Commerce Home Mortgage · Oklahoma · 2025

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

Commerce Home Mortgage took 106 mortgage applications in Oklahoma in 2025, ranking #177 of 821 lenders active in the state. It originated 63.2% of them and denied 8.5% (11.7% of the applications it decided), against a statewide denial rate of 17.9%.

106Applicationsin OK
11.7%Decision denial ratestate 22.9%
7.25%Median ratestate 6.63%
$225,000Median loanstate $165,000
$19MVolume18 counties

Commerce Home Mortgage in Oklahoma vs the state

8.5%Denial rate-9.43 pts vs state
11.7%Decision denial rate-11.18 pts vs state
63.2%Origination rate+7.11 pts vs state
7.25%Median rate+0.63 pts vs state
1.04Rate spread (pts)+0.69 pts vs state
$116kMedian applicant income
67Loans originated
9Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326923.1%8.88%#289
2024231113.0%7.88%#302
2025106678.5%7.25%#177

What Commerce Home Mortgage lends in Oklahoma

By loan purpose

Home purchase 83 78% · 7.2% denied
Refinance 10 9% · 30.0% denied
Cash-out refinance 13 12% · 0.0% denied

By loan type

Conventional 102 96% · 8.8% denied
VA 4 4% · 0.0% denied

Why it denied Oklahoma applicants

Collateral 3 33%
Credit history 2 22%
Debt-to-income ratio 1 11%
Incomplete application 1 11%
Other 1 11%
Insufficient cash 1 11%

Where in Oklahoma

Counties with the most Commerce Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oklahoma County 30204 13.3%
Tulsa County 28200 0.0%
Canadian County 1171 9.1%
Cleveland County 1071 10.0%
Pottawatomie County 411 25.0%
Comanche County 420 0.0%
Wagoner County 411 25.0%
McCurtain County 431 25.0%
Stephens County 210 0.0%
Le Flore 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: 106 applications in 2025, of which 67 were originated and 9 denied.

8.5% of all applications, or 11.7% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans Commerce Home Mortgage originated in Oklahoma in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Commerce Home Mortgage'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