Altus Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Altus averaged
6.55%
for the week of 2026-08-20, compared to the national average of
6.65% for the same period.
The average rate for the prior week (2026-08-13) was
6.47% and
one month ago for the week of 2026-07-16, the
average rate was 6.55%.
Altus's average rate one year ago was 6.78%.
For refis of the same type during the week of 2026-08-20, the average rate
was 7.25%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2026-08-20 | 6.65% |
| Altus 30 Year Fixed Rate | 2026-08-20 | 6.55% |
| Altus 30 Year Fixed Rate Refi | 2026-08-20 | 7.25% |
| Altus 15 Year Fixed Rate | 2026-08-20 | 6.05% |
| Altus 15 Year Fixed Rate Refi | 2026-08-20 | 5.95% |
| Altus 30 Year FHA | 2026-08-20 | 6.47% |
| Altus 30 Year FHA Refi | 2026-08-20 | 6.47% |
| Altus 30 Year USDA | 2026-08-20 | 6.47% |
| Altus 30 Year USDA Refi | 2026-08-20 | 6.27% |
| Altus 30 Year VA | 2026-08-20 | 6.55% |
| Altus 30 Year VA Refi | 2026-08-20 | 6.35% |
Altus Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Altus, OK market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| INTERLINC MORTGAGE SERVICES, LLC | 10 | 7.30% | $6,569 |
| QUICKEN LOANS, LLC | 10 | 7.07% | $5,188 |
| RED RIVER FEDERAL CREDIT UNION | 6 | 7.27% | $4,103 |
| Gateway First Bank | 2 | 6.63% | $3,934 |
| NAVY FEDERAL CREDIT UNION | 2 | 5.56% | $2,892 |
| GUARANTEED RATE, INC. | 2 | 7.03% | $5,683 |
| USAA Federal Savings Bank | 2 | 7.31% | $3,817 |
| MID AMERICA MORTGAGE, INC. | 1 | 7.63% | $11,838 |
| Arvest Bank | 1 | 5.75% | $5,232 |
| Mortgage Research Center, LLC | 1 | 6.75% | $9,309 |
| NEWREZ LLC | 1 | 6.63% | $3,591 |
| PENTAGON FEDERAL CREDIT UNION | 1 | 6.63% | $5,177 |
| Sunflower Bank | 1 | 8.13% | $4,597 |
| Tinker Federal Credit Union | 1 | 6.50% | $4,643 |
| UNION SQUARE | 1 | 6.63% | $3,773 |
| MidFirst Bank | 1 | 6.00% | $3,335 |
| BOKF | 1 | 6.88% | $3,775 |
| BROKER SOLUTIONS, INC. | 1 | 6.50% | $5,029 |
| Carrington Mortgage Services, LLC | 1 | 6.88% | $5,415 |
| First United Bank and Trust Company | 1 | 6.88% | $3,867 |
| F & M Bank | 1 | 7.13% | $3,332 |
| InterBank | 1 | 8.75% | $4,351 |
Altus Average Closing Costs & Other Stats
Altus, OK's 22 lenders originated 386
loans during 2024. The total origination value was $76,480,000, with an average loan value of
$198,135.
Altus's average closing costs are $5,209.
The top Altus lender as defined by loan originations is INTERLINC MORTGAGE SERVICES, LLC, with
10 loans originated. Their average total fees are
$6,569, which is $1,381
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Altus lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($5,188), INTERLINC MORTGAGE SERVICES, LLC ($6,569), .
The lowest rate Altus lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (7.07%), INTERLINC MORTGAGE SERVICES, LLC (7.30%), .
Altus, OK Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| INTERLINC MORTGAGE SERVICES, LLC | $7,295,000 | $7,785,000 | 6.7% | 10.2% |
| Mortgage Research Center, LLC | $7,855,000 | $7,095,000 | -9.7% | 9.3% |
| QUICKEN LOANS, LLC | $4,885,000 | $4,685,000 | -4.1% | 6.1% |
| MID AMERICA MORTGAGE, INC. | $6,105,000 | $4,260,000 | -30.2% | 5.6% |
| NAVY FEDERAL CREDIT UNION | $2,880,000 | $3,485,000 | 21.0% | 4.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $675,000 | $3,440,000 | 409.6% | 4.5% |
| USAA Federal Savings Bank | $2,735,000 | $3,425,000 | 25.2% | 4.5% |
| RED RIVER FEDERAL CREDIT UNION | $2,725,000 | $3,205,000 | 17.6% | 4.2% |
| Herring Bank | $200,000 | $2,405,000 | 1,102.5% | 3.1% |
| PENNYMAC LOAN SERVICES, LLC | $1,520,000 | $2,315,000 | 52.3% | 3.0% |
| NBC Oklahoma | $845,000 | $2,220,000 | 162.7% | 2.9% |
| FREEDOM MORTGAGE CORPORATION | $715,000 | $2,195,000 | 207.0% | 2.9% |
| Paramount Residential Mortgage Group, Inc. | $1,335,000 | $1,915,000 | 43.4% | 2.5% |
| NBKC BANK | $825,000 | $1,605,000 | 94.5% | 2.1% |
| GUARANTEED RATE, INC. | $1,580,000 | n/a | 2.1% | |
| Atlantic Coast Mortgage, LLC | $2,785,000 | $1,040,000 | -62.7% | 1.4% |
| InterBank | $85,000 | $910,000 | 970.6% | 1.2% |
| MidFirst Bank | $1,475,000 | $905,000 | -38.6% | 1.2% |
| VILLAGE CAPITAL MORTGAGE | $790,000 | n/a | 1.0% | |
| NEWREZ LLC | $540,000 | $745,000 | 38.0% | 1.0% |
| Armed Forces Bank | $1,610,000 | $700,000 | -56.5% | 0.9% |
| CORNERSTONE HOME LENDING, INC. | $630,000 | n/a | 0.8% | |
| NATIONS DIRECT MORTGAGE, LLC | $625,000 | n/a | 0.8% | |
| Carrington Mortgage Services, LLC | $85,000 | $615,000 | 623.5% | 0.8% |
| CMG MORTGAGE, INC. | $265,000 | $610,000 | 130.2% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $800,000 | $605,000 | -24.4% | 0.8% |
| OKLAHOMA'S | $195,000 | $580,000 | 197.4% | 0.8% |
| Stockmans Bank | $570,000 | n/a | 0.7% | |
| Equity Prime Mortgage LLC | $1,070,000 | $565,000 | -47.2% | 0.7% |
| F & M Bank | $650,000 | $545,000 | -16.2% | 0.7% |
| First United Bank and Trust Company | $970,000 | $535,000 | -44.8% | 0.7% |
| LAKEVIEW LOAN SERVICING, LLC | $520,000 | n/a | 0.7% | |
| BOKF | $495,000 | n/a | 0.6% | |
| BROKER SOLUTIONS, INC. | $105,000 | $475,000 | 352.4% | 0.6% |
| First National Bank and Trust Company | $85,000 | $445,000 | 423.5% | 0.6% |
| BancFirst | $1,390,000 | $440,000 | -68.3% | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | $875,000 | $440,000 | -49.7% | 0.6% |
| The Federal Savings Bank | $440,000 | $410,000 | -6.8% | 0.5% |
| SUN WEST MORTGAGE COMPANY, INC. | $885,000 | $405,000 | -54.2% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $375,000 | n/a | 0.5% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $400,000 | $355,000 | -11.3% | 0.5% |
| Arvest Bank | $140,000 | $345,000 | 146.4% | 0.5% |
| Alliance Credit Union | $335,000 | n/a | 0.4% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $315,000 | n/a | 0.4% | |
| American Mortgage Bank, LLC | $245,000 | $305,000 | 24.5% | 0.4% |
| UNION SQUARE | $175,000 | $295,000 | 68.6% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $290,000 | n/a | 0.4% | |
| MOVEMENT MORTGAGE, LLC | $265,000 | n/a | 0.3% | |
| BETTER MORTGAGE CORPORATION | $365,000 | $255,000 | -30.1% | 0.3% |
| COMMUNICATION | $145,000 | $255,000 | 75.9% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $245,000 | n/a | 0.3% | |
| Great Plains National Bank | $640,000 | $245,000 | -61.7% | 0.3% |
| Network Funding, L.P. | $235,000 | n/a | 0.3% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $215,000 | n/a | 0.3% | |
| Gateway First Bank | $645,000 | $210,000 | -67.4% | 0.3% |
| OCEANSIDE MORTGAGE COMPANY | $205,000 | n/a | 0.3% | |
| COUNTRYPLACE MORTGAGE, LTD. | $215,000 | $195,000 | -9.3% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $85,000 | $195,000 | 129.4% | 0.3% |
| Figure Lending LLC | $15,000 | $175,000 | 1,066.7% | 0.2% |
| FLAT BRANCH MORTGAGE, INC. | $175,000 | n/a | 0.2% | |
| MORTGAGEONE, INC. | $165,000 | n/a | 0.2% | |
| THE MORTGAGE LINK, INC. | $165,000 | n/a | 0.2% | |
| MLD MORTGAGE INC. | $295,000 | $155,000 | -47.5% | 0.2% |
| TOTAL MORTGAGE SERVICES, LLC | $155,000 | n/a | 0.2% | |
| TRIAD FINANCIAL SERVICES, INC. | $155,000 | n/a | 0.2% | |
| Wells Fargo Bank | $245,000 | $155,000 | -36.7% | 0.2% |
| NEW DAY FINANCIAL, LLC | $400,000 | $150,000 | -62.5% | 0.2% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $145,000 | n/a | 0.2% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $145,000 | n/a | 0.2% | |
| USAlliance Federal Credit Union | $135,000 | n/a | 0.2% | |
| OPEN MORTGAGE, LLC | $125,000 | n/a | 0.2% | |
| LENDINGHOME FUNDING CORPORATION | $105,000 | $105,000 | 0.0% | 0.1% |
| Tinker Federal Credit Union | $35,000 | $100,000 | 185.7% | 0.1% |
| U.S. Bank | $45,000 | $85,000 | 88.9% | 0.1% |
| Stifel Bank and Trust | $205,000 | $75,000 | -63.4% | 0.1% |
| Sunflower Bank | $75,000 | n/a | 0.1% | |
| Pinnacle Bank | $65,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $55,000 | n/a | 0.1% | |
| Coastal Community Bank | $25,000 | $45,000 | 80.0% | 0.1% |
| Discover Bank | $35,000 | n/a | 0.0% |
Altus's top lender by overall market share is INTERLINC MORTGAGE SERVICES, LLC, with 10.2% market share. In second place, with 9.3%, is Mortgage Research Center, LLC, having originated $7,095,000 in loans. In third place, with 6.1%, is QUICKEN LOANS, LLC, having originated $4,685,000 in loans. In fourth place, with 5.6%, is MID AMERICA MORTGAGE, INC., having originated $4,260,000 in loans. In fifth place, with 4.6%, is NAVY FEDERAL CREDIT UNION, having originated $3,485,000 in loans.
Altus, OK Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 252 | $55,910,000 | $221,865 |
| Refi | 57 | $10,425,000 | $182,895 |
| Cash Out Refi | 47 | $7,935,000 | $168,830 |
| Other | 18 | $1,070,000 | $59,444 |
| Home Improvement | 12 | $1,140,000 | $95,000 |
Altus's most frequently cited loan purpose was Home Purchase, with 252 originations. The 2nd most popular reason was Refi, with 57 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 152 | $34,270,000 | $225,461 |
| 7-8% | 81 | $14,155,000 | $174,753 |
| 5-6% | 57 | $13,565,000 | $237,982 |
| Over 8% | 47 | $3,855,000 | $82,021 |
| <2.5% | 7 | $705,000 | $100,714 |
| 4-5% | 6 | $1,770,000 | $295,000 |
| 3-4% | 2 | $280,000 | $140,000 |
| 2.5-3% | 2 | $500,000 | $250,000 |
During 2024, Altus's most frequently originated rate bucket was 6-7%, with 152 originations.
Loan Sizing (Altus, OK MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 143 | $39,655,000 | $277,308 |
| $100k-200k | 127 | $18,815,000 | $148,150 |
| $100,000 or less | 98 | $5,810,000 | $59,286 |
| $400k-600k | 14 | $6,620,000 | $472,857 |
| $600k-1000k | 2 | $1,250,000 | $625,000 |
| $Over $1MM | 2 | $4,330,000 | $2,165,000 |
Altus's loan sizing saw the bucket of loans from $200k-400k with 143 originations, totaling $39,655,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 198 | $44,350,000 | $223,990 |
| 60-80% | 56 | $8,960,000 | $160,000 |
| Over 100% | 26 | $8,090,000 | $311,154 |
| 40-60% | 24 | $2,640,000 | $110,000 |
| 20-40% | 20 | $1,630,000 | $81,500 |
| Under 20% | 16 | $600,000 | $37,500 |
Altus's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 198 originations, totaling $44,350,000 in origination value.