PlainLender

The Cecilian Bank

Elizabethtown, KY

The Cecilian Bank processed 878 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 609 loans with a 6.8% denial rate. Home Purchase was the primary loan purpose. Based in Elizabethtown, KY. The approval rate of 69.4% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. The Cecilian Bank processed 878 HMDA-reported mortgage applications in 2024, originating 609 loans and denying 60 for a denial rate of 6.8% (applicants themselves withdrew 100 files before a decision). The average loan amount was $185,057 at a 8.196% average note rate, and applicants self-reported an average income of $33,000. The lender reports under LEI 549300S2RLEOF6WG7P87 from Elizabethtown, KY.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. The Cecilian Bank's 69.4% origination rate tells you how often an application turned into funded money; the 6.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (821 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

878
Applications
609
Originated
6.8%
Denial Rate
$185,057
Avg Loan Amount
Avg Interest Rate: 8.196% Avg Applicant Income: $33,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 821 609 57 $185,487
FHA 35 0 1 $173,000
USDA 19 0 2 $166,579
VA 3 0 0 $325,000

Top loan types — The Cecilian Bank

Top loan types — The Cecilian Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — The Cecilian Bank Top 4 1. Conventional 821 2. FHA 35 3. USDA 19 4. VA 3 Top 5 loan types by application volume at The Cecilian Bank (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for The Cecilian Bank (LEI: 549300S2RLEOF6WG7P87) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
46
Debt-to-income ratio
27
Other
3
Collateral
3
Employment history
2
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 429 254 $275,350
Other 152 117 $71,184
Cash-out Refinancing 126 107 $131,190
Home Improvement 118 93 $71,441
Refinancing 53 38 $161,792

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 777 68.1% 7.1%
Black or African American 10 40.0% 10.0%
Asian 7 14.3% 42.9%
Joint 5 60.0% 0.0%
Native Hawaiian or Other Pacific Islander 1 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 793 67.2% 7.3%
Joint 6 66.7% 16.7%
Hispanic or Latino 3 100.0% 0.0%

Nearby Lenders in KY

Other HMDA-reporting lenders in KY with similar activity. Compare any two side-by-side.

STOCKTON MORTGAGE CORPORATION

FRANKFORT, KY

12,011 apps 7,797 originated 6.5% denied

Liberty Federal Credit Union

Louisville, KY

6,132 apps 4,679 originated 7.9% denied

FARM CREDIT MID-AMERICA, ACA

LOUISVILLE, KY

5,902 apps 4,311 originated 10.4% denied

MAGNOLIA BANK

Elizabethtown, KY

5,338 apps 4,002 originated 7.8% denied

REPUBLIC BANK & TRUST

LOUISVILLE, KY

3,866 apps 2,192 originated 13.1% denied
Compare The Cecilian Bank vs STOCKTON MORTGAGE CORPORATION →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

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Frequently Asked Questions

How many mortgage applications did The Cecilian Bank process?
The Cecilian Bank processed 878 mortgage applications in the 2023 HMDA reporting year. Of these, 609 were originated (approved and funded), 100 were withdrawn by the applicant, and 60 were denied.
What is The Cecilian Bank's mortgage approval rate?
The Cecilian Bank has an approval (origination) rate of 69.4%, meaning 69.4% of all applications resulted in a funded mortgage. The denial rate is 6.8%.
What is the average loan amount at The Cecilian Bank?
The average mortgage loan amount at The Cecilian Bank is $185,057. The average interest rate is 8.196%. The average applicant income is $33,000.
What are the most common reasons for mortgage denial at The Cecilian Bank?
The most common reasons for mortgage denial at The Cecilian Bank are: Credit history, Debt-to-income ratio, Other. In total, 60 applications were denied out of 878 total applications.
What types of mortgage loans does The Cecilian Bank offer?
The Cecilian Bank processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 821 applications and an average loan amount of $185,487.
What loan purposes does The Cecilian Bank serve?
The Cecilian Bank serves the following loan purposes: Home Purchase (429 applications), Other (152 applications), Cash-out Refinancing (126 applications), Home Improvement (118 applications), Refinancing (53 applications). Home Purchase is the most common purpose.
Where is The Cecilian Bank located?
The Cecilian Bank is headquartered in Elizabethtown, KY. The lender is identified by LEI 549300S2RLEOF6WG7P87 in HMDA data.
How does The Cecilian Bank compare in lending across racial demographics?
The Cecilian Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 68.1% and denial rate of 7.1%; Black or African American applicants have an approval rate of 40.0% and denial rate of 10.0%; Asian applicants have an approval rate of 14.3% and denial rate of 42.9%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.