Which mortgage lender in the Muskogee, 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 Muskogee, 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 Muskogee, OK area in terms of interest rate is American Bank of Oklahoma, with an average “Rate Difference” of -0.07%. This means that, comparing similar borrowers, American Bank of Oklahoma provided a -0.07% lower interest rate for its customers than other lenders in the area. American Bank of Oklahoma has a market share of 16.7%. On the other hand, the most popular lender in the Muskogee, OK area is Arvest Bank, with a larger market share of 16.8%. Arvest Bank is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.02% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Muskogee, 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 Muskogee, OK is BancFirst of Oklahoma. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is American Bank of Oklahoma. The cheapest VA mortgage provider is also American Bank of Oklahoma. 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 Muskogee, OK
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| American Bank of Oklahoma | -0.07% | 16.72% | |
| BancFirst of Oklahoma | -0.03% | 10.48% | |
| Arvest Bank | -0.02% | 16.83% | |
| Armstrong Bank | -0.02% | 8.92% | |
| Firstar Bank | 0.00% | 6.69% | |
| BOK Financial | 0.02% | 8.92% | |
| Chickasaw Community Bank | 0.03% | 3.57% | |
| First United Bank | 0.05% | 16.72% | |
| Quicken Loans | 0.08% | 11.15% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| American Bank of Oklahoma | -0.07% | 22.24% | |
| BancFirst of Oklahoma | -0.04% | 11.04% | |
| Arvest Bank | -0.02% | 18.56% | |
| Firstar Bank | 0.01% | 6.86% | |
| Armstrong Bank | 0.02% | 5.18% | |
| BOK Financial | 0.02% | 8.70% | |
| Chickasaw Community Bank | 0.04% | 3.68% | |
| First United Bank | 0.07% | 18.23% | |
| Quicken Loans | 0.12% | 5.52% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Armstrong Bank | -0.06% | 16.39% | |
| First United Bank | -0.02% | 13.71% | |
| Firstar Bank | -0.00% | 6.35% | |
| American Bank of Oklahoma | -0.00% | 5.69% | |
| Arvest Bank | -0.00% | 13.38% | |
| BancFirst of Oklahoma | 0.00% | 9.36% | |
| Chickasaw Community Bank | 0.02% | 3.34% | |
| BOK Financial | 0.02% | 9.36% | |
| Quicken Loans | 0.04% | 22.41% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| BancFirst of Oklahoma | -0.06% | 14.17% | |
| American Bank of Oklahoma | -0.03% | 8.10% | |
| Armstrong Bank | -0.02% | 11.54% | |
| Arvest Bank | -0.02% | 21.05% | |
| Firstar Bank | -0.01% | 5.87% | |
| BOK Financial | 0.02% | 10.73% | |
| First United Bank | 0.02% | 14.78% | |
| Chickasaw Community Bank | 0.07% | 2.02% | |
| Quicken Loans | 0.09% | 11.74% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| BancFirst of Oklahoma | -0.09% | 16.44% | |
| American Bank of Oklahoma | -0.03% | 10.62% | |
| Arvest Bank | -0.03% | 25.34% | |
| Firstar Bank | -0.01% | 6.51% | |
| BOK Financial | 0.01% | 9.93% | |
| Armstrong Bank | 0.05% | 6.16% | |
| First United Bank | 0.05% | 15.07% | |
| Chickasaw Community Bank | 0.10% | 2.40% | |
| Quicken Loans | 0.15% | 7.53% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Armstrong Bank | -0.06% | 19.31% | |
| First United Bank | -0.02% | 14.36% | |
| Firstar Bank | -0.00% | 4.95% | |
| American Bank of Oklahoma | 0.01% | 4.46% | |
| Arvest Bank | 0.01% | 14.85% | |
| BancFirst of Oklahoma | 0.01% | 10.89% | |
| Chickasaw Community Bank | 0.02% | 1.49% | |
| BOK Financial | 0.03% | 11.88% | |
| Quicken Loans | 0.05% | 17.82% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| American Bank of Oklahoma | -0.09% | 30.45% | |
| Arvest Bank | -0.04% | 11.42% | |
| Armstrong Bank | -0.03% | 4.15% | |
| Firstar Bank | 0.01% | 7.27% | |
| BOK Financial | 0.02% | 5.19% | |
| Chickasaw Community Bank | 0.03% | 7.27% | |
| BancFirst of Oklahoma | 0.06% | 3.81% | |
| First United Bank | 0.09% | 21.11% | |
| Quicken Loans | 0.09% | 9.34% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| American Bank of Oklahoma | -0.08% | 34.87% | |
| Armstrong Bank | -0.04% | 3.78% | |
| Arvest Bank | -0.04% | 12.18% | |
| Firstar Bank | 0.01% | 7.14% | |
| Chickasaw Community Bank | 0.03% | 5.88% | |
| BOK Financial | 0.04% | 6.30% | |
| Quicken Loans | 0.06% | 3.78% | |
| BancFirst of Oklahoma | 0.09% | 3.36% | |
| First United Bank | 0.10% | 22.69% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| American Bank of Oklahoma | -0.05% | 9.80% | |
| Arvest Bank | -0.05% | 7.84% | |
| BancFirst of Oklahoma | -0.04% | 5.88% | |
| Armstrong Bank | -0.03% | 5.88% | |
| Chickasaw Community Bank | -0.00% | 13.73% | |
| First United Bank | -0.00% | 13.73% | |
| Firstar Bank | -0.00% | 7.84% | |
| Quicken Loans | 0.04% | 35.29% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| American Bank of Oklahoma | -0.02% | 19.30% | |
| Armstrong Bank | -0.01% | 9.65% | |
| Arvest Bank | -0.01% | 12.28% | |
| BancFirst of Oklahoma | -0.01% | 11.40% | |
| First United Bank | 0.01% | 14.04% | |
| BOK Financial | 0.01% | 10.53% | |
| Firstar Bank | 0.02% | 8.77% | |
| Quicken Loans | 0.02% | 13.16% | |
| Chickasaw Community Bank | 0.03% | 0.88% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| American Bank of Oklahoma | -0.03% | 27.94% | |
| Armstrong Bank | -0.01% | 5.88% | |
| BancFirst of Oklahoma | -0.01% | 14.71% | |
| Arvest Bank | -0.01% | 11.76% | |
| BOK Financial | 0.00% | 11.76% | |
| Quicken Loans | 0.02% | 2.94% | |
| First United Bank | 0.03% | 16.18% | |
| Chickasaw Community Bank | 0.03% | 1.47% | |
| Firstar Bank | 0.06% | 7.35% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First United Bank | -0.03% | 10.87% | |
| Firstar Bank | -0.02% | 10.87% | |
| Arvest Bank | -0.02% | 13.04% | |
| Armstrong Bank | -0.02% | 15.22% | |
| BancFirst of Oklahoma | -0.00% | 6.52% | |
| Quicken Loans | 0.02% | 28.26% | |
| American Bank of Oklahoma | 0.02% | 6.52% | |
| BOK Financial | 0.04% | 8.70% |
* Data is compiled for the Muskogee, OK commuting zone area, which comprises of counties of Adair County, OK, Cherokee County, OK, McIntosh County, OK, and Muskogee County, OK. This includes cities/towns/communities of Muskogee, OK as well as Park Hill, OK, Tahlequah, OK, Fort Gibson, OK, Lost City, OK, Texanna, OK, Shady Grove, OK, Haskell, OK, Peggs, OK, Tenkiller, OK, Eufaula, OK, Warner, OK, Westville, OK, Oktaha, OK, Checotah, OK, Stilwell, OK, Hanna, OK, Rocky Mountain, OK, Cherry Tree, OK, Stidham, OK, and Watts, 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 Muskogee, OK area. For mortgage lender rankings in other cities, click here.