Top Mortgage Lenders in the Mount Sterling, KY area

Which mortgage lender in the Mount Sterling, 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 Mount Sterling, 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 Mount Sterling, KY area is Kentucky Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.13%. This means that Kentucky Bank provided a -0.13% lower interest rate for its customers than other lenders in Mount Sterling, KY for a similar set of borrowers. Kentucky Bank has a market share of 26.0%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 26.7%. Quicken Loans is an average rate lender in this area, with a “Rate Difference” of +0.06% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Mount Sterling, 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 Mount Sterling, KY is Kentucky Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Kentucky Bank. 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.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.13% 26.03%
Us Bank 2, 0.01% 11.75%
Republic State Mortgage Co 3, 0.04% 13.02%
Stockton Mortgage Corporation 4, 0.05% 9.84%
Quicken Loans 5, 0.06% 26.67%
GoPrime Mortgage Inc 6, 0.07% 12.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.12% 21.76%
Us Bank 2, -0.03% 10.36%
Republic State Mortgage Co 3, 0.03% 19.69%
Quicken Loans 4, 0.04% 16.06%
Stockton Mortgage Corporation 5, 0.05% 13.99%
GoPrime Mortgage Inc 6, 0.06% 18.13%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.14% 32.79%
GoPrime Mortgage Inc 2, 0.02% 4.10%
Republic State Mortgage Co 3, 0.02% 2.46%
Stockton Mortgage Corporation 4, 0.02% 3.28%
Us Bank 5, 0.07% 13.93%
Quicken Loans 6, 0.08% 43.44%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.13% 39.44%
Us Bank 2, 0.03% 18.33%
Republic State Mortgage Co 3, 0.04% 5.56%
Stockton Mortgage Corporation 4, 0.06% 5.00%
GoPrime Mortgage Inc 5, 0.10% 7.22%
Quicken Loans 6, 0.13% 24.44%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.11% 34.44%
Us Bank 2, -0.01% 17.78%
Republic State Mortgage Co 3, 0.05% 8.89%
Stockton Mortgage Corporation 4, 0.06% 7.78%
Quicken Loans 5, 0.09% 18.89%
GoPrime Mortgage Inc 6, 0.11% 12.22%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.14% 44.44%
GoPrime Mortgage Inc 2, 0.01% 2.22%
Republic State Mortgage Co 3, 0.02% 2.22%
Stockton Mortgage Corporation 4, 0.03% 2.22%
Us Bank 5, 0.07% 18.89%
Quicken Loans 6, 0.16% 30.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.12% 8.04%
Quicken Loans 2, -0.04% 27.68%
Us Bank 3, -0.04% 2.68%
Republic State Mortgage Co 4, 0.02% 25.89%
GoPrime Mortgage Inc 5, 0.04% 19.64%
Stockton Mortgage Corporation 6, 0.05% 16.07%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.14% 10.11%
Us Bank 2, -0.06% 3.37%
Quicken Loans 3, 0.00% 12.36%
Republic State Mortgage Co 4, 0.01% 31.46%
Stockton Mortgage Corporation 5, 0.03% 20.22%
GoPrime Mortgage Inc 6, 0.03% 22.47%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 86.96%
Republic State Mortgage Co 2, 0.05% 4.35%
GoPrime Mortgage Inc 3, 0.05% 8.70%
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Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.02% 8.70%
Stockton Mortgage Corporation 2, -0.01% 17.39%
Quicken Loans 3, 0.00% 39.13%
Us Bank 4, 0.00% 4.35%
GoPrime Mortgage Inc 5, 0.01% 21.74%
Kentucky Bank 6, 0.01% 8.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.01% 14.29%
Quicken Loans 2, -0.01% 21.43%
Stockton Mortgage Corporation 3, -0.01% 14.29%
Us Bank 4, 0.00% 7.14%
GoPrime Mortgage Inc 5, 0.01% 28.57%
Kentucky Bank 6, 0.01% 14.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
GoPrime Mortgage Inc 1, -0.02% 11.11%
Stockton Mortgage Corporation 2, -0.01% 22.22%
Quicken Loans 3, 0.01% 66.67%

* Data is compiled for the Mount Sterling, KY commuting zone area, which comprises of counties of Bath County, KY, Carter County, KY, Elliott County, KY, Menifee County, KY, Montgomery County, KY, Morgan County, KY, and Rowan County, KY. This includes cities/towns/communities of Mount Sterling, KY as well as Morehead, KY, Grayson, KY, Frenchburg, KY, Jeffersonville, KY, Camargo, KY, Owingsville, KY, West Liberty, KY, Olive Hill, KY, Salt Lick, KY, Sandy Hook, KY, Ezel, KY, and Sharpsburg, 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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