Discover Bank · Oklahoma · 2025

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

Discover Bank took 777 mortgage applications in Oklahoma in 2025, ranking #44 of 821 lenders active in the state. It originated 16.2% of them and denied 56.9% (77.5% of the applications it decided), against a statewide denial rate of 17.9%.

777Applicationsin OK
77.5%Decision denial ratestate 22.9%
8.95%Median ratestate 6.63%
$55,000Median loanstate $165,000
$10.0MVolume61 counties

Discover Bank in Oklahoma vs the state

56.9%Denial rate+38.97 pts vs state
77.5%Decision denial rate+54.67 pts vs state
16.2%Origination rate-39.88 pts vs state
8.95%Median rate+2.32 pts vs state
2.44Rate spread (pts)+2.09 pts vs state
$102kMedian applicant income
126Loans originated
442Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,54840547.5%9.74%#10
20242,47445052.2%8.97%#12
202577712656.9%8.95%#44

What Discover Bank lends in Oklahoma

By loan purpose

Home purchase 52 7% · 61.5% denied
Refinance 105 14% · 51.4% denied
Home improvement 189 24% · 49.2% denied
Other / HELOC 431 55% · 61.0% denied

By loan type

Conventional 777 100% · 56.9% denied

Why it denied Oklahoma applicants

Credit history 228 52%
Collateral 67 15%
Incomplete application 60 14%
Debt-to-income ratio 53 12%
Other 30 7%
Unverifiable information 3 1%
Employment history 1 0%

Where in Oklahoma

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oklahoma County 1613486 53.4%
Tulsa County 1492383 55.7%
Canadian County 651040 61.5%
Cleveland County 621333 53.2%
Wagoner County 30717 56.7%
Rogers County 24215 62.5%
Logan County 20212 60.0%
Washington County 1545 33.3%
Comanche County 14011 78.6%
McClain County 1436 42.9%

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: 777 applications in 2025, of which 126 were originated and 442 denied.

56.9% of all applications, or 77.5% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans Discover Bank originated in Oklahoma in 2025 was 8.95%, against a statewide median of 6.63%.

About this data. Figures are Discover 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