BOKF at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
11th27.5% deniedPricingmedian rate spread over APOR, weight 30%
47th0.27 ptsProcesswithdrawn + incomplete share, weight 15%
23rd23.3%Closing coststotal loan costs ÷ loan amount, weight 10%
14th3.49% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 11,048 | 5,595 | 34.3% | 39.3% | 7.00% | $1.5B |
| 2024 | 11,220 | 5,852 | 27.4% | 33.7% | 7.00% | $2.3B |
| 2025 | 11,003 | 5,995 | 21.1% | 27.5% | 6.63% | $2.5B |
What BOKF lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 4,981 home-equity lines, 0 reverse mortgages, 149 manufactured homes, 401 investment properties.
Why BOKF denies applications
Primary reason reported for each of the 2,317 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at BOKF
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 1,259 | 448 | 54.0% |
| $50k – $100k | 3,256 | 1,674 | 30.6% |
| $100k – $150k | 2,226 | 1,213 | 27.8% |
| $150k – $250k | 2,081 | 1,218 | 21.2% |
| Over $250k | 1,761 | 1,136 | 12.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 307 | 198 | 17.4% |
| 25–34 | 1,879 | 1,148 | 18.8% |
| 35–44 | 2,729 | 1,481 | 28.0% |
| 45–54 | 2,435 | 1,267 | 30.5% |
| 55–64 | 1,918 | 1,005 | 30.5% |
| 65–74 | 1,191 | 608 | 31.5% |
| Over 74 | 495 | 248 | 29.4% |
Where BOKF lends
47 states and 493 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Oklahoma | 4,227 | 2,384 | 20.2% | 6.63% | #6 |
| Texas | 2,513 | 1,139 | 29.2% | 6.63% | #79 |
| Colorado | 1,443 | 853 | 15.7% | 6.50% | #41 |
| New Mexico | 1,345 | 772 | 17.1% | 6.63% | #12 |
| Arizona | 401 | 237 | 20.2% | 6.50% | #129 |
| Kansas | 360 | 200 | 22.2% | 6.75% | #70 |
| Missouri | 252 | 147 | 18.3% | 6.63% | #157 |
| Arkansas | 224 | 125 | 20.1% | 6.63% | #102 |
| Florida | 28 | 16 | 10.7% | 6.88% | #704 |
| California | 19 | 12 | 5.3% | 6.88% | #654 |
| Ohio | 18 | 13 | 5.6% | 6.38% | #544 |
| North Carolina | 16 | 10 | 18.8% | 6.88% | #554 |
| Georgia | 10 | 4 | 0.0% | 6.31% | #670 |
| Tennessee | 10 | 2 | 30.0% | 7.38% | #631 |
| Virginia | 10 | 6 | 10.0% | 7.13% | #565 |
| Nevada | 9 | 6 | 0.0% | 6.25% | #324 |
| Nebraska | 8 | 3 | 12.5% | 6.88% | #274 |
| Alabama | 7 | 4 | 0.0% | 6.75% | #533 |
| Iowa | 7 | 6 | 14.3% | 6.81% | #393 |
| Illinois | 7 | 5 | 0.0% | 7.13% | #735 |
| Louisiana | 7 | 4 | 28.6% | 7.13% | #403 |
| Utah | 7 | 6 | 0.0% | 6.50% | #312 |
| Minnesota | 6 | 2 | 16.7% | 6.50% | #538 |
| Oregon | 6 | 3 | 0.0% | 7.25% | #425 |
| Montana | 5 | 4 | 0.0% | 6.81% | #235 |
| Pennsylvania | 5 | 1 | 20.0% | 7.00% | #793 |
Frequently asked questions
BOKF denied 27.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 11th percentile of mid-size mortgage lenders.
The most common reason BOKF gave in 2025 was "debt-to-income ratio", cited on 39.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans BOKF originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.27 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 39% of its applications were for home purchases, 18% for refinancing (including cash-out), and 43% for home improvement or other purposes. By loan type: 91% conventional, 7% FHA, 2% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.