Independence Bank of Kentucky: 2025 mortgage rates, costs & approvals
How Independence Bank of Kentucky priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: Independence Bank of Kentucky · LEI 5493002N5OA6GM61AC70
In 2025, Independence Bank of Kentucky originated 302 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 6 states — 972nd by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.50% (all lenders: 6.625%); its median rate spread was 16 basis points above the national median. Median conventional loan costs were $3,460, 38% lower than the national median ($5,570).
It denied 17.2% of completed home-purchase applications (all lenders: 8.5%).
How Independence Bank of Kentucky priced home-purchase loans
| Purchase loans, 2025 | Independence Bank of Kentucky | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.500% | 6.625% |
| 30-year fixed rate · FHA | — | 6.250% |
| 30-year fixed rate · VA | — | 6.125% |
| 15-year fixed rate · conventional | — | 5.875% |
| Rate spread vs. APOR · conventional | +0.29 pts | +0.13 pts |
| Total loan costs · conventional | $3,460 | $5,570 |
| Total loan costs · FHA | — | $11,310 |
| Total loan costs · VA | — | $6,490 |
| Origination charges (all types) | $1,450 | $1,860 |
| Borrowers paying discount points | 8.7% | 51.3% |
| Points paid, when paid (% of loan) | 0.14% | 0.87% |
| Borrowers receiving lender credits | 62.6% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Why Independence Bank of Kentucky denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Independence Bank of Kentucky lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Kentucky | 293 | 376 | 17.7% | 6.500% | $3,430 |
| Tennessee | 4 | 4 | — | — | — |
| Indiana | 2 | 2 | — | — | — |
| Florida | 1 | 1 | — | — | — |
| New Jersey | 1 | 1 | — | — | — |
| South Carolina | 1 | 1 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Independence Bank of Kentucky's page for that state.
Counties where Independence Bank of Kentucky is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Webster County, KY | 1 | 15 | 18.5% |
| Hancock County, KY | 2 | 12 | 12.0% |
| Hopkins County, KY | 2 | 44 | 8.3% |
| McLean County, KY | 5 | 4 | 5.3% |
| Fulton County, KY | 3 | 2 | 5.1% |
| Calloway County, KY | 7 | 16 | 4.7% |
| Henderson County, KY | 5 | 24 | 4.5% |
| Daviess County, KY | 6 | 58 | 4.5% |
| Carlisle County, KY | 3 | 2 | 3.3% |
| Graves County, KY | 10 | 12 | 3.1% |
| McCracken County, KY | 12 | 23 | 2.8% |
| Ohio County, KY | 13 | 4 | 2.0% |
| Livingston County, KY | 22 | 1 | 1.5% |
| Caldwell County, KY | 17 | 2 | 1.5% |
| Franklin County, KY | 16 | 10 | 1.4% |
Check Independence Bank of Kentucky yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 5493002N5OA6GM61AC70.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Independence Bank of Kentucky with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology