Which mortgage lender in the Tulsa, OK area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Tulsa, OK area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.
Going by historical data, the best mortgage lender in the Tulsa, OK area in terms of interest rate is TTCU Federal Credit Union, with an average “Rate Difference” of -0.32%. This means that, comparing similar borrowers, TTCU Federal Credit Union provided a -0.32% lower interest rate for its customers than other lenders in the area. TTCU Federal Credit Union has a market share of 3.2%. On the other hand, the most popular lender in the Tulsa, OK area is AMC Mortgage, with a larger market share of 12.1%. AMC Mortgage is an average lender in terms of the interest rate it offers, with a “Rate Difference” of +0.03% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Tulsa, OK area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, going by historical data, the cheapest lender for Conventional mortgages in Tulsa, OK is TTCU Federal Credit Union. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is MidFirst Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First United Bank. The cheapest VA mortgage provider is Navy Federal Credit Union. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.
Ranking of Mortgage Lenders in Tulsa, OK
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
MidFirst Bank | -0.06% | 12.26% | |
First United Bank | -0.02% | 11.32% | |
Bank of America | -0.02% | 4.72% | |
Arvest Bank | -0.01% | 4.72% | |
American Airlines Federal Credit Union | -0.01% | 0.94% | |
Caliber Home Loans | -0.00% | 0.94% | |
PrimeLending | -0.00% | 1.89% | |
Wells Fargo Bank | 0.00% | 9.43% | |
AMC Mortgage | 0.00% | 0.94% | |
TTCU Federal Credit Union | 0.00% | 0.94% | |
Quicken Loans | 0.00% | 1.89% | |
Gateway First Bank | 0.00% | 0.94% | |
Cornerstone Home Lending | 0.01% | 0.94% | |
Prosperity Bank | 0.01% | 3.77% | |
Guaranteed Rate | 0.01% | 0.94% | |
Supreme Lending | 0.01% | 0.94% | |
Movement Mortgage | 0.01% | 0.94% | |
BOK Financial | 0.01% | 2.83% | |
Firstar Bank | 0.01% | 3.77% | |
BancFirst of Oklahoma | 0.02% | 0.94% | |
JPMorgan Chase Bank | 0.02% | 15.09% | |
US Bank | 0.03% | 13.21% | |
RCB Bank | 0.03% | 1.89% | |
Navy Federal Credit Union | 0.03% | 2.83% | |
Carrington Mortgage Services | 0.04% | 0.94% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
MidFirst Bank | -0.06% | 19.30% | |
Bank of America | -0.02% | 5.26% | |
American Airlines Federal Credit Union | 0.00% | 1.75% | |
TTCU Federal Credit Union | 0.01% | 1.75% | |
Quicken Loans | 0.01% | 1.75% | |
Wells Fargo Bank | 0.01% | 12.28% | |
BOK Financial | 0.01% | 1.75% | |
Prosperity Bank | 0.01% | 1.75% | |
Gateway First Bank | 0.01% | 1.75% | |
Cornerstone Home Lending | 0.01% | 1.75% | |
Firstar Bank | 0.01% | 1.75% | |
First United Bank | 0.01% | 10.53% | |
Guaranteed Rate | 0.01% | 1.75% | |
Supreme Lending | 0.02% | 1.75% | |
Movement Mortgage | 0.02% | 1.75% | |
Arvest Bank | 0.02% | 1.75% | |
US Bank | 0.02% | 7.02% | |
JPMorgan Chase Bank | 0.02% | 14.04% | |
BancFirst of Oklahoma | 0.02% | 1.75% | |
RCB Bank | 0.03% | 3.51% | |
Navy Federal Credit Union | 0.03% | 5.26% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
First United Bank | -0.05% | 12.24% | |
Arvest Bank | -0.02% | 8.16% | |
Bank of America | -0.02% | 4.08% | |
Caliber Home Loans | -0.01% | 2.04% | |
Wells Fargo Bank | -0.01% | 6.12% | |
PrimeLending | -0.01% | 4.08% | |
AMC Mortgage | -0.01% | 2.04% | |
Quicken Loans | -0.00% | 2.04% | |
Prosperity Bank | -0.00% | 6.12% | |
MidFirst Bank | 0.00% | 4.08% | |
BOK Financial | 0.01% | 4.08% | |
Firstar Bank | 0.01% | 6.12% | |
US Bank | 0.02% | 20.41% | |
JPMorgan Chase Bank | 0.02% | 16.33% | |
Carrington Mortgage Services | 0.03% | 2.04% |
* Data is compiled for the Tulsa, OK commuting zone area, which comprises of counties of Creek County, OK, Osage County, OK, Pawnee County, OK, Rogers County, OK, Tulsa County, OK, and Wagoner County, OK. This includes cities/towns/communities of Tulsa, OK as well as Broken Arrow, OK, Broken Arrow, OK, Owasso, OK, Bixby, OK, Jenks, OK, Coweta, OK, Sapulpa, OK, Sand Springs, OK, Claremore, OK, Collinsville, OK, Glenpool, OK, Verdigris, OK, Owasso, OK, Skiatook, OK, Wagoner, OK, Sequoyah, OK, Inola, OK, Limestone, OK, Mannford, OK, Catoosa, OK, Kiefer, OK, Bristow, OK, Oologah, OK, Oakhurst, OK, Prue, OK, Skiatook, OK, Justice, OK, Bushyhead, OK, Westport, OK, Talala, OK, Shamrock, OK, Okay, OK, Porter, OK, Sperry, OK, Kellyville, OK, Lawrence Creek, OK, Cleveland, OK, McCord, OK, Depew, OK, Barnsdall, OK, Pawhuska, OK, Foyil, OK, Jennings, OK, Bartlesville, OK, Hominy, OK, Turley, OK, Ralston, OK, Drumright, OK, Pawnee, OK, and Oilton, OK. Lenders must have made at least 30 loans in the area to be included. Source of the data is Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate conditional on the commuting zone, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.
Mortgage Lender Rankings in Other Cities
This page contains information about the top mortgage lenders in the Tulsa, OK area. For mortgage lender rankings in other cities, click here.