Pennymac Loan Services · Oklahoma · 2025

Pennymac Loan Services in Oklahoma: approval rate, denial rate and rates (2025)

Pennymac Loan Services took 2,144 mortgage applications in Oklahoma in 2025, ranking #13 of 821 lenders active in the state. It originated 47.2% of them and denied 12.0% (19.5% of the applications it decided), against a statewide denial rate of 17.9%.

2.1kApplicationsin OK
19.5%Decision denial ratestate 22.9%
6.25%Median ratestate 6.63%
$205,000Median loanstate $165,000
$242MVolume70 counties

Pennymac Loan Services in Oklahoma vs the state

12.0%Denial rate-5.93 pts vs state
19.5%Decision denial rate-3.37 pts vs state
47.2%Origination rate-8.90 pts vs state
6.25%Median rate-0.38 pts vs state
0.16Rate spread (pts)-0.19 pts vs state
$93kMedian applicant income
1,012Loans originated
257Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,09359313.4%6.50%#24
20241,57780411.8%6.25%#17
20252,1441,01212.0%6.25%#13

What Pennymac Loan Services lends in Oklahoma

By loan purpose

Home purchase 418 19% · 11.7% denied
Refinance 909 42% · 6.5% denied
Cash-out refinance 458 21% · 19.4% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 358 17% · 16.8% denied

By loan type

Conventional 700 33% · 14.3% denied
FHA 732 34% · 11.3% denied
VA 690 32% · 10.3% denied
USDA / RHS 22 1% · 13.6% denied

Why it denied Oklahoma applicants

Collateral 73 28%
Credit history 52 20%
Incomplete application 51 20%
Debt-to-income ratio 49 19%
Unverifiable information 9 4%
Other 9 4%
Insufficient cash 8 3%
Employment history 6 2%

Where in Oklahoma

Counties with the most Pennymac Loan Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oklahoma County 43821851 11.6%
Tulsa County 31716136 11.4%
Canadian County 148818 5.4%
Cleveland County 1417813 9.2%
Comanche County 1165211 9.5%
Wagoner County 94479 9.6%
Rogers County 65308 12.3%
Grady County 52253 5.8%
McClain County 41186 14.6%
Creek County 381012 31.6%

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: 2,144 applications in 2025, of which 1,012 were originated and 257 denied.

12.0% of all applications, or 19.5% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans Pennymac Loan Services originated in Oklahoma in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Pennymac Loan Services'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