Commerce Bank · Oklahoma · 2025

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

Commerce Bank took 89 mortgage applications in Oklahoma in 2025, ranking #200 of 821 lenders active in the state. It originated 50.6% of them and denied 27.0% (34.8% of the applications it decided), against a statewide denial rate of 17.9%.

89Applicationsin OK
34.8%Decision denial ratestate 22.9%
6.50%Median ratestate 6.63%
$145,000Median loanstate $165,000
$11MVolume15 counties

Commerce Bank in Oklahoma vs the state

27.0%Denial rate+9.05 pts vs state
34.8%Decision denial rate+11.91 pts vs state
50.6%Origination rate-5.54 pts vs state
6.50%Median rate-0.13 pts vs state
0.14Rate spread (pts)-0.21 pts vs state
$96kMedian applicant income
45Loans originated
24Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023753728.0%6.63%#189
2024944524.5%6.63%#180
2025894527.0%6.50%#200

What Commerce Bank lends in Oklahoma

By loan purpose

Home purchase 43 48% · 23.3% denied
Refinance 7 8% · 28.6% denied
Cash-out refinance 1 1% · 0.0% denied
Home improvement 15 17% · 40.0% denied
Other / HELOC 23 26% · 26.1% denied

By loan type

Conventional 87 98% · 27.6% denied
FHA 1 1% · 0.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Oklahoma applicants

Debt-to-income ratio 12 50%
Other 4 17%
Collateral 3 13%
Unverifiable information 2 8%
Employment history 2 8%
Credit history 1 4%

Where in Oklahoma

Counties with the most Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tulsa County 562717 30.4%
Oklahoma County 860 0.0%
Delaware County 540 0.0%
Cleveland County 412 50.0%
Osage County 321 33.3%
Le Flore County 201 50.0%
Rogers County 220 0.0%
Mayes County 211 50.0%
Comanche County 101 100.0%
Creek County 100 0.0%

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: 89 applications in 2025, of which 45 were originated and 24 denied.

27.0% of all applications, or 34.8% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans Commerce Bank originated in Oklahoma in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Commerce Bank'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