First National Bank Of Oklahoma Mortgage Rates, Fees & Info
Oklahoma City, OKLEI: 549300OBYIDGN0LRQS38
Tax ID: 80-0733838
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First National Bank Of Oklahoma is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Of Oklahoma has a high proportion of conventional loans. Their top markets by origination volume include: Oklahoma City, Ponca City, Tulsa, Glenwood Springs, and Cape Coral among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank Of Oklahoma has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
393Origination Dollar Volume (All Markets)
$79,555,000Top 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) | 276 | $56,330,000 | $204,094 | $0 | 0.00% |
| Ponca City, OK (FHA|USDA|VA) | 82 | $11,870,000 | $144,756 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 22 | $5,460,000 | $248,182 | $0 | 0.00% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $2,655,000 | $2,655,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $880,000 | $220,000 | $0 | 0.00% |
| ENID, OK (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $0 | 0.00% |
| Weatherford, OK (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| Stillwater, OK (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 393 | $79,555,000 | $202,430 | $0 | 0.00% |
For 2022, First National Bank Of Oklahoma's most frequently originated type of loan was Conventional, with 393 originations.
Loan Reason
For 2022, First National Bank Of Oklahoma's most frequently cited loan purpose was Home Purchase, with 240 originations. The 2nd most popular reason was Refi, with 140 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 393 | $79,555,000 | $202,430 | $0 | 0.00% |
For 2022, First National Bank Of Oklahoma's most frequently cited loan duration was Other, with 393 originations.
Loan Sizing
2022 saw First National Bank Of Oklahoma place emphasis on $100,000 or less loans with 150 originations, totaling $9,130,000 in origination value.
Applicant Income
First National Bank Of Oklahoma lent most frequently to those with incomes in the $50k-75k range, with 40 originations. The second most popular income band? $50k or less, with 30 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 393 | $79,555,000 | $202,430 | $0 | 0.00% |
First National Bank Of Oklahoma lent most frequently to those with DTI ratios of Exempt%, with 393 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.05%
First National Bank Of Oklahoma has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination97.71%
First National Bank Of Oklahoma has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 393 | $79,555,000 | $202,430 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |