Which mortgage lender in the Lawton, 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 Lawton, 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 Lawton, OK area in terms of interest rate is Navy Federal Credit Union, with an average “Rate Difference” of -0.18%. This means that, comparing similar borrowers, Navy Federal Credit Union provided a -0.18% lower interest rate for its customers than other lenders in the area. Navy Federal Credit Union has a market share of 9.9%. On the other hand, the most popular lender in the Lawton, OK area is First United Bank, with a larger market share of 25.5%. First United Bank is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.00% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Lawton, 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 Lawton, OK is Gateway First Bank. 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 First United Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is BancFirst of Oklahoma. 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 Lawton, OK
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.18% | 9.92% | |
| BancFirst of Oklahoma | -0.00% | 11.82% | |
| First United Bank | -0.00% | 25.45% | |
| Arvest Bank | 0.00% | 13.33% | |
| Gateway First Bank | 0.01% | 11.52% | |
| Flagstar Bank | 0.04% | 3.81% | |
| Guaranteed Rate | 0.04% | 4.11% | |
| USAA | 0.04% | 8.62% | |
| Quicken Loans | 0.09% | 11.42% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.18% | 11.93% | |
| BancFirst of Oklahoma | -0.00% | 10.09% | |
| Arvest Bank | 0.01% | 12.06% | |
| First United Bank | 0.01% | 30.28% | |
| Gateway First Bank | 0.02% | 12.45% | |
| Flagstar Bank | 0.04% | 4.06% | |
| Guaranteed Rate | 0.05% | 4.46% | |
| USAA | 0.05% | 9.44% | |
| Quicken Loans | 0.13% | 5.24% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.06% | 3.40% | |
| First United Bank | -0.06% | 9.79% | |
| Gateway First Bank | -0.03% | 8.51% | |
| USAA | -0.02% | 5.96% | |
| Guaranteed Rate | -0.02% | 2.98% | |
| Arvest Bank | -0.02% | 17.45% | |
| BancFirst of Oklahoma | -0.01% | 17.45% | |
| Flagstar Bank | 0.02% | 2.98% | |
| Quicken Loans | 0.05% | 31.49% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Gateway First Bank | -0.06% | 8.38% | |
| Arvest Bank | -0.03% | 23.70% | |
| First United Bank | -0.03% | 13.87% | |
| BancFirst of Oklahoma | -0.01% | 24.86% | |
| Guaranteed Rate | 0.01% | 6.65% | |
| USAA | 0.02% | 2.89% | |
| Flagstar Bank | 0.07% | 3.18% | |
| Quicken Loans | 0.09% | 13.01% | |
| Navy Federal Credit Union | 0.11% | 3.47% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Gateway First Bank | -0.08% | 10.19% | |
| Arvest Bank | -0.03% | 23.61% | |
| First United Bank | -0.02% | 18.52% | |
| BancFirst of Oklahoma | 0.00% | 21.30% | |
| USAA | 0.02% | 3.24% | |
| Guaranteed Rate | 0.02% | 7.87% | |
| Flagstar Bank | 0.10% | 3.24% | |
| Quicken Loans | 0.10% | 6.94% | |
| Navy Federal Credit Union | 0.13% | 5.09% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Arvest Bank | -0.03% | 23.85% | |
| Guaranteed Rate | -0.03% | 4.62% | |
| First United Bank | -0.02% | 6.15% | |
| BancFirst of Oklahoma | -0.02% | 30.77% | |
| Gateway First Bank | 0.00% | 5.38% | |
| Navy Federal Credit Union | 0.00% | 0.77% | |
| USAA | 0.01% | 2.31% | |
| Flagstar Bank | 0.03% | 3.08% | |
| Quicken Loans | 0.07% | 23.08% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| BancFirst of Oklahoma | -0.06% | 14.29% | |
| Flagstar Bank | -0.05% | 7.94% | |
| First United Bank | -0.04% | 24.87% | |
| Navy Federal Credit Union | 0.03% | 1.59% | |
| Arvest Bank | 0.03% | 13.23% | |
| Gateway First Bank | 0.03% | 19.58% | |
| Guaranteed Rate | 0.05% | 4.23% | |
| Quicken Loans | 0.07% | 14.29% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| BancFirst of Oklahoma | -0.06% | 15.20% | |
| Flagstar Bank | -0.05% | 8.77% | |
| First United Bank | -0.04% | 26.90% | |
| Arvest Bank | 0.03% | 14.04% | |
| Navy Federal Credit Union | 0.03% | 1.75% | |
| Gateway First Bank | 0.03% | 20.47% | |
| Guaranteed Rate | 0.05% | 4.68% | |
| Quicken Loans | 0.13% | 8.19% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Quicken Loans | -0.01% | 72.22% | |
| Gateway First Bank | 0.02% | 11.11% | |
| BancFirst of Oklahoma | 0.03% | 5.56% | |
| Arvest Bank | 0.03% | 5.56% | |
| First United Bank | 0.04% | 5.56% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First United Bank | 0.00% | 50.00% | |
| BancFirst of Oklahoma | 0.00% | 50.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First United Bank | 0.00% | 50.00% | |
| BancFirst of Oklahoma | 0.00% | 50.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.22% | 18.22% | |
| First United Bank | 0.03% | 34.27% | |
| Gateway First Bank | 0.04% | 10.63% | |
| Arvest Bank | 0.04% | 5.64% | |
| BancFirst of Oklahoma | 0.04% | 0.87% | |
| USAA | 0.05% | 16.49% | |
| Guaranteed Rate | 0.07% | 2.17% | |
| Flagstar Bank | 0.11% | 2.60% | |
| Quicken Loans | 0.11% | 9.11% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.23% | 20.59% | |
| Arvest Bank | 0.04% | 4.55% | |
| First United Bank | 0.04% | 38.50% | |
| BancFirst of Oklahoma | 0.05% | 1.07% | |
| Gateway First Bank | 0.06% | 10.16% | |
| USAA | 0.07% | 17.38% | |
| Guaranteed Rate | 0.08% | 2.41% | |
| Flagstar Bank | 0.13% | 2.41% | |
| Quicken Loans | 0.16% | 2.94% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First United Bank | -0.08% | 16.09% | |
| Navy Federal Credit Union | -0.06% | 8.05% | |
| Gateway First Bank | -0.04% | 12.64% | |
| USAA | -0.02% | 12.64% | |
| Flagstar Bank | 0.02% | 3.45% | |
| Arvest Bank | 0.02% | 10.34% | |
| Guaranteed Rate | 0.02% | 1.15% | |
| Quicken Loans | 0.06% | 35.63% |
* Data is compiled for the Lawton, OK commuting zone area, which comprises of counties of Comanche County, OK, Cotton County, OK, Jefferson County, OK, Stephens County, OK, and Tillman County, OK. This includes cities/towns/communities of Lawton, OK as well as Duncan, OK, Elgin, OK, Medicine Park, OK, Geronimo, OK, Marlow, OK, Cache, OK, Comanche, OK, Walters, OK, Frederick, OK, Temple, OK, Velma, OK, Grandfield, OK, Ryan, OK, Waurika, OK, Tipton, OK, Ringling, OK, and Davidson, 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 Lawton, OK area. For mortgage lender rankings in other cities, click here.