First Commerce mortgage approval rate & lending review
First Commerce decided 720 mortgage applications and funded 566 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Commerce reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Commerce at a glance
Approval is 10.0 points above the 73.6% 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 | 85% | 165 / 193 | 98% | $295K | 161 |
| Home improvement loans | 89% | 160 / 180 | 95% | $55K | 152 |
| Cash-out refinance | 76% | 136 / 179 | 88% | $85K | 120 |
| Refinance | 71% | 25 / 35 | 100% | $165K | 25 |
| Investment property purchase | 87% | 33 / 38 | 100% | $155K | 33 |
| Investment cash-out refinance | 84% | 49 / 58 | 86% | $75K | 42 |
First Commerce lending by state
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 First Commerce lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Leon County, FL | Home improvement loans | 90% | 158 | 134 |
| Leon County, FL | Mortgage lenders | 89% | 153 | 132 |
| Leon County, FL | Cash-out refinance | 77% | 145 | 99 |
| Leon County, FL | Refinance | 70% | 30 | 21 |
| Lowndes County, GA | Home improvement loans | 80% | 20 | 16 |
| Lowndes County, GA | Cash-out refinance | 64% | 25 | 14 |
The county markets where First Commerce made the most loans. Each link opens that market with every lender ranked.
Questions about First Commerce
What is First Commerce's mortgage approval rate?
First Commerce approved 83.6% of the 720 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.0 points above the 73.6% national rate for the same mix of loan types.
How often do borrowers take the loan First Commerce offers?
Borrowers accepted 94% of the loans First Commerce approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does First Commerce make?
The typical home purchase mortgage loan First Commerce made was $295K; across all loan types its typical loan ran from $55K to $295K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Commerce lend?
First Commerce decided applications in 5 of the states Fat Boy Data covers, most of them in Florida, Georgia and Alabama.
Can I apply to First Commerce directly?
Yes. First Commerce is a bank or credit union with 14 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First Commerce'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 First Commerce treats applications, then get a rate quote from the lender.