PlainLender

COMMERCE BANK

KANSAS CITY, MO

COMMERCE BANK processed 8,078 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 4,101 loans with a 28.1% denial rate. Home Improvement was the primary loan purpose. Based in KANSAS CITY, MO. The approval rate of 50.8% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. COMMERCE BANK processed 8,078 HMDA-reported mortgage applications in 2024, originating 4,101 loans and denying 2,274 for a denial rate of 28.1% (applicants themselves withdrew 969 files before a decision). The average loan amount was $164,673 at a 6.140% average note rate, and applicants self-reported an average income of $35,000. The lender reports under LEI 7DMUJTL9FFTVIAG9H788 from KANSAS CITY, MO.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. COMMERCE BANK's 50.8% origination rate tells you how often an application turned into funded money; the 28.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Debt-to-income ratio, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (7,858 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

8,078
Applications
4,101
Originated
28.1%
Denial Rate
$164,673
Avg Loan Amount
Avg Interest Rate: 6.140% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 7,858 4,020 2,206 $163,997
FHA 190 67 62 $181,526
VA 25 12 6 $255,400
USDA 5 2 0 $133,000

Top loan types — COMMERCE BANK

Top loan types — COMMERCE BANK Horizontal bar chart of the top 4 items by value (applications). Top loan types — COMMERCE BANK Top 4 1. Conventional 7,858 2. FHA 190 3. VA 25 4. USDA 5 Top 5 loan types by application volume at COMMERCE BANK (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for COMMERCE BANK (LEI: 7DMUJTL9FFTVIAG9H788) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Other
1,308
Debt-to-income ratio
1,022
Credit history
221
Collateral
219
Unverifiable information
33
Employment history
17
Credit application incomplete
3

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 2,505 1,092 $77,798
Other 1,987 920 $85,075
Home Purchase 1,864 1,095 $378,589
Refinancing 1,487 909 $140,474
Cash-out Refinancing 235 85 $220,106

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 6,451 53.1% 26.7%
Black or African American 576 34.2% 43.4%
Asian 171 40.4% 31.0%
Joint 170 54.7% 30.0%
American Indian or Alaska Native 61 24.6% 54.1%
2 or more minority races 13 0.0% 69.2%
Native Hawaiian or Other Pacific Islander 12 8.3% 50.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 6,991 51.6% 28.1%
Hispanic or Latino 292 37.0% 38.0%
Joint 156 52.6% 25.0%

Nearby Lenders in MO

Other HMDA-reporting lenders in MO with similar activity. Compare any two side-by-side.

Mortgage Research Center

Columbia, MO

147,700 apps 73,759 originated 15.9% denied

NBKC BANK

KANSAS CITY, MO

18,437 apps 7,830 originated 6.9% denied

FLAT BRANCH MORTGAGE, INC.

COLUMBIA, MO

17,606 apps 13,902 originated 1.5% denied

DAS ACQUISITION COMPANY, LLC

SAINT LOUIS, MO

12,120 apps 7,831 originated 2.1% denied

THE CENTRAL TRUST BANK

JEFFERSON CITY, MO

11,306 apps 7,513 originated 8.9% denied
Compare COMMERCE BANK vs Mortgage Research Center →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

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Frequently Asked Questions

How many mortgage applications did COMMERCE BANK process?
COMMERCE BANK processed 8,078 mortgage applications in the 2023 HMDA reporting year. Of these, 4,101 were originated (approved and funded), 969 were withdrawn by the applicant, and 2,274 were denied.
What is COMMERCE BANK's mortgage approval rate?
COMMERCE BANK has an approval (origination) rate of 50.8%, meaning 50.8% of all applications resulted in a funded mortgage. The denial rate is 28.1%.
What is the average loan amount at COMMERCE BANK?
The average mortgage loan amount at COMMERCE BANK is $164,673. The average interest rate is 6.140%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at COMMERCE BANK?
The most common reasons for mortgage denial at COMMERCE BANK are: Other, Debt-to-income ratio, Credit history. In total, 2,274 applications were denied out of 8,078 total applications.
What types of mortgage loans does COMMERCE BANK offer?
COMMERCE BANK processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 7,858 applications and an average loan amount of $163,997.
What loan purposes does COMMERCE BANK serve?
COMMERCE BANK serves the following loan purposes: Home Improvement (2,505 applications), Other (1,987 applications), Home Purchase (1,864 applications), Refinancing (1,487 applications), Cash-out Refinancing (235 applications). Home Improvement is the most common purpose.
Where is COMMERCE BANK located?
COMMERCE BANK is headquartered in KANSAS CITY, MO. The lender is identified by LEI 7DMUJTL9FFTVIAG9H788 in HMDA data.
How does COMMERCE BANK compare in lending across racial demographics?
COMMERCE BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 53.1% and denial rate of 26.7%; Black or African American applicants have an approval rate of 34.2% and denial rate of 43.4%; Asian applicants have an approval rate of 40.4% and denial rate of 31.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.