 $ 60,000
Clark 1,598 $ 242,807,000 $ 151,000 $ 59,000
Clay 380 $ 23,867,000 $ 62,000 $ 53,000
Clinton 127 $ 14,073,000 $ 110,000 $ 67,000
Crittenden 231 $ 21,120,000 $ 91,000 $ 60,000
Cumberland 127 $ 13,140,000 $ 103,000 $ 64,000
Daviess 4,061 $ 518,961,000 $ 127,000 $ 61,000
Edmonson 530 $ 61,097,000 $ 115,000 $ 74,000
Elliott 88 $ 8,500,000 $ 96,000 $ 56,000
Estill 328 $ 31,097,000 $ 94,000 $ 49,000
Fayette 13,456 $ 2,821,613,000 $ 209,000 $ 87,000
Fleming 382 $ 34,066,000 $ 89,000 $ 63,000
Floyd 891 $ 84,540,000 $ 94,000 $ 56,000
Franklin 2,013 $ 275,619,000 $ 136,000 $ 59,000
Fulton 104 $ 7,642,000 $ 73,000 $ 51,000
Gallatin 349 $ 36,460,000 $ 104,000 $ 55,000
Garrard 709 $ 84,812,000 $ 119,000 $ 57,000
Grant 1,126 $ 148,623,000 $ 131,000 $ 61,000
Graves 966 $ 98,552,000 $ 102,000 $ 60,000
Grayson 1,018 $ 113,515,000 $ 111,000 $ 61,000
Green 281 $ 28,442,000 $ 101,000 $ 64,000
Greenup 1,468 $ 161,130,000 $ 109,000 $ 71,000
Hancock 310 $ 33,343,000 $ 107,000 $ 57,000
Hardin 4,998 $ 773,304,000 $ 154,000 $ 63,000
Harlan 519 $ 38,004,000 $ 73,000 $ 59,000
Harrison 602 $ 74,785,000 $ 124,000 $ 58,000
Hart 577 $ 51,781,000 $ 89,000 $ 56,000
Henderson 1,629 $ 191,188,000 $ 117,000 $ 62,000
Henry 659 $ 86,574,000 $ 131,000 $ 56,000
Hickman 69 $ 5,772,000 $ 83,000 $ 62,000
Hopkins 1,492 $ 148,409,000 $ 99,000 $ 58,000
Jackson 245 $ 22,176,000 $ 90,000 $ 49,000
Jefferson 34,186 $ 6,174,877,000 $ 180,000 $ 75,000
Jessamine 2,403 $ 446,227,000 $ 185,000 $ 77,000
Johnson 684 $ 71,929,000 $ 105,000 $ 59,000
Kenton 8,150 $ 1,278,883,000 $ 156,000 $ 73,000
Knott 256 $ 19,684,000 $ 76,000 $ 51,000
Knox 803 $ 76,599,000 $ 95,000 $ 48,000
Larue 646 $ 81,269,000 $ 125,000 $ 60,000
Laurel 2,118 $ 227,346,000 $ 107,000 $ 51,000
Lawrence 396 $ 40,963,000 $ 103,000 $ 58,000
Lee 121 $ 9,213,000 $ 76,000 $ 43,000
Leslie 151 $ 10,618,000 $ 70,000 $ 49,000
Letcher 480 $ 35,344,000 $ 73,000 $ 59,000
Lewis 319 $ 26,599,000 $ 83,000 $ 55,000
Lincoln 750 $ 79,931,000 $ 106,000 $ 44,000
Livingston 276 $ 32,120,000 $ 116,000 $ 63,000
Logan 897 $ 98,595,000 $ 109,000 $ 55,000
Lyon 293 $ 46,314,000 $ 158,000 $ 100,000
Madison 3,675 $ 581,290,000 $ 158,000 $ 65,000
Magoffin 218 $ 16,704,000 $ 76,000 $ 50,000
Marion 550 $ 62,097,000 $ 112,000 $ 51,000
Marshall 1,054 $ 126,414,000 $ 119,000 $ 66,000
Martin 159 $ 12,667,000 $ 79,000 $ 47,000
Mason 458 $ 51,428,000 $ 112,000 $ 76,000
McCracken 2,021 $ 269,017,000 $ 133,000 $ 63,000
McCreary 489 $ 35,213,000 $ 72,000 $ 46,000
McLean 327 $ 28,741,000 $ 87,000 $ 64,000
Meade 1,439 $ 202,787,000 $ 140,000 $ 60,000
Menifee 250 $ 17,600,000 $ 70,000 $ 52,000
Mercer 856 $ 107,269,000 $ 125,000 $ 60,000
Metcalfe 304 $ 26,835,000 $ 88,000 $ 48,000
Monroe 301 $ 27,965,000 $ 92,000 $ 55,000
Montgomery 1,125 $ 129,047,000 $ 114,000 $ 53,000
Morgan 153 $ 14,547,000 $ 95,000 $ 56,000
Muhlenberg 1,120 $ 97,075,000 $ 86,000 $ 52,000
Nelson 2,198 $ 293,808,000 $ 133,000 $ 60,000
Nicholas 216 $ 21,820,000 $ 101,000 $ 51,000
Ohio 753 $ 72,868,000 $ 96,000 $ 55,000
Oldham 3,477 $ 845,372,000 $ 243,000 $ 105,000
Owen 386 $ 44,246,000 $ 114,000 $ 64,000
Owsley 62 $ 5,183,000 $ 83,000 $ 60,000
Pendleton 504 $ 58,456,000 $ 115,000 $ 59,000
Perry 435 $ 39,932,000 $ 91,000 $ 69,000
Pike 1,515 $ 149,185,000 $ 98,000 $ 67,000
Powell 414 $ 38,554,000 $ 93,000 $ 53,000
Pulaski 1,732 $ 205,087,000 $ 118,000 $ 61,000
Robertson 79 $ 7,739,000 $ 97,000 $ 56,000
Rockcastle 382 $ 40,138,000 $ 105,000 $ 50,000
Rowan 580 $ 67,493,000 $ 116,000 $ 63,000
Russell 431 $ 51,469,000 $ 119,000 $ 67,000
Scott 3,518 $ 633,217,000 $ 179,000 $ 68,000
Shelby 2,381 $ 455,573,000 $ 191,000 $ 84,000
Simpson 843 $ 120,950,000 $ 143,000 $ 55,000
Spencer 1,085 $ 191,507,000 $ 176,000 $ 70,000
Taylor 538 $ 67,888,000 $ 126,000 $ 54,000
Todd 294 $ 31,824,000 $ 108,000 $ 77,000
Trigg 591 $ 78,456,000 $ 132,000 $ 69,000
Trimble 404 $ 42,736,000 $ 105,000 $ 61,000
Union 241 $ 21,920,000 $ 90,000 $ 53,000
Warren 5,293 $ 951,784,000 $ 179,000 $ 74,000
Washington 289 $ 39,731,000 $ 137,000 $ 58,000
Wayne 520 $ 46,366,000 $ 89,000 $ 65,000
Webster 304 $ 28,280,000 $ 93,000 $ 58,000
Whitley 1,177 $ 118,600,000 $ 100,000 $ 59,000
Wolfe 213 $ 16,728,000 $ 78,000 $ 60,000
Woodford 1,157 $ 216,289,000 $ 186,000 $ 82,000

We hope these totals and details for mortgage applications will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in KY.

If you prefer, you can download a copy of the entire list of mortgage lenders in Kentucky, and search similar information back through 2003.

Download the Kentucky Lender List