MTC Federal Credit Union · Oklahoma · 2025

MTC Federal Credit Union in Oklahoma: approval rate, denial rate and rates (2025)

MTC Federal Credit Union took 16 mortgage applications in Oklahoma in 2025, ranking #351 of 821 lenders active in the state. It originated 75.0% of them and denied 18.8% (20.0% of the applications it decided), against a statewide denial rate of 17.9%.

16Applicationsin OK
20.0%Decision denial ratestate 22.9%
6.38%Median ratestate 6.63%
$85,000Median loanstate $165,000
$1.8MVolume3 counties

MTC Federal Credit Union in Oklahoma vs the state

18.8%Denial rate+0.83 pts vs state
20.0%Decision denial rate-2.87 pts vs state
75.0%Origination rate+18.90 pts vs state
6.38%Median rate-0.25 pts vs state
-0.40Rate spread (pts)-0.75 pts vs state
$58kMedian applicant income
12Loans originated
3Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023251716.0%#294
2024301230.0%6.75%#282
2025161218.8%6.38%#351

What MTC Federal Credit Union lends in Oklahoma

By loan purpose

Home purchase 2 13% · 0.0% denied
Cash-out refinance 9 56% · 33.3% denied
Other / HELOC 5 31% · 0.0% denied

By loan type

Conventional 15 94% · 13.3% denied
FHA 1 6% · 100.0% denied

Why it denied Oklahoma applicants

Credit history 2 67%
Collateral 1 33%

Where in Oklahoma

Counties with the most MTC Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Carter County 1182 18.2%
Love County 431 25.0%
Cleveland County 110 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: 16 applications in 2025, of which 12 were originated and 3 denied.

18.8% of all applications, or 20.0% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans MTC Federal Credit Union originated in Oklahoma in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are MTC Federal Credit Union'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