Kentucky Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 167,791 mortgage applications in Kentucky totaling $33.6 billion, up 8% from 2023. The average application was for $200,000, and applicants reported an average income of $107,000. 53% of applications resulted in an originated loan and 18% were denied. The most active lenders were Vanderbilt Mortgage and Finance, Inc (8,191 applications), United Wholesale Mortgage and PennyMac Loan Services LLC.

See the top mortgage lenders in Kentucky, browse lending by metro area and by county, or see the mortgage lenders headquartered in Kentucky and Kentucky lenders by city.

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Download the Kentucky mortgage lender list: a formatted spreadsheet with aggregated HMDA statistics for all Kentucky based lenders.
Whether you're an industry analyst, homebuyer, or researcher, this data provides valuable insights into Kentucky's mortgage market trends.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 167,791
Total Mortgage Loan Application Amount $33,628,120,000
Average Mortgage Loan Application Amount $200,000
Highest Mortgage Loan Application Amount $97,185,000
Average Applicant Income $107,000
Highest Applicant Income $9,906,000

Top 25 Mortgage Lenders in Kentucky (2024)

Ranked by the number of mortgage applications each lender received for properties in Kentucky in 2024, wherever the lender is based. For lenders headquartered in the state, see the full list of Kentucky mortgage companies. For the lenders that made the most loans here in 2025, with the top FHA, VA, purchase and refinance lenders, see top mortgage lenders in Kentucky.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Vanderbilt Mortgage and Finance, Inc
Maryville, TN
8,191 $1,011,085,000 $123,438 $63,166
2 United Wholesale Mortgage
Plymouth, MI
5,911 $1,394,985,000 $235,998 $96,033
3 PennyMac Loan Services LLC
Westlake Village, CA
5,156 $1,240,970,000 $240,684 $95,543
4 US Bank, N.A.
Cincinnati, OH
4,554 $605,610,000 $132,984 $102,739
5 Fifth Third Bank, National Association
Cincinnati, OH
4,421 $673,315,000 $152,299 $114,897
6 Freedom Mortgage Corporation
Boca Raton, FL
3,626 $1,017,890,000 $280,719 $96,092
7 21st Mortgage
Knoxville, TN
3,598 $383,780,000 $106,664 $66,037
8 PNC Bank N.A.
Pittsburgh, PA
3,589 $479,470,000 $133,594 $115,518
9 Stockton Mortgage Corporation
Frankfort, KY
3,503 $791,175,000 $225,856 $93,478
10 Mortgage Research Center
Columbia, MO
3,179 $797,375,000 $250,825 $91,921
11 Stock Yards Bank & Trust Company
Louisville, KY
2,807 $716,555,000 $255,274 $137,991
12 Commonwealth Federal Credit Union
Frankfort, KY
2,573 $356,165,000 $138,424 $107,368
13 University of Ky FCU
Lexington, KY
2,517 $303,335,000 $120,514 $141,583
14 Community Trust Bank, Inc.
Pikeville, KY
2,505 $435,245,000 $173,750 $117,454
15 Discover Bank
Greenwood, DE
2,438 $175,100,000 $71,821 $111,004
16 Newrez LLC
Fort Washington, PA
2,303 $557,065,000 $241,886 $101,440
17 Truist Bank
Raleigh, NC
2,240 $363,790,000 $162,406 $114,324
18 Liberty Federal Credit Union
Louisville, KY
2,208 $445,160,000 $201,612 $125,540
19 Republic Bank & Trust
Louisville, KY
2,183 $387,205,000 $177,372 $130,637
20 Amerihome Mortgage Company, LLC
Thousand Oaks, CA
1,974 $495,000,000 $250,759 $129,491
21 New American Funding, Llc.
Tustin, CA
1,963 $357,775,000 $182,259 $82,213
22 Amerisave Mortgage Company
Sandy Springs, GA
1,893 $263,035,000 $138,951 $83,324
23 Northpointe Bank
Grand Rapids, MI
1,706 $432,160,000 $253,317 $127,913
24 Huntington National Bank
Columbus, OH
1,684 $284,390,000 $168,877 $130,013
25 Abound Federal Credit Union
Radcliff, KY
1,650 $272,610,000 $165,218 $111,167

The tables below break down 2024 mortgage applications in Kentucky by loan purpose, applicant race, loan type, outcome and denial reason, followed by totals for every metro area and county. Click a column heading to sort.

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Mortgage Loan Application Detail Totals for Kentucky in 2024

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 92,543 $21,670,350,000 $234,000 $97,185,000 $105,000 $9,638,000
Cash-out Refinancing 22,786 $4,119,130,000 $180,000 $26,505,000 $94,000 $4,839,000
Refinancing 19,690 $5,004,760,000 $254,000 $59,745,000 $122,000 $9,906,000
Other Purpose 17,607 $1,475,930,000 $83,000 $9,245,000 $110,000 $8,170,000
Home Improvement 14,778 $1,286,895,000 $87,000 $16,975,000 $116,000 $8,000,000
Not Applicable 387 $71,055,000 $183,000 $14,695,000 $42,000 $64,000

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 115,610 $20,238,105,000 $175,000 $6,025,000 $107,000 $9,638,000
Not applicable 17,792 $6,775,855,000 $380,000 $97,185,000 $131,000 $8,888,000
Not Provided 14,081 $2,819,365,000 $200,000 $8,445,000 $114,000 $9,906,000
Black or African American 8,204 $1,438,060,000 $175,000 $1,765,000 $91,000 $8,170,000
Hispanic 8,017 $1,351,770,000 $168,000 $2,005,000 $83,000 $3,584,000
Asian 3,119 $839,405,000 $269,000 $3,755,000 $149,000 $4,850,000
American Indian or Alaskan Native 810 $135,660,000 $167,000 $1,665,000 $93,000 $5,410,000
Native Hawaiian or Other Pacific Islander 153 $29,495,000 $192,000 $745,000 $135,000 $2,698,000

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) 123,229 $23,041,660,000 $186,000 $97,185,000 $113,000 $9,906,000
FHA-insured (Federal Housing Administration) 26,993 $5,878,655,000 $217,000 $14,575,000 $80,000 $8,411,000
VA-guaranteed (Veterans Administration) 14,983 $4,246,545,000 $283,000 $1,795,000 $97,000 $1,464,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2,586 $461,260,000 $178,000 $555,000 $70,000 $161,000

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 88,717 $19,190,310,000 $216,000 $97,185,000 $117,000 $9,906,000
Application Denied By Financial Institution 31,025 $4,272,605,000 $137,000 $50,175,000 $82,000 $8,170,000
Application Withdrawn By Applicant 19,822 $4,335,040,000 $218,000 $47,635,000 $108,000 $8,411,000
Loan Purchased By The Institution 14,316 $3,663,460,000 $255,000 $1,995,000 $121,000 $1,405,000
File Closed For Incompleteness 9,276 $1,370,400,000 $147,000 $7,955,000 $93,000 $8,000,000
Application Approved But Not Accepted 4,483 $757,635,000 $169,000 $19,315,000 $107,000 $8,888,000
Preapproval Approved but not Accepted 121 $31,085,000 $256,000 $755,000 $112,000 $741,000
Preapproval Denied by Financial Institution 31 $7,585,000 $244,000 $465,000 $76,000 $206,000

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 130,473 $28,020,630,000 $214,000 $97,185,000 $112,000 $8,888,000
Debt-To-Income Ratio 14,159 $2,484,425,000 $175,000 $23,675,000 $91,000 $9,906,000
Credit History 12,083 $1,275,065,000 $105,000 $5,855,000 $82,000 $8,170,000
Collateral 3,277 $552,895,000 $168,000 $50,175,000 $99,000 $2,400,000
Credit Application Incomplete 3,206 $486,020,000 $151,000 $8,075,000 $100,000 $2,626,000
Unverifiable Information 1,843 $262,495,000 $142,000 $5,205,000 $74,000 $831,000
Other 1,754 $352,820,000 $201,000 $30,005,000 $109,000 $4,440,000
Insufficient Cash (Downpayment, Closing Cost) 663 $136,275,000 $205,000 $12,055,000 $86,000 $1,334,000
Employment History 329 $57,005,000 $173,000 $3,955,000 $65,000 $790,000
Mortgage Insurance Denied 4 $490,000 $122,000 $175,000 $67,000 $90,000
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Mortgage Loan Application Totals in 2024 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 6,965 $ 1,639,715,000 $ 235,000 $ 111,000
Elizabethtown-Fort Knox, KY 5,701 $ 1,280,345,000 $ 224,000 $ 110,000
Lexington-Fayette, KY 19,350 $ 4,901,725,000 $ 253,000 $ 136,000
Louisville/Jefferson County, KY-IN 44,732 $ 10,286,315,000 $ 229,000 $ 117,000
Owensboro, KY 3,981 $ 651,445,000 $ 163,000 $ 99,000
Paducah, KY-IL 3,005 $ 490,045,000 $ 163,000 $ 94,000
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Mortgage Loan Application Totals in 2024 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 325 $ 46,515,000 $ 143,000 $ 79,000
Allen 1,015 $ 173,375,000 $ 170,000 $ 92,000
Anderson 1,082 $ 200,130,000 $ 184,000 $ 95,000
Ballard 256 $ 35,100,000 $ 137,000 $ 85,000
Barren 1,639 $ 277,065,000 $ 169,000 $ 88,000
Bath 396 $ 53,590,000 $ 135,000 $ 75,000
Bell 606 $ 73,040,000 $ 120,000 $ 65,000
Boone 7,100 $ 1,568,880,000 $ 220,000 $ 118,000
Bourbon 713 $ 149,705,000 $ 209,000 $ 105,000
Boyd 1,553 $ 206,785,000 $ 133,000 $ 93,000
Boyle 1,070 $ 194,880,000 $ 182,000 $ 99,000
Bracken 301 $ 40,895,000 $ 135,000 $ 93,000
Breathitt 271 $ 29,905,000 $ 110,000 $ 69,000
Breckinridge 766 $ 117,890,000 $ 153,000 $ 93,000
Bullitt 4,232 $ 879,490,000 $ 207,000 $ 98,000
Butler 369 $ 56,305,000 $ 152,000 $ 80,000
Caldwell 321 $ 48,835,000 $ 152,000 $ 93,000
Calloway 888 $ 158,730,000 $ 178,000 $ 110,000
Campbell 4,479 $ 980,655,000 $ 218,000 $ 122,000
Carlisle 136 $ 18,310,000 $ 134,000 $ 159,000
Carroll 365 $ 54,395,000 $ 149,000 $ 82,000
Carter 778 $ 106,310,000 $ 136,000 $ 86,000
Casey 351 $ 51,905,000 $ 147,000 $ 77,000
Christian 2,346 $ 466,440,000 $ 198,000 $ 95,000
Clark 1,547 $ 293,905,000 $ 189,000 $ 102,000
Clay 494 $ 55,610,000 $ 112,000 $ 66,000
Clinton 160 $ 21,480,000 $ 134,000 $ 74,000
Crittenden 205 $ 32,945,000 $ 160,000 $ 85,000
Cumberland 131 $ 18,845,000 $ 143,000 $ 81,000
Daviess 3,690 $ 614,870,000 $ 166,000 $ 100,000
Edmonson 600 $ 109,190,000 $ 181,000 $ 96,000
Elliott 143 $ 21,225,000 $ 148,000 $ 87,000
Estill 371 $ 51,665,000 $ 139,000 $ 76,000
Fayette 10,615 $ 2,856,060,000 $ 269,000 $ 147,000
Fleming 492 $ 73,980,000 $ 150,000 $ 92,000
Floyd 948 $ 113,240,000 $ 119,000 $ 78,000
Franklin 2,120 $ 367,610,000 $ 173,000 $ 97,000
Fulton 116 $ 10,870,000 $ 93,000 $ 81,000
Gallatin 400 $ 62,270,000 $ 155,000 $ 86,000
Garrard 805 $ 143,655,000 $ 178,000 $ 92,000
Grant 1,197 $ 227,345,000 $ 189,000 $ 102,000
Graves 1,121 $ 157,015,000 $ 140,000 $ 80,000
Grayson 1,030 $ 177,820,000 $ 172,000 $ 93,000
Green 332 $ 44,340,000 $ 133,000 $ 76,000
Greenup 1,244 $ 178,540,000 $ 143,000 $ 92,000
Hancock 332 $ 48,380,000 $ 145,000 $ 86,000
Hardin 5,192 $ 1,190,100,000 $ 229,000 $ 108,000
Harlan 531 $ 57,375,000 $ 108,000 $ 68,000
Harrison 757 $ 129,955,000 $ 171,000 $ 91,000
Hart 750 $ 114,820,000 $ 153,000 $ 94,000
Henderson 1,475 $ 228,465,000 $ 154,000 $ 94,000
Henry 694 $ 122,050,000 $ 175,000 $ 104,000
Hickman 101 $ 11,565,000 $ 114,000 $ 76,000
Hopkins 1,617 $ 227,145,000 $ 140,000 $ 84,000
Jackson 361 $ 46,415,000 $ 128,000 $ 70,000
Jefferson 30,023 $ 6,866,480,000 $ 228,000 $ 115,000
Jessamine 2,280 $ 685,930,000 $ 300,000 $ 151,000
Johnson 682 $ 91,540,000 $ 134,000 $ 85,000
Kenton 8,347 $ 1,727,745,000 $ 206,000 $ 116,000
Knott 308 $ 39,100,000 $ 126,000 $ 79,000
Knox 1,031 $ 129,045,000 $ 125,000 $ 65,000
Larue 509 $ 90,245,000 $ 177,000 $ 128,000
Laurel 2,462 $ 358,460,000 $ 145,000 $ 81,000
Lawrence 475 $ 63,065,000 $ 132,000 $ 91,000
Lee 175 $ 22,185,000 $ 126,000 $ 74,000
Leslie 202 $ 21,440,000 $ 106,000 $ 69,000
Letcher 347 $ 37,625,000 $ 108,000 $ 78,000
Lewis 354 $ 43,950,000 $ 124,000 $ 74,000
Lincoln 937 $ 138,105,000 $ 147,000 $ 75,000
Livingston 281 $ 36,775,000 $ 130,000 $ 80,000
Logan 1,059 $ 190,575,000 $ 179,000 $ 91,000
Lyon 291 $ 62,095,000 $ 213,000 $ 118,000
Madison 4,050 $ 880,920,000 $ 217,000 $ 104,000
Magoffin 264 $ 35,850,000 $ 135,000 $ 83,000
Marion 504 $ 78,160,000 $ 155,000 $ 83,000
Marshall 1,083 $ 176,645,000 $ 163,000 $ 94,000
Martin 202 $ 22,100,000 $ 109,000 $ 68,000
Mason 504 $ 70,150,000 $ 139,000 $ 82,000
McCracken 2,332 $ 399,860,000 $ 171,000 $ 93,000
McCreary 376 $ 48,250,000 $ 128,000 $ 67,000
McLean 291 $ 36,575,000 $ 125,000 $ 78,000
Meade 1,455 $ 301,995,000 $ 207,000 $ 104,000
Menifee 248 $ 29,620,000 $ 119,000 $ 72,000
Mercer 1,024 $ 187,700,000 $ 183,000 $ 102,000
Metcalfe 310 $ 41,090,000 $ 132,000 $ 78,000
Monroe 298 $ 38,860,000 $ 130,000 $ 68,000
Montgomery 1,189 $ 193,505,000 $ 162,000 $ 92,000
Morgan 211 $ 28,515,000 $ 135,000 $ 75,000
Muhlenberg 958 $ 123,030,000 $ 128,000 $ 76,000
Nelson 2,096 $ 407,150,000 $ 194,000 $ 96,000
Nicholas 275 $ 38,785,000 $ 141,000 $ 79,000
Ohio 708 $ 101,680,000 $ 143,000 $ 84,000
Oldham 3,059 $ 943,465,000 $ 308,000 $ 167,000
Owen 503 $ 76,815,000 $ 152,000 $ 99,000
Owsley 92 $ 12,420,000 $ 135,000 $ 74,000
Pendleton 608 $ 100,720,000 $ 165,000 $ 95,000
Perry 527 $ 61,145,000 $ 116,000 $ 82,000
Pike 1,274 $ 165,230,000 $ 129,000 $ 88,000
Powell 516 $ 83,050,000 $ 160,000 $ 80,000
Pulaski 2,063 $ 334,385,000 $ 162,000 $ 96,000
Robertson 88 $ 13,150,000 $ 149,000 $ 96,000
Rockcastle 563 $ 71,295,000 $ 126,000 $ 73,000
Rowan 602 $ 94,690,000 $ 157,000 $ 92,000
Russell 516 $ 76,240,000 $ 147,000 $ 82,000
Scott 3,187 $ 686,155,000 $ 215,000 $ 114,000
Shelby 2,227 $ 549,095,000 $ 246,000 $ 134,000
Simpson 975 $ 199,795,000 $ 204,000 $ 91,000
Spencer 946 $ 216,590,000 $ 228,000 $ 126,000
Taylor 639 $ 102,785,000 $ 160,000 $ 82,000
Todd 373 $ 69,180,000 $ 185,000 $ 102,000
Trigg 658 $ 124,850,000 $ 189,000 $ 106,000
Trimble 315 $ 47,565,000 $ 151,000 $ 89,000
Union 293 $ 40,995,000 $ 139,000 $ 80,000
Warren 4,981 $ 1,300,845,000 $ 261,000 $ 120,000
Washington 317 $ 51,115,000 $ 161,000 $ 88,000
Wayne 487 $ 70,185,000 $ 144,000 $ 82,000
Webster 372 $ 48,500,000 $ 130,000 $ 99,000
Whitley 1,336 $ 185,000,000 $ 138,000 $ 75,000
Wolfe 196 $ 30,210,000 $ 154,000 $ 101,000
Woodford 1,008 $ 229,970,000 $ 228,000 $ 130,000

Our comprehensive HMDA mortgage statistics offer invaluable insights into Kentucky's 2024 lending landscape. By analyzing detailed data on mortgage applications, loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can identify key trends shaping the state's housing market.

This in-depth information enables real estate experts, financial analysts, and policymakers to monitor market shifts, assess borrower demographics, and evaluate lender performance effectively. Leverage this powerful data to make informed decisions, conduct thorough market research, and stay ahead in the evolving mortgage industry.
To gain a deeper understanding of Kentucky's mortgage lending environment, download the comprehensive list of lenders and their aggregated HMDA statistics today.

Download the Kentucky Lender List