Boyd County
Kentucky · FIPS 21019
According to CFPB HMDA 2024 application volume among U.S. counties, Boyd County ranks #1,096 of 3,223, and #23 of 120 in Kentucky.
Mortgage lending activity in Boyd County, Kentucky based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Boyd County, Kentucky lenders denied 334 of the applications reported here, financing the rest at an average note rate of 7.18%, with applicants self-reporting average annual income of $36K. 91 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 3.7x, meaning typical borrowers took on mortgages of about 3.7 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Boyd County
In Boyd County, lead originator City National Bank of WV funded only 10.8% of 790 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 25.6% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Boyd County's 1,553 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Boyd County's $133,152 average loan (deduped against volume peers).
Lenders active in Boyd County
City National Bank of WV funded 85 of the 790 loans originated in Boyd County, 10.8% of the county. 91 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | City National Bank of WV | 85 | 10.8% |
| 2 | United Wholesale Mortgage | 60 | 7.6% |
| 3 | Members Choice Credit Union | 57 | 7.2% |
| 4 | Community Trust Bank, Inc. | 57 | 7.2% |
| 5 | Kentucky Farmers Bank Corporation | 43 | 5.4% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Boyd County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Boyd County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.