Waterstone Mortgage · Oklahoma · 2025

Waterstone Mortgage in Oklahoma: approval rate, denial rate and rates (2025)

Waterstone Mortgage took 683 mortgage applications in Oklahoma in 2025, ranking #50 of 821 lenders active in the state. It originated 72.2% of them and denied 1.3% (1.8% of the applications it decided), against a statewide denial rate of 17.9%.

683Applicationsin OK
1.8%Decision denial ratestate 22.9%
6.50%Median ratestate 6.63%
$245,000Median loanstate $165,000
$133MVolume41 counties

Waterstone Mortgage in Oklahoma vs the state

1.3%Denial rate-16.60 pts vs state
1.8%Decision denial rate-21.09 pts vs state
72.2%Origination rate+16.08 pts vs state
6.50%Median rate-0.13 pts vs state
0.27Rate spread (pts)-0.08 pts vs state
$95kMedian applicant income
493Loans originated
9Denied

Trend in Oklahoma

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235604062.7%6.88%#52
20245113642.4%6.63%#57
20256834931.3%6.50%#50

What Waterstone Mortgage lends in Oklahoma

By loan purpose

Home purchase 613 90% · 1.0% denied
Refinance 44 6% · 0.0% denied
Cash-out refinance 24 4% · 12.5% denied
Home improvement 2 0% · 0.0% denied

By loan type

Conventional 320 47% · 0.9% denied
FHA 248 36% · 1.6% denied
VA 104 15% · 1.9% denied
USDA / RHS 11 2% · 0.0% denied

Why it denied Oklahoma applicants

Debt-to-income ratio 5 56%
Collateral 2 22%
Other 1 11%
Credit history 1 11%

Where in Oklahoma

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tulsa County 3082151 0.3%
Wagoner County 55371 1.8%
Rogers County 41301 2.4%
Creek County 36241 2.8%
Oklahoma County 28231 3.6%
Cleveland County 25192 8.0%
Mayes County 25220 0.0%
Canadian County 24200 0.0%
Grady County 19151 5.3%
Osage County 19150 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: 683 applications in 2025, of which 493 were originated and 9 denied.

1.3% of all applications, or 1.8% of the applications it actually decided on. The Oklahoma statewide average across all lenders was 17.9%.

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

About this data. Figures are Waterstone Mortgage'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