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2024 data HMDA 2024 disclosure official source

Kenton County

8,347 mortgage applications, 15.1% denial rate. Verify FIPS 21117 with U.S. Census Bureau →

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Kentucky · FIPS 21117

Local mortgage market. Kenton County, Kentucky saw 8,347 HMDA-reported mortgage applications in 2024. Lenders originated 4,713 of those loans and denied 1,264, producing a denial rate of 15.1% and an approval (origination) rate of 56.5%. The average loan amount was $206,990 at an average note rate of 7.40%, with applicants self-reporting average annual income of $37K. 265 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.6x, meaning typical borrowers took on mortgages of about 5.6 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.

FIPS 21117 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

8,347
Applications
4,713
Originated
15.1%
Denial Rate
56.5%
Approval Rate
$206,990
Avg Loan Amount
7.40%
Avg Interest Rate
$37K
Avg Applicant Income
5.6x
Loan-to-Income Ratio

Nearby Lenders in Kenton County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Huntington National Bank 386 8.2%
2 Fifth Third Bank, National Association 272 5.8%
3 United Wholesale Mortgage 242 5.1%
4 Victory Mortgage, LLC 238 5.0%
5 Guardian Savings Bank 236 5.0%
Compare Huntington National Bank vs Fifth Third Bank, National Association →

Frequently Asked Questions

How many mortgage applications were filed in Kenton County?
In the 2024 HMDA reporting year, 8,347 mortgage applications were filed in Kenton County, Kentucky. Of these, 4,713 were originated (approved and funded), while 1,264 were denied, resulting in a denial rate of 15.1%.
What is the mortgage denial rate in Kenton County?
The mortgage denial rate in Kenton County is 15.1%. The approval (origination) rate is 56.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Kenton County?
The average mortgage loan amount in Kenton County is $206,990. The average interest rate is 7.401%. The average applicant income is $37K.
What is the loan-to-income ratio in Kenton County?
The average loan-to-income ratio in Kenton County is 5.6x, meaning borrowers took on loans averaging 5.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Kenton County?
The top mortgage lenders in Kenton County by origination volume are Huntington National Bank, Fifth Third Bank, National Association, United Wholesale Mortgage. In total, 265 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.