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2024 data HMDA 2024 disclosure official source

Union County

293 mortgage applications, 25.6% denial rate. Verify FIPS 21225 with U.S. Census Bureau →

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Kentucky · FIPS 21225

Local mortgage market. Union County, Kentucky saw 293 HMDA-reported mortgage applications in 2024. Lenders originated 140 of those loans and denied 75, producing a denial rate of 25.6% and an approval (origination) rate of 47.8%. The average loan amount was $139,915 at an average note rate of 7.40%, with applicants self-reporting average annual income of $35K. 39 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.

FIPS 21225 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

293
Applications
140
Originated
25.6%
Denial Rate
47.8%
Approval Rate
$139,915
Avg Loan Amount
7.40%
Avg Interest Rate
$35K
Avg Applicant Income
4.0x
Loan-to-Income Ratio

Nearby Lenders in Union 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 Fifth Third Bank, National Association 31 22.1%
2 Liberty Federal Credit Union 12 8.6%
3 Das Acquisition Company, LLC 11 7.9%
4 Rocket Mortgage 8 5.7%
5 Planters Bank, INC. 8 5.7%
Compare Fifth Third Bank, National Association vs Liberty Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Union County?
In the 2024 HMDA reporting year, 293 mortgage applications were filed in Union County, Kentucky. Of these, 140 were originated (approved and funded), while 75 were denied, resulting in a denial rate of 25.6%.
What is the mortgage denial rate in Union County?
The mortgage denial rate in Union County is 25.6%. The approval (origination) rate is 47.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Union County?
The average mortgage loan amount in Union County is $139,915. The average interest rate is 7.404%. The average applicant income is $35K.
What is the loan-to-income ratio in Union County?
The average loan-to-income ratio in Union County is 4.0x, meaning borrowers took on loans averaging 4.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Union County?
The top mortgage lenders in Union County by origination volume are Fifth Third Bank, National Association, Liberty Federal Credit Union, Das Acquisition Company, LLC. In total, 39 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.