Spring Eq in Oklahoma vs the state
54.5%Denial rate+36.62 pts vs state
65.2%Decision denial rate+42.31 pts vs state
27.3%Origination rate-28.78 pts vs state
9.85%Median rate+3.22 pts vs state
4.15Rate spread (pts)+3.80 pts vs state
$100kMedian applicant income
241Loans originated
481Denied
Trend in Oklahoma
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 242 | 25 | 85.1% | 9.25% | #99 |
| 2024 | 404 | 128 | 55.0% | 9.68% | #68 |
| 2025 | 882 | 241 | 54.5% | 9.85% | #37 |
What Spring Eq lends in Oklahoma
By loan purpose
By loan type
Why it denied Oklahoma applicants
Where in Oklahoma
Counties with the most Spring Eq applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oklahoma County | 183 | 66 | 83 | 45.4% |
| Tulsa County | 165 | 45 | 87 | 52.7% |
| Cleveland County | 77 | 21 | 45 | 58.4% |
| Canadian County | 53 | 22 | 25 | 47.2% |
| Wagoner County | 38 | 8 | 27 | 71.1% |
| Rogers County | 33 | 7 | 22 | 66.7% |
| Comanche County | 29 | 5 | 20 | 69.0% |
| Logan County | 25 | 5 | 12 | 48.0% |
| McClain County | 22 | 5 | 13 | 59.1% |
| Pottawatomie County | 21 | 2 | 18 | 85.7% |
Other large lenders in Oklahoma
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 6,990 | 24.0% | 6.75% |
| First United Bank and Trust | C | 5,630 | 5.9% | 6.88% |
| Arvest Bank | C | 5,387 | 17.6% | 7.00% |
| 21st Mortgage | F | 5,217 | 46.8% | 9.83% |
| BancFirst | C | 4,799 | 10.0% | 7.38% |
| BOKF | D | 4,227 | 20.2% | 6.63% |
| Mortgage Research Center | C | 4,012 | 18.8% | 6.25% |
| United Shore Financial Services | B | 3,735 | 13.8% | 6.13% |
| Associated Mortgage | A | 3,213 | 0.7% | 6.50% |
| Vanderbilt Mortgage and Finance | F | 2,610 | 38.3% | 9.75% |
Frequently asked questions
Oklahoma: 882 applications in 2025, of which 241 were originated and 481 denied.
54.5% of all applications, or 65.2% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.
The median rate on loans Spring Eq originated in Oklahoma in 2025 was 9.85%, against a statewide median of 6.63%.
About this data. Figures are Spring Eq'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