Mortgage lender · Oklahoma City, OK · LEI 549300W8MJBUGW3ZLQ95

WEOKIE Federal Credit Union review: approval odds, rates and grade (2025)

WEOKIE Federal Credit Union earns a D, weaker than most small mortgage lenders. It turned down 27.5% of the applications it decided on in 2025, which ranks in the 10th percentile for approval odds. Its median loan was priced 0.34 points above the average prime offer rate, ranking in the 42nd percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

1.2kApplications2025
49.4%Originatedof applications
27.5%Decision denial ratenational 22.6%
6.38%Median ratenational 6.63%
$82MLoan volume1 states

WEOKIE Federal Credit Union at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

21.9%Denial rate (all applications)+3.91 pts vs national
27.5%Denial rate (decided applications)+4.90 pts vs national
49.4%Origination rate-8.63 pts vs national
18.6%Withdrawn by applicant
1.8%Closed for incompleteness
6.38%Median interest rate-0.25 pts vs national
0.34Median rate spread (pts over APOR)+0.09 pts vs national
$75,000Median loan amount
$633Median total loan costs
$102kMedian applicant income
69%Median loan-to-value
0High-cost (HOEPA) loans

How the D grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

10th27.5% denied

Pricingmedian rate spread over APOR, weight 30%

42nd0.34 pts

Processwithdrawn + incomplete share, weight 15%

19th20.4%

Closing coststotal loan costs ÷ loan amount, weight 10%

89th0.84% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20236273938.9%12.5%7.00%$70M
20241,1267188.7%11.9%7.25%$69M
20251,24761621.9%27.5%6.38%$82M

What WEOKIE Federal Credit Union lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 162 13% · 14.8% denied
Refinance 219 18% · 14.6% denied
Cash-out refinance 853 68% · 25.1% denied
Home improvement 5 0% · 0.0% denied
Other / HELOC 8 1% · 37.5% denied

By loan type

Conventional 1,247 100% · 21.9% denied

Also: 504 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 69 investment properties.

Why WEOKIE Federal Credit Union denies applications

Primary reason reported for each of the 273 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 122 45%
Debt-to-income ratio 73 27%
Incomplete application 41 15%
Other 21 8%
Collateral 15 5%
Employment history 1 0%

How these reasons compare nationally →

Who gets approved at WEOKIE Federal Credit Union

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k2015851.0%
$50k – $100k37319627.0%
$100k – $150k25515118.1%
$150k – $250k21814713.2%
Over $250k1274136.3%
Applicant ageApplicationsOriginatedDecision denial rate
25–341636535.3%
35–4432216724.1%
45–5431016127.9%
55–6422210829.5%
65–741145928.1%
Over 74513120.9%

Where WEOKIE Federal Credit Union lends

1 states and 44 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Oklahoma1,24761621.9%6.38%#26

Frequently asked questions

WEOKIE Federal Credit Union denied 27.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 10th percentile of small mortgage lenders.

The most common reason WEOKIE Federal Credit Union gave in 2025 was "credit history", cited on 44.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans WEOKIE Federal Credit Union originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was 0.34 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 13% of its applications were for home purchases, 86% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with WEOKIE Federal Credit Union. Data sources · Methodology