Commerce Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007
Commerce Bank 2007 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Commerce Bank 3801 Paxton St Harrisburg, PA 17111 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,999 |
| Total Mortgage Loan Application Amount | $253,825,000 |
| Average Mortgage Loan Application Amount | $92,000 |
| Highest Mortgage Loan Application Amount | $2,900,000 |
| Average Applicant Income | $83,000 |
| Highest Applicant Income | $4,600,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2007 with Commerce Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Commerce Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2007 breaks down Commerce Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Commerce Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Commerce Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Commerce Bank's mortgage activity for 2007.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| York County Pennsylvania | 780 | $ 55,808,000 | $ 71,000 | $ 73,000 |
| Dauphin County Pennsylvania | 668 | $ 52,993,000 | $ 79,000 | $ 89,000 |
| Cumberland County Pennsylvania | 463 | $ 41,837,000 | $ 90,000 | $ 94,000 |
| Berks County Pennsylvania | 352 | $ 22,977,000 | $ 65,000 | $ 65,000 |
| Lebanon County Pennsylvania | 262 | $ 19,269,000 | $ 73,000 | $ 70,000 |
| Lancaster County Pennsylvania | 196 | $ 18,095,000 | $ 92,000 | $ 88,000 |
| Perry County Pennsylvania | 40 | $ 3,589,000 | $ 89,000 | $ 52,000 |
| Adams County Pennsylvania | 11 | $ 1,225,000 | $ 111,000 | $ 116,000 |
| Juniata County Pennsylvania | 10 | $ 565,000 | $ 56,000 | $ 51,000 |
| Montgomery County Pennsylvania | 10 | $ 1,546,000 | $ 154,000 | $ 82,000 |
| Chester County Pennsylvania | 9 | $ 1,406,000 | $ 156,000 | $ 98,000 |
| Schuylkill County Pennsylvania | 8 | $ 791,000 | $ 98,000 | $ 75,000 |
| Philadelphia County Pennsylvania | 7 | $ 410,000 | $ 58,000 | $ 47,000 |
| Cape May County New Jersey | 5 | $ 3,480,000 | $ 696,000 | $ 503,000 |
| Huntingdon County Pennsylvania | 4 | $ 627,000 | $ 156,000 | $ 184,000 |
| Sussex County Delaware | 3 | $ 405,000 | $ 135,000 | $ 92,000 |
| Mifflin County Pennsylvania | 3 | $ 80,000 | $ 26,000 | $ 45,000 |
| Northumberland County Pennsylvania | 3 | $ 31,000 | $ 10,000 | $ 42,000 |
| Anne Arundel County Maryland | 2 | $ 241,000 | $ 120,000 | $ 54,000 |
| Howard County Maryland | 2 | $ 911,000 | $ 455,000 | $ 219,000 |
| Atlantic County New Jersey | 2 | $ 1,187,000 | $ 593,000 | $ 51,000 |
| Bergen County New Jersey | 2 | $ 200,000 | $ 100,000 | $ 76,000 |
| Ocean County New Jersey | 2 | $ 672,000 | $ 336,000 | $ 128,000 |
| Bucks County Pennsylvania | 2 | $ 340,000 | $ 170,000 | $ 110,000 |
| Carbon County Pennsylvania | 2 | $ 105,000 | $ 52,000 | $ 71,000 |
| Lehigh County Pennsylvania | 2 | $ 74,000 | $ 37,000 | $ 94,000 |
| Luzerne County Pennsylvania | 2 | $ 128,000 | $ 64,000 | $ 103,000 |
| Lycoming County Pennsylvania | 2 | $ 360,000 | $ 180,000 | $ 245,000 |
| York County South Carolina | 2 | $ 300,000 | $ 150,000 | $ 73,000 |
| Bedford County Virginia | 2 | $ 1,600,000 | $ 800,000 | $ 874,000 |
| Fairfax County Virginia | 2 | $ 499,000 | $ 249,000 | $ 86,000 |
| Monterey County California | 1 | $ 578,000 | $ 578,000 | $ 137,000 |
| Jefferson County Colorado | 1 | $ 227,000 | $ 227,000 | $ 97,000 |
| Lee County Florida | 1 | $ 213,000 | $ 213,000 | $ 116,000 |
| Monroe County Florida | 1 | $ 365,000 | $ 365,000 | $ 301,000 |
| Polk County Florida | 1 | $ 110,000 | $ 110,000 | $ 37,000 |
| DeKalb County Georgia | 1 | $ 160,000 | $ 160,000 | $ 56,000 |
| Gwinnett County Georgia | 1 | $ 200,000 | $ 200,000 | $ 48,000 |
| Taylor County Iowa | 1 | $ 100,000 | $ 100,000 | $ 191,000 |
| Lafayette County Louisiana | 1 | $ 203,000 | $ 203,000 | $ 88,000 |
| Kent County Maryland | 1 | $ 133,000 | $ 133,000 | $ 145,000 |
| Worcester County Maryland | 1 | $ 360,000 | $ 360,000 | $ 300,000 |
| Hampshire County Massachusetts | 1 | $ 120,000 | $ 120,000 | $ 292,000 |
| Gloucester County New Jersey | 1 | $ 183,000 | $ 183,000 | $ 196,000 |
| Hudson County New Jersey | 1 | $ 1,370,000 | $ 1,370,000 | $ 0 |
| Middlesex County New Jersey | 1 | $ 14,000 | $ 14,000 | $ 92,000 |
| Bronx County New York | 1 | $ 149,000 | $ 149,000 | $ 65,000 |
| Herkimer County New York | 1 | $ 124,000 | $ 124,000 | $ 396,000 |
| Nassau County New York | 1 | $ 400,000 | $ 400,000 | $ 113,000 |
| Queens County New York | 1 | $ 392,000 | $ 392,000 | $ 70,000 |
| Dare County North Carolina | 1 | $ 60,000 | $ 60,000 | $ 160,000 |
| Lucas County Ohio | 1 | $ 102,000 | $ 102,000 | $ 205,000 |
| Columbia County Pennsylvania | 1 | $ 30,000 | $ 30,000 | $ 17,000 |
| Fayette County Pennsylvania | 1 | $ 41,000 | $ 41,000 | $ 35,000 |
| Franklin County Pennsylvania | 1 | $ 12,000 | $ 12,000 | $ 26,000 |
| Jefferson County Pennsylvania | 1 | $ 18,000 | $ 18,000 | $ 26,000 |
| Lackawanna County Pennsylvania | 1 | $ 6,000 | $ 6,000 | $ 48,000 |
| Monroe County Pennsylvania | 1 | $ 130,000 | $ 130,000 | $ 75,000 |
| Snyder County Pennsylvania | 1 | $ 78,000 | $ 78,000 | $ 41,000 |
| Sullivan County Pennsylvania | 1 | $ 350,000 | $ 350,000 | $ 250,000 |
| Union County Pennsylvania | 1 | $ 52,000 | $ 52,000 | $ 150,000 |
| Westmoreland County Pennsylvania | 1 | $ 183,000 | $ 183,000 | $ 111,000 |
| Providence County Rhode Island | 1 | $ 372,000 | $ 372,000 | $ 405,000 |
| Beaufort County South Carolina | 1 | $ 2,900,000 | $ 2,900,000 | $ 0 |
| Georgetown County South Carolina | 1 | $ 750,000 | $ 750,000 | $ 232,000 |
| Greenville County South Carolina | 1 | $ 88,000 | $ 88,000 | $ 54,000 |
| Dinwiddie County Virginia | 1 | $ 35,000 | $ 35,000 | $ 110,000 |
Mortgage Loan Application Detail Totals for Commerce Bank in 2007
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Improvement | 1,270 | $49,129,000 | $38,000 | $675,000 | $67,000 | $1,590,000 |
| Refinancing | 967 | $107,341,000 | $111,000 | $1,370,000 | $91,000 | $4,000,000 |
| Home Purchase | 762 | $97,355,000 | $127,000 | $2,900,000 | $91,000 | $4,600,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 2,312 | $199,344,000 | $86,000 | $1,680,000 | $79,000 | $3,800,000 |
| Not Provided | 195 | $10,423,000 | $53,000 | $1,186,000 | $71,000 | $571,000 |
| Hispanic | 174 | $9,138,000 | $52,000 | $270,000 | $49,000 | $380,000 |
| Black or African American | 134 | $10,028,000 | $74,000 | $392,000 | $55,000 | $245,000 |
| Asian | 111 | $9,423,000 | $84,000 | $350,000 | $78,000 | $247,000 |
| Not applicable | 62 | $14,462,000 | $233,000 | $2,900,000 | $348,000 | $4,600,000 |
| Native Hawaiian or Other Pacific Islander | 8 | $697,000 | $87,000 | $385,000 | $69,000 | $148,000 |
| American Indian or Alaskan Native | 3 | $310,000 | $103,000 | $200,000 | $109,000 | $159,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 2,982 | $251,709,000 | $84,000 | $2,900,000 | $81,000 | $4,600,000 |
| FHA-insured (Federal Housing Administration) | 11 | $1,416,000 | $128,000 | $210,000 | $47,000 | $71,000 |
| VA-guaranteed (Veterans Administration) | 6 | $700,000 | $116,000 | $215,000 | $51,000 | $72,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 1,545 | $158,723,000 | $102,000 | $2,900,000 | $101,000 | $4,600,000 |
| Application Denied By Financial Institution | 1,052 | $51,505,000 | $48,000 | $840,000 | $54,000 | $380,000 |
| Application Withdrawn By Applicant | 200 | $22,134,000 | $110,000 | $1,186,000 | $83,000 | $500,000 |
| Application Approved But Not Accepted | 106 | $10,065,000 | $94,000 | $473,000 | $77,000 | $396,000 |
| Preapproval Denied by Financial Institution | 73 | $7,982,000 | $109,000 | $252,000 | $42,000 | $245,000 |
| Preapproval Approved but not Accepted | 22 | $3,300,000 | $150,000 | $270,000 | $53,000 | $89,000 |
| File Closed For Incompleteness | 1 | $116,000 | $116,000 | $116,000 | $144,000 | $144,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit History | 573 | $27,392,000 | $47,000 | $675,000 | $48,000 | $342,000 |
| Debt-To-Income Ratio | 252 | $15,938,000 | $63,000 | $840,000 | $54,000 | $219,000 |
| Collateral | 175 | $10,873,000 | $62,000 | $327,000 | $74,000 | $380,000 |
| Employment History | 88 | $2,219,000 | $25,000 | $155,000 | $39,000 | $131,000 |
| Other | 22 | $1,329,000 | $60,000 | $206,000 | $58,000 | $245,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $1,204,000 | $133,000 | $392,000 | $51,000 | $70,000 |
| Unverifiable Information | 3 | $357,000 | $119,000 | $144,000 | $64,000 | $114,000 |
| Credit Application Incomplete | 3 | $175,000 | $58,000 | $160,000 | $35,000 | $43,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Commerce Bank's 2007 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Commerce Bank's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Pennsylvania, download the full spreadsheet
with aggregated HMDA statistics today.