Commerce Bank mortgage approval rate & lending review
Commerce Bank decided 9,668 mortgage applications and funded 6,528 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Commerce Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Commerce Bank at a glance
Approval is 4.6 points below the 73.3% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 82% | 1,969 / 2,406 | 99% | $235K | 1,944 |
| Home improvement loans | 57% | 2,331 / 4,096 | 98% | $55K | 2,276 |
| Cash-out refinance | 57% | 167 / 293 | 99% | $185K | 165 |
| Refinance | 77% | 1,745 / 2,264 | 99% | $75K | 1,727 |
| Investment property purchase | 88% | 356 / 403 | 96% | $265K | 343 |
| Investment refinance | 63% | 43 / 68 | 100% | $225K | 43 |
| Investment home improvement | 20% | 25 / 126 | 92% | $105K | 23 |
Commerce Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Missouri | 67% | $75K | 5,853 | 3,840 |
| Kansas | 71% | $135K | 2,109 | 1,477 |
| Illinois | 57% | $65K | 696 | 392 |
| Colorado | 81% | $655K | 526 | 419 |
| Oklahoma | 73% | $255K | 104 | 75 |
| Texas | 76% | $405K | 99 | 75 |
| Florida | 84% | $295K | 58 | 49 |
| Arizona | 88% | $375K | 24 | 21 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Commerce Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Johnson County, KS | Home improvement loans | 70% | 649 | 446 |
| Jackson County, MO | Home improvement loans | 53% | 719 | 369 |
| Jackson County, MO | Mortgage lenders | 80% | 467 | 365 |
| Johnson County, KS | Refinance | 78% | 388 | 299 |
| Jackson County, MO | Refinance | 78% | 380 | 292 |
| St. Charles County, MO | Home improvement loans | 67% | 395 | 260 |
| St. Charles County, MO | Refinance | 86% | 241 | 201 |
| Johnson County, KS | Mortgage lenders | 85% | 233 | 195 |
| Clay County, MO | Home improvement loans | 60% | 262 | 154 |
| Jefferson County, MO | Home improvement loans | 56% | 254 | 138 |
| Greene County, MO | Home improvement loans | 59% | 242 | 137 |
| Cass County, MO | Home improvement loans | 62% | 182 | 111 |
The county markets where Commerce Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Commerce Bank
What is Commerce Bank's mortgage approval rate?
Commerce Bank approved 68.7% of the 9,668 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 4.6 points below the 73.3% national rate for the same mix of loan types.
How often do borrowers take the loan Commerce Bank offers?
Borrowers accepted 98% of the loans Commerce Bank approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Commerce Bank make?
The typical home improvement loan loan Commerce Bank made was $55K; across all loan types its typical loan ran from $55K to $265K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Commerce Bank lend?
Commerce Bank decided applications in 43 of the states Fat Boy Data covers, most of them in Missouri, Kansas and Illinois.
Can I apply to Commerce Bank directly?
Yes. Commerce Bank is a bank or credit union with 159 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Commerce Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Commerce Bank treats applications, then get a rate quote from the lender.