First Commerce Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
9th28.6% deniedPricingmedian rate spread over APOR, weight 30%
78th0.03 ptsProcesswithdrawn + incomplete share, weight 15%
64th8.8%Closing coststotal loan costs ÷ loan amount, weight 10%
7th4.49% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 761 | 417 | 24.2% | 28.1% | 7.50% | $62M |
| 2024 | 949 | 546 | 27.2% | 29.5% | 8.25% | $75M |
| 2025 | 958 | 545 | 26.1% | 28.6% | 7.25% | $80M |
What First Commerce Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 395 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 53 investment properties.
Why First Commerce Credit Union denies applications
Primary reason reported for each of the 250 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First Commerce Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 118 | 44 | 52.3% |
| $50k – $100k | 351 | 187 | 30.7% |
| $100k – $150k | 222 | 143 | 19.0% |
| $150k – $250k | 138 | 101 | 12.4% |
| Over $250k | 83 | 45 | 31.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 115 | 62 | 27.2% |
| 35–44 | 183 | 98 | 29.2% |
| 45–54 | 255 | 139 | 32.3% |
| 55–64 | 194 | 117 | 25.3% |
| 65–74 | 132 | 82 | 27.3% |
| Over 74 | 38 | 20 | 27.0% |
Where First Commerce Credit Union lends
5 states and 46 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
First Commerce Credit Union denied 28.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 9th percentile of small mortgage lenders.
The most common reason First Commerce Credit Union gave in 2025 was "debt-to-income ratio", cited on 35.6% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans First Commerce Credit Union originated in 2025 was 7.25%, and its median rate spread over the average prime offer rate was 0.03 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 19% of its applications were for home purchases, 32% for refinancing (including cash-out), and 49% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.