Top Mortgage Lenders in the Muskogee, OK area

Which mortgage lender in the Muskogee, OK area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Muskogee, OK area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Muskogee, OK area is American Bank of Oklahoma, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.07%. This means that American Bank of Oklahoma provided a -0.07% lower interest rate for its customers than other lenders in Muskogee, OK for a similar set of borrowers. American Bank of Oklahoma has a market share of 16.7%. On the other hand, the most popular lender in the market is Arvest Bank, with a market share of 16.9%. Arvest Bank is an average rate lender in this area, with a “Rate Difference” of -0.02% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for 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, the cheapest lender for Conventional mortgages in Muskogee, OK is Bancfirst. 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. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Bank of Oklahoma 1, -0.07% 16.69%
Bancfirst 2, -0.03% 10.46%
Arvest Bank 3, -0.02% 16.91%
Armstrong Bank 4, -0.02% 8.90%
Firstar Bank 5, 0.00% 6.67%
Bokf 6, 0.02% 8.90%
Bank 2 7, 0.03% 3.56%
First United Bank And Trust Co 8, 0.05% 16.69%
Quicken Loans 9, 0.08% 11.23%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Bank of Oklahoma 1, -0.07% 22.20%
Bancfirst 2, -0.04% 11.02%
Arvest Bank 3, -0.02% 18.53%
Firstar Bank 4, 0.01% 6.84%
Armstrong Bank 5, 0.02% 5.18%
Bokf 6, 0.02% 8.68%
Bank 2 7, 0.04% 3.67%
First United Bank And Trust Co 8, 0.07% 18.20%
Quicken Loans 9, 0.12% 5.68%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Armstrong Bank 1, -0.06% 16.33%
First United Bank And Trust Co 2, -0.02% 13.67%
Arvest Bank 3, -0.01% 13.67%
Firstar Bank 4, -0.00% 6.33%
American Bank of Oklahoma 5, -0.00% 5.67%
Bancfirst 6, 0.00% 9.33%
Bank 2 7, 0.02% 3.33%
Bokf 8, 0.03% 9.33%
Quicken Loans 9, 0.04% 22.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bancfirst 1, -0.06% 14.14%
American Bank of Oklahoma 2, -0.03% 8.08%
Armstrong Bank 3, -0.02% 11.52%
Arvest Bank 4, -0.02% 21.21%
Firstar Bank 5, -0.01% 5.86%
Bokf 6, 0.02% 10.71%
First United Bank And Trust Co 7, 0.03% 14.75%
Bank 2 8, 0.07% 2.02%
Quicken Loans 9, 0.09% 11.72%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bancfirst 1, -0.09% 16.44%
American Bank of Oklahoma 2, -0.03% 10.62%
Arvest Bank 3, -0.03% 25.34%
Firstar Bank 4, -0.01% 6.51%
Bokf 5, 0.01% 9.93%
Armstrong Bank 6, 0.05% 6.16%
First United Bank And Trust Co 7, 0.05% 15.07%
Bank 2 8, 0.10% 2.40%
Quicken Loans 9, 0.15% 7.53%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Armstrong Bank 1, -0.06% 19.21%
First United Bank And Trust Co 2, -0.02% 14.29%
Firstar Bank 3, 0.00% 4.93%
Arvest Bank 4, 0.00% 15.27%
American Bank of Oklahoma 5, 0.01% 4.43%
Bancfirst 6, 0.01% 10.84%
Bank 2 7, 0.02% 1.48%
Bokf 8, 0.03% 11.82%
Quicken Loans 9, 0.05% 17.73%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Bank of Oklahoma 1, -0.09% 30.45%
Arvest Bank 2, -0.04% 11.42%
Armstrong Bank 3, -0.03% 4.15%
Firstar Bank 4, 0.01% 7.27%
Bokf 5, 0.02% 5.19%
Bank 2 6, 0.03% 7.27%
Bancfirst 7, 0.06% 3.81%
Quicken Loans 8, 0.09% 9.34%
First United Bank And Trust Co 9, 0.09% 21.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Bank of Oklahoma 1, -0.08% 34.87%
Armstrong Bank 2, -0.04% 3.78%
Arvest Bank 3, -0.04% 12.18%
Firstar Bank 4, 0.01% 7.14%
Bank 2 5, 0.03% 5.88%
Bokf 6, 0.04% 6.30%
Quicken Loans 7, 0.06% 3.78%
Bancfirst 8, 0.09% 3.36%
First United Bank And Trust Co 9, 0.10% 22.69%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Bank of Oklahoma 1, -0.05% 9.80%
Arvest Bank 2, -0.05% 7.84%
Bancfirst 3, -0.04% 5.88%
Armstrong Bank 4, -0.03% 5.88%
Bank 2 5, -0.00% 13.73%
First United Bank And Trust Co 6, 0.00% 13.73%
Firstar Bank 7, 0.00% 7.84%
Quicken Loans 8, 0.04% 35.29%
Insufficient data available.
Insufficient data available.
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Bank of Oklahoma 1, -0.02% 19.13%
Armstrong Bank 2, -0.01% 9.57%
Arvest Bank 3, -0.01% 12.17%
Bancfirst 4, -0.01% 11.30%
First United Bank And Trust Co 5, 0.01% 13.91%
Bokf 6, 0.02% 10.43%
Firstar Bank 7, 0.02% 8.70%
Quicken Loans 8, 0.02% 13.91%
Bank 2 9, 0.03% 0.87%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Bank of Oklahoma 1, -0.03% 27.54%
Armstrong Bank 2, -0.01% 5.80%
Bancfirst 3, -0.01% 14.49%
Arvest Bank 4, -0.01% 11.59%
Bokf 5, 0.00% 11.59%
Quicken Loans 6, 0.03% 4.35%
First United Bank And Trust Co 7, 0.03% 15.94%
Bank 2 8, 0.03% 1.45%
Firstar Bank 9, 0.06% 7.25%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First United Bank And Trust Co 1, -0.03% 10.87%
Firstar Bank 2, -0.02% 10.87%
Arvest Bank 3, -0.02% 13.04%
Armstrong Bank 4, -0.02% 15.22%
Bancfirst 5, -0.00% 6.52%
Quicken Loans 6, 0.02% 28.26%
American Bank of Oklahoma 7, 0.02% 6.52%
Bokf 8, 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 for the data comes from 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 based on the MSA, 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.

FB Comments