Top Mortgage Lenders in Winchester, KY

Which mortgage lender in the Winchester, 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 Winchester, 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 Winchester, KY area is Central Bank & Trust Co, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.09%. This means that Central Bank & Trust Co provided a -0.09% lower interest rate for its customers than other lenders in Winchester, KY for a similar set of borrowers. Central Bank & Trust Co has a market share of 15.0%. On the other hand, the most popular lender in the market is Republic State Mortgage Co, with a market share of 30.2%. Republic State Mortgage Co is an average rate lender in this area, with a “Rate Difference” of +0.07% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Winchester, 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 Winchester, KY is Central Bank & Trust 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 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 Central Bank & Trust 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 Winchester, KY

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank & Trust Co 1, -0.09% 14.95%
Kentucky Bank 2, -0.09% 20.60%
Ark-La-Tex Financial Services 3, 0.00% 10.96%
Quicken Loans 4, 0.05% 23.26%
Republic State Mortgage Co 5, 0.07% 30.23%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank & Trust Co 1, -0.09% 15.38%
Kentucky Bank 2, -0.09% 22.56%
Quicken Loans 3, -0.02% 10.26%
Ark-La-Tex Financial Services 4, 0.00% 13.85%
Republic State Mortgage Co 5, 0.09% 37.95%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank & Trust Co 1, -0.10% 14.15%
Kentucky Bank 2, -0.10% 16.98%
Republic State Mortgage Co 3, -0.01% 16.04%
Ark-La-Tex Financial Services 4, 0.00% 5.66%
Quicken Loans 5, 0.07% 47.17%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank & Trust Co 1, -0.09% 21.35%
Kentucky Bank 2, -0.05% 23.03%
Ark-La-Tex Financial Services 3, 0.00% 11.24%
Republic State Mortgage Co 4, 0.03% 21.91%
Quicken Loans 5, 0.10% 22.47%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank & Trust Co 1, -0.08% 22.77%
Kentucky Bank 2, -0.01% 22.77%
Ark-La-Tex Financial Services 3, 0.01% 13.86%
Quicken Loans 4, 0.02% 9.90%
Republic State Mortgage Co 5, 0.05% 30.69%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank & Trust Co 1, -0.10% 19.48%
Kentucky Bank 2, -0.10% 23.38%
Ark-La-Tex Financial Services 3, -0.00% 7.79%
Republic State Mortgage Co 4, 0.00% 10.39%
Quicken Loans 5, 0.11% 38.96%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.21% 16.33%
Central Bank & Trust Co 2, -0.10% 4.08%
Quicken Loans 3, -0.05% 17.35%
Ark-La-Tex Financial Services 4, -0.01% 13.27%
Republic State Mortgage Co 5, 0.10% 48.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.22% 19.51%
Central Bank & Trust Co 2, -0.11% 4.88%
Quicken Loans 3, -0.07% 9.76%
Ark-La-Tex Financial Services 4, -0.01% 15.85%
Republic State Mortgage Co 5, 0.12% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.01% 43.75%
Quicken Loans 2, 0.00% 56.25%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, -0.01% 33.33%
Quicken Loans 2, 0.00% 66.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Kentucky Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank & Trust Co 1, -0.03% 13.64%
Kentucky Bank 2, -0.02% 18.18%
Republic State Mortgage Co 3, -0.00% 18.18%
Quicken Loans 4, 0.01% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank & Trust Co 1, -0.01% 27.27%
Kentucky Bank 2, -0.00% 36.36%
Republic State Mortgage Co 3, 0.01% 18.18%
Quicken Loans 4, 0.02% 18.18%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Republic State Mortgage Co 1, -0.01% 18.18%
Quicken Loans 2, 0.00% 81.82%

* Data is compiled for the Winchester, KY commuting zone area, which comprises of counties of Breathitt County, KY, Clark County, KY, Lee County, KY, Owsley County, KY, Powell County, KY, and Wolfe County, KY. This includes cities/towns/communities of Winchester, KY as well as Stanton, KY, Clay City, KY, Campton, KY, Beattyville, KY, Jackson, KY, Hazel Green, KY, and Booneville, 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 Winchester, KY area. For mortgage lender rankings of other cities, click here.