Commerce Bank · Missouri · 2025

Commerce Bank in Missouri: approval rate, denial rate and rates (2025)

Commerce Bank took 4,905 mortgage applications in Missouri in 2025, ranking #10 of 1,023 lenders active in the state. It originated 50.7% of them and denied 27.2% (34.5% of the applications it decided), against a statewide denial rate of 15.1%.

4.9kApplicationsin MO
34.5%Decision denial ratestate 18.7%
6.72%Median ratestate 6.63%
$65,000Median loanstate $175,000
$366MVolume91 counties

Commerce Bank in Missouri vs the state

27.2%Denial rate+12.13 pts vs state
34.5%Decision denial rate+15.78 pts vs state
50.7%Origination rate-11.94 pts vs state
6.72%Median rate+0.09 pts vs state
0.31Rate spread (pts)-0.04 pts vs state
$87kMedian applicant income
2,488Loans originated
1,334Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,5992,83329.6%6.75%#5
20245,3632,70928.5%6.75%#8
20254,9052,48827.2%6.72%#10

What Commerce Bank lends in Missouri

By loan purpose

Home purchase 935 19% · 15.7% denied
Refinance 1,121 23% · 15.2% denied
Cash-out refinance 178 4% · 32.6% denied
Home improvement 1,493 30% · 35.2% denied
Other / HELOC 1,178 24% · 36.8% denied

By loan type

Conventional 4,720 96% · 26.9% denied
FHA 156 3% · 36.5% denied
VA 25 1% · 20.0% denied
USDA / RHS 4 0% · 25.0% denied

Why it denied Missouri applicants

Debt-to-income ratio 663 50%
Other 427 32%
Collateral 122 9%
Credit history 107 8%
Unverifiable information 8 1%
Employment history 7 1%

Where in Missouri

Counties with the most Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Louis County 1,113603268 24.1%
Jackson County 850411239 28.1%
St. Charles County 419220102 24.3%
Jefferson County 28713986 30.0%
Greene County 28116362 22.1%
Clay County 26713970 26.2%
St. Louis city 2117775 35.5%
Cass County 1668350 30.1%
Buchanan County 1497046 30.9%
Boone County 1368332 23.5%

Other large lenders in Missouri

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 10,46018.4%6.63%
Flat Branch MortgageA 8,9990.9%6.63%
Guild MortgageA 7,3882.5%6.63%
U.S. BankD 7,19032.8%7.63%
The Central Trust BankC 7,0229.7%6.63%
United Shore Financial ServicesB 6,7108.0%6.55%
Communityamerica Credit UnionB 5,84316.8%6.49%
Mortgage Research CenterC 5,73415.6%6.25%
Broker SolutionsD 5,0077.8%6.88%
Pennymac Loan ServicesC 4,61012.1%6.38%

Frequently asked questions

Missouri: 4,905 applications in 2025, of which 2,488 were originated and 1,334 denied.

27.2% of all applications, or 34.5% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans Commerce Bank originated in Missouri in 2025 was 6.72%, against a statewide median of 6.63%.

About this data. Figures are Commerce Bank's own HMDA filing for properties located in Missouri, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology