MortRadarTERMINAL
← National benchmarks

MARKET BENCHMARKS · HMDA PUBLIC DATA

Kentucky mortgage market benchmarks

Kentucky origination trends 2018–2025 from HMDA public data: volume, denial rates, and purchase vs refinance mix. Free and open — no account required.

Originations 2025

100,653

+13.1% vs 2024

2024: 89,008

Volume 2025

$23.71B

originated $
2024: $19.51B

Denial rate 2025

18.8%

denied / actioned
2024: 20.3% denied / actioned

Reporting lenders 2025

871

HMDA reporters
2024: 858 reporters

Origination volume by year

Dollar volume of originated loans

$ VOLUME · HOVER FOR UNITS
$0$12.5B$25B$37.5B$50B20182019202020212022202320242025$23.71B

Loan purpose mix

Share of 2025 originations

Denial rate by year

Denials / actioned applications (CFPB convention)

0.0%11.7%23.4%2018201920202021202220232024202518.8%

Kentucky market by year

YEARLENDERSAPPLICATIONSORIGINATIONSVOLUMEDENIALPURCHASEREFI
2025871174,149100,653$23.71B2025 origination volume100,653 loans originated18.8%2025 denial rate174,149 applications actioned51.4%42.8%
2024858154,36589,008$19.51B2024 origination volume89,008 loans originated20.3%2024 denial rate154,365 applications actioned55.2%37.0%
2023876143,75482,484$16.67B2023 origination volume82,484 loans originated20.4%2023 denial rate143,754 applications actioned57.0%33.1%
2022872188,345112,680$24.38B2022 origination volume112,680 loans originated17.9%2022 denial rate188,345 applications actioned52.2%45.5%
2021876267,273173,188$34.65B2021 origination volume173,188 loans originated13.7%2021 denial rate267,273 applications actioned39.3%69.3%
2020820259,496168,562$32.79B2020 origination volume168,562 loans originated13.8%2020 denial rate259,496 applications actioned38.1%67.9%
2019808183,848114,473$19.96B2019 origination volume114,473 loans originated17.6%2019 denial rate183,848 applications actioned51.0%49.8%
2018740163,62699,569$15.85B2018 origination volume99,569 loans originated19.8%2018 denial rate163,626 applications actioned56.8%41.3%

Attribution & methodology. Benchmarks are computed by MortRadar from Home Mortgage Disclosure Act (HMDA) public data files published by the Consumer Financial Protection Bureau (CFPB) and the Federal Financial Institutions Examination Council (FFIEC), covering activity years 2018–2025. Originations = loans originated (action taken 1); denial rate = denials / actioned applications (CFPB Data Browser convention); loan amounts are the public files' midpoint-rounded values. MortRadar's aggregations are derived works and are not published, reviewed, or endorsed by the CFPB, FFIEC, or any government agency. See data attribution and the disclaimer.

Looking for a specific company? Search lender profiles →