Madison County
Kentucky · FIPS 21151
According to CFPB HMDA 2024 application volume among U.S. counties, Madison County ranks #594 of 3,223, and #9 of 120 in Kentucky.
Mortgage lending activity in Madison 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. Madison County, Kentucky lenders denied 667 of the applications reported here, financing the rest at an average note rate of 7.23%, with applicants self-reporting average annual income of $37K. 188 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 5.9x, meaning typical borrowers took on mortgages of about 5.9 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 Madison County
In Madison County, lead originator Whitaker Bank INC funded only 6.9% of 2,166 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 17.0% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Madison County's 4,050 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Madison County's $217,511 average loan (deduped against volume peers).
Lenders active in Madison County
Whitaker Bank INC funded 150 of the 2,166 loans originated in Madison County, 6.9% of the county. 188 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Whitaker Bank INC | 150 | 6.9% |
| 2 | Rocket Mortgage | 113 | 5.2% |
| 3 | Ark-La-Tex Financial Services LLC | 106 | 4.9% |
| 4 | Us Bank, N.A. | 101 | 4.7% |
| 5 | Geneva Financial LLC | 86 | 4.0% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Madison 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 Madison 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.