Top Mortgage Lenders in Shawnee, OK

Which mortgage lender in the Shawnee, 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 Shawnee, OK area by interest rate and market share. Unlike our competitors, we maintain independence by not accepting any compensation from the mortgage lenders we rank. We 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 Shawnee, OK area in terms of interest rate is First United Bank, with an average “Rate Difference” of -0.06%. This means that, comparing similar borrowers, First United Bank provided a -0.06% lower interest rate for its customers than other lenders in the area. First United Bank has a market share of 40.3%. It is the most popular lender in the Shawnee, OK area.

Our detailed ranking of mortgage lenders in the Shawnee, 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. First United Bank is the cheapest mortgage provider for Conventional, Jumbo, FHA, and VA mortgages in Shawnee, OK. 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 Shawnee, OK

Mortgage Type:
Purchase/Refinance:
Lender NameRate DifferenceRate RatingMarket Share
First United Bank-0.06%(4.0)40.28%
BancFirst of Oklahoma0.00%(3.5)12.56%
Arvest Bank0.01%(3.5)15.83%
BOK Financial0.02%(3.5)6.54%
Gateway First Bank0.05%(3.0)6.71%
Quicken Loans0.09%(3.0)18.07%
Lender NameRate DifferenceRate RatingMarket Share
First United Bank-0.04%(3.5)50.50%
BancFirst of Oklahoma-0.02%(3.5)10.75%
Arvest Bank0.01%(3.5)15.50%
BOK Financial0.04%(3.5)5.75%
Gateway First Bank0.08%(3.0)6.25%
Quicken Loans0.11%(3.0)11.25%
Lender NameRate DifferenceRate RatingMarket Share
First United Bank-0.08%(4.0)17.68%
BOK Financial-0.03%(3.5)8.29%
Arvest Bank-0.01%(3.5)16.57%
Gateway First Bank0.00%(3.5)7.73%
BancFirst of Oklahoma0.02%(3.5)16.57%
Quicken Loans0.05%(3.5)33.15%
Lender NameRate DifferenceRate RatingMarket Share
First United Bank-0.05%(3.5)37.57%
BancFirst of Oklahoma-0.01%(3.5)16.02%
BOK Financial-0.00%(3.5)6.35%
Arvest Bank0.00%(3.5)19.06%
Gateway First Bank0.04%(3.5)6.08%
Quicken Loans0.10%(3.0)14.92%
Lender NameRate DifferenceRate RatingMarket Share
BancFirst of Oklahoma-0.04%(3.5)13.96%
First United Bank-0.02%(3.5)48.20%
Arvest Bank0.01%(3.5)18.92%
BOK Financial0.02%(3.5)4.95%
Gateway First Bank0.06%(3.0)4.95%
Quicken Loans0.11%(3.0)9.01%
Lender NameRate DifferenceRate RatingMarket Share
First United Bank-0.08%(4.0)20.71%
BOK Financial-0.04%(3.5)8.57%
Arvest Bank-0.01%(3.5)19.29%
Gateway First Bank0.00%(3.5)7.86%
BancFirst of Oklahoma0.02%(3.5)19.29%
Quicken Loans0.08%(3.0)24.29%
Lender NameRate DifferenceRate RatingMarket Share
First United Bank-0.08%(4.0)46.62%
Arvest Bank0.02%(3.5)8.78%
BancFirst of Oklahoma0.05%(3.0)7.43%
BOK Financial0.07%(3.0)5.41%
Quicken Loans0.09%(3.0)24.32%
Gateway First Bank0.10%(3.0)7.43%
Lender NameRate DifferenceRate RatingMarket Share
First United Bank-0.07%(4.0)56.56%
Arvest Bank0.03%(3.5)9.02%
BancFirst of Oklahoma0.06%(3.0)6.56%
BOK Financial0.07%(3.0)4.92%
Gateway First Bank0.11%(3.0)8.20%
Quicken Loans0.13%(3.0)14.75%
Lender NameRate DifferenceRate RatingMarket Share
BancFirst of Oklahoma-0.01%(3.5)11.54%
Quicken Loans-0.00%(3.5)69.23%
Arvest Bank-0.00%(3.5)7.69%
Gateway First Bank0.01%(3.5)3.85%
BOK Financial0.04%(3.5)7.69%
Lender NameRate DifferenceRate RatingMarket Share
First United Bank0.00%(3.5)100.00%
Lender NameRate DifferenceRate RatingMarket Share
First United Bank0.00%(3.5)100.00%
Insufficient data available.
Lender NameRate DifferenceRate RatingMarket Share
First United Bank-0.02%(3.5)40.00%
Arvest Bank-0.02%(3.5)14.29%
BOK Financial0.00%(3.5)10.00%
BancFirst of Oklahoma0.02%(3.5)5.71%
Gateway First Bank0.03%(3.5)8.57%
Quicken Loans0.04%(3.5)21.43%
Lender NameRate DifferenceRate RatingMarket Share
Arvest Bank-0.02%(3.5)16.36%
First United Bank-0.02%(3.5)45.45%
BOK Financial0.01%(3.5)10.91%
BancFirst of Oklahoma0.02%(3.5)7.27%
Gateway First Bank0.04%(3.5)7.27%
Quicken Loans0.07%(3.0)12.73%
Lender NameRate DifferenceRate RatingMarket Share
First United Bank-0.02%(3.5)20.00%
BOK Financial-0.02%(3.5)6.67%
Gateway First Bank-0.01%(3.5)13.33%
Arvest Bank-0.01%(3.5)6.67%
Quicken Loans0.01%(3.5)53.33%

* Data is compiled for the Shawnee, OK commuting zone area, which comprises of counties of Hughes County, OK, Okfuskee County, OK, Okmulgee County, OK, Pottawatomie County, OK, and Seminole County, OK. This includes cities/towns/communities of Shawnee, OK as well as Tecumseh, OK, Okmulgee, OK, Bethel Acres, OK, Seminole, OK, McLoud, OK, Beggs, OK, Henryetta, OK, Holdenville, OK, Morris, OK, Wewoka, OK, Bearden, OK, Okemah, OK, Konawa, OK, Asher, OK, Spaulding, OK, Calvin, OK, Dewar, OK, Boley, OK, Bowlegs, OK, Maud, OK, Sasakwa, OK, Cromwell, OK, Weleetka, OK, and Wetumka, 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 Shawnee, OK area. For mortgage lender rankings in other cities, click here.