Commercial Bank of Grayson

Grayson, KY

Commercial Bank of Grayson processed 174 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 151 loans with a 0.0% denial rate. Home Purchase was the primary loan purpose. Based in Grayson, KY. The approval rate of 86.8% 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. Commercial Bank of Grayson processed 174 HMDA-reported mortgage applications in 2024, originating 151 loans and denying 0 for a denial rate of 0.0% (applicants themselves withdrew 10 files before a decision). The average loan amount was $110,402. The lender reports under LEI 549300C88V21IBGP5Y54 from Grayson, KY.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Commercial Bank of Grayson's 86.8% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (174 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.

174
Applications
151
Originated
0.0%
Denial Rate
$110,402
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 174 151 0 $110,402

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Commercial Bank of Grayson (LEI: 549300C88V21IBGP5Y54) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 100 81 $118,000
Refinancing 41 39 $81,585
Other 13 12 $103,462
Home Improvement 10 10 $145,000
Cash-out Refinancing 10 9 $127,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 117 82.0% 0.0%
Asian 1 0.0% 0.0%
Black or African American 1 100.0% 0.0%

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 119 81.5% 0.0%

Nearby Lenders in KY

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Commercial Bank of Grayson process?
Commercial Bank of Grayson processed 174 mortgage applications in the 2023 HMDA reporting year. Of these, 151 were originated (approved and funded), 10 were withdrawn by the applicant, and 0 were denied.
What is Commercial Bank of Grayson's mortgage approval rate?
Commercial Bank of Grayson has an approval (origination) rate of 86.8%, meaning 86.8% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at Commercial Bank of Grayson?
The average mortgage loan amount at Commercial Bank of Grayson is $110,402.
What types of mortgage loans does Commercial Bank of Grayson offer?
Commercial Bank of Grayson processes Conventional loans. The most common type is Conventional with 174 applications and an average loan amount of $110,402.
What loan purposes does Commercial Bank of Grayson serve?
Commercial Bank of Grayson serves the following loan purposes: Home Purchase (100 applications), Refinancing (41 applications), Other (13 applications), Home Improvement (10 applications), Cash-out Refinancing (10 applications). Home Purchase is the most common purpose.
Where is Commercial Bank of Grayson located?
Commercial Bank of Grayson is headquartered in Grayson, KY. The lender is identified by LEI 549300C88V21IBGP5Y54 in HMDA data.
How does Commercial Bank of Grayson compare in lending across racial demographics?
Commercial Bank of Grayson reports demographic lending data under HMDA requirements. White applicants have an approval rate of 82.0% and denial rate of 0.0%; Asian applicants have an approval rate of 0.0% and denial rate of 0.0%; Black or African American applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.