Bank of America · Oklahoma · 2025

Bank of America in Oklahoma: approval rate, denial rate and rates (2025)

Bank of America took 1,250 mortgage applications in Oklahoma in 2025, ranking #25 of 821 lenders active in the state. It originated 40.2% of them and denied 33.5% (45.2% of the applications it decided), against a statewide denial rate of 17.9%.

1.3kApplicationsin OK
45.2%Decision denial ratestate 22.9%
6.24%Median ratestate 6.63%
$115,000Median loanstate $165,000
$103MVolume60 counties

Bank of America in Oklahoma vs the state

33.5%Denial rate+15.60 pts vs state
45.2%Decision denial rate+22.28 pts vs state
40.2%Origination rate-15.94 pts vs state
6.24%Median rate-0.38 pts vs state
0.29Rate spread (pts)-0.06 pts vs state
$86kMedian applicant income
502Loans originated
419Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,48454747.4%6.88%#18
20241,31851039.6%6.75%#23
20251,25050233.5%6.24%#25

What Bank of America lends in Oklahoma

By loan purpose

Home purchase 472 38% · 21.2% denied
Refinance 106 8% · 18.9% denied
Cash-out refinance 24 2% · 29.2% denied
Home improvement 391 31% · 44.8% denied
Other / HELOC 257 21% · 45.5% denied

By loan type

Conventional 1,214 97% · 33.6% denied
FHA 33 3% · 33.3% denied
VA 3 0% · 0.0% denied

Why it denied Oklahoma applicants

Credit history 216 52%
Debt-to-income ratio 118 28%
Collateral 44 11%
Other 12 3%
Unverifiable information 12 3%
Insufficient cash 8 2%
Employment history 6 1%
Incomplete application 3 1%

Where in Oklahoma

Counties with the most Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tulsa County 396180113 28.5%
Oklahoma County 352157115 32.7%
Cleveland County 1033337 35.9%
Canadian County 713028 39.4%
Rogers County 491916 32.7%
Wagoner County 301210 33.3%
Payne County 1665 31.3%
Osage County 1676 37.5%
Logan County 1675 31.3%
Creek County 1573 20.0%

Other large lenders in Oklahoma

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 6,99024.0%6.75%
First United Bank and TrustC 5,6305.9%6.88%
Arvest BankC 5,38717.6%7.00%
21st MortgageF 5,21746.8%9.83%
BancFirstC 4,79910.0%7.38%
BOKFD 4,22720.2%6.63%
Mortgage Research CenterC 4,01218.8%6.25%
United Shore Financial ServicesB 3,73513.8%6.13%
Associated MortgageA 3,2130.7%6.50%
Vanderbilt Mortgage and FinanceF 2,61038.3%9.75%

Frequently asked questions

Oklahoma: 1,250 applications in 2025, of which 502 were originated and 419 denied.

33.5% of all applications, or 45.2% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans Bank of America originated in Oklahoma in 2025 was 6.24%, against a statewide median of 6.63%.

About this data. Figures are Bank of America's own HMDA filing for properties located in Oklahoma, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology