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2024 data HMDA 2024 disclosure official source

Taylor County

639 mortgage applications, 22.9% denial rate. Verify FIPS 21217 with U.S. Census Bureau →

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Kentucky · FIPS 21217

Local mortgage market. Taylor County, Kentucky saw 639 HMDA-reported mortgage applications in 2024. Lenders originated 331 of those loans and denied 146, producing a denial rate of 22.9% and an approval (origination) rate of 51.8%. The average loan amount was $160,853 at an average note rate of 7.33%, with applicants self-reporting average annual income of $36K. 71 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.5x, meaning typical borrowers took on mortgages of about 4.5 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 21217 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

639
Applications
331
Originated
22.9%
Denial Rate
51.8%
Approval Rate
$160,853
Avg Loan Amount
7.33%
Avg Interest Rate
$36K
Avg Applicant Income
4.5x
Loan-to-Income Ratio

Nearby Lenders in Taylor 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 Community Trust Bank, Inc. 78 23.6%
2 Abound Federal Credit Union 46 13.9%
3 Forcht Bank, N.A. 31 9.4%
4 Rocket Mortgage 26 7.9%
5 Stockton Mortgage Corporation 22 6.6%
Compare Community Trust Bank, Inc. vs Abound Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Taylor County?
In the 2024 HMDA reporting year, 639 mortgage applications were filed in Taylor County, Kentucky. Of these, 331 were originated (approved and funded), while 146 were denied, resulting in a denial rate of 22.9%.
What is the mortgage denial rate in Taylor County?
The mortgage denial rate in Taylor County is 22.9%. The approval (origination) rate is 51.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Taylor County?
The average mortgage loan amount in Taylor County is $160,853. The average interest rate is 7.333%. The average applicant income is $36K.
What is the loan-to-income ratio in Taylor County?
The average loan-to-income ratio in Taylor County is 4.5x, meaning borrowers took on loans averaging 4.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Taylor County?
The top mortgage lenders in Taylor County by origination volume are Community Trust Bank, Inc., Abound Federal Credit Union, Forcht Bank, N.A.. In total, 71 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.