National Bank of Commerce mortgage approval rate & lending review
National Bank of Commerce decided 355 mortgage applications and funded 334 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions National Bank of Commerce reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
National Bank of Commerce at a glance
Approval is 14.0 points above the 82.1% 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 | 100% | 159 / 159 | 99% | $235K | 157 |
| Cash-out refinance | 77% | 24 / 31 | 96% | $175K | 23 |
| Refinance | 86% | 25 / 29 | 92% | $75K | 23 |
| Investment property purchase | 95% | 59 / 62 | 100% | $215K | 59 |
| Investment refinance | 100% | 54 / 54 | 98% | $165K | 53 |
National Bank of Commerce lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 96% | $215K | 340 | 320 |
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 National Bank of Commerce lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| St. Louis County, MN | Mortgage lenders | 100% | 133 | 131 |
| St. Louis County, MN | Investment property purchase | 94% | 48 | 45 |
| St. Louis County, MN | Cash-out refinance | 76% | 29 | 22 |
| St. Louis County, MN | Refinance | 88% | 25 | 21 |
The county markets where National Bank of Commerce made the most loans. Each link opens that market with every lender ranked.
Questions about National Bank of Commerce
What is National Bank of Commerce's mortgage approval rate?
National Bank of Commerce approved 96.1% of the 355 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 14.0 points above the 82.1% national rate for the same mix of loan types.
How often do borrowers take the loan National Bank of Commerce offers?
Borrowers accepted 98% of the loans National Bank of 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 National Bank of Commerce make?
The typical home purchase mortgage loan National Bank of Commerce made was $235K; across all loan types its typical loan ran from $75K to $235K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does National Bank of Commerce lend?
National Bank of Commerce decided applications in 10 of the states Fat Boy Data covers, most of them in Minnesota, Florida and Wisconsin.
Can I apply to National Bank of Commerce directly?
Yes. National Bank of Commerce is a bank or credit union with 20 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show National Bank of 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 National Bank of Commerce treats applications, then get a rate quote from the lender.