Commerce Home Mortgage · Kentucky · 2025

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

Commerce Home Mortgage took 47 mortgage applications in Kentucky in 2025, ranking #275 of 856 lenders active in the state. It originated 57.5% of them and denied 14.9% (20.6% of the applications it decided), against a statewide denial rate of 18.8%.

47Applicationsin KY
20.6%Decision denial ratestate 23.5%
7.13%Median ratestate 6.75%
$265,000Median loanstate $155,000
$11MVolume20 counties

Commerce Home Mortgage in Kentucky vs the state

14.9%Denial rate-3.92 pts vs state
20.6%Decision denial rate-2.90 pts vs state
57.5%Origination rate-0.59 pts vs state
7.13%Median rate+0.38 pts vs state
0.93Rate spread (pts)+0.62 pts vs state
$153kMedian applicant income
27Loans originated
7Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023301116.7%8.90%#285
20241690.0%7.38%#362
2025472714.9%7.13%#275

What Commerce Home Mortgage lends in Kentucky

By loan purpose

Home purchase 31 66% · 9.7% denied
Refinance 1 2% · 0.0% denied
Cash-out refinance 15 32% · 26.7% denied

By loan type

Conventional 47 100% · 14.9% denied

Why it denied Kentucky applicants

Other 2 29%
Collateral 2 29%
Incomplete application 2 29%
Insufficient cash 1 14%

Where in Kentucky

Counties with the most Commerce Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1374 30.8%
Madison County 410 0.0%
Boone County 430 0.0%
Kenton County 430 0.0%
McCracken County 310 0.0%
Franklin County 330 0.0%
Fayette County 210 0.0%
Campbell County 220 0.0%
Oldham County 101 100.0%
Grant County 110 0.0%

Other large lenders in Kentucky

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 8,42018.1%6.75%
Vanderbilt Mortgage and FinanceF 8,22044.8%9.50%
United Shore Financial ServicesB 6,8719.8%6.50%
Fifth Third BankD 5,66325.5%7.75%
U.S. BankD 4,88729.5%7.00%
Mortgage Research CenterC 3,61718.0%6.25%
PNC BankD 3,58523.7%7.40%
21st MortgageF 3,47848.0%9.95%
CommonwealthC 3,27024.9%7.25%
Stockton MortgageD 3,2556.1%6.63%

Frequently asked questions

Kentucky: 47 applications in 2025, of which 27 were originated and 7 denied.

14.9% of all applications, or 20.6% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

The median rate on loans Commerce Home Mortgage originated in Kentucky in 2025 was 7.13%, against a statewide median of 6.75%.

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