Top Mortgage Lenders in the Bowling Green, KY area

Which mortgage lender in the Bowling Green, 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 Bowling Green, 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 Bowling Green, KY area is Republic State Mortgage Co, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.07%. This means that Republic State Mortgage Co provided a -0.07% lower interest rate for its customers than other lenders in Bowling Green, KY for a similar set of borrowers. Republic State Mortgage Co has a market share of 10.4%. On the other hand, the most popular lender in the market is Us Bank, with a market share of 12.6%. Us Bank is an average rate lender in this area, with a “Rate Difference” of -0.03% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Bowling Green, 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 Bowling Green, KY is Republic State Mortgage Co. 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 Truist 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 also Magnolia Bank Incorporated. 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
Republic State Mortgage Co 1, -0.07% 10.38%
Independence Bank of Kentucky 2, -0.07% 1.62%
German American Bank 3, -0.06% 3.10%
Atlantic Bay Mortgage Group 4, -0.06% 2.81%
Magnolia Bank Incorporated 5, -0.05% 8.67%
Citizens Bank 6, -0.03% 9.48%
Truist Bank 7, -0.03% 5.86%
Us Bank 8, -0.03% 12.57%
South Central Bank Inc 9, -0.03% 8.00%
Evansville Teachers Federal Credit Union 10, 0.01% 2.76%
Bank of England 11, 0.02% 3.24%
Edmonton State Bank 12, 0.04% 2.76%
Pnc Bank 13, 0.05% 2.43%
Stockton Mortgage Corporation 14, 0.05% 6.86%
Century Mortgage Company DBA Century Lending Company 15, 0.08% 4.14%
Quicken Loans 16, 0.09% 11.14%
Movement Mortgage 17, 0.14% 4.19%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
German American Bank 1, -0.09% 2.53%
Us Bank 2, -0.08% 12.98%
Magnolia Bank Incorporated 3, -0.06% 7.13%
Atlantic Bay Mortgage Group 4, -0.06% 4.28%
Independence Bank of Kentucky 5, -0.06% 1.43%
Republic State Mortgage Co 6, -0.04% 12.91%
Citizens Bank 7, -0.04% 8.08%
Truist Bank 8, -0.03% 6.89%
South Central Bank Inc 9, -0.00% 6.65%
Pnc Bank 10, 0.01% 1.90%
Evansville Teachers Federal Credit Union 11, 0.02% 2.61%
Bank of England 12, 0.02% 4.91%
Quicken Loans 13, 0.07% 5.30%
Edmonton State Bank 14, 0.07% 2.45%
Stockton Mortgage Corporation 15, 0.09% 8.55%
Century Mortgage Company DBA Century Lending Company 16, 0.09% 6.10%
Movement Mortgage 17, 0.18% 5.30%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.15% 6.57%
Independence Bank of Kentucky 2, -0.07% 1.91%
South Central Bank Inc 3, -0.05% 10.04%
Stockton Mortgage Corporation 4, -0.05% 4.30%
Truist Bank 5, -0.05% 4.30%
German American Bank 6, -0.04% 3.94%
Citizens Bank 7, -0.03% 11.59%
Magnolia Bank Incorporated 8, -0.03% 10.99%
Movement Mortgage 9, -0.01% 2.51%
Atlantic Bay Mortgage Group 10, -0.01% 0.60%
Edmonton State Bank 11, 0.01% 3.23%
Evansville Teachers Federal Credit Union 12, 0.01% 2.99%
Bank of England 13, 0.03% 0.72%
Century Mortgage Company DBA Century Lending Company 14, 0.03% 1.19%
Us Bank 15, 0.05% 11.95%
Pnc Bank 16, 0.09% 3.23%
Quicken Loans 17, 0.10% 19.95%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.13% 8.16%
Independence Bank of Kentucky 2, -0.07% 2.09%
German American Bank 3, -0.07% 3.59%
Atlantic Bay Mortgage Group 4, -0.06% 2.28%
Citizens Bank 5, -0.03% 11.62%
Truist Bank 6, -0.03% 7.44%
Us Bank 7, -0.03% 14.82%
Magnolia Bank Incorporated 8, -0.02% 8.55%
South Central Bank Inc 9, -0.01% 8.94%
Bank of England 10, 0.03% 2.35%
Stockton Mortgage Corporation 11, 0.03% 4.90%
Evansville Teachers Federal Credit Union 12, 0.04% 2.81%
Edmonton State Bank 13, 0.05% 3.79%
Pnc Bank 14, 0.06% 3.20%
Century Mortgage Company DBA Century Lending Company 15, 0.11% 2.61%
Quicken Loans 16, 0.14% 8.88%
Movement Mortgage 17, 0.16% 3.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.11% 10.11%
German American Bank 2, -0.10% 2.73%
Us Bank 3, -0.08% 15.93%
Atlantic Bay Mortgage Group 4, -0.07% 3.69%
Independence Bank of Kentucky 5, -0.06% 2.02%
Citizens Bank 6, -0.03% 9.87%
Truist Bank 7, -0.02% 9.63%
Magnolia Bank Incorporated 8, -0.01% 5.95%
Pnc Bank 9, 0.02% 2.62%
South Central Bank Inc 10, 0.02% 7.49%
Bank of England 11, 0.03% 3.69%
Evansville Teachers Federal Credit Union 12, 0.07% 2.38%
Edmonton State Bank 13, 0.08% 3.69%
Stockton Mortgage Corporation 14, 0.09% 5.83%
Quicken Loans 15, 0.11% 4.99%
Century Mortgage Company DBA Century Lending Company 16, 0.13% 3.80%
Movement Mortgage 17, 0.22% 5.59%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.19% 5.79%
Stockton Mortgage Corporation 2, -0.08% 3.76%
Independence Bank of Kentucky 3, -0.08% 2.17%
South Central Bank Inc 4, -0.05% 10.71%
Truist Bank 5, -0.05% 4.78%
German American Bank 6, -0.04% 4.63%
Citizens Bank 7, -0.03% 13.75%
Magnolia Bank Incorporated 8, -0.03% 11.72%
Movement Mortgage 9, -0.02% 2.03%
Atlantic Bay Mortgage Group 10, -0.01% 0.58%
Edmonton State Bank 11, 0.01% 3.91%
Evansville Teachers Federal Credit Union 12, 0.01% 3.33%
Century Mortgage Company DBA Century Lending Company 13, 0.03% 1.16%
Bank of England 14, 0.03% 0.72%
Us Bank 15, 0.05% 13.46%
Pnc Bank 16, 0.09% 3.91%
Quicken Loans 17, 0.16% 13.60%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Magnolia Bank Incorporated 1, -0.13% 8.98%
South Central Bank Inc 2, -0.08% 5.91%
Atlantic Bay Mortgage Group 3, -0.07% 4.02%
Evansville Teachers Federal Credit Union 4, -0.06% 3.07%
Citizens Bank 5, -0.05% 3.07%
Us Bank 6, -0.04% 7.80%
German American Bank 7, -0.03% 1.89%
Pnc Bank 8, -0.02% 0.47%
Truist Bank 9, -0.01% 0.47%
Quicken Loans 10, 0.00% 15.37%
Bank of England 11, 0.02% 5.67%
Republic State Mortgage Co 12, 0.03% 16.55%
Century Mortgage Company DBA Century Lending Company 13, 0.06% 8.75%
Stockton Mortgage Corporation 14, 0.08% 12.53%
Movement Mortgage 15, 0.10% 5.44%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Magnolia Bank Incorporated 1, -0.15% 10.15%
South Central Bank Inc 2, -0.08% 5.07%
Atlantic Bay Mortgage Group 3, -0.08% 4.78%
Evansville Teachers Federal Credit Union 4, -0.07% 3.58%
Us Bank 5, -0.06% 8.66%
Citizens Bank 6, -0.05% 3.88%
German American Bank 7, -0.04% 2.09%
Pnc Bank 8, -0.03% 0.60%
Truist Bank 9, -0.02% 0.60%
Quicken Loans 10, 0.00% 6.27%
Bank of England 11, 0.01% 7.16%
Republic State Mortgage Co 12, 0.04% 17.31%
Century Mortgage Company DBA Century Lending Company 13, 0.06% 10.45%
Stockton Mortgage Corporation 14, 0.09% 14.03%
Movement Mortgage 15, 0.12% 5.37%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
South Central Bank Inc 1, -0.07% 9.09%
Republic State Mortgage Co 2, -0.05% 13.64%
Magnolia Bank Incorporated 3, -0.00% 4.55%
Atlantic Bay Mortgage Group 4, 0.01% 1.14%
Quicken Loans 5, 0.01% 50.00%
German American Bank 6, 0.02% 1.14%
Evansville Teachers Federal Credit Union 7, 0.02% 1.14%
Century Mortgage Company DBA Century Lending Company 8, 0.03% 2.27%
Us Bank 9, 0.03% 4.55%
Movement Mortgage 10, 0.03% 5.68%
Stockton Mortgage Corporation 11, 0.04% 6.82%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.00% 44.44%
German American Bank 2, 0.00% 11.11%
Independence Bank of Kentucky 3, 0.00% 22.22%
Us Bank 4, 0.00% 22.22%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
German American Bank 1, 0.00% 33.33%
Independence Bank of Kentucky 2, 0.00% 33.33%
Truist Bank 3, 0.00% 33.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.00% 50.00%
Us Bank 2, 0.00% 33.33%
Independence Bank of Kentucky 3, 0.00% 16.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Magnolia Bank Incorporated 1, -0.04% 9.56%
Atlantic Bay Mortgage Group 2, -0.03% 5.15%
Truist Bank 3, -0.02% 2.21%
German American Bank 4, -0.01% 0.74%
Movement Mortgage 5, -0.01% 2.94%
South Central Bank Inc 6, -0.01% 4.41%
Citizens Bank 7, -0.01% 5.88%
Us Bank 8, 0.00% 1.47%
Republic State Mortgage Co 9, 0.00% 16.91%
Bank of England 10, 0.00% 5.88%
Evansville Teachers Federal Credit Union 11, 0.01% 1.47%
Quicken Loans 12, 0.01% 24.26%
Century Mortgage Company DBA Century Lending Company 13, 0.01% 7.35%
Stockton Mortgage Corporation 14, 0.02% 11.76%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Magnolia Bank Incorporated 1, -0.07% 7.14%
Quicken Loans 2, -0.04% 4.76%
Atlantic Bay Mortgage Group 3, -0.03% 8.33%
Truist Bank 4, -0.02% 3.57%
South Central Bank Inc 5, -0.02% 4.76%
German American Bank 6, -0.01% 1.19%
Citizens Bank 7, 0.01% 7.14%
Movement Mortgage 8, 0.01% 2.38%
Bank of England 9, 0.01% 8.33%
Republic State Mortgage Co 10, 0.01% 23.81%
Us Bank 11, 0.01% 1.19%
Century Mortgage Company DBA Century Lending Company 12, 0.02% 11.90%
Evansville Teachers Federal Credit Union 13, 0.02% 1.19%
Stockton Mortgage Corporation 14, 0.03% 14.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Citizens Bank 1, -0.04% 3.85%
Republic State Mortgage Co 2, -0.04% 5.77%
Movement Mortgage 3, -0.03% 3.85%
Us Bank 4, -0.01% 1.92%
Evansville Teachers Federal Credit Union 5, -0.01% 1.92%
Stockton Mortgage Corporation 6, -0.01% 7.69%
Bank of England 7, -0.01% 1.92%
Magnolia Bank Incorporated 8, -0.01% 13.46%
South Central Bank Inc 9, 0.01% 3.85%
Quicken Loans 10, 0.01% 55.77%

* Data is compiled for the Bowling Green, KY commuting zone area, which comprises of counties of Allen County, KY, Butler County, KY, Edmonson County, KY, Simpson County, KY, and Warren County, KY. This includes cities/towns/communities of Bowling Green, KY as well as Franklin, KY, Scottsville, KY, Woodburn, KY, Brownsville, KY, Smiths Grove, KY, Plum Springs, KY, Woodbury, KY, and Rochester, 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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