Stock Yards Bank & Trust Company Mortgage Rates, Fees & Info
Louisville, KYLEI: 4LJGQ9KJ9S0CP4B1FY29
Tax ID: 61-0354170
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Mortgage Data
Review & Overview
Stock Yards Bank & Trust Company is a smaller bank specializing in Home Purchase loans. Stock Yards Bank & Trust Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Louisville, Lexington, Bowling Green, Cincinnati, and Indianapolis among others. We have data for 52 markets. (Some data included below & more in-depth data is available with an active subscription.)Stock Yards Bank & Trust Company has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Stock Yards Bank & Trust Company is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 5.53% | 4/5/25 |
| 30 Year Conventional Purchase | 6.84% | 4/5/25 |
| 30 Year Conventional Refi | 6.66% | 4/5/25 |
| 30 Year Cash-out Refi | 6.90% | 4/5/25 |
| 30 Year FHA Purchase | 7.17% | 4/5/25 |
| 30 Year FHA Refi | 6.31% | 4/5/25 |
| 30 Year VA Purchase | 6.46% | 4/5/25 |
| 30 Year VA Refi | 6.10% | 4/5/25 |
| 30 Year USDA Purchase | 6.86% | 4/5/25 |
| 15 Year Conventional Purchase | 5.61% | 4/5/25 |
| 15 Year Conventional Refi | 6.07% | 4/5/25 |
| 15 Year Cash-out Refi | 6.07% | 4/5/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Stock Yards Bank & Trust Company Mortgage Calculator
Your Estimates
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This is not an official calculator from Stock Yards Bank & Trust Company. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,255Origination Dollar Volume (All Markets)
$779,985,000Awards
Stock Yards Bank & Trust Company - 2024
Stock Yards Bank & Trust Company is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Stock Yards Bank & Trust Company's average 30 year fixed mortgage rate was
6.65%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.1%.
Relative Fees (Closing Costs)
Stock Yards Bank & Trust Company's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,954.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| LOUISVILLE, KY (FHA|USDA|VA) | 1,357 | $333,195,000 | $245,538 | $3,900 | 6.98% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 310 | $102,800,000 | $331,613 | $3,779 | 6.93% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 5 | $56,305,000 | $11,261,000 | $7,881 | 7.16% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 135 | $53,885,000 | $399,148 | $3,392 | 6.42% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 104 | $43,870,000 | $421,827 | $2,561 | 6.80% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 3 | $29,775,000 | $9,925,000 | $2,925 | 7.17% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 3 | $29,515,000 | $9,838,333 | $4,300 | 7.46% |
| Richmond-Berea, KY (FHA|USDA|VA) | 73 | $22,165,000 | $303,630 | $3,795 | 6.91% |
| Outside of Metro Areas | 113 | $20,815,000 | $184,204 | $3,819 | 6.97% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $15,215,000 | $5,071,667 | $0 | 7.41% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $13,155,000 | $13,155,000 | $0 | 8.00% |
| Seymour, IN (FHA|USDA|VA) | 1 | $10,565,000 | $10,565,000 | $0 | 7.02% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $5,005,000 | $5,005,000 | $0 | 6.99% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 4 | $4,630,000 | $1,157,500 | $4,807 | 6.58% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 26 | $4,200,000 | $161,538 | $4,886 | 6.07% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $3,325,000 | $3,325,000 | $0 | 7.25% |
| Bardstown, KY (FHA|USDA|VA) | 22 | $3,250,000 | $147,727 | $5,600 | 6.69% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $2,955,000 | $2,955,000 | $10,305 | 6.90% |
| Mount Sterling, KY (FHA|USDA|VA) | 22 | $2,690,000 | $122,273 | $3,366 | 7.21% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $2,300,000 | $1,150,000 | $5,640 | 6.46% |
| Frankfort, KY (FHA|USDA|VA) | 9 | $2,215,000 | $246,111 | $4,092 | 7.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $2,075,000 | $2,075,000 | $0 | 7.40% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $1,865,000 | $1,865,000 | $6,273 | 6.23% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 6 | $1,820,000 | $303,333 | $3,713 | 7.08% |
| London, KY (FHA|USDA|VA) | 2 | $1,210,000 | $605,000 | $3,562 | 6.81% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $1,150,000 | $287,500 | $4,392 | 7.23% |
| Scottsburg, IN (FHA|USDA|VA) | 9 | $985,000 | $109,444 | $1,858 | 5.19% |
| Seneca, SC (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 6.99% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 8.50% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 7.25% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $4,501 | 6.13% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 6.99% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 5 | $555,000 | $111,000 | $4,597 | 7.45% |
| Durango, CO (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $2,459 | 6.02% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $2,546 | 6.62% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,807 | 6.94% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $6,490 | 7.00% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 7.00% |
| Madison, IN (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $2,426 | 6.63% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,798 | 6.13% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 6.99% |
| Somerset, KY (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $2,275 | 6.81% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 5.99% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,288 | 7.00% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,495 | 6.63% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.50% |
| Danville, KY (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $2,907 | 6.38% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,141 | 6.25% |
| Campbellsville, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,121 | 7.13% |
| Vincennes, IN (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $4,940 | 6.63% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 7.50% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,870 | 8.13% |
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Product Mix
For 2024, Stock Yards Bank & Trust Company's most frequently originated type of loan was Conventional, with 1,191 originations. Their 2nd most popular type was HELOC, with 933 originations.
Loan Reason
For 2024, Stock Yards Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 1,147 originations. The 2nd most popular reason was Home Improvement, with 396 originations.
Loan Duration/Length
For 2024, Stock Yards Bank & Trust Company's most frequently cited loan duration was 30 Year, with 945 originations. The 2nd most popular length was 10 Year, with 936 originations.
Origination Fees/Closing Costs
Stock Yards Bank & Trust Company's average total fees were $3,954, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 808 originations.
Interest Rates
During 2024, Stock Yards Bank & Trust Company's average interest rate for loans was 6.65%, while their most frequently originated rate bucket for loans was 6-7%, with 1,131 originations.
Loan Sizing
2024 saw Stock Yards Bank & Trust Company place emphasis on $100k-200k loans with 668 originations, totaling $100,240,000 in origination value.
Applicant Income
Stock Yards Bank & Trust Company lent most frequently to those with incomes in the $50k-75k range, with 488 originations. The second most popular income band? $100k-150k, with 327 originations.
Applicant Debt to Income Ratio
Stock Yards Bank & Trust Company lent most frequently to those with DTI ratios of 20-30%, with 393 originations. The next most common DTI ratio? 30-36%, with 329 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications78.71%
Stock Yards Bank & Trust Company has a below average approval rate.
Pick Rate
Approvals leading to origination82.04%
Stock Yards Bank & Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,255 | $779,985,000 | $345,891 |