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2024 data HMDA 2024 disclosure official source

Whitley County

1,336 mortgage applications, 32.1% denial rate. Verify FIPS 21235 with U.S. Census Bureau →

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Kentucky · FIPS 21235

Local mortgage market. Whitley County, Kentucky saw 1,336 HMDA-reported mortgage applications in 2024. Lenders originated 509 of those loans and denied 429, producing a denial rate of 32.1% and an approval (origination) rate of 38.1%. The average loan amount was $138,473 at an average note rate of 7.65%, with applicants self-reporting average annual income of $36K. 89 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.8x, meaning typical borrowers took on mortgages of about 3.8 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 21235 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,336
Applications
509
Originated
32.1%
Denial Rate
38.1%
Approval Rate
$138,473
Avg Loan Amount
7.65%
Avg Interest Rate
$36K
Avg Applicant Income
3.8x
Loan-to-Income Ratio

Nearby Lenders in Whitley 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. 120 23.6%
2 L&N Federal Credit Union 64 12.6%
3 Rocket Mortgage 37 7.3%
4 Vanderbilt Mortgage and Finance, INC 31 6.1%
5 Equity Prime Mortgage LLC 16 3.1%
Compare Community Trust Bank, Inc. vs L&N Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Whitley County?
In the 2024 HMDA reporting year, 1,336 mortgage applications were filed in Whitley County, Kentucky. Of these, 509 were originated (approved and funded), while 429 were denied, resulting in a denial rate of 32.1%.
What is the mortgage denial rate in Whitley County?
The mortgage denial rate in Whitley County is 32.1%. The approval (origination) rate is 38.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Whitley County?
The average mortgage loan amount in Whitley County is $138,473. The average interest rate is 7.651%. The average applicant income is $36K.
What is the loan-to-income ratio in Whitley County?
The average loan-to-income ratio in Whitley County is 3.8x, meaning borrowers took on loans averaging 3.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Whitley County?
The top mortgage lenders in Whitley County by origination volume are Community Trust Bank, Inc., L&N Federal Credit Union, Rocket Mortgage. In total, 89 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.