Top Mortgage Lenders in the Paducah, KY area

Which mortgage lender in the Paducah, KY area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Paducah, KY area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Paducah, KY area is Crescent Mortgage Company, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.11%. This means that Crescent Mortgage Company provided a -0.11% lower interest rate for its customers than other lenders in Paducah, KY for a similar set of borrowers. Crescent Mortgage Company has a market share of 6.7%. On the other hand, the most popular lender in the market is Us Bank, with a market share of 23.7%. Us Bank is an average rate lender in this area, with a “Rate Difference” of -0.04% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Paducah, KY area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Paducah, KY is Crescent Mortgage Company. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Us Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Magnolia Bank Incorporated. The cheapest VA mortgage provider is Acopia Capital Group. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Crescent Mortgage Company 1, -0.11% 6.67%
Magnolia Bank Incorporated 2, -0.08% 8.93%
Truist Bank 3, -0.07% 4.81%
Independence Bank of Kentucky 4, -0.06% 8.34%
Us Bank 5, -0.04% 23.75%
Agfirst Farm Credit Bank 6, 0.04% 3.24%
Supreme Lending/ Everett Financial Inc 7, 0.05% 6.38%
Acopia Capital Group 8, 0.05% 5.00%
Quicken Loans 9, 0.06% 22.18%
Regions Bank 10, 0.09% 10.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.07% 4.52%
Magnolia Bank Incorporated 2, -0.07% 11.71%
Crescent Mortgage Company 3, -0.05% 6.52%
Us Bank 4, -0.03% 30.10%
Independence Bank of Kentucky 5, -0.02% 8.03%
Regions Bank 6, 0.03% 8.36%
Agfirst Farm Credit Bank 7, 0.06% 1.84%
Quicken Loans 8, 0.07% 13.38%
Supreme Lending/ Everett Financial Inc 9, 0.08% 9.20%
Acopia Capital Group 10, 0.10% 6.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Crescent Mortgage Company 1, -0.18% 6.89%
Independence Bank of Kentucky 2, -0.12% 8.79%
Truist Bank 3, -0.08% 5.23%
Magnolia Bank Incorporated 4, -0.07% 4.99%
Acopia Capital Group 5, -0.06% 3.09%
Supreme Lending/ Everett Financial Inc 6, -0.03% 2.38%
Us Bank 7, -0.01% 14.73%
Agfirst Farm Credit Bank 8, 0.01% 5.23%
Quicken Loans 9, 0.04% 34.68%
Regions Bank 10, 0.14% 14.01%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Crescent Mortgage Company 1, -0.11% 8.14%
Truist Bank 2, -0.07% 6.54%
Independence Bank of Kentucky 3, -0.07% 11.21%
Magnolia Bank Incorporated 4, -0.06% 6.28%
Us Bank 5, -0.05% 27.10%
Agfirst Farm Credit Bank 6, 0.04% 4.41%
Supreme Lending/ Everett Financial Inc 7, 0.05% 5.61%
Acopia Capital Group 8, 0.06% 2.67%
Regions Bank 9, 0.11% 12.68%
Quicken Loans 10, 0.12% 15.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.07% 6.49%
Crescent Mortgage Company 2, -0.05% 7.69%
Us Bank 3, -0.05% 34.13%
Magnolia Bank Incorporated 4, -0.03% 6.97%
Independence Bank of Kentucky 5, -0.01% 11.54%
Regions Bank 6, 0.05% 9.13%
Agfirst Farm Credit Bank 7, 0.07% 2.64%
Supreme Lending/ Everett Financial Inc 8, 0.09% 8.17%
Acopia Capital Group 9, 0.11% 3.61%
Quicken Loans 10, 0.12% 9.62%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Crescent Mortgage Company 1, -0.19% 8.71%
Independence Bank of Kentucky 2, -0.14% 10.81%
Magnolia Bank Incorporated 3, -0.09% 5.41%
Truist Bank 4, -0.09% 6.61%
Supreme Lending/ Everett Financial Inc 5, -0.03% 2.40%
Acopia Capital Group 6, -0.03% 1.50%
Us Bank 7, -0.02% 18.32%
Agfirst Farm Credit Bank 8, 0.00% 6.61%
Quicken Loans 9, 0.10% 22.52%
Regions Bank 10, 0.13% 17.12%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Magnolia Bank Incorporated 1, -0.13% 17.11%
Crescent Mortgage Company 2, -0.03% 3.74%
Quicken Loans 3, -0.00% 41.71%
Regions Bank 4, 0.00% 2.67%
Us Bank 5, 0.05% 13.37%
Supreme Lending/ Everett Financial Inc 6, 0.07% 9.09%
Acopia Capital Group 7, 0.09% 12.30%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Magnolia Bank Incorporated 1, -0.14% 21.90%
Crescent Mortgage Company 2, -0.04% 5.11%
Regions Bank 3, -0.01% 3.65%
Quicken Loans 4, 0.02% 24.82%
Us Bank 5, 0.04% 18.25%
Supreme Lending/ Everett Financial Inc 6, 0.07% 10.95%
Acopia Capital Group 7, 0.09% 15.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 88.00%
Acopia Capital Group 2, 0.00% 4.00%
Supreme Lending/ Everett Financial Inc 3, 0.02% 4.00%
Magnolia Bank Incorporated 4, 0.02% 4.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.00% 75.00%
Independence Bank of Kentucky 2, 0.00% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Independence Bank of Kentucky 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Acopia Capital Group 1, -0.05% 10.13%
Us Bank 2, -0.03% 13.92%
Magnolia Bank Incorporated 3, -0.02% 15.19%
Regions Bank 4, -0.02% 11.39%
Quicken Loans 5, 0.02% 41.77%
Supreme Lending/ Everett Financial Inc 6, 0.04% 7.59%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.02% 23.81%
Magnolia Bank Incorporated 2, -0.01% 26.19%
Regions Bank 3, -0.01% 16.67%
Acopia Capital Group 4, 0.02% 4.76%
Quicken Loans 5, 0.02% 14.29%
Supreme Lending/ Everett Financial Inc 6, 0.05% 14.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Acopia Capital Group 1, -0.08% 16.22%
Us Bank 2, -0.01% 2.70%
Regions Bank 3, -0.00% 5.41%
Magnolia Bank Incorporated 4, 0.00% 2.70%
Quicken Loans 5, 0.02% 72.97%

* Data is compiled for the Paducah, KY commuting zone area, which comprises of counties of Ballard County, KY, Calloway County, KY, Carlisle County, KY, Graves County, KY, Livingston County, KY, McCracken County, KY, and Marshall County, KY. This includes cities/towns/communities of Paducah, KY as well as Murray, KY, Hendron, KY, Reidland, KY, Mayfield, KY, Grand Rivers, KY, Dexter, KY, Benton, KY, Hardin, KY, Gilbertsville, KY, Symsonia, KY, Pryorsburg, KY, Calvert City, KY, Kevil, KY, Hazel, KY, Farley, KY, Lowes, KY, Wingo, KY, Sedalia, KY, Fancy Farm, KY, Farmington, KY, Blandville, KY, Salem, KY, Bardwell, KY, Arlington, KY, and Barlow, KY. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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