Top Mortgage Lenders in Enid, OK

Which mortgage lender in the Enid, 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 Enid, 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 Enid, OK area is Financial Concepts Mortgage, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.07%. This means that Financial Concepts Mortgage provided a -0.07% lower interest rate for its customers than other lenders in Enid, OK for a similar set of borrowers. Financial Concepts Mortgage has a market share of 14.7%. On the other hand, the most popular lender in the market is Primelending, with a market share of 31.1%. Primelending is an average rate lender in this area, with a “Rate Difference” of +0.08% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Enid, 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 Enid, OK is Gateway First Bank. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Quicken Loans. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Financial Concepts Mortgage. The cheapest VA mortgage provider is also Financial Concepts Mortgage. 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.

Ranking of Mortgage Lenders in Enid, OK

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Financial Concepts Mortgage 1, -0.07% 14.68%
Gateway First Bank 2, -0.05% 23.62%
Bokf 3, -0.02% 17.87%
Quicken Loans 4, 0.01% 12.77%
Primelending 5, 0.08% 31.06%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Financial Concepts Mortgage 1, -0.08% 15.72%
Gateway First Bank 2, -0.05% 27.10%
Quicken Loans 3, -0.02% 5.96%
Bokf 4, -0.01% 17.07%
Primelending 5, 0.09% 34.15%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.07% 10.89%
Bokf 2, -0.02% 20.79%
Financial Concepts Mortgage 3, -0.02% 10.89%
Primelending 4, 0.01% 19.80%
Quicken Loans 5, 0.04% 37.62%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.07% 26.89%
Bokf 2, -0.00% 20.17%
Financial Concepts Mortgage 3, 0.02% 7.14%
Primelending 4, 0.04% 31.09%
Quicken Loans 5, 0.05% 14.71%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.07% 33.76%
Quicken Loans 2, 0.00% 5.73%
Bokf 3, 0.01% 17.20%
Financial Concepts Mortgage 4, 0.03% 8.28%
Primelending 5, 0.05% 35.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.08% 13.58%
Bokf 2, -0.03% 25.93%
Financial Concepts Mortgage 3, -0.02% 4.94%
Primelending 4, 0.01% 23.46%
Quicken Loans 5, 0.05% 32.10%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Financial Concepts Mortgage 1, -0.15% 19.10%
Bokf 2, -0.05% 16.29%
Quicken Loans 3, -0.05% 10.11%
Gateway First Bank 4, -0.03% 21.35%
Primelending 5, 0.15% 33.15%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Financial Concepts Mortgage 1, -0.16% 19.53%
Bokf 2, -0.05% 17.16%
Quicken Loans 3, -0.05% 5.92%
Gateway First Bank 4, -0.04% 22.49%
Primelending 5, 0.15% 34.91%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 88.89%
Financial Concepts Mortgage 2, 0.02% 11.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Financial Concepts Mortgage 1, -0.02% 33.96%
Primelending 2, -0.02% 24.53%
Gateway First Bank 3, 0.01% 16.98%
Quicken Loans 4, 0.01% 11.32%
Bokf 5, 0.04% 13.21%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Primelending 1, -0.02% 28.57%
Financial Concepts Mortgage 2, -0.01% 28.57%
Gateway First Bank 3, 0.01% 21.43%
Quicken Loans 4, 0.01% 4.76%
Bokf 5, 0.04% 16.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Financial Concepts Mortgage 1, -0.02% 54.55%
Primelending 2, 0.00% 9.09%
Quicken Loans 3, 0.02% 36.36%

* Data is compiled for the Enid, OK commuting zone area, which comprises of counties of Alfalfa County, OK, Garfield County, OK, Grant County, OK, Major County, OK, and Woods County, OK. This includes cities/towns/communities of Enid, OK as well as Garber, OK, Alva, OK, Waukomis, OK, Fairview, OK, Ringwood, OK, Medford, OK, Cherokee, OK, Waynoka, OK, Helena, OK, Pond Creek, OK, and Isabella, 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.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Enid, OK area. For mortgage lender rankings of other cities, click here.