NexBank · Oklahoma · 2025

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

NexBank took 52 mortgage applications in Oklahoma in 2025, ranking #256 of 821 lenders active in the state. It originated 78.9% of them and denied 13.5% (14.0% of the applications it decided), against a statewide denial rate of 17.9%.

52Applicationsin OK
14.0%Decision denial ratestate 22.9%
6.75%Median ratestate 6.63%
$305,000Median loanstate $165,000
$13MVolume16 counties

NexBank in Oklahoma vs the state

13.5%Denial rate-4.46 pts vs state
14.0%Decision denial rate-8.87 pts vs state
78.9%Origination rate+22.75 pts vs state
6.75%Median rate+0.13 pts vs state
0.41Rate spread (pts)+0.06 pts vs state
$153kMedian applicant income
41Loans originated
7Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329213.5%6.75%#272
2024594410.2%7.13%#228
2025524113.5%6.75%#256

What NexBank lends in Oklahoma

By loan purpose

Home purchase 44 85% · 11.4% denied
Refinance 4 8% · 25.0% denied
Cash-out refinance 3 6% · 33.3% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 48 92% · 14.6% denied
FHA 1 2% · 0.0% denied
VA 3 6% · 0.0% denied

Why it denied Oklahoma applicants

Insufficient cash 5 71%
Unverifiable information 1 14%
Credit history 1 14%

Where in Oklahoma

Counties with the most NexBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oklahoma County 12111 8.3%
Cleveland County 980 0.0%
Tulsa County 844 50.0%
McCurtain County 631 16.7%
Canadian County 440 0.0%
Kay County 210 0.0%
Logan County 220 0.0%
Stephens County 110 0.0%
Garvin County 110 0.0%
Carter 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: 52 applications in 2025, of which 41 were originated and 7 denied.

13.5% of all applications, or 14.0% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans NexBank originated in Oklahoma in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are NexBank'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