Which mortgage lender in the Bowling Green, KY area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Bowling Green, KY area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.
Going by historical data, the best mortgage lender in the Bowling Green, KY area in terms of interest rate is Republic State Mortgage Co, with an average “Rate Difference” of -0.07%. This means that, comparing similar borrowers, Republic State Mortgage Co provided a -0.07% lower interest rate for its customers than other lenders in the area. Republic State Mortgage Co has a market share of 12.0%. On the other hand, the most popular lender in the Bowling Green, KY area is US Bank, with a larger market share of 14.6%. US Bank is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.03% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Bowling Green, 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, going by historical data, the cheapest lender for Conventional mortgages in Bowling Green, KY is Republic State Mortgage Co. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is Truist Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Magnolia Bank. The cheapest VA mortgage provider is also Magnolia Bank. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.
Ranking of Mortgage Lenders in Bowling Green, KY
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Republic State Mortgage Co | -0.07% | 12.02% | |
| Independence Bank of Kentucky | -0.07% | 1.88% | |
| German American Bank | -0.06% | 3.59% | |
| Atlantic Bay Mortgage Group | -0.06% | 3.25% | |
| Magnolia Bank | -0.05% | 10.04% | |
| Truist Bank | -0.03% | 6.78% | |
| US Bank | -0.03% | 14.56% | |
| South Central Bank | -0.03% | 9.27% | |
| Evansville Teachers Federal Credit Union | 0.02% | 3.20% | |
| Bank of England AR | 0.02% | 3.75% | |
| Edmonton State Bank | 0.04% | 3.20% | |
| PNC Bank | 0.05% | 2.81% | |
| Stockton Mortgage | 0.05% | 7.94% | |
| Quicken Loans | 0.09% | 12.85% | |
| Movement Mortgage | 0.14% | 4.85% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| German American Bank | -0.08% | 2.95% | |
| US Bank | -0.08% | 15.13% | |
| Magnolia Bank | -0.06% | 8.30% | |
| Atlantic Bay Mortgage Group | -0.06% | 4.98% | |
| Independence Bank of Kentucky | -0.06% | 1.66% | |
| Republic State Mortgage Co | -0.03% | 15.04% | |
| Truist Bank | -0.02% | 8.03% | |
| South Central Bank | 0.00% | 7.75% | |
| PNC Bank | 0.02% | 2.21% | |
| Evansville Teachers Federal Credit Union | 0.02% | 3.04% | |
| Bank of England AR | 0.03% | 5.72% | |
| Quicken Loans | 0.07% | 6.18% | |
| Edmonton State Bank | 0.08% | 2.86% | |
| Stockton Mortgage | 0.09% | 9.96% | |
| Movement Mortgage | 0.19% | 6.18% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Republic State Mortgage Co | -0.15% | 7.54% | |
| Independence Bank of Kentucky | -0.07% | 2.19% | |
| South Central Bank | -0.06% | 11.52% | |
| Stockton Mortgage | -0.05% | 4.94% | |
| Truist Bank | -0.05% | 4.94% | |
| German American Bank | -0.04% | 4.53% | |
| Magnolia Bank | -0.03% | 12.62% | |
| Movement Mortgage | -0.01% | 2.88% | |
| Atlantic Bay Mortgage Group | -0.01% | 0.69% | |
| Edmonton State Bank | 0.00% | 3.70% | |
| Evansville Teachers Federal Credit Union | 0.01% | 3.43% | |
| Bank of England AR | 0.02% | 0.82% | |
| US Bank | 0.04% | 13.72% | |
| PNC Bank | 0.08% | 3.70% | |
| Quicken Loans | 0.09% | 22.77% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Republic State Mortgage Co | -0.13% | 9.52% | |
| Independence Bank of Kentucky | -0.07% | 2.44% | |
| German American Bank | -0.07% | 4.19% | |
| Atlantic Bay Mortgage Group | -0.06% | 2.67% | |
| Truist Bank | -0.03% | 8.68% | |
| US Bank | -0.03% | 17.29% | |
| Magnolia Bank | -0.02% | 9.98% | |
| South Central Bank | -0.02% | 10.43% | |
| Bank of England AR | 0.02% | 2.74% | |
| Stockton Mortgage | 0.03% | 5.71% | |
| Evansville Teachers Federal Credit Union | 0.04% | 3.27% | |
| Edmonton State Bank | 0.04% | 4.42% | |
| PNC Bank | 0.06% | 3.73% | |
| Quicken Loans | 0.15% | 10.28% | |
| Movement Mortgage | 0.16% | 4.65% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Republic State Mortgage Co | -0.10% | 11.71% | |
| German American Bank | -0.10% | 3.17% | |
| US Bank | -0.08% | 18.46% | |
| Atlantic Bay Mortgage Group | -0.06% | 4.27% | |
| Independence Bank of Kentucky | -0.06% | 2.34% | |
| Truist Bank | -0.02% | 11.16% | |
| Magnolia Bank | -0.01% | 6.89% | |
| PNC Bank | 0.02% | 3.03% | |
| South Central Bank | 0.03% | 8.68% | |
| Bank of England AR | 0.03% | 4.27% | |
| Evansville Teachers Federal Credit Union | 0.07% | 2.75% | |
| Edmonton State Bank | 0.08% | 4.27% | |
| Stockton Mortgage | 0.09% | 6.75% | |
| Quicken Loans | 0.11% | 5.79% | |
| Movement Mortgage | 0.22% | 6.47% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Republic State Mortgage Co | -0.19% | 6.81% | |
| Stockton Mortgage | -0.08% | 4.43% | |
| Independence Bank of Kentucky | -0.08% | 2.56% | |
| South Central Bank | -0.05% | 12.61% | |
| Truist Bank | -0.05% | 5.62% | |
| German American Bank | -0.05% | 5.45% | |
| Magnolia Bank | -0.04% | 13.80% | |
| Movement Mortgage | -0.03% | 2.39% | |
| Atlantic Bay Mortgage Group | -0.01% | 0.68% | |
| Edmonton State Bank | 0.00% | 4.60% | |
| Evansville Teachers Federal Credit Union | 0.01% | 3.92% | |
| Bank of England AR | 0.03% | 0.85% | |
| US Bank | 0.05% | 15.84% | |
| PNC Bank | 0.08% | 4.60% | |
| Quicken Loans | 0.16% | 15.84% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Magnolia Bank | -0.13% | 10.19% | |
| South Central Bank | -0.08% | 6.70% | |
| Atlantic Bay Mortgage Group | -0.06% | 4.56% | |
| Evansville Teachers Federal Credit Union | -0.05% | 3.49% | |
| US Bank | -0.04% | 8.85% | |
| German American Bank | -0.03% | 2.14% | |
| PNC Bank | -0.02% | 0.54% | |
| Truist Bank | -0.01% | 0.54% | |
| Quicken Loans | 0.01% | 17.43% | |
| Bank of England AR | 0.02% | 6.43% | |
| Republic State Mortgage Co | 0.03% | 18.77% | |
| Stockton Mortgage | 0.09% | 14.21% | |
| Movement Mortgage | 0.11% | 6.17% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Magnolia Bank | -0.15% | 11.85% | |
| South Central Bank | -0.08% | 5.92% | |
| Atlantic Bay Mortgage Group | -0.07% | 5.57% | |
| Evansville Teachers Federal Credit Union | -0.06% | 4.18% | |
| US Bank | -0.05% | 10.10% | |
| German American Bank | -0.04% | 2.44% | |
| PNC Bank | -0.02% | 0.70% | |
| Truist Bank | -0.01% | 0.70% | |
| Quicken Loans | 0.01% | 7.32% | |
| Bank of England AR | 0.02% | 8.36% | |
| Republic State Mortgage Co | 0.05% | 20.21% | |
| Stockton Mortgage | 0.09% | 16.38% | |
| Movement Mortgage | 0.13% | 6.27% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| South Central Bank | -0.07% | 9.30% | |
| Republic State Mortgage Co | -0.05% | 13.95% | |
| Magnolia Bank | -0.00% | 4.65% | |
| Atlantic Bay Mortgage Group | 0.01% | 1.16% | |
| Quicken Loans | 0.01% | 51.16% | |
| German American Bank | 0.02% | 1.16% | |
| Evansville Teachers Federal Credit Union | 0.02% | 1.16% | |
| US Bank | 0.03% | 4.65% | |
| Movement Mortgage | 0.03% | 5.81% | |
| Stockton Mortgage | 0.04% | 6.98% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Truist Bank | -0.00% | 44.44% | |
| German American Bank | 0.00% | 11.11% | |
| Independence Bank of Kentucky | 0.00% | 22.22% | |
| US Bank | 0.00% | 22.22% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| German American Bank | 0.00% | 33.33% | |
| Independence Bank of Kentucky | 0.00% | 33.33% | |
| Truist Bank | 0.00% | 33.33% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Truist Bank | -0.00% | 50.00% | |
| US Bank | 0.00% | 33.33% | |
| Independence Bank of Kentucky | 0.00% | 16.67% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Magnolia Bank | -0.04% | 11.02% | |
| Atlantic Bay Mortgage Group | -0.03% | 5.93% | |
| Truist Bank | -0.02% | 2.54% | |
| German American Bank | -0.01% | 0.85% | |
| Movement Mortgage | -0.01% | 3.39% | |
| South Central Bank | -0.01% | 5.08% | |
| US Bank | 0.00% | 1.69% | |
| Republic State Mortgage Co | 0.00% | 19.49% | |
| Bank of England AR | 0.00% | 6.78% | |
| Evansville Teachers Federal Credit Union | 0.01% | 1.69% | |
| Quicken Loans | 0.01% | 27.97% | |
| Stockton Mortgage | 0.02% | 13.56% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Magnolia Bank | -0.07% | 8.82% | |
| Quicken Loans | -0.03% | 5.88% | |
| Atlantic Bay Mortgage Group | -0.02% | 10.29% | |
| Truist Bank | -0.01% | 4.41% | |
| South Central Bank | -0.01% | 5.88% | |
| German American Bank | -0.01% | 1.47% | |
| Movement Mortgage | 0.01% | 2.94% | |
| Bank of England AR | 0.01% | 10.29% | |
| Republic State Mortgage Co | 0.01% | 29.41% | |
| US Bank | 0.02% | 1.47% | |
| Evansville Teachers Federal Credit Union | 0.03% | 1.47% | |
| Stockton Mortgage | 0.03% | 17.65% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Republic State Mortgage Co | -0.04% | 6.00% | |
| Movement Mortgage | -0.04% | 4.00% | |
| US Bank | -0.01% | 2.00% | |
| Evansville Teachers Federal Credit Union | -0.01% | 2.00% | |
| Stockton Mortgage | -0.01% | 8.00% | |
| Bank of England AR | -0.01% | 2.00% | |
| Magnolia Bank | -0.01% | 14.00% | |
| South Central Bank | 0.00% | 4.00% | |
| Quicken Loans | 0.01% | 58.00% |
* Data is compiled for the Bowling Green, KY commuting zone area, which comprises of counties of Allen County, KY, Butler County, KY, Edmonson County, KY, Simpson County, KY, and Warren County, KY. This includes cities/towns/communities of Bowling Green, KY as well as Franklin, KY, Scottsville, KY, Woodburn, KY, Brownsville, KY, Smiths Grove, KY, Plum Springs, KY, Woodbury, KY, and Rochester, KY. Lenders must have made at least 30 loans in the area to be included. Source of the data is 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 conditional on the commuting zone, 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 in Other Cities
This page contains information about the top mortgage lenders in the Bowling Green, KY area. For mortgage lender rankings in other cities, click here.