# National Bank of Commerce

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


> **📋 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


National Bank of Commerce is a bank, headquartered in Superior, WI, serving borrowers across 7 states, with 129 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 63% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 57% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300YSSK1TDPTWQ036
- **Headquarters:** Superior, WI
- **Geographic Reach:** Multi-Region
- **States Served:** 7
- **State List:** AZ, CO, FL, MI, MN, SD, WI
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 37/100
- Rating: ●●○○○ (2/5)

### Pull Through: Sound ☺️
- Score: 43/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.183%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,682
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 129
- **Dollar Volume:** $37 million
- **Applications Received:** 154
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $285,930
- **Average Borrower Income:** $178,326
- **Average Property Value:** $403,527

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 53/100 | 123 | +0.183% | $2,657 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 104 loans, Score: 52/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 52/100 | 109 | $33M | +0.143% | Sound ☺️ |
| Refinance | 46/100 | 20 | $4M | +0.416% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MN | 79 | 0.12% | 66/100 |
| WI | 45 | 0.07% | 60/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Duluth, MN | MN-WI | 99 | 80/100 |
| Non |  | 17 | 32/100 |

## Where This Lender Ranks

National Bank of Commerce appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#7** in Duluth, MN Banks
  - [View Full Rankings](https://saferate.com/duluth-mn/best-mortgage-lenders/banks)
- 🏆 **#7** in Duluth, MN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/duluth-mn/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#15** in Duluth, MN
  - [View Full Rankings](https://saferate.com/duluth-mn/best-mortgage-lenders)
- 🏆 **#20** in Duluth, MN for Conventional Loans
  - [View Full Rankings](https://saferate.com/duluth-mn/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does National Bank of Commerce offer?

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

### Where does National Bank of Commerce offer mortgages?

National Bank of Commerce offers mortgages in 7 states: AZ, CO, FL, MI, MN, SD, WI.

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

National Bank of Commerce has a pricing score of 37/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.183% above market average.

### What type of lender is National Bank of Commerce?

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

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

National Bank of Commerce has a pull-through score of 43/100 (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/national-bank-of-commerce

### How to Cite

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

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