Laurel County
Kentucky · FIPS 21125
According to CFPB HMDA 2024 application volume among U.S. counties, Laurel County ranks #817 of 3,210, and #13 of 120 in Kentucky.
Mortgage lending activity in Laurel 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. Laurel County, Kentucky saw 2,462 HMDA-reported mortgage applications in 2024. Lenders originated 968 of those loans and denied 707, producing a denial rate of 28.7% and an approval (origination) rate of 39.3%. The average loan amount was $145,597 at an average note rate of 7.60%, with applicants self-reporting average annual income of $36K. 124 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.0x, meaning typical borrowers took on mortgages of about 4.0 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 Laurel County
In Laurel County, lead originator L&N Federal Credit Union funded 14.3% of 968 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 31.5% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Laurel County's 2,462 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Laurel County's $145,597 average loan (deduped against volume peers).
Lenders active in Laurel County
L&N Federal Credit Union funded 138 of the 968 loans originated in Laurel County, 14.3% of the county. 124 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | L&N Federal Credit Union | 138 | 14.3% |
| 2 | Community Trust Bank, Inc. | 85 | 8.8% |
| 3 | Rocket Mortgage | 82 | 8.5% |
| 4 | Vanderbilt Mortgage and Finance, INC | 49 | 5.1% |
| 5 | Polaris Home Funding Corp. | 46 | 4.8% |
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; does not constitute financial advice for Laurel County borrowers.
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 Laurel County 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. 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.