Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Boone County, Kentucky
Every institution that decided a 1–4 unit mortgage application in Boone County, home to Florence, between 2023 and 2025: 12,868 applications, 9,771 loans actually funded, across 8 kinds of borrowing.
Boone County at a glance
12,868Applications decided
2023–2025
9,771Loans funded
76% of decisions
30Census tracts
7 ZIP codes
137,676People
ACS 2023
What the data shows
Lenders approved 82.8% of home-purchase applications in Boone County, 5.4 points below the Kentucky rate.
The typical purchase mortgage here is $285K.
Lending by loan type in Boone County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 82.8% | 6,675 | $285K | 97% | 278 |
| Home improvement loans | 65.9% | 1,766 | $75K | 94% | 83 |
| Cash-out refinance | 73.6% | 2,136 | $165K | 96% | 140 |
| Refinance | 82.1% | 1,746 | $195K | 95% | 143 |
| Investment property purchase | 88.6% | 379 | $185K | 98% | 103 |
| Investment cash-out refinance | 77.4% | 84 | $155K | 92% | 44 |
| Investment refinance | 67.9% | 56 | $165K | 97% | 27 |
| Investment home improvement | 61.5% | 26 | $115K | 100% | 14 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.