Bartlesville FHA Loan Rates, Closing Costs & Stats

Bartlesville, OK

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Bartlesville's 48 lenders originated 173 FHA loans during 2024. The total origination value was $29,795,000, with an average FHA loan value of $172,225.

    Bartlesville FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Bartlesville averaged 0.09% for the week of 2025-06-20, compared to the national average (all FHA variants) of 0% for the same period.

    Bartlesville's average FHA mortgage closing costs are $7,062.

    The average rate for the prior week (2025-06-13) was 6.57% and one month ago for the week of 2025-05-16, the average rate was 6.84%.

    The average rate one year ago was 6.99%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.1%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Bartlesville FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Bartlesville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    ASSOCIATED MORTGAGE CORPORATION 17 6.46% $7,654
    Arvest Bank 16 6.66% $7,065
    QUICKEN LOANS, LLC 14 6.40% $9,556
    American Mortgage Bank, LLC 14 6.37% $9,922
    FLAT BRANCH MORTGAGE, INC. 8 7.17% $7,354
    US MORTGAGE CORPORATION 4 6.78% $9,226
    First United Bank and Trust Company 4 6.66% $9,059
    American Bank of Oklahoma 4 6.66% $9,853
    Paramount Residential Mortgage Group, Inc. 3 6.88% $6,303
    BancFirst 3 6.50% $6,560
    BOKF 3 6.42% $10,599
    Chickasaw Community Bank 3 6.29% $7,661
    DHI MORTGAGE COMPANY, LTD. 3 5.16% $7,804
    NEWREZ LLC 3 6.67% $14,762
    PENNYMAC LOAN SERVICES, LLC 3 6.29% $6,114
    UNITED WHOLESALE MORTGAGE, LLC 3 6.23% $13,123
    CARDINAL FINANCIAL 2 5.75% $9,374
    Truity Federal Credit Union 2 7.00% $6,580
    Regent Financial Group, Inc. 2 6.62% $10,369
    Mr. Cooper ( Nationstar Mortgage ) 2 6.75% $8,214
    MID AMERICA MORTGAGE, INC. 2 7.13% $5,102
    FREEDOM MORTGAGE CORPORATION 2 6.75% $12,550
    OPEN MORTGAGE, LLC 2 6.38% $7,515
    NBH Bank 1 6.00% $7,504
    VILLAGE CAPITAL MORTGAGE 1 6.75% $3,622
    AmeriHome Mortgage Company, LLC 1 7.13% $7,182
    V.I.P. MORTGAGE, INC. 1 6.75% $10,529
    PHH Mortgage Corporation 1 6.63% $9,216
    PLANET HOME LENDING, LLC 1 6.75% $6,349
    Prosperity Bank 1 6.63% $8,300
    AMERICAN HOMESTAR MORTGAGE, L.L.C. 1 6.50% $13,234
    ROYAL UNITED MORTGAGE LLC 1 7.63% $6,858
    SENTE MORTGAGE, INC. 1 6.75% $8,446
    Stride Bank 1 7.38% $7,571
    THE MORTGAGE LINK, INC. 1 6.75% $16,473
    TOWNE MORTGAGE COMPANY 1 7.25% $4,989
    Waterstone Mortgage Corporation 1 6.75% $9,271
    COMMUNICATION 1 6.50% $8,234
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $7,001
    ENDEAVOR CAPITAL, LLC. 1 6.25% $10,408
    First National Bank and Trust Company 1 6.63% $8,179
    Equity Prime Mortgage LLC 1 7.25% $5,897
    BROKER SOLUTIONS, INC. 1 7.00% $13,187
    Gateway First Bank 1 5.25% $11,143
    Great Plains National Bank 1 5.88% $10,119
    GUILD MORTGAGE COMPANY 1 6.50% $8,234
    Mortgage Research Center, LLC 1 7.13% $5,940
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 5.75% $14,364

    The top Bartlesville FHA lender as defined by loan originations is ASSOCIATED MORTGAGE CORPORATION, with 17 FHA loans originated. Their average total fees are $7,654, which is $589 higher than the next largest lender, Arvest Bank.

    The lowest fee Bartlesville FHA lenders (with over 10 loans originated) are Arvest Bank ($7,065), ASSOCIATED MORTGAGE CORPORATION ($7,654), QUICKEN LOANS, LLC ($9,556), American Mortgage Bank, LLC ($9,922) and .

    The lowest rate Bartlesville FHA lenders (with over 10 loans originated) are American Mortgage Bank, LLC (6.37%), QUICKEN LOANS, LLC (6.40%), ASSOCIATED MORTGAGE CORPORATION (6.46%), Arvest Bank (6.66%) and .

    Bartlesville FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    BARTLESVILLE, OK WASHINGTON 2022 $420,680 $538,650 $651,050 $809,150
    BARTLESVILLE, OK WASHINGTON 2023 $472,030 $604,400 $730,525 $907,900

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).