Simmons Bank · Oklahoma · 2025

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

Simmons Bank took 340 mortgage applications in Oklahoma in 2025, ranking #84 of 821 lenders active in the state. It originated 69.7% of them and denied 14.7% (17.1% of the applications it decided), against a statewide denial rate of 17.9%.

340Applicationsin OK
17.1%Decision denial ratestate 22.9%
6.50%Median ratestate 6.63%
$155,000Median loanstate $165,000
$43MVolume30 counties

Simmons Bank in Oklahoma vs the state

14.7%Denial rate-3.21 pts vs state
17.1%Decision denial rate-5.75 pts vs state
69.7%Origination rate+13.61 pts vs state
6.50%Median rate-0.13 pts vs state
0.11Rate spread (pts)-0.23 pts vs state
$95kMedian applicant income
237Loans originated
50Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
202335626511.5%7.13%#74
202433523916.7%7.25%#77
202534023714.7%6.50%#84

What Simmons Bank lends in Oklahoma

By loan purpose

Home purchase 182 54% · 7.1% denied
Refinance 50 15% · 12.0% denied
Cash-out refinance 13 4% · 30.8% denied
Home improvement 69 20% · 29.0% denied
Other / HELOC 26 8% · 26.9% denied

By loan type

Conventional 285 84% · 15.8% denied
FHA 50 15% · 10.0% denied
VA 4 1% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Oklahoma applicants

Debt-to-income ratio 17 34%
Credit history 15 30%
Collateral 8 16%
Incomplete application 4 8%
Other 4 8%
Unverifiable information 1 2%
Employment history 1 2%

Where in Oklahoma

Counties with the most Simmons Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oklahoma County 1068114 13.2%
Payne County 96717 7.3%
Carter County 14102 14.3%
Tulsa County 1274 33.3%
Bryan County 1151 9.1%
Canadian County 1191 9.1%
Marshall County 1044 40.0%
Grady County 1063 30.0%
Garvin County 1054 40.0%
Cleveland County 990 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: 340 applications in 2025, of which 237 were originated and 50 denied.

14.7% of all applications, or 17.1% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans Simmons Bank originated in Oklahoma in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Simmons Bank'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