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It’s time to check out the top mortgage lenders in Oklahoma based on closed loan volume.
These are the companies that funded the largest dollar amount of home loans in the Sooner State.
More than 700 mortgage companies funded nearly $33 billion in home loans in the state through 2021.
In terms of who took first place, it was very close, with the two companies funding roughly the same amount.
But only one can wear the crown. Read on to see who took the top spot along with those who landed in the top-10.
Top Mortgage Lenders in Oklahoma (Overall)
| Category | company’s name | 2021 loan amount |
| 1. | us bank | $1.7 billion |
| 2. | rocket hostage | $1.7 billion |
| 3. | First United Bank | $1.3 billion |
| 4. | Arvest Bank | $1.1 billion |
| 5. | Wells Fargo | $1.1 billion |
| 6. | linked mortgage | $925 million |
| 7. | amerihome mortgage | $892 million |
| 8. | Aadharshila Home Lending | $878 million |
| 9. | pennymac | $853 million |
| 10. | gateway mortgage | $840 million |
As mentioned, things were extremely tight at the top, but US Bank overtook Rocket Mortgage for the #1 spot.
The two companies project approximately $1.7 billion in home loan originations in Oklahoma in 2021, according to HMDA data. richie may,
But US Bank did that a little more. However, Rocket closed further losses at 9,500 vs 8,800.
In third place was its First United Bank of Durant, Oklahoma with $1.3 billion in funds, followed by Arvest Bank and Wells Fargo, which each had about $1.1 billion.
The bottom half of the top ten includes Associated Mortgage Corp, Amerihome Mortgage, Cornerstone Home Lending, PennyMac and Gateway Mortgage Group.
Top Oklahoma Mortgage Lenders (For Home Buyers)
| Category | company’s name | 2021 loan amount |
| 1. | us bank | $1.3 billion |
| 2. | First United Bank | $899 million |
| 3. | linked mortgage | $719 million |
| 4. | amerihome mortgage | $660 million |
| 5. | Aadharshila Home Lending | $613 million |
| 6. | gateway mortgage | $593 million |
| 7. | Arvest Bank | $585 million |
| 8. | Wells Fargo | $530 million |
| 9. | pennymac | $512 million |
| 10. | bankfirst | $423 million |
If we filter the list to include only home purchase loans, US Bank maintains its lead at the top with $1.3 billion funded.
That’s nearly twice as much as second-ranked First United Bank’s $899 million and Associated Mortgage’s $719 million.
Amerihome ranked fourth with $660 million in funding, followed by Cornerstone with $613 million.
The rest of the best include Gateway Mortgage Group, Arvest Bank, Wells Fargo, PennyMac, and Oklahoma City, OK-based BankFirst.
Top Refinance Lenders in Oklahoma (For Existing Homeowners)
| Category | company’s name | 2021 loan amount |
| 1. | rocket hostage | $1.3 billion |
| 2. | liberty mortgage | $677 million |
| 3. | Wells Fargo | $486 million |
| 4. | Arvest Bank | $468 million |
| 5. | BOK Financial | $411 million |
| 6. | First United Bank | $396 million |
| 7. | us bank | $368 million |
| 8. | pennymac | $341 million |
| 9. | loandepot | $287 million |
| 10. | mortgage clearing corp | $284 million |
When it comes to mortgage refinancing, Rocket Mortgage easily takes first place with $1.3 billion funded.
That was nearly double the second of Freedom Mortgage, which specializes in government loans such as VA loans.
Wells Fargo ranked third with nearly $1.5 billion in refs, followed by Arvest Bank and Tulsa-based BOK Financial.
First United Bank, US Bank, Pennymac, loanDepot, and Tulsa-based Mortgage Clearing Corp. Stayed on 6 to 10 posts.
Top Mortgage Lenders in Oklahoma City
| Category | company’s name | 2021 loan amount |
| 1. | us bank | $995 million |
| 2. | Aadharshila Home Lending | $666 million |
| 3. | rocket hostage | $657 million |
| 4. | First United Bank | $559 million |
| 5. | Wells Fargo | $523 million |
| 6. | amerihome mortgage | $446 million |
| 7. | liberty mortgage | $433 million |
| 8. | pennymac | $393 million |
| 9. | gateway mortgage | $331 million |
| 10. | BOK Financial | $304 million |
Who Are The Best Mortgage Lenders In Oklahoma?
Biggest is one thing, but what about best? For the latter, I look at customer reviews to see what homeowners think about each of these companies.
And I usually go to Zillow to check their mortgage reviews.
The most reviewed Oklahoma-based lender on the site is Gateway Mortgage, which boasts a 4.96/5-star rating from nearly 5,000 reviews.
It’s solid enough, though not quite as good as BOK Financial’s 4.97/5 rating from nearly 4,000 reviews.
As far as Oklahoma based companies go, they are the biggie in terms of reviews. It goes downhill from there.
Meanwhile, US Bank has a better 4.98/5 rating from over 12,000 reviews, Rocket Mortgage has a 4.48/5 rating, First United has a 4.97/5, and Arvest Bank has a 4.99/5 rating.
There are also many smaller local mortgage companies and mortgage brokers to check out.
Take the time to compare the many different options available to you, whether it’s a local credit union, mortgage broker, regional bank or national brand.
(picture: Tony Hisgate,
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