Top Mortgage Lenders in Glasgow, KY

Which mortgage lender in the Glasgow, 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 Glasgow, 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 Glasgow, KY area is Truist Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.07%. This means that Truist Bank provided a -0.07% lower interest rate for its customers than other lenders in Glasgow, KY for a similar set of borrowers. Truist Bank has a market share of 6.3%. On the other hand, the most popular lender in the market is Edmonton State Bank, with a market share of 38.7%. Edmonton State Bank is an average rate lender in this area, with a “Rate Difference” of -0.01% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Glasgow, 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 Glasgow, KY is Truist Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is South Central Bank Inc. The cheapest VA mortgage provider is Republic State Mortgage Co. 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.

Ranking of Mortgage Lenders in Glasgow, KY

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.07% 6.28%
South Central Bank Inc 2, -0.01% 24.09%
Edmonton State Bank 3, -0.01% 38.66%
Us Bank 4, 0.02% 9.31%
Republic State Mortgage Co 5, 0.02% 6.28%
Quicken Loans 6, 0.05% 15.38%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.10% 10.16%
Edmonton State Bank 2, -0.01% 41.46%
Republic State Mortgage Co 3, 0.02% 10.98%
South Central Bank Inc 4, 0.02% 17.89%
Us Bank 5, 0.02% 10.16%
Quicken Loans 6, 0.04% 9.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
South Central Bank Inc 1, -0.03% 30.24%
Edmonton State Bank 2, -0.01% 35.89%
Truist Bank 3, 0.00% 2.42%
Republic State Mortgage Co 4, 0.01% 1.61%
Us Bank 5, 0.02% 8.47%
Quicken Loans 6, 0.05% 21.37%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.07% 7.33%
South Central Bank Inc 2, -0.01% 23.96%
Edmonton State Bank 3, -0.00% 46.70%
Republic State Mortgage Co 4, 0.02% 2.44%
Us Bank 5, 0.02% 10.27%
Quicken Loans 6, 0.08% 9.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.10% 12.06%
Edmonton State Bank 2, -0.00% 51.26%
Republic State Mortgage Co 3, 0.02% 3.52%
Us Bank 4, 0.03% 10.55%
South Central Bank Inc 5, 0.04% 15.08%
Quicken Loans 6, 0.07% 7.54%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
South Central Bank Inc 1, -0.03% 32.38%
Edmonton State Bank 2, -0.00% 42.38%
Republic State Mortgage Co 3, 0.00% 1.43%
Truist Bank 4, 0.01% 2.86%
Us Bank 5, 0.02% 10.00%
Quicken Loans 6, 0.09% 10.95%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
South Central Bank Inc 1, -0.03% 16.67%
Quicken Loans 2, -0.00% 46.67%
Us Bank 3, 0.00% 5.00%
Republic State Mortgage Co 4, 0.02% 31.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
South Central Bank Inc 1, -0.05% 17.65%
Quicken Loans 2, -0.01% 20.59%
Us Bank 3, 0.00% 8.82%
Republic State Mortgage Co 4, 0.02% 52.94%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
South Central Bank Inc 1, -0.02% 15.38%
Quicken Loans 2, 0.00% 80.77%
Republic State Mortgage Co 3, 0.01% 3.85%
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Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.01% 8.00%
South Central Bank Inc 2, -0.01% 44.00%
Truist Bank 3, -0.01% 4.00%
Us Bank 4, 0.00% 4.00%
Quicken Loans 5, 0.01% 40.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.01% 15.38%
Quicken Loans 2, -0.01% 7.69%
Truist Bank 3, 0.00% 7.69%
South Central Bank Inc 4, 0.00% 61.54%
Us Bank 5, 0.01% 7.69%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
South Central Bank Inc 1, -0.03% 25.00%
Quicken Loans 2, 0.01% 75.00%

* Data is compiled for the Glasgow, KY commuting zone area, which comprises of counties of Barren County, KY, Hart County, KY, Metcalfe County, KY, and Monroe County, KY. This includes cities/towns/communities of Glasgow, KY as well as Tompkinsville, KY, Edmonton, KY, Horse Cave, KY, Park City, KY, Cave City, KY, Munfordville, KY, Hardyville, KY, Bonnieville, KY, and Gamaliel, 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.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Glasgow, KY area. For mortgage lender rankings of other cities, click here.