# Commercial Bank

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


Commercial Bank is a bank, headquartered in Harrogate, TN, serving borrowers across 7 states, with 157 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 54% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 43% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300XQ8DRJT0OETE90
- **Headquarters:** Harrogate, TN
- **Geographic Reach:** Multi-Region
- **States Served:** 7
- **State List:** CO, FL, KY, NC, SC, TN, VA
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 46/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 57/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.281%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $969
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 157
- **Dollar Volume:** $45 million
- **Applications Received:** 197
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $289,713
- **Average Borrower Income:** $137,248
- **Average Property Value:** $548,758

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 51/100 | 151 | -0.271% | $997 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 113 loans, Score: 49/100 (Sound)
- Refinance: 38 loans, Score: 42/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 46/100 | 118 | $38M | -0.397% | Sound ☺️ |
| Refinance | 38/100 | 39 | $8M | +0.075% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TN | 110 | 0.12% | 70/100 |
| KY | 40 | 0.09% | 60/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 71 | 54/100 |
| Knoxville, TN | TN | 56 | 66/100 |
| Morristown, TN | TN | 17 | 62/100 |

## Where This Lender Ranks

Commercial Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Morristown, TN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/morristown-tn/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#12** in Knoxville, TN for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/knoxville-tn/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#14** in Knoxville, TN Banks
  - [View Full Rankings](https://saferate.com/knoxville-tn/best-mortgage-lenders/banks)
- 🏆 **#15** in Knoxville, TN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/knoxville-tn/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#15** in Knoxville, TN for Jumbo Loans
  - [View Full Rankings](https://saferate.com/knoxville-tn/best-mortgage-lenders/jumbo-loans)
- 🏆 **#15** in Morristown, TN for Conventional Loans
  - [View Full Rankings](https://saferate.com/morristown-tn/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Commercial Bank offer?

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

### Where does Commercial Bank offer mortgages?

Commercial Bank offers mortgages in 7 states: CO, FL, KY, NC, SC, TN, VA.

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

Commercial Bank has a pricing score of 46/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.281% below market average.

### What type of lender is Commercial Bank?

Commercial Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Harrogate, TN.

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

Commercial Bank has a pull-through score of 57/100 (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/commercial-bank

### How to Cite

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

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