Kentucky
Mortgage Loan Application
Totals and Details
in 2021

Find mortgage statistics and mortgage data for Kentucky.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2021 in all of Kentucky.
You can organize this information by metropolitan area and by county.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 293,420
Total Mortgage Loan Application Amount $55,251,880,000
Average Mortgage Loan Application Amount $188,000
Highest Mortgage Loan Application Amount $73,605,000
Average Applicant Income $92,000
Highest Applicant Income $9,905,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Kentucky, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also 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 2021

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 118,020 $24,567,260,000 $208,000 $73,605,000 $85,000 $9,093,000
Refinancing 104,075 $19,550,735,000 $187,000 $56,005,000 $97,000 $9,037,000
Cash-out Refinancing 47,284 $9,024,550,000 $190,000 $49,005,000 $91,000 $8,888,000
Home Improvement 11,518 $919,790,000 $79,000 $4,845,000 $112,000 $9,614,000
Other Purpose 11,118 $1,037,520,000 $93,000 $2,505,000 $109,000 $9,905,000
Not Applicable 1,405 $152,025,000 $108,000 $3,515,000 $17,000 $67,000

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 212,164 $37,383,215,000 $176,000 $4,845,000 $93,000 $9,905,000
Not Provided 28,745 $5,530,365,000 $192,000 $9,995,000 $99,000 $9,037,000
Not applicable 25,203 $7,448,610,000 $295,000 $73,605,000 $113,000 $8,888,000
Black or African American 12,999 $2,198,515,000 $169,000 $1,605,000 $74,000 $1,884,000
Hispanic 7,343 $1,196,895,000 $162,000 $1,795,000 $70,000 $1,412,000
Asian 4,798 $1,075,200,000 $224,000 $2,555,000 $107,000 $3,240,000
American Indian or Alaskan Native 1,155 $181,645,000 $157,000 $1,355,000 $74,000 $840,000
Native Hawaiian or Other Pacific Islander 177 $35,645,000 $201,000 $1,025,000 $87,000 $670,000

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) 221,795 $41,793,585,000 $188,000 $73,605,000 $99,000 $9,905,000
FHA-insured (Federal Housing Administration) 37,180 $6,310,160,000 $169,000 $11,505,000 $57,000 $1,505,000
VA-guaranteed (Veterans Administration) 26,219 $5,876,675,000 $224,000 $2,985,000 $77,000 $5,306,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8,226 $1,271,460,000 $154,000 $635,000 $50,000 $290,000

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 172,702 $34,158,755,000 $197,000 $73,605,000 $97,000 $9,539,000
Application Denied By Financial Institution 36,063 $5,144,355,000 $142,000 $56,005,000 $73,000 $9,905,000
Application Withdrawn By Applicant 33,019 $6,434,550,000 $194,000 $34,505,000 $95,000 $9,037,000
Loan Purchased By The Institution 27,417 $5,711,245,000 $208,000 $18,005,000 $98,000 $2,003,000
File Closed For Incompleteness 17,402 $2,639,920,000 $151,000 $2,105,000 $82,000 $2,700,000
Application Approved But Not Accepted 6,529 $1,109,665,000 $169,000 $12,775,000 $85,000 $3,334,000
Preapproval Approved but not Accepted 235 $43,605,000 $185,000 $805,000 $82,000 $2,129,000
Preapproval Denied by Financial Institution 53 $9,785,000 $184,000 $965,000 $80,000 $304,000

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
Not applicable 250,845 $48,831,015,000 $194,000 $73,605,000 $95,000 $9,539,000
Debt-To-Income Ratio 14,723 $2,551,065,000 $173,000 $18,005,000 $72,000 $2,602,000
Credit History 12,921 $1,415,585,000 $109,000 $2,985,000 $74,000 $9,614,000
Credit Application Incomplete 4,644 $799,970,000 $172,000 $1,445,000 $87,000 $2,437,000
Collateral 4,035 $627,915,000 $155,000 $4,255,000 $90,000 $4,454,000
Other 2,980 $529,730,000 $177,000 $56,005,000 $93,000 $9,905,000
Unverifiable Information 1,969 $268,235,000 $136,000 $1,455,000 $73,000 $1,864,000
Insufficient Cash (Downpayment, Closing Cost) 697 $133,655,000 $191,000 $5,505,000 $75,000 $825,000
Employment History 600 $93,940,000 $156,000 $1,205,000 $54,000 $1,087,000
Mortgage Insurance Denied 6 $770,000 $128,000 $205,000 $108,000 $264,000
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Mortgage Loan Application Totals in 2021 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 12,091 $ 2,488,135,000 $ 205,000 $ 89,000
ELIZABETHTOWN-FORT KNOX, KY 11,948 $ 2,230,870,000 $ 186,000 $ 83,000
LEXINGTON-FAYETTE, KY 40,034 $ 8,779,025,000 $ 219,000 $ 107,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 83,829 $ 18,007,135,000 $ 214,000 $ 101,000
OWENSBORO, KY 7,654 $ 1,216,480,000 $ 158,000 $ 81,000
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Mortgage Loan Application Totals in 2021 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 429 $ 59,525,000 $ 138,000 $ 86,000
Allen 1,392 $ 217,820,000 $ 156,000 $ 71,000
Anderson 1,934 $ 318,400,000 $ 164,000 $ 76,000
Ballard 307 $ 42,065,000 $ 137,000 $ 74,000
Barren 2,440 $ 361,240,000 $ 148,000 $ 76,000
Bath 488 $ 65,570,000 $ 134,000 $ 68,000
Bell 816 $ 87,530,000 $ 107,000 $ 58,000
Boone 14,341 $ 3,050,725,000 $ 212,000 $ 102,000
Bourbon 1,130 $ 197,940,000 $ 175,000 $ 82,000
Boyd 2,617 $ 343,515,000 $ 131,000 $ 84,000
Boyle 1,645 $ 278,875,000 $ 169,000 $ 82,000
Bracken 361 $ 49,145,000 $ 136,000 $ 78,000
Breathitt 337 $ 34,595,000 $ 102,000 $ 64,000
Breckinridge 1,084 $ 159,370,000 $ 147,000 $ 87,000
Bullitt 8,347 $ 1,574,415,000 $ 188,000 $ 80,000
Butler 509 $ 69,305,000 $ 136,000 $ 76,000
Caldwell 506 $ 65,070,000 $ 128,000 $ 82,000
Calloway 1,540 $ 254,525,000 $ 165,000 $ 83,000
Campbell 8,622 $ 1,689,700,000 $ 195,000 $ 107,000
Carlisle 146 $ 20,880,000 $ 143,000 $ 74,000
Carroll 540 $ 75,530,000 $ 139,000 $ 71,000
Carter 1,116 $ 141,590,000 $ 126,000 $ 71,000
Casey 419 $ 55,745,000 $ 133,000 $ 61,000
Christian 3,213 $ 495,275,000 $ 154,000 $ 83,000
Clark 2,648 $ 448,970,000 $ 169,000 $ 81,000
Clay 542 $ 57,920,000 $ 106,000 $ 59,000
Clinton 198 $ 28,200,000 $ 142,000 $ 85,000
Crittenden 335 $ 40,695,000 $ 121,000 $ 81,000
Cumberland 182 $ 26,120,000 $ 143,000 $ 80,000
Daviess 6,730 $ 1,096,250,000 $ 162,000 $ 82,000
Edmonson 844 $ 132,110,000 $ 156,000 $ 101,000
Elliott 153 $ 21,675,000 $ 141,000 $ 70,000
Estill 460 $ 62,150,000 $ 135,000 $ 66,000
Fayette 23,649 $ 5,316,650,000 $ 224,000 $ 114,000
Fleming 670 $ 90,250,000 $ 134,000 $ 74,000
Floyd 1,121 $ 133,435,000 $ 119,000 $ 71,000
Franklin 3,632 $ 612,970,000 $ 168,000 $ 79,000
Fulton 117 $ 12,155,000 $ 103,000 $ 57,000
Gallatin 580 $ 88,230,000 $ 152,000 $ 83,000
Garrard 1,193 $ 197,155,000 $ 165,000 $ 78,000
Grant 1,868 $ 321,840,000 $ 172,000 $ 84,000
Graves 1,353 $ 181,115,000 $ 133,000 $ 84,000
Grayson 1,446 $ 236,160,000 $ 163,000 $ 85,000
Green 381 $ 45,605,000 $ 119,000 $ 66,000
Greenup 1,995 $ 270,355,000 $ 135,000 $ 80,000
Hancock 521 $ 72,105,000 $ 138,000 $ 75,000
Hardin 8,841 $ 1,689,495,000 $ 191,000 $ 85,000
Harlan 609 $ 61,645,000 $ 101,000 $ 59,000
Harrison 1,042 $ 165,100,000 $ 158,000 $ 74,000
Hart 907 $ 117,345,000 $ 129,000 $ 72,000
Henderson 2,433 $ 350,255,000 $ 143,000 $ 78,000
Henry 1,084 $ 188,480,000 $ 173,000 $ 77,000
Hickman 73 $ 9,195,000 $ 125,000 $ 56,000
Hopkins 2,412 $ 309,780,000 $ 128,000 $ 75,000
Jackson 445 $ 52,845,000 $ 118,000 $ 61,000
Jefferson 61,248 $ 12,978,700,000 $ 211,000 $ 100,000
Jessamine 4,499 $ 1,080,415,000 $ 240,000 $ 116,000
Johnson 885 $ 119,215,000 $ 134,000 $ 80,000
Kenton 16,146 $ 2,992,990,000 $ 185,000 $ 100,000
Knott 300 $ 35,200,000 $ 117,000 $ 69,000
Knox 1,280 $ 162,560,000 $ 127,000 $ 63,000
Larue 847 $ 133,675,000 $ 157,000 $ 74,000
Laurel 3,132 $ 461,050,000 $ 147,000 $ 77,000
Lawrence 630 $ 79,290,000 $ 125,000 $ 69,000
Lee 197 $ 20,925,000 $ 106,000 $ 67,000
Leslie 151 $ 14,365,000 $ 95,000 $ 60,000
Letcher 480 $ 47,600,000 $ 99,000 $ 69,000
Lewis 463 $ 49,505,000 $ 106,000 $ 71,000
Lincoln 1,178 $ 162,480,000 $ 137,000 $ 64,000
Livingston 355 $ 43,015,000 $ 121,000 $ 66,000
Logan 1,330 $ 201,830,000 $ 151,000 $ 75,000
Lyon 553 $ 102,785,000 $ 185,000 $ 113,000
Madison 6,607 $ 1,345,215,000 $ 203,000 $ 84,000
Magoffin 317 $ 38,265,000 $ 120,000 $ 69,000
Marion 848 $ 123,390,000 $ 145,000 $ 71,000
Marshall 1,546 $ 267,900,000 $ 173,000 $ 87,000
Martin 238 $ 25,050,000 $ 105,000 $ 66,000
Mason 705 $ 97,245,000 $ 137,000 $ 80,000
McCracken 3,434 $ 603,950,000 $ 175,000 $ 88,000
McCreary 371 $ 39,905,000 $ 107,000 $ 55,000
McLean 403 $ 48,125,000 $ 119,000 $ 70,000
Meade 2,260 $ 407,700,000 $ 180,000 $ 82,000
Menifee 359 $ 39,585,000 $ 110,000 $ 70,000
Mercer 1,611 $ 274,045,000 $ 170,000 $ 82,000
Metcalfe 393 $ 43,885,000 $ 111,000 $ 59,000
Monroe 457 $ 53,945,000 $ 118,000 $ 65,000
Montgomery 1,697 $ 255,775,000 $ 150,000 $ 71,000
Morgan 313 $ 40,915,000 $ 130,000 $ 72,000
Muhlenberg 1,333 $ 165,475,000 $ 124,000 $ 71,000
Nelson 3,435 $ 606,615,000 $ 176,000 $ 81,000
Nicholas 283 $ 37,395,000 $ 132,000 $ 72,000
Ohio 986 $ 131,510,000 $ 133,000 $ 71,000
Oldham 6,896 $ 1,889,240,000 $ 273,000 $ 135,000
Owen 702 $ 110,480,000 $ 157,000 $ 93,000
Owsley 60 $ 7,920,000 $ 132,000 $ 57,000
Pendleton 932 $ 131,980,000 $ 141,000 $ 74,000
Perry 631 $ 80,415,000 $ 127,000 $ 73,000
Pike 1,886 $ 257,770,000 $ 136,000 $ 83,000
Powell 619 $ 81,775,000 $ 132,000 $ 66,000
Pulaski 3,113 $ 482,355,000 $ 154,000 $ 82,000
Robertson 92 $ 10,440,000 $ 113,000 $ 69,000
Rockcastle 639 $ 77,435,000 $ 121,000 $ 61,000
Rowan 927 $ 142,665,000 $ 153,000 $ 80,000
Russell 775 $ 107,365,000 $ 138,000 $ 86,000
Scott 5,836 $ 1,247,640,000 $ 213,000 $ 94,000
Shelby 4,233 $ 931,115,000 $ 219,000 $ 101,000
Simpson 1,493 $ 259,395,000 $ 173,000 $ 75,000
Spencer 2,021 $ 445,185,000 $ 220,000 $ 93,000
Taylor 934 $ 124,740,000 $ 133,000 $ 66,000
Todd 407 $ 65,195,000 $ 160,000 $ 82,000
Trigg 976 $ 170,030,000 $ 174,000 $ 83,000
Trimble 545 $ 80,185,000 $ 147,000 $ 72,000
Union 464 $ 54,070,000 $ 116,000 $ 67,000
Warren 9,346 $ 2,068,900,000 $ 221,000 $ 92,000
Washington 513 $ 75,125,000 $ 146,000 $ 72,000
Wayne 769 $ 94,045,000 $ 122,000 $ 80,000
Webster 484 $ 56,140,000 $ 115,000 $ 86,000
Whitley 1,666 $ 216,090,000 $ 129,000 $ 69,000
Wolfe 176 $ 20,680,000 $ 117,000 $ 95,000
Woodford 2,272 $ 487,410,000 $ 214,000 $ 97,000

We hope these mortgage application details and statistics 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 Kentucky.

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