Oklahoma · 2025 HMDA data

Mortgage lenders in Oklahoma: denial rates, approval odds and real rates (2025)

821 lenders acted on 140,899 mortgage applications in Oklahoma in 2025. 17.9% were denied, against 18.0% nationally. The median interest rate on loans that closed was 6.63%, the median loan $165,000.

141kApplications
17.9%Denial rateUS 18.0%
6.63%Median rateUS 6.63%
$165,000Median loanUS $225,000
$19BOriginated volume

Largest mortgage lenders in Oklahoma

By applications received in 2025. Grade is the lender's national grade.

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 6,9904,587 24.0%6.75%
2 First United Bank and Trust C 5,6303,985 5.9%6.88%
3 Arvest Bank C 5,3873,409 17.6%7.00%
4 21st Mortgage F 5,217888 46.8%9.83%
5 BancFirst C 4,7993,786 10.0%7.38%
6 BOKF D 4,2272,384 20.2%6.63%
7 Mortgage Research Center C 4,0121,899 18.8%6.25%
8 United Shore Financial Services B 3,7352,497 13.8%6.13%
9 Associated Mortgage A 3,2132,484 0.7%6.50%
10 Vanderbilt Mortgage and Finance F 2,610307 38.3%9.75%
11 Triad Financial Services D 2,559271 51.4%8.85%
12 Gateway First Bank B 2,1611,547 3.3%6.50%
13 Pennymac Loan Services C 2,1441,012 12.0%6.25%
14 Freedom Mortgage B 2,105846 10.6%6.25%
15 Tinker Federal Credit Union F 1,995977 27.0%7.45%
16 Flat Branch Mortgage A 1,8431,425 1.3%6.49%
17 Great Plains National Bank B 1,8381,509 3.3%6.50%
18 Navy Federal Credit Union D 1,733811 18.6%6.38%
19 Stride Bank A 1,7161,406 2.2%6.38%
20 Newrez D 1,591588 18.1%6.63%
21 Broker Solutions D 1,581498 12.0%6.88%
22 TTCU Federal Credit Union B 1,401984 16.7%6.88%
23 Loandepot.Com D 1,389640 38.9%6.63%
24 AmeriSave Mortgage D 1,385278 66.6%7.50%
25 Bank of America F 1,250502 33.5%6.24%

Best approval odds in Oklahoma

Lowest decision denial rate among lenders that decided at least 300 Oklahoma applications in 2025.

#LenderDecidedDecision denial rateMedian rate
1The Mortgage Link7400.4%6.38%
2Associated Mortgage2,7080.8%6.50%
3Lendlo Mortgage3270.9%5.99%
4Mld Mortgage7581.5%6.38%
5Financial Concepts Mortgage5491.5%6.50%
6Flat Branch Mortgage1,4601.6%6.49%
7Canopy Mortgage3471.7%6.50%
8Waterstone Mortgage5061.8%6.50%
9Sovereign Bank5001.8%6.99%
10Valor Bank4161.9%

Lowest median rates in Oklahoma

Among lenders reporting rates on at least 100 originated loans. Product mix matters: a VA specialist will show a lower median than a jumbo lender.

#LenderPriced loansMedian rateDenial rate
1Dhi Mortgage Company6984.99%9.7%
2Lennar Mortgage5665.25%11.4%
3Village Capital & Investment1795.75%17.7%
4Planet Home Lending1555.99%23.5%
5Lendlo Mortgage2675.99%0.8%
6CMG Mortgage3436.00%3.8%
7NBKC Bank1046.13%8.5%
8Cwm Partners1916.13%3.4%
9United Shore Financial Services2,4976.13%13.8%
10Bank of America5026.24%33.5%

What Oklahoma borrowers applied for

By loan purpose

Home purchase 75,573 54% · 13.5% denied
Refinance 19,964 14% · 13.9% denied
Cash-out refinance 21,993 16% · 26.0% denied
Home improvement 10,374 7% · 25.6% denied
Other / HELOC 12,995 9% · 30.3% denied

By loan type

Conventional 96,728 69% · 19.7% denied
FHA 24,558 17% · 15.2% denied
VA 17,991 13% · 12.9% denied
USDA / RHS 1,622 1% · 8.8% denied

Denial rate by applicant income

Under $50k 44.2%
$50k – $100k 24.2%
$100k – $150k 18.3%
$150k – $250k 14.4%
Over $250k 12.2%

Why Oklahoma applications were denied

Credit history 8,703 35%
Debt-to-income ratio 6,234 25%
Collateral 3,093 13%
Incomplete application 2,923 12%
Other 1,721 7%
Unverifiable information 1,060 4%
Insufficient cash 727 3%
Employment history 241 1%
Mortgage insurance denied 6 0%

Oklahoma mortgage market by year

YearApplicationsOriginatedDenial rateMedian rateMedian loanLenders
2023119,31567,47419.3%7.00%$145,000844
2024127,86972,81718.7%6.99%$155,000788
2025140,89979,05117.9%6.63%$165,000821

Oklahoma counties

Counties with at least 200 applications in 2025, most active first.

Frequently asked questions

17.9% of mortgage applications in Oklahoma were denied in 2025 (22.9% of applications that reached a decision). Nationally the rate was 18.0%.

Rocket Mortgage handled the most applications in Oklahoma in 2025: 6,990, with a denial rate of 24.0%.

Among lenders that decided at least 300 applications in Oklahoma, The Mortgage Link had the lowest decision denial rate at 0.4%.

The median interest rate on loans originated in Oklahoma in 2025 was 6.63%. That is the rate borrowers actually received, reported by lenders under HMDA, not an advertised rate.