2024 · Kentucky
In 2024, 6,168 investment-property loans worth $1.2B were originated on single-family 1-4 unit homes in Kentucky. Here's how those terms compared to the rest of the country.
Investor rate premium
100 bps
U.S. median: 88 bps
Denial rate
11.9%
U.S. median: 17.2%
DSCR / business-purpose
59%
U.S. median: 69%
Median LTV
75%
U.S. median: 75%
Investors in Kentucky borrowed at a median rate of 7.625%, versus 6.625% for owner-occupants — a 100 bps premium that ranks 17th of 51 states.
Their applications were denied 11.9% of the time. The leading reasons for denial were collateral, debt-to-income ratio, other.
59% of investor loans were business- or commercial-purpose — the category that includes DSCR and LLC-held loans — and 9% were cash-out refinances. The typical loan-to-value was 75%, implying about 25% down.
In 2024, the median investment-property loan in Kentucky carried a rate of 7.625% versus 6.625% for an owner-occupant — a premium of 100 bps. That ranks 17th of 51 states (1 = highest premium).
11.9% of investment-property applications were denied in Kentucky in 2024, the 41st-highest denial rate among the 51 states. The most common denial reasons were collateral, debt-to-income ratio, other.
59% of investor loans in Kentucky were flagged as primarily business or commercial purpose — the bucket that includes DSCR and LLC-held loans (44th of 51). The median loan-to-value was 75%.
Source: CFPB / FFIEC HMDA Data Browser (loan-level public dataset), 2024. Single-family 1-4 unit, site-built loans; financed purchases only.