Mortgage Refinancing in Oklahoma
Real refinance data for Oklahoma from federal sources, updated annually. See how your state compares to national averages.
Refinance Originations
5,559
2023 HMDA data
Avg Loan Amount
$245,781
National: $410,429
Denial Rate
21.69%
▲ Below national avg
Median Home Value
$185,900
U.S. Census Bureau
Source: HMDA 2023 via CFPB, U.S. Census Bureau ACS
Calculate your refinance savingsRefinance Trends in Oklahoma
Originations by Year
Refinance originations in Oklahoma by year. Source: HMDA via CFPB.
Loan Type Breakdown
Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.
Home Price Trends in Oklahoma
Source: FHFA House Price Index
Top Lenders in Oklahoma
| # | Lender | HMDA Records | Avg Loan |
|---|---|---|---|
| 1 | Rocket Mortgage LLC | 7,361 | - |
| 2 | Arvest Bank | 7,152 | - |
| 3 | First United Bank And Trust Company | 6,818 | - |
| 4 | Arvest Bank | 5,766 | - |
| 5 | First United Bank And Trust Company | 5,667 | - |
| 6 | Bokf National Association | 5,403 | - |
| 7 | Bancfirst | 5,370 | - |
| 8 | U.s. Bank National Association | 4,877 | - |
| 9 | Bancfirst | 4,737 | - |
| 10 | 21st Mortgage Corporation | 4,588 | - |
Ranked by total HMDA filings in the state (2023). Source: HMDA via CFPB.
Compare all lenders →How Oklahoma Compares
| Metric | Oklahoma | National Avg |
|---|---|---|
| Refinance Originations | 5,559 | 435,709 |
| Avg Loan Amount | $245,781 | $410,429 |
| Denial Rate | 21.69% | 27.87% |
Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2023, U.S. Census Bureau.
Current Mortgage Rates
30-Year Fixed
6.38%
▲ 6.22% prev
15-Year Fixed
5.75%
▲ 5.54% prev
5/1 ARM
6.06%
▲ 5.95% prev
National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.
Get personalized rates →Frequently Asked Questions
How many people refinanced in Oklahoma in 2023?
In 2023, there were 5,559 refinance originations in Oklahoma, according to HMDA data reported to the CFPB.
What is the average refinance loan amount in Oklahoma?
The average refinance loan amount in Oklahoma was $245,781 in 2023. This reflects originated loans reported through HMDA.
What is the refinance denial rate in Oklahoma?
The refinance denial rate in Oklahoma was 21.69% in 2023. This is calculated from originated and denied applications reported to the CFPB.
What are the top refinance lenders in Oklahoma?
The most active lenders in Oklahoma by HMDA filing volume include Rocket Mortgage LLC, Arvest Bank, First United Bank And Trust Company. See the full list above for details.
Is it a good time to refinance in Oklahoma?
Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.
Want a deeper analysis?
Read our full editorial guide on refinancing in Oklahoma, including tips, regulations, and state programs.
Read the Oklahoma Refinance GuideData sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.