Lower · Oklahoma · 2025

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

Lower took 112 mortgage applications in Oklahoma in 2025, ranking #172 of 821 lenders active in the state. It originated 55.4% of them and denied 14.3% (20.5% of the applications it decided), against a statewide denial rate of 17.9%.

112Applicationsin OK
20.5%Decision denial ratestate 22.9%
6.63%Median ratestate 6.63%
$215,000Median loanstate $165,000
$16MVolume32 counties

Lower in Oklahoma vs the state

14.3%Denial rate-3.63 pts vs state
20.5%Decision denial rate-2.36 pts vs state
55.4%Origination rate-0.74 pts vs state
6.63%Median rate0.00 pts vs state
0.24Rate spread (pts)-0.10 pts vs state
$96kMedian applicant income
62Loans originated
16Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023472521.3%7.25%#226
20241416611.4%6.75%#143
20251126214.3%6.63%#172

What Lower lends in Oklahoma

By loan purpose

Home purchase 60 54% · 5.0% denied
Refinance 17 15% · 29.4% denied
Cash-out refinance 35 31% · 22.9% denied

By loan type

Conventional 56 50% · 14.3% denied
FHA 34 30% · 17.7% denied
VA 21 19% · 9.5% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Oklahoma applicants

Credit history 6 38%
Debt-to-income ratio 6 38%
Incomplete application 4 25%

Where in Oklahoma

Counties with the most Lower applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oklahoma County 32175 15.6%
Comanche County 14102 14.3%
Tulsa County 1170 0.0%
Cleveland County 850 0.0%
Wagoner County 531 20.0%
Canadian County 412 50.0%
Creek County 310 0.0%
Delaware County 310 0.0%
Caddo County 330 0.0%
Jackson County 330 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: 112 applications in 2025, of which 62 were originated and 16 denied.

14.3% of all applications, or 20.5% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

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

About this data. Figures are Lower'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