Top Mortgage Lenders in London, KY

Which mortgage lender in the London, 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 London, 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 London, KY area is L&N Federal Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.13%. This means that L&N Federal Credit Union provided a -0.13% lower interest rate for its customers than other lenders in London, KY for a similar set of borrowers. L&N Federal Credit Union has a market share of 18.1%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 24.3%. Quicken Loans 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 London, 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 London, KY is L&N Federal Credit Union. 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 Forcht Bank National Association. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Forcht Bank National Association. The cheapest VA mortgage provider is also Forcht Bank National Association. 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 London, KY

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
L&N Federal Credit Union 1, -0.13% 18.06%
Community Trust Bank, Inc 2, -0.07% 7.29%
Forcht Bank National Association 3, -0.01% 8.33%
Quicken Loans 4, 0.01% 24.31%
Republic State Mortgage Co 5, 0.03% 6.60%
Bank of England 6, 0.04% 10.59%
Ark-La-Tex Financial Services 7, 0.05% 7.64%
Polaris Home Funding Corp 8, 0.07% 6.60%
Pnc Bank 9, 0.10% 10.59%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
L&N Federal Credit Union 1, -0.06% 12.91%
Forcht Bank National Association 2, -0.05% 6.95%
Community Trust Bank, Inc 3, -0.04% 4.64%
Quicken Loans 4, -0.00% 17.22%
Pnc Bank 5, 0.00% 4.97%
Republic State Mortgage Co 6, 0.01% 10.60%
Bank of England 7, 0.02% 19.54%
Ark-La-Tex Financial Services 8, 0.03% 11.92%
Polaris Home Funding Corp 9, 0.05% 11.26%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
L&N Federal Credit Union 1, -0.16% 23.72%
Community Trust Bank, Inc 2, -0.08% 10.22%
Polaris Home Funding Corp 3, 0.03% 1.46%
Quicken Loans 4, 0.04% 32.12%
Forcht Bank National Association 5, 0.04% 9.85%
Bank of England 6, 0.05% 0.73%
Republic State Mortgage Co 7, 0.06% 2.19%
Ark-La-Tex Financial Services 8, 0.08% 2.92%
Pnc Bank 9, 0.15% 16.79%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
L&N Federal Credit Union 1, -0.12% 30.06%
Community Trust Bank, Inc 2, -0.06% 12.14%
Forcht Bank National Association 3, 0.02% 9.25%
Bank of England 4, 0.03% 6.36%
Republic State Mortgage Co 5, 0.05% 3.47%
Polaris Home Funding Corp 6, 0.06% 2.02%
Quicken Loans 7, 0.08% 17.92%
Ark-La-Tex Financial Services 8, 0.08% 2.89%
Pnc Bank 9, 0.12% 15.90%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
L&N Federal Credit Union 1, -0.06% 27.46%
Community Trust Bank, Inc 2, -0.03% 9.86%
Forcht Bank National Association 3, -0.01% 7.04%
Bank of England 4, 0.01% 14.79%
Pnc Bank 5, 0.02% 6.34%
Polaris Home Funding Corp 6, 0.03% 4.23%
Republic State Mortgage Co 7, 0.04% 5.63%
Quicken Loans 8, 0.05% 19.01%
Ark-La-Tex Financial Services 9, 0.06% 5.63%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
L&N Federal Credit Union 1, -0.15% 31.86%
Community Trust Bank, Inc 2, -0.07% 13.73%
Forcht Bank National Association 3, 0.04% 10.78%
Bank of England 4, 0.05% 0.49%
Republic State Mortgage Co 5, 0.06% 1.96%
Polaris Home Funding Corp 6, 0.07% 0.49%
Quicken Loans 7, 0.09% 17.16%
Ark-La-Tex Financial Services 8, 0.09% 0.98%
Pnc Bank 9, 0.16% 22.55%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Forcht Bank National Association 1, -0.06% 7.03%
Quicken Loans 2, -0.05% 33.51%
Pnc Bank 3, -0.02% 1.08%
Republic State Mortgage Co 4, 0.02% 10.81%
Ark-La-Tex Financial Services 5, 0.02% 12.97%
Bank of England 6, 0.03% 19.46%
Polaris Home Funding Corp 7, 0.07% 15.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Forcht Bank National Association 1, -0.10% 6.77%
Quicken Loans 2, -0.08% 15.79%
Pnc Bank 3, -0.03% 1.50%
Ark-La-Tex Financial Services 4, 0.00% 15.04%
Republic State Mortgage Co 5, 0.01% 13.53%
Bank of England 6, 0.02% 26.32%
Polaris Home Funding Corp 7, 0.06% 21.05%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.02% 78.85%
Forcht Bank National Association 2, 0.03% 7.69%
Bank of England 3, 0.05% 1.92%
Republic State Mortgage Co 4, 0.06% 3.85%
Ark-La-Tex Financial Services 5, 0.08% 7.69%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Forcht Bank National Association 1, 0.00% 100.00%
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Forcht Bank National Association 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Forcht Bank National Association 1, -0.02% 4.55%
Polaris Home Funding Corp 2, -0.02% 6.82%
Republic State Mortgage Co 3, -0.01% 13.64%
Pnc Bank 4, -0.01% 9.09%
Quicken Loans 5, -0.01% 36.36%
Bank of England 6, 0.01% 6.82%
Ark-La-Tex Financial Services 7, 0.03% 22.73%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Forcht Bank National Association 1, -0.03% 7.41%
Republic State Mortgage Co 2, -0.02% 22.22%
Pnc Bank 3, -0.01% 14.81%
Quicken Loans 4, -0.01% 14.81%
Bank of England 5, 0.00% 11.11%
Ark-La-Tex Financial Services 6, 0.03% 29.63%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Polaris Home Funding Corp 1, -0.01% 17.65%
Quicken Loans 2, 0.00% 70.59%
Ark-La-Tex Financial Services 3, 0.01% 11.76%

* Data is compiled for the London, KY commuting zone area, which comprises of counties of Clay County, KY, Jackson County, KY, Knox County, KY, Laurel County, KY, and Whitley County, KY. This includes cities/towns/communities of London, KY as well as Corbin, KY, North Corbin, KY, East Bernstadt, KY, Rockholds, KY, North Corbin, KY, Emlyn, KY, Barbourville, KY, Williamsburg, KY, Flat Lick, KY, Annville, KY, Manchester, KY, McKee, KY, Artemus, KY, and Oneida, 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 London, KY area. For mortgage lender rankings of other cities, click here.