# Commerce Bank

> **Canonical URL:** https://saferate.com/lenders/commerce-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Commerce Bank is a bank, headquartered in Kansas City, MO, serving borrowers across 33 states, with 1,112 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 48% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 53% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 7DMUJTL9FFTVIAG9H788
- **Headquarters:** Kansas City, MO
- **Geographic Reach:** Near-National
- **States Served:** 33
- **State List:** AL, AR, AZ, CA, CO, DC, FL, GA, HI, IA, IL, IN, KS, LA, MI, MN, MO, MS, NH, NM, NV, NY, OH, OK, RI, SC, TN, TX, UT, VA, WA, WI, WY
- **Markets (MSAs):** 13
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 47/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.239%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $473
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,112
- **Dollar Volume:** $372 million
- **Applications Received:** 1,994
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $334,865
- **Average Borrower Income:** $196,035
- **Average Property Value:** $499,703

## Safe Rate Awards 🏆

- ⭐ **Jumbo Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 70/100 | 949 | +0.233% | $456 | Strong 😀 |
| FHA | 60/100 | 64 | +1.057% | $239 | Strong 😀 |
| VA | 38/100 | 11 | +0.424% | $726 | Acceptable 🙂 |
| Jumbo | 79/100 | 88 | -0.252% | $789 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 748 loans, Score: 66/100 (Strong)
- Refinance: 201 loans, Score: 74/100 (Strong)

**FHA:**
- Purchase: 49 loans, Score: 59/100 (Sound)

**Jumbo:**
- Purchase: 86 loans, Score: 80/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 65/100 | 894 | $338M | +0.128% | Strong 😀 |
| Refinance | 73/100 | 218 | $34M | +0.726% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MO | 634 | 0.85% | 82/100 |
| KS | 216 | 0.72% | 81/100 |
| CO | 83 | 0.10% | 60/100 |
| IL | 52 | 0.04% | 54/100 |
| TX | 29 | 0.01% | 43/100 |
| OK | 19 | 0.05% | 46/100 |
| FL | 12 | 0.00% | 34/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Kansas City, MO | MO-KS | 332 | 80/100 |
| St. Louis, MO | MO-IL | 230 | 79/100 |
| Non |  | 123 | 54/100 |
| Denver | CO | 64 | 60/100 |
| Springfield, MO | MO | 60 | 68/100 |
| Wichita, KS | KS | 49 | 63/100 |
| Columbia, MO | MO | 28 | 58/100 |
| St. Joseph, MO | MO-KS | 27 | 64/100 |
| Peoria, IL | IL | 20 | 50/100 |
| Houston | TX | 14 | 40/100 |
| Cape Girardeau, MO | MO-IL | 12 | 42/100 |
| Manhattan, KS | KS | 12 | 45/100 |
| Lawrence, KS | KS | 10 | 42/100 |

## Where This Lender Ranks

Commerce Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in St. Joseph, MO for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/st-joseph-mo/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in St. Joseph, MO Banks
  - [View Full Rankings](https://saferate.com/st-joseph-mo/best-mortgage-lenders/banks)
- 🏆 **#4** in St. Joseph, MO for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/st-joseph-mo/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#5** in Columbia, MO Banks
  - [View Full Rankings](https://saferate.com/columbia-mo/best-mortgage-lenders/banks)
- 🏆 **#7** in Kansas for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/kansas/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#8** in Manhattan, KS for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/manhattan-ks/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#9** in Kansas for Jumbo Loans
  - [View Full Rankings](https://saferate.com/kansas/best-mortgage-lenders/jumbo-loans)
- 🏆 **#9** in Lawrence, KS for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/lawrence-ks/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#10** in Missouri for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/missouri/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#10** in Kansas City, MO for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/kansas-city-mo/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#10** in St. Joseph, MO
  - [View Full Rankings](https://saferate.com/st-joseph-mo/best-mortgage-lenders)
- 🏆 **#10** in Cape Girardeau, MO for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/cape-girardeau-mo/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#11** in St. Louis, MO for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/st-louis-mo/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#11** in Springfield, MO for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/springfield-mo/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#11** in St. Joseph, MO for FHA Loans
  - [View Full Rankings](https://saferate.com/st-joseph-mo/best-mortgage-lenders/fha-loans)
- 🏆 **#12** in Columbia, MO for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/columbia-mo/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#12** in St. Joseph, MO for Conventional Loans
  - [View Full Rankings](https://saferate.com/st-joseph-mo/best-mortgage-lenders/conventional-loans)
- 🏆 **#13** in Peoria, IL Banks
  - [View Full Rankings](https://saferate.com/peoria-il/best-mortgage-lenders/banks)
- 🏆 **#14** in Peoria, IL for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/peoria-il/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#15** in Kansas City, MO for Jumbo Loans
  - [View Full Rankings](https://saferate.com/kansas-city-mo/best-mortgage-lenders/jumbo-loans)

## Frequently Asked Questions

### What loan types does Commerce Bank offer?

Commerce Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Commerce Bank offer mortgages?

Commerce Bank offers mortgages in 33 states: AL, AR, AZ, CA, CO, DC, FL, GA, HI, IA, IL, IN, KS, LA, MI, MN, MO, MS, NH, NM, NV, NY, OH, OK, RI, SC, TN, TX, UT, VA, WA, WI, WY.

### How competitive are Commerce Bank's mortgage rates?

Commerce Bank has a pricing score of 52/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.239% above market average.

### What type of lender is Commerce Bank?

Commerce Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Kansas City, MO.

### What is Commerce Bank's loan approval success rate?

Commerce Bank has a pull-through score of 47/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/commerce-bank

### How to Cite

> "Commerce Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/commerce-bank

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