What loan types does Commerce Home Mortgage offer?

Commerce Home Mortgage offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing score and performance metrics.

Where does Commerce Home Mortgage offer mortgages?

Commerce Home Mortgage is a national lender offering mortgages in all 50 states plus Washington D.C.

How competitive are Commerce Home Mortgage's mortgage rates?

Commerce Home Mortgage has an overall pricing score of 20.6/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Commerce Home Mortgage?

Commerce Home Mortgage is a Independent Mortgage Company headquartered in Sacramento, CA.

Unclaimed

Commerce Home Mortgage

Independent Mortgage Company•Sacramento, CAHQ•Direct & Wholesale•Reviews near you on Google

We analyzed every closed loan from Commerce Home Mortgage — 3.4k loans across 6k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Acceptable

2/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Exceptional

5/5

FHA · Conventional · VA · Jumbo

Place

Sound

3/5

National · 49 mkts

Awards

FHA

Superstar

Summary

What They Do Well

Strong pull through performance
Particularly strong in Conventional and FHA and VA and Jumbo loans
Nationwide availability with consistent service

Things to Think About

Rates typically 56 basis points above market average

Explore another lender or local market

Report Card

Commerce Home Mortgage performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Acceptable

+56.2 bps above market avg

Pull Through

Closing strength

Strong

Top 40% of lenders

By Loan Product· Specialization by type

Conventional

Exceptional

Top 20% of lenders

FHA

Exceptional

Top 20% of lenders

Strong

Top 40% of lenders

Jumbo

Exceptional

Top 20% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Exceptional

Top 20% of lenders

Refinance

Strong

Top 40% of lenders

By Location· Geographic coverage

Geographic Reach

National · 50 markets

Sound

Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Exceptional	Acceptable	Strong	2,033	59.9%	+0.559%Above	$3,209Fees
FHA Loans	Strong	Exceptional	Acceptable	Strong	811	23.9%	+0.625%Above	$3,995Fees
VA Loans	Sound	Strong	Mediocre	Strong	178	5.2%	-0.076%Below	$3,262Fees
Jumbo Loans	Sound	Exceptional	Mediocre	Sound	364	10.7%	+0.960%Above	$2,642Fees

Conventional

Overall

Sound

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume2,033

Mix59.9%

Spread

+0.559%Above

Fees

$3,209Fees

FHA Loans

Overall

Strong

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume811

Mix23.9%

Spread

+0.625%Above

Fees

$3,995Fees

VA Loans

Overall

Sound

Product

Strong

Pricing

Mediocre

Pull Through

Strong

Volume178

Mix5.2%

Spread

-0.076%Below

Fees

$3,262Fees

Jumbo Loans

Overall

Sound

Product

Exceptional

Pricing

Mediocre

Pull Through

Sound

Volume364

Mix10.7%

Spread

+0.960%Above

Fees

$2,642Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Exceptional	Acceptable	Strong	2,733	80.5%	+0.557%Above	$3,550Fees
Refinance	Sound	Strong	Mediocre	Sound	660	19.5%	+0.590%Above	$2,750Fees

Purchase

Overall

Sound

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume2,733

Mix80.5%

Spread

+0.557%Above

Fees

$3,550Fees

Refinance

Overall

Sound

Product

Strong

Pricing

Mediocre

Pull Through

Sound

Volume660

Mix19.5%

Spread

+0.590%Above

Fees

$2,750Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

3,393

Applications

5,649

Volume

$1 billion

Pricing & Closing

Avg Rate Spread

+0.562%

vs. market APOR

Avg Net Fees

$3,424

Origination − Credits

Pullthrough Rate

60.1%

Applications → Closed

Typical Borrower

Avg Loan Amount

$548,366

Avg Borrower Income

$285,193

Avg Property Value

$783,550

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

Northeast4

CTNHNJPA

Midwest10

IAILINKSMIMNNDOHSDWI

South17

ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVAWV

West12

AZCACOHIIDMTNMNVORUTWAWY

Top Metro Areas by Place Specialization Score

1© Thomas Vogt · CC BY 4.0

El Paso, TXMetro

Volume 556Mix 16.39% of portfolio

97/100

Exceptional

2© Original uploader was VisalianNsf at en.wikipedia · CC BY-SA 3.0

Visalia, CAMetro

Volume 255Mix 7.52% of portfolio

91/100

Exceptional

3© Suzi Rosenberg · CC BY 2.0

Chico, CAMetro

Volume 66Mix 1.95% of portfolio

82/100

Exceptional

4© Basil D Soufi · CC BY-SA 3.0

Oakland, CAMetro

Volume 230Mix 6.78% of portfolio

79/100

Strong

5© inderwadhwa · CC BY-SA 3.0

Redding, CAMetro

Volume 63Mix 1.86% of portfolio

79/100

Strong

Los Angeles, CAMetro

Volume 215Mix 6.34% of portfolio

72/100

Strong

San Jose, CAMetro

Volume 114Mix 3.36% of portfolio

71/100

Strong

Las Cruces, NMMetro

Volume 60Mix 1.77% of portfolio

69/100

Strong

Hanford, CAMetro

Volume 38Mix 1.12% of portfolio

67/100

Strong

San Francisco, CAMetro

Volume 58Mix 1.71% of portfolio

65/100

Strong

Showing 10 of 49 metro areas

Top States by Place Specialization Score

CaliforniaState

Volume 1,617Mix 47.66% of portfolio

82/100

Exceptional

TexasState

Volume 699Mix 20.60% of portfolio

75/100

Strong

ColoradoState

Volume 150Mix 4.42% of portfolio

64/100

Strong

New MexicoState

Volume 79Mix 2.33% of portfolio

63/100

Strong

FloridaState

Volume 256Mix 7.54% of portfolio

63/100

Strong

OregonState

Volume 97Mix 2.86% of portfolio

63/100

Strong

WashingtonState

Volume 76Mix 2.24% of portfolio

58/100

Sound

New JerseyState

Volume 49Mix 1.44% of portfolio

53/100

Sound

ArizonaState

Volume 56Mix 1.65% of portfolio

53/100

Sound

NevadaState

Volume 33Mix 0.97% of portfolio

51/100

Sound

Showing 10 of 22 states

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Looking for a different lender?

Are you the owner of Commerce Home Mortgage?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.