RCN Capital · Oklahoma · 2025

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

RCN Capital took 97 mortgage applications in Oklahoma in 2025, ranking #192 of 821 lenders active in the state. It originated 40.2% of them and denied 56.7% (58.5% of the applications it decided), against a statewide denial rate of 17.9%.

97Applicationsin OK
58.5%Decision denial ratestate 22.9%
7.70%Median ratestate 6.63%
$125,000Median loanstate $165,000
$5.8MVolume0 counties

RCN Capital in Oklahoma vs the state

56.7%Denial rate+38.78 pts vs state
58.5%Decision denial rate+35.64 pts vs state
40.2%Origination rate-15.89 pts vs state
7.70%Median rate+1.08 pts vs state
Rate spread (pts)
Median applicant income
39Loans originated
55Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023893615.7%8.42%#177
2024481820.8%8.03%#237
2025973956.7%7.70%#192

What RCN Capital lends in Oklahoma

By loan purpose

Home purchase 36 37% · 55.6% denied
Refinance 9 9% · 44.4% denied
Home improvement 11 11% · 100.0% denied
Other / HELOC 41 42% · 48.8% denied

By loan type

Conventional 97 100% · 56.7% denied

Why it denied Oklahoma applicants

Other 43 78%
Collateral 9 16%
Credit history 3 5%

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: 97 applications in 2025, of which 39 were originated and 55 denied.

56.7% of all applications, or 58.5% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans RCN Capital originated in Oklahoma in 2025 was 7.70%, against a statewide median of 6.63%.

About this data. Figures are RCN Capital'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