Commerce Home Mortgage · Georgia · 2025

Commerce Home Mortgage in Georgia: approval rate, denial rate and rates (2025)

Commerce Home Mortgage took 299 mortgage applications in Georgia in 2025, ranking #202 of 1,201 lenders active in the state. It originated 52.5% of them and denied 15.7% (22.8% of the applications it decided), against a statewide denial rate of 19.2%.

299Applicationsin GA
22.8%Decision denial ratestate 25.1%
7.50%Median ratestate 6.63%
$305,000Median loanstate $235,000
$65MVolume58 counties

Commerce Home Mortgage in Georgia vs the state

15.7%Denial rate-3.50 pts vs state
22.8%Decision denial rate-2.25 pts vs state
52.5%Origination rate-1.58 pts vs state
7.50%Median rate+0.88 pts vs state
1.22Rate spread (pts)+0.96 pts vs state
$190kMedian applicant income
157Loans originated
47Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329715212.5%8.88%#177
20241295911.6%8.38%#290
202529915715.7%7.50%#202

What Commerce Home Mortgage lends in Georgia

By loan purpose

Home purchase 179 60% · 8.4% denied
Refinance 26 9% · 23.1% denied
Cash-out refinance 94 31% · 27.7% denied

By loan type

Conventional 290 97% · 15.9% denied
FHA 4 1% · 0.0% denied
VA 5 2% · 20.0% denied

Why it denied Georgia applicants

Collateral 14 30%
Credit history 7 15%
Other 7 15%
Incomplete application 7 15%
Unverifiable information 7 15%
Insufficient cash 3 6%
Debt-to-income ratio 2 4%

Where in Georgia

Counties with the most Commerce Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 482412 25.0%
Gwinnett County 41254 9.8%
DeKalb County 28106 21.4%
Cobb County 2293 13.6%
Henry County 1341 7.7%
Forsyth County 961 11.1%
Hall County 952 22.2%
Rockdale County 832 25.0%
Cherokee County 862 25.0%
Walton County 732 28.6%

Other large lenders in Georgia

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 29,84518.2%6.63%
United Shore Financial ServicesB 23,78412.6%6.25%
Navy Federal Credit UnionD 12,38826.4%7.95%
Truist BankC 10,56338.7%6.49%
Pennymac Loan ServicesC 10,27311.6%6.49%
Broker SolutionsD 9,7098.6%6.63%
Mortgage Research CenterC 9,44319.8%6.25%
Freedom MortgageB 9,2939.1%6.25%
Bank of AmericaF 9,16836.5%6.24%
Ameris BankB 8,06510.1%6.50%

Frequently asked questions

Georgia: 299 applications in 2025, of which 157 were originated and 47 denied.

15.7% of all applications, or 22.8% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans Commerce Home Mortgage originated in Georgia in 2025 was 7.50%, against a statewide median of 6.63%.

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