Midfirst Bank Mortgage Rates, Fees & Info
Oklahoma City, OKLEI: 337KMNHEWWWR6B7Q7W10
Tax ID: 73-0383055
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
Review & Overview
Midfirst Bank is a small bank specializing in Home Purchase and Refi loans. Midfirst Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Phoenix, Los Angeles, Oklahoma City, Denver, and Tulsa among others. We have data for 138 markets. (Some data included below & more in-depth data is available with an active subscription.)Midfirst Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Midfirst Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.71% | 11/17/24 |
| 30 Year Conventional Purchase | 6.34% | 11/17/24 |
| 30 Year Conventional Refi | 6.63% | 11/17/24 |
| 30 Year Cash-out Refi | 6.48% | 11/17/24 |
| 30 Year FHA Purchase | 7.04% | 11/17/24 |
| 30 Year FHA Refi | 6.66% | 11/17/24 |
| 30 Year VA Purchase | 5.81% | 11/17/24 |
| 30 Year VA Refi | 5.87% | 11/17/24 |
| 30 Year USDA Purchase | 6.27% | 11/17/24 |
| 30 Year USDA Refi | 6.27% | 11/17/24 |
| 15 Year Conventional Purchase | 6.11% | 11/17/24 |
| 15 Year Conventional Refi | 6.83% | 11/17/24 |
| 15 Year Cash-out Refi | 6.83% | 11/17/24 |
| 15 Year FHA Purchase | 5.68% | 11/17/24 |
| 15 Year FHA Refi | 5.68% | 11/17/24 |
| 15 Year VA Refi | 5.68% | 11/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Midfirst Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Midfirst Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,478Origination Dollar Volume (All Markets)
$1,977,890,000Employee count
3,083Awards
×
![]()
MidFirst Bank - 2021
MidFirst Bank is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
Work for MidFirst Bank?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1,323 | $616,165,000 | $465,733 | $4,593 | 2.58% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 202 | $334,880,000 | $1,657,822 | $9,452 | 3.37% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 803 | $217,185,000 | $270,467 | $3,275 | 2.91% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 260 | $180,200,000 | $693,077 | $9,566 | 3.39% |
| TULSA, OK (FHA|USDA|VA) | 150 | $66,300,000 | $442,000 | $4,048 | 3.01% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 38 | $58,950,000 | $1,551,316 | $18,665 | 3.33% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 105 | $58,435,000 | $556,524 | $5,900 | 3.13% |
| Edwards, CO (FHA|USDA|VA) | 40 | $47,660,000 | $1,191,500 | $12,020 | 2.89% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 15 | $40,845,000 | $2,723,000 | $8,680 | 3.54% |
| Outside of Metro Areas | 57 | $34,235,000 | $600,614 | $4,117 | 3.17% |
| Glenwood Springs, CO (FHA|USDA|VA) | 18 | $33,980,000 | $1,887,778 | $7,869 | 3.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 23 | $28,625,000 | $1,244,565 | $9,239 | 3.25% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 10 | $17,900,000 | $1,790,000 | $52,547 | 4.10% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 27 | $16,065,000 | $595,000 | $3,962 | 2.74% |
| BOULDER, CO (FHA|USDA|VA) | 20 | $15,890,000 | $794,500 | $11,142 | 3.23% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 7 | $15,505,000 | $2,215,000 | $17,255 | 3.30% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 11 | $12,855,000 | $1,168,636 | $9,726 | 3.11% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 8 | $10,710,000 | $1,338,750 | $6,696 | 2.91% |
| SANTA FE, NM (FHA|USDA|VA) | 9 | $9,865,000 | $1,096,111 | $21,453 | 3.18% |
| TUCSON, AZ (FHA|USDA|VA) | 21 | $8,305,000 | $395,476 | $4,433 | 2.83% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 6 | $7,750,000 | $1,291,667 | $5,285 | 3.24% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 14 | $6,980,000 | $498,571 | $6,053 | 3.07% |
| Heber, UT (FHA|USDA|VA) | 4 | $6,720,000 | $1,680,000 | $3,427 | 3.63% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 4 | $6,320,000 | $1,580,000 | $6,383 | 3.26% |
| McAlester, OK (FHA|USDA|VA) | 13 | $5,545,000 | $426,538 | $3,654 | 3.15% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 6 | $4,880,000 | $813,333 | $4,493 | 2.88% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 6 | $4,810,000 | $801,667 | $14,187 | 3.38% |
| Hailey, ID (FHA|USDA|VA) | 2 | $4,630,000 | $2,315,000 | $14,449 | 3.13% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 12 | $4,270,000 | $355,833 | $7,252 | 3.28% |
| Steamboat Springs, CO (FHA|USDA|VA) | 3 | $3,885,000 | $1,295,000 | $8,592 | 2.93% |
| Kalispell, MT (FHA|USDA|VA) | 2 | $3,790,000 | $1,895,000 | $3,553 | 3.14% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 2 | $3,770,000 | $1,885,000 | $0 | 3.15% |
| Payson, AZ (FHA|USDA|VA) | 5 | $3,685,000 | $737,000 | $4,251 | 2.84% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 4 | $3,600,000 | $900,000 | $3,198 | 3.16% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 3 | $3,185,000 | $1,061,667 | $11,064 | 3.15% |
| Weatherford, OK (FHA|USDA|VA) | 22 | $3,140,000 | $142,727 | $3,575 | 2.46% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $2,945,000 | $2,945,000 | $12,336 | 3.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $2,795,000 | $931,667 | $7,067 | 3.52% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 5 | $2,685,000 | $537,000 | $0 | 5.13% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 5 | $2,675,000 | $535,000 | $4,650 | 3.88% |
| Woodward, OK (FHA|USDA|VA) | 27 | $2,655,000 | $98,333 | $3,446 | 2.84% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $2,630,000 | $1,315,000 | $3,733 | 3.43% |
| Bozeman, MT (FHA|USDA|VA) | 2 | $2,580,000 | $1,290,000 | $25,402 | 3.18% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $2,465,000 | $2,465,000 | $8,964 | 2.85% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 5 | $2,435,000 | $487,000 | $7,778 | 3.15% |
| Breckenridge, CO (FHA|USDA|VA) | 3 | $2,365,000 | $788,333 | $3,573 | 3.15% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $2,255,000 | $2,255,000 | $0 | 3.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 2 | $2,220,000 | $1,110,000 | $2,944 | 4.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 7 | $2,045,000 | $292,143 | $11,095 | 4.00% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $1,925,000 | $1,925,000 | $0 | 2.88% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $1,680,000 | $840,000 | $0 | 3.06% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $6,479 | 2.50% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $1,435,000 | $1,435,000 | $999 | 3.20% |
| Shawnee, OK (FHA|USDA|VA) | 16 | $1,430,000 | $89,375 | $1,962 | 2.78% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 4 | $1,420,000 | $355,000 | $0 | 3.41% |
| Durango, CO (FHA|USDA|VA) | 1 | $1,395,000 | $1,395,000 | $2,860 | 2.75% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,365,000 | $455,000 | $7,645 | 3.53% |
| NAPA, CA (FHA|USDA|VA) | 1 | $1,345,000 | $1,345,000 | $3,411 | 3.50% |
| ENID, OK (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $3,660 | 3.17% |
| Bartlesville, OK (FHA|USDA|VA) | 3 | $1,285,000 | $428,333 | $3,725 | 3.46% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $1,175,000 | $1,175,000 | $0 | 3.30% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $1,155,000 | $1,155,000 | $0 | 3.95% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 2 | $1,140,000 | $570,000 | $0 | 5.18% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $1,030,000 | $515,000 | $4,437 | 3.00% |
| KINGSTON, NY (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $8,854 | 3.25% |
| Cañon City, CO (FHA|USDA|VA) | 2 | $1,000,000 | $500,000 | $0 | 3.38% |
| Show Low, AZ (FHA|USDA|VA) | 6 | $980,000 | $163,333 | $4,267 | 2.25% |
| Ardmore, OK (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $4,102 | 3.51% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $835,000 | $835,000 | $14,695 | 3.85% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $0 | 3.10% |
| Stillwater, OK (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $2,456 | 3.07% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $969 | 2.50% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 4 | $740,000 | $185,000 | $0 | 4.30% |
| Tahlequah, OK (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $4,372 | 2.38% |
| Elk City, OK (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $2,062 | 4.15% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 4.25% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $11,298 | 2.74% |
| Vineyard Haven, MA (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 3.60% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 3.25% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $5,306 | 3.10% |
| Spirit Lake, IA (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 3.20% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $1,360 | 4.08% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 4.10% |
| Altus, OK (FHA|USDA|VA) | 11 | $565,000 | $51,364 | $1,924 | 1.48% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $2,992 | 2.63% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $2,456 | 3.19% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $2,324 | 3.75% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $0 | 5.46% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 4.25% |
| Ada, OK (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $2,620 | 3.06% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 3.25% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $1,367 | 3.10% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 6.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.25% |
| TYLER, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,654 | 2.88% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 2.63% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,262 | 3.13% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 3.13% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 3.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 5.38% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,024 | 3.25% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,494 | 3.25% |
| MOBILE, AL (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 6.44% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.25% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 5.75% |
| SALEM, OR (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.13% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 2.99% |
| Muskogee, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,842 | 2.75% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.25% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 4.81% |
| Seymour, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.88% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.88% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.25% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.25% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,700 | 3.25% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.00% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.25% |
| Sterling, CO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.00% |
| Torrington, CT (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.88% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $0 | 4.50% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.75% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 7.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.50% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.88% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.25% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 2.88% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.00% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.88% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.88% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.75% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.00% |
| Bedford, IN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 3.50% |
| Columbus, MS (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 7.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 6.25% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 3.38% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 3.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against MidFirst Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
N C P D Federal Credit Union
Similarity Rank: 102
Similarity Rank: 102
SANDIA LABORATORY
Similarity Rank: 140
Similarity Rank: 140
Municipal Employees Credit Union of Oklahoma City
Similarity Rank: 208
Similarity Rank: 208
Schuyler Savings Bank
Similarity Rank: 352
Similarity Rank: 352
Christian Community Credit Union
Similarity Rank: 354
Similarity Rank: 354
RED CROWN
Similarity Rank: 360
Similarity Rank: 360
WEOKIE
Similarity Rank: 432
Similarity Rank: 432
OKLAHOMA CENTRAL Credit Union
Similarity Rank: 450
Similarity Rank: 450
Del Norte Credit Union
Similarity Rank: 488
Similarity Rank: 488
GUADALUPE CREDIT UNION
Similarity Rank: 525
Similarity Rank: 525
Product Mix
For 2021, Midfirst Bank's most frequently originated type of loan was Conventional, with 2,254 originations. Their 2nd most popular type was HELOC, with 1,066 originations.
Loan Reason
For 2021, Midfirst Bank's most frequently cited loan purpose was Home Purchase, with 1,303 originations. The 2nd most popular reason was Refi, with 1,082 originations.
Loan Duration/Length
For 2021, Midfirst Bank's most frequently cited loan duration was 30 Year, with 1,466 originations. The 2nd most popular length was Other, with 1,245 originations.
Origination Fees/Closing Costs
Midfirst Bank's average total fees were $6,455, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,353 originations.
Interest Rates
During 2021, Midfirst Bank's average interest rate for loans was 3.05%, while their most frequently originated rate bucket for loans was 3-4%, with 1,293 originations.
Loan Sizing
2021 saw Midfirst Bank place emphasis on $100k-200k loans with 778 originations, totaling $109,510,000 in origination value.
Applicant Income
Midfirst Bank lent most frequently to those with incomes in the $250k+ range, with 999 originations. The second most popular income band? $150k-250k, with 500 originations.
Applicant Debt to Income Ratio
Midfirst Bank lent most frequently to those with DTI ratios of 20-30%, with 760 originations. The next most common DTI ratio? <20%, with 530 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.76%
Midfirst Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination83.90%
Midfirst Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,478 | $1,977,890,000 | $568,686 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3,478 | $1,977,890,000 | $568,686 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| MIDFIRST BANK | VA mortgage | Trouble during payment process | 4 | 3.2% |
| MIDFIRST BANK | VA mortgage | Incorrect information on your report | 2 | 1.6% |
| MIDFIRST BANK | VA mortgage | Struggling to pay mortgage | 2 | 1.6% |
| MIDFIRST BANK | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 0.8% |
| MIDFIRST BANK | Conventional home mortgage | Closing on a mortgage | 1 | 0.8% |
| MIDFIRST BANK | Conventional home mortgage | Incorrect information on your report | 2 | 1.6% |
| MIDFIRST BANK | Conventional home mortgage | Problem with a credit reporting company's investigation into an existing problem | 1 | 0.8% |
| MIDFIRST BANK | Conventional home mortgage | Struggling to pay mortgage | 5 | 4.0% |
| MIDFIRST BANK | Conventional home mortgage | Trouble during payment process | 16 | 12.8% |
| MIDFIRST BANK | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 10 | 8.0% |
| MIDFIRST BANK | FHA mortgage | Closing on a mortgage | 5 | 4.0% |
| MIDFIRST BANK | FHA mortgage | Credit monitoring or identity theft protection services | 1 | 0.8% |
| MIDFIRST BANK | FHA mortgage | Incorrect information on your report | 6 | 4.8% |
| MIDFIRST BANK | FHA mortgage | Problem with a credit reporting company's investigation into an existing problem | 3 | 2.4% |
| MIDFIRST BANK | FHA mortgage | Struggling to pay mortgage | 25 | 20.0% |
| MIDFIRST BANK | FHA mortgage | Trouble during payment process | 33 | 26.4% |
| MIDFIRST BANK | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 0.8% |
| MIDFIRST BANK | Other type of mortgage | Closing on a mortgage | 1 | 0.8% |
| MIDFIRST BANK | Other type of mortgage | Struggling to pay mortgage | 2 | 1.6% |
| MIDFIRST BANK | Other type of mortgage | Trouble during payment process | 4 | 3.2% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Midfirst Bank | 100 North Rock Island Road El Reno, OK 73036 | Full Service B&M | $108,807 |
| Midfirst Bank | 100 North University Drive Edmond, OK 73034 | Full Service B&M | $15,455 |
| Midfirst Bank | 101 Cook Street Denver, CO 80206 | Full Service B&M | $392,695 |
| Midfirst Bank | 1037 Sw 19th Street Moore, OK 73160 | Full Service B&M | $63,166 |
| Midfirst Bank | 105 Edwards Village Boulevard Edwards, CO 81632 | Full Service B&M | $65,806 |
| Midfirst Bank | 10725 N. Scottsdale Rd. Scottsdale, AZ 85254 | Full Service B&M | $130,533 |
| Midfirst Bank | 111 North Perkins Road Stillwater, OK 74075 | Full Service B&M | $30,426 |
| Midfirst Bank | 11122 S. Memorial Dr. Bixby, OK 74008 | Full Service B&M | $52,897 |
| Midfirst Bank | 11925 S Western Avenue Oklahoma City, OK 73170 | Full Service B&M | $93,363 |
| Midfirst Bank | 1200 Garth Brooks Blvd Yukon, OK 73099 | Full Service B&M | $31,146 |
| Midfirst Bank | 1200 N Kelly Edmond, OK 73003 | Full Service B&M | $107,213 |
| Midfirst Bank | 1201 West Vandament Yukon, OK 73099 | Full Service B&M | $127,569 |
| Midfirst Bank | 1290 S. Normal Ave Tempe, AZ 85281 | Full Service B&M | $49,750 |
| Midfirst Bank | 1320 East 7th Street, Suite 220 Los Angeles, CA 90021 | Full Service B&M | $86,024 |
| Midfirst Bank | 13240 North May Avenue Oklahoma City, OK 73120 | Full Service B&M | $84,530 |
| Midfirst Bank | 13771 N. Fountain Hills Blvd Fountain Hills, AZ 85268 | Full Service B&M | $86,375 |
| Midfirst Bank | 1518 Oklahoma Avenue Woodward, OK 73801 | Full Service B&M | $148,950 |
| Midfirst Bank | 15451 West Waddell Road Surprise, AZ 85379 | Full Service B&M | $109,108 |
| Midfirst Bank | 1601 East Danforth Road Edmond, OK 73034 | Full Service B&M | $152,217 |
| Midfirst Bank | 16401 N. May Ave Edmond, OK 73013 | Full Service B&M | $123,206 |
| Midfirst Bank | 16417 N. Santa Fe Avenue Edmond, OK 73013 | Full Service B&M | $136,285 |
| Midfirst Bank | 16633 Ventura, Ste 601 Encino, CA 91436 | Full Service B&M | $58,536 |
| Midfirst Bank | 16976 West Bell Road Surprise, AZ 85374 | Full Service B&M | $87,135 |
| Midfirst Bank | 17025 North 7th Street Phoenix, AZ 85022 | Full Service B&M | $68,901 |
| Midfirst Bank | 1875 Century Park East, Suite 1400 Los Angeles, CA 90067 | Full Service B&M | $1,612,855 |
| Midfirst Bank | 1920 Mckinney Ave, Suite 900 Dallas, TX 75201 | Full Service B&M | $79,920 |
| Midfirst Bank | 200 S. Mustang Rd. Yukon, OK 73099 | Full Service B&M | $76,110 |
| Midfirst Bank | 201 Midwest Blvd. Midwest City, OK 73110 | Full Service B&M | $55,102 |
| Midfirst Bank | 201 Southwest Second Street Anadarko, OK 73005 | Full Service B&M | $79,295 |
| Midfirst Bank | 20645 N. Pima Road, Suite 140 Scottsdale, AZ 85255 | Full Service B&M | $430,701 |
| Midfirst Bank | 2100 W. Kenosha St. Broken Arrow, OK 74012 | Full Service B&M | $44,374 |
| Midfirst Bank | 2101 South West 104th Oklahoma City, OK 73159 | Full Service B&M | $127,362 |
| Midfirst Bank | 2200 South Utica Place, Suite 550 Tulsa, OK 74114 | Full Service B&M | $753,751 |
| Midfirst Bank | 2225 N May Ave Oklahoma City, OK 73107 | Full Service B&M | $87,324 |
| Midfirst Bank | 228 Chickasha Avenue Chickasha, OK 73018 | Full Service B&M | $118,379 |
| Midfirst Bank | 2320 North Harrison Street Shawnee, OK 74804 | Full Service B&M | $94,464 |
| Midfirst Bank | 2400 N. 9th St Broken Arrow, OK 74012 | Full Service B&M | $36,432 |
| Midfirst Bank | 24810 North Lake Pleasant Parkway Peoria, AZ 85383 | Full Service B&M | $166,527 |
| Midfirst Bank | 2511 N. Main St Altus, OK 73521 | Full Service B&M | $82,164 |
| Midfirst Bank | 2547 E. 21st St. Tulsa, OK 74114 | Full Service B&M | $41,595 |
| Midfirst Bank | 2805 South Colorado Boulevard Denver, CO 80222 | Full Service B&M | $188,953 |
| Midfirst Bank | 2849 South Market Street Gilbert, AZ 85295 | Full Service B&M | $79,498 |
| Midfirst Bank | 3030 E. Camelback Rd. Phoenix, AZ 85016 | Full Service B&M | $927,687 |
| Midfirst Bank | 305 N. Washington St Weatherford, OK 73096 | Full Service B&M | $105,665 |
| Midfirst Bank | 3140 South Garnett Road Tulsa, OK 74146 | Full Service B&M | $21,450 |
| Midfirst Bank | 315 West Boyd Norman, OK 73069 | Full Service B&M | $26,333 |
| Midfirst Bank | 3215 Williams Avenue Woodward, OK 73801 | Full Service B&M | $42,596 |
| Midfirst Bank | 3232 S. Broadway Edmond, OK 73013 | Full Service B&M | $50,056 |
| Midfirst Bank | 3601 West Tecumseh Road Norman, OK 73072 | Full Service B&M | $69,533 |
| Midfirst Bank | 3611 W. Anthem Way Anthem, AZ 85086 | Full Service B&M | $111,513 |
| Midfirst Bank | 3631 East Baseline Road Gilbert, AZ 85234 | Full Service B&M | $118,830 |
| Midfirst Bank | 3701 West Reno Ave Oklahoma City, OK 73107 | Full Service B&M | $51,014 |
| Midfirst Bank | 4000 E. Quincy Ave Englewood, CO 80113 | Limited, Mobile/Seasonal Office | $0 |
| Midfirst Bank | 411 N Central Phoenix, AZ 85004 | Full Service B&M | $30,083 |
| Midfirst Bank | 4255 South Peoria Ave Tulsa, OK 74105 | Full Service B&M | $34,783 |
| Midfirst Bank | 4750 East Chandler Boulevard Phoenix, AZ 85048 | Full Service B&M | $126,435 |
| Midfirst Bank | 4800 S. Elm Pl. Broken Arrow, OK 74011 | Full Service B&M | $27,687 |
| Midfirst Bank | 4900 South Gilbert Road Chandler, AZ 85249 | Full Service B&M | $113,836 |
| Midfirst Bank | 501 Nw Grand Boulevard Oklahoma City, OK 73118 | Full Service B&M | $9,570,182 |
| Midfirst Bank | 555 17th Street Denver, CO 80202 | Full Service B&M | $128,852 |
| Midfirst Bank | 5800 North Western Avenue Oklahoma City, OK 73118 | Full Service B&M | $436,374 |
| Midfirst Bank | 5801 Northwest 39th Street Warr Acres, OK 73122 | Full Service B&M | $52,077 |
| Midfirst Bank | 625 Northwest 5th Street Moore, OK 73160 | Full Service B&M | $98,866 |
| Midfirst Bank | 630 West Main Street Norman, OK 73069 | Full Service B&M | $131,167 |
| Midfirst Bank | 6310 East Greenway Road Scottsdale, AZ 85254 | Full Service B&M | $159,505 |
| Midfirst Bank | 6351 N Macarthur Oklahoma City, OK 73122 | Full Service B&M | $120,561 |
| Midfirst Bank | 6508 West Bell Road Glendale, AZ 85308 | Full Service B&M | $133,178 |
| Midfirst Bank | 702 East Thunderbird Road Phoenix, AZ 85022 | Full Service B&M | $107,678 |
| Midfirst Bank | 7100 W Hefner Road Oklahoma City, OK 73162 | Full Service B&M | $237,713 |
| Midfirst Bank | 7305 South Power Road Queen Creek, AZ 85142 | Full Service B&M | $83,324 |
| Midfirst Bank | 7403 South Pennsylvania Ave Oklahoma City, OK 73159 | Full Service B&M | $15,588 |
| Midfirst Bank | 7485 W. Cactus Rd. Peoria, AZ 85345 | Full Service Retail | $87,639 |
| Midfirst Bank | 7500 South Western Ave Oklahoma City, OK 73139 | Full Service B&M | $72,977 |
| Midfirst Bank | 760 West Ray Road Gilbert, AZ 85233 | Full Service B&M | $100,764 |
| Midfirst Bank | 787 East Elliot Road Tempe, AZ 85284 | Full Service B&M | $157,871 |
| Midfirst Bank | 8015 East 71st Street Tulsa, OK 74133 | Full Service B&M | $74,169 |
| Midfirst Bank | 810 Southwest 44 Oklahoma City, OK 73109 | Full Service B&M | $47,674 |
| Midfirst Bank | 835 East State Highway 152 Mustang, OK 73064 | Full Service B&M | $155,158 |
| Midfirst Bank | 840 Pearl Street Boulder, CO 80302 | Full Service B&M | $50,344 |
| Midfirst Bank | 901 North Lincoln Boulevard Oklahoma City, OK 73104 | Full Service B&M | $62,809 |
| Midfirst Bank | 9139 South Yale Ave Tulsa, OK 74137 | Full Service B&M | $65,396 |
For 2021, Midfirst Bank had 81 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $1,203,917 |
| Net interest income | $1,036,202 |
| Total noninterest income | $283,720 |
| Gross Fiduciary activities income | $12,931 |
| Service charges on deposit accounts | $20,029 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $250,760 |
| Pre-tax net operating income | $832,946 |
| Securities gains (or losses, -) | $-193 |
| Income before extraordinary items | $809,862 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $809,862 |
| Minority interest net income | $0 |
| Net income | $809,862 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $810,049 |
Midfirst Bank's gross interest income from loans was $1,203,917,000.
Midfirst Bank's net interest income from loans was $1,036,202,000.
Midfirst Bank's fee based income from loans was $20,029,000.
Midfirst Bank's net income from loans was $809,862,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $167,715 |
| Provision for credit losses | $-28,709 |
| Total noninterest expense | $515,685 |
| Salaries and employee benefits | $309,863 |
| Premises and equipment expense | $64,250 |
| Additional noninterest expense | $141,572 |
| Applicable income taxes | $22,891 |
| Net charge-offs | $6,703 |
| Cash dividends | $232,000 |
Midfirst Bank's interest expense for loans was $167,715,000.
Midfirst Bank's payroll and benefits expense were $309,863,000.
Midfirst Bank's property, plant and equipment expenses $64,250,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 25.0% |
| Real Estate loans | 27.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 38.0% |
| HELOC loans | 0.0% |
| All other family | 38.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 1.0% |
| Other individual loans | 0.0% |
| Auto loans | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $19,821,588 |
| Deposits held in domestic offices | $19,821,588 |
| Deposits by Individuals, partnerships, and corporations | $19,376,883 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $426,996 |
| Deposits by Commercial banks and other depository institutions in U.S. | $17,461 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $248 |
| Transaction accounts | $4,943,844 |
| Demand deposits | $4,476,280 |
| Nontransaction accounts | $14,877,744 |
| Money market deposit accounts (MMDAs) | $5,108,002 |
| Other savings deposits (excluding MMDAs) | $8,500,172 |
| Total time deposits | $1,269,569 |
| Total time and savings deposits | $15,345,308 |
| Noninterest-bearing deposits | $5,523,259 |
| Interest-bearing deposits | $14,298,329 |
| Retail deposits | $18,110,997 |
| IRAs and Keogh plan accounts | $158,190 |
| Brokered deposits | $1,487,992 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $32,127,026 |
| Cash & Balances due from depository institutions | $267,870 |
| Interest-bearing balances | $141,616 |
| Total securities | $3,092,395 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $26,762,494 |
| Loan and leases loss allowance | $179,800 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $234,368 |
| Other real estate owned | $12,418 |
| Goodwill and other intangibles | $226,414 |
| All other assets | $1,531,067 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $32,127,026 |
| Total Liabilities | $29,284,657 |
| Total deposits | $19,821,588 |
| Interest-bearing deposits | $14,298,329 |
| Deposits held in domestic offices | $19,821,588 |
| % insured (estimated) | $70 |
| Federal funds purchased and repurchase agreements | $250,000 |
| Trading liabilities | $0 |
| Other borrowed funds | $9,050,025 |
| Subordinated debt | $0 |
| All other liabilities | $163,044 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $26,762,494 |
| Loan and leases loss allowance | $179,800 |
| Total loans and leases (domestic) | $26,942,294 |
| All real estate loans | $24,487,777 |
| Real estate loans in domestic offices | $24,487,777 |
| Construction and development loans | $881,254 |
| Residential 1-4 family construction | $210,428 |
| Other construction, all land development and other land | $670,826 |
| Loans secured by nonfarm nonresidential properties | $5,308,715 |
| Nonfarm nonresidential secured by owner-occupied properties | $1,904,705 |
| Commercial real estate & other non-farm, non-residential | $3,404,010 |
| Multifamily residential real estate | $508,756 |
| 1-4 family residential loans | $17,782,293 |
| Farmland loans | $6,759 |
| Loans held in foreign offices | $0 |
| Farm loans | $213 |
| Commercial and industrial loans | $2,220,580 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $177,557 |
| Credit card loans | $24,974 |
| Related Plans | $49,019 |
| Consumer Auto Loans | $34,513 |
| Other loans to individuals | $69,051 |
| All other loans & leases | $56,167 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $56,167 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $172,693 |
| Loans secured by real estate to non-U.S. addressees | $12,930 |
| Restructured Loans & leases | $41,108 |
| Non 1-4 family restructured loans & leases | $40,718 |
| Total loans and leases (foreign) | $0 |
MidFirst Bank had $26,762,494,000 of loans outstanding in 2021. $24,487,777,000 of loans were in real estate loans. $881,254,000 of loans were in development loans. $508,756,000 of loans were in multifamily mortgage loans. $17,782,293,000 of loans were in 1-4 family mortgage loans. $213,000 of loans were in farm loans. $24,974,000 of loans were in credit card loans. $34,513,000 of loans were in the auto loan category.
Small Business Loans
| Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
|---|---|---|---|
| Nonfarm, nonresidential loans - <$1MM | 1,778 | $665,026 | $374,030 |
| Nonfarm, nonresidential loans - <$100k | 114 | $5,422 | $47,561 |
| Nonfarm, nonresidential loans - $100-250k | 393 | $54,999 | $139,947 |
| Nonfarm, nonresidential loans - $250k-1MM | 1,271 | $604,605 | $475,692 |
| Commercial & Industrial, US addressed loans - <$1MM | 5,902 | $306,143 | $51,871 |
| Commercial & Industrial, US addressed loans - <$100k | 4,471 | $50,484 | $11,291 |
| Commercial & Industrial, US addressed loans - $100-250k | 632 | $53,649 | $84,888 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 799 | $202,010 | $252,829 |
| Agriculture operations loans - <$1MM | 2 | $213 | $106,500 |
| Agriculture operations loans - <$100k | 1 | $13 | $13,000 |
| Agriculture operations loans - $100-250k | 1 | $200 | $200,000 |