Southwest Funding · Oklahoma · 2025

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

Southwest Funding took 218 mortgage applications in Oklahoma in 2025, ranking #117 of 821 lenders active in the state. It originated 57.8% of them and denied 9.6% (13.6% of the applications it decided), against a statewide denial rate of 17.9%.

218Applicationsin OK
13.6%Decision denial ratestate 22.9%
6.69%Median ratestate 6.63%
$185,000Median loanstate $165,000
$26MVolume38 counties

Southwest Funding in Oklahoma vs the state

9.6%Denial rate-8.29 pts vs state
13.6%Decision denial rate-9.32 pts vs state
57.8%Origination rate+1.70 pts vs state
6.69%Median rate+0.06 pts vs state
0.50Rate spread (pts)+0.16 pts vs state
$79kMedian applicant income
126Loans originated
21Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
202331200.0%6.87%#263
20242031398.4%6.75%#113
20252181269.6%6.69%#117

What Southwest Funding lends in Oklahoma

By loan purpose

Home purchase 202 93% · 8.9% denied
Refinance 10 5% · 20.0% denied
Cash-out refinance 6 3% · 16.7% denied

By loan type

Conventional 94 43% · 10.6% denied
FHA 86 39% · 9.3% denied
VA 25 11% · 4.0% denied
USDA / RHS 13 6% · 15.4% denied

Why it denied Oklahoma applicants

Debt-to-income ratio 10 48%
Collateral 4 19%
Credit history 4 19%
Other 1 5%
Employment history 1 5%
Unverifiable information 1 5%

Where in Oklahoma

Counties with the most Southwest Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oklahoma County 31183 9.7%
Cleveland County 31172 6.5%
Pottawatomie County 18102 11.1%
Tulsa County 1782 11.8%
Canadian County 1080 0.0%
McClain County 1071 10.0%
Marshall County 851 12.5%
Bryan County 840 0.0%
Grady County 870 0.0%
Lincoln County 630 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: 218 applications in 2025, of which 126 were originated and 21 denied.

9.6% of all applications, or 13.6% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

The median rate on loans Southwest Funding originated in Oklahoma in 2025 was 6.69%, against a statewide median of 6.63%.

About this data. Figures are Southwest Funding'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