Stride Bank Mortgage Rates, Fees & Info
Enid, OKLEI: 549300O5WDIJU8S7OI05
Tax ID: 73-0783952
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Mortgage Data
Review & Overview
Stride Bank is a smaller bank specializing in Home Purchase loans. Stride Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Oklahoma City, Stillwater, Tulsa, Austin, and Shawnee among others. We have data for 65 markets. (Some data included below & more in-depth data is available with an active subscription.)Stride 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. Stride 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.88% | 6/7/23 |
| 30 Year Conventional Refi | 6.59% | 6/7/23 |
| 30 Year Cash-out Refi | 6.89% | 6/7/23 |
| 30 Year FHA Purchase | 7.71% | 6/7/23 |
| 30 Year FHA Refi | 7.43% | 6/7/23 |
| 30 Year VA Purchase | 6.54% | 6/7/23 |
| 30 Year USDA Purchase | 7.26% | 6/7/23 |
| 15 Year Conventional Purchase | 6.31% | 6/7/23 |
| 15 Year Conventional Refi | 6.12% | 6/7/23 |
| 15 Year Cash-out Refi | 6.12% | 6/7/23 |
| 15 Year VA Purchase | 5.77% | 6/7/23 |
| 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. | ||
Stride Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Stride 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
1,502Origination Dollar Volume (All Markets)
$358,810,000Awards
Stride Bank - 2022
Stride Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Relative Rate
Stride Bank's average 30 year fixed mortgage rate was
5.11%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.35%.
Relative Fees (Closing Costs)
Stride Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,092.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $4,750.
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 |
|---|---|---|---|---|---|
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 969 | $241,875,000 | $249,613 | $7,187 | 5.09% |
| Stillwater, OK (FHA|USDA|VA) | 75 | $15,945,000 | $212,600 | $5,735 | 4.83% |
| TULSA, OK (FHA|USDA|VA) | 82 | $15,610,000 | $190,366 | $6,350 | 4.78% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 30 | $11,550,000 | $385,000 | $9,708 | 5.15% |
| Outside of Metro Areas | 64 | $10,840,000 | $169,375 | $6,206 | 5.14% |
| Shawnee, OK (FHA|USDA|VA) | 39 | $7,905,000 | $202,692 | $6,133 | 5.27% |
| McAlester, OK (FHA|USDA|VA) | 41 | $7,055,000 | $172,073 | $6,105 | 4.87% |
| ENID, OK (FHA|USDA|VA) | 43 | $6,505,000 | $151,279 | $5,078 | 5.61% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 11 | $5,485,000 | $498,636 | $10,578 | 5.77% |
| Bartlesville, OK (FHA|USDA|VA) | 33 | $5,415,000 | $164,091 | $5,297 | 5.38% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 13 | $3,775,000 | $290,385 | $7,652 | 5.09% |
| Durant, OK (FHA|USDA|VA) | 14 | $3,500,000 | $250,000 | $7,182 | 5.06% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 7 | $2,325,000 | $332,143 | $7,197 | 4.30% |
| Woodward, OK (FHA|USDA|VA) | 7 | $1,425,000 | $203,571 | $6,474 | 5.39% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $11,105 | 5.10% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $4,755 | 4.79% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 3 | $1,015,000 | $338,333 | $10,753 | 6.33% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $1,015,000 | $338,333 | $18,079 | 4.96% |
| LAWTON, OK (FHA|USDA|VA) | 7 | $865,000 | $123,571 | $5,527 | 5.68% |
| Ada, OK (FHA|USDA|VA) | 4 | $810,000 | $202,500 | $6,859 | 5.59% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $10,196 | 5.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $26,266 | 4.75% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $19,930 | 4.75% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $6,332 | 4.13% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $4,023 | 5.13% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $16,555 | 5.63% |
| MORGANTOWN, WV (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $9,945 | 3.25% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,149 | 4.38% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $5,335 | 4.25% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $21,482 | 4.50% |
| Taos, NM (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $11,354 | 5.50% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $3,682 | 5.75% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $10,764 | 5.50% |
| Juneau, AK (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,299 | 4.13% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 4.50% |
| Tahlequah, OK (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $4,002 | 5.50% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,130 | 5.88% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $12,387 | 7.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,009 | 6.50% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,743 | 4.63% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $11,629 | 3.50% |
| DOVER, DE (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $12,776 | 4.50% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,080 | 3.63% |
| Weatherford, OK (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,715 | 4.38% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $11,982 | 4.13% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,106 | 5.25% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,483 | 3.63% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $12,978 | 3.25% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $11,985 | 4.75% |
| Ponca City, OK (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $3,326 | 6.40% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,508 | 6.50% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $11,707 | 6.25% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,292 | 5.88% |
| Winfield, KS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,710 | 3.63% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,652 | 5.88% |
| Guymon, OK (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,954 | 6.25% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,454 | 6.00% |
| Duncan, OK (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,486 | 6.63% |
| Rockport, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,992 | 6.13% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,771 | 7.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,983 | 5.38% |
| Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.25% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.25% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.00% |
| Altus, OK (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $4,349 | 6.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against Stride Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, Stride Bank's most frequently originated type of loan was Conventional, with 930 originations. Their 2nd most popular type was FHA, with 375 originations.
Loan Reason
For 2022, Stride Bank's most frequently cited loan purpose was Home Purchase, with 1,392 originations. The 2nd most popular reason was Cash Out Refi, with 60 originations.
Loan Duration/Length
For 2022, Stride Bank's most frequently cited loan duration was 30 Year, with 1,362 originations. The 2nd most popular length was 5 Year, with 53 originations.
Origination Fees/Closing Costs
Stride Bank's average total fees were $7,092, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 807 originations.
Interest Rates
During 2022, Stride Bank's average interest rate for loans was 5.11%, while their most frequently originated rate bucket for loans was 5-6%, with 532 originations.
Loan Sizing
2022 saw Stride Bank place emphasis on $200k-400k loans with 715 originations, totaling $202,055,000 in origination value.
Applicant Income
Stride Bank lent most frequently to those with incomes in the $50k-75k range, with 384 originations. The second most popular income band? $100k-150k, with 329 originations.
Applicant Debt to Income Ratio
Stride Bank lent most frequently to those with DTI ratios of 30-36%, with 253 originations. The next most common DTI ratio? 20-30%, with 238 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.05%
Stride 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 origination79.49%
Stride Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,502 | $358,810,000 | $238,888 |