Durant Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Durant averaged
6.76%
for the week of 2025-05-08, compared to the national average of
6.76% for the same period.
The average rate for the prior week (2025-05-01) was
7.16% and
one month ago for the week of 2025-04-03, the
average rate was 6.84%.
Durant's average rate one year ago was 7.42%.
For refis of the same type during the week of 2025-05-08, the average rate
was 7.16%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-08 | 6.76% |
| Durant 30 Year Fixed Rate | 2025-05-08 | 6.76% |
| Durant 30 Year Fixed Rate Refi | 2025-05-08 | 7.16% |
| Durant 15 Year Fixed Rate | 2025-05-08 | 6.09% |
| Durant 15 Year Fixed Rate Refi | 2025-05-08 | 6.09% |
| Durant 30 Year FHA | 2025-05-08 | 6.46% |
| Durant 30 Year FHA Refi | 2025-05-08 | 6.58% |
| Durant 30 Year USDA | 2025-05-08 | 6.27% |
| Durant 30 Year USDA Refi | 2025-05-08 | 6.67% |
| Durant 30 Year VA | 2025-05-08 | 6.95% |
| Durant 30 Year VA Refi | 2025-05-08 | 6.57% |
Durant 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 Durant, 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.).
Durant Average Closing Costs & Other Stats
Durant, OK's 52 lenders originated 914
loans during 2024. The total origination value was $176,720,000, with an average loan value of
$193,348.
Durant's average closing costs are $5,861.
The top Durant lender as defined by loan originations is First United Bank and Trust Company, with
55 loans originated. Their average total fees are
$5,644, which is $2,501
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Durant lenders (with over 10 loans originated) are
First United Bank and Trust Company ($5,644), NFM, INC. ($7,286), GUILD MORTGAGE COMPANY ($8,146), QUICKEN LOANS, LLC ($8,423) and .
The lowest rate Durant lenders (with over 10 loans originated) are
GUILD MORTGAGE COMPANY (6.64%), QUICKEN LOANS, LLC (6.86%), First United Bank and Trust Company (7.00%), NFM, INC. (7.07%) and .
Durant, 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 |
|---|---|---|---|---|
| First United Bank and Trust Company | $46,975,000 | $50,935,000 | 8.4% | 28.8% |
| GUILD MORTGAGE COMPANY | $14,785,000 | $14,860,000 | 0.5% | 8.4% |
| QUICKEN LOANS, LLC | $6,685,000 | $10,525,000 | 57.4% | 6.0% |
| Mortgage Research Center, LLC | $3,930,000 | $7,650,000 | 94.7% | 4.3% |
| Great Plains National Bank | $2,095,000 | $6,725,000 | 221.0% | 3.8% |
| Gateway First Bank | $1,950,000 | $6,060,000 | 210.8% | 3.4% |
| First Texoma National Bank | $3,375,000 | $4,720,000 | 39.9% | 2.7% |
| Vision Bank | $7,580,000 | $4,560,000 | -39.8% | 2.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,210,000 | $4,325,000 | 257.4% | 2.4% |
| NFM, INC. | $6,255,000 | $4,040,000 | -35.4% | 2.3% |
| 21ST MORTGAGE CORPORATION | $2,250,000 | $3,865,000 | 71.8% | 2.2% |
| MID AMERICA MORTGAGE, INC. | $1,585,000 | $2,715,000 | 71.3% | 1.5% |
| LOANDEPOT.COM, LLC | $1,160,000 | $2,330,000 | 100.9% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $765,000 | $1,710,000 | 123.5% | 1.0% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $1,525,000 | n/a | 0.9% | |
| CROSSCOUNTRY MORTGAGE, LLC | $1,610,000 | $1,400,000 | -13.0% | 0.8% |
| SOUTHWEST FUNDING, LP | $1,360,000 | n/a | 0.8% | |
| FREEDOM MORTGAGE CORPORATION | $800,000 | $1,280,000 | 60.0% | 0.7% |
| SOUTHWEST STAGE FUNDING, LLC | $835,000 | $1,270,000 | 52.1% | 0.7% |
| FLAT BRANCH MORTGAGE, INC. | $1,235,000 | n/a | 0.7% | |
| NEWREZ LLC | $825,000 | $1,160,000 | 40.6% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $685,000 | $1,120,000 | 63.5% | 0.6% |
| Farm Credit Mid-America, ACA | $135,000 | $1,080,000 | 700.0% | 0.6% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $610,000 | $1,070,000 | 75.4% | 0.6% |
| CARDINAL FINANCIAL | $1,025,000 | $1,050,000 | 2.4% | 0.6% |
| BancFirst | $1,190,000 | $1,020,000 | -14.3% | 0.6% |
| American Nation Bank | $2,865,000 | $950,000 | -66.8% | 0.5% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $950,000 | n/a | 0.5% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $145,000 | $930,000 | 541.4% | 0.5% |
| BROKER SOLUTIONS, INC. | $915,000 | $835,000 | -8.7% | 0.5% |
| Waterstone Mortgage Corporation | $790,000 | n/a | 0.4% | |
| CORNERSTONE HOME LENDING, INC. | $265,000 | $755,000 | 184.9% | 0.4% |
| GUARANTEED RATE, INC. | $4,510,000 | $745,000 | -83.5% | 0.4% |
| BMO Harris Bank | $725,000 | n/a | 0.4% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $725,000 | n/a | 0.4% | |
| Simmons Bank | $1,245,000 | $720,000 | -42.2% | 0.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $730,000 | $705,000 | -3.4% | 0.4% |
| TRIAD FINANCIAL SERVICES, INC. | $920,000 | $690,000 | -25.0% | 0.4% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $760,000 | $650,000 | -14.5% | 0.4% |
| Wells Fargo Bank | $820,000 | $585,000 | -28.7% | 0.3% |
| PLAZA HOME MORTGAGE, INC. | $510,000 | $550,000 | 7.8% | 0.3% |
| Stride Bank | $1,860,000 | $545,000 | -70.7% | 0.3% |
| U.S. Bank | $460,000 | $545,000 | 18.5% | 0.3% |
| General Mortgage Capital Corporation | $1,310,000 | $525,000 | -59.9% | 0.3% |
| Lamar National Bank | $450,000 | n/a | 0.3% | |
| Mr. Cooper ( Nationstar Mortgage ) | $595,000 | $445,000 | -25.2% | 0.3% |
| Chickasaw Community Bank | $395,000 | $440,000 | 11.4% | 0.2% |
| AmeriHome Mortgage Company, LLC | $665,000 | $410,000 | -38.3% | 0.2% |
| AMWEST FUNDING CORP. | $380,000 | $410,000 | 7.9% | 0.2% |
| JPMorgan Chase Bank | $515,000 | $405,000 | -21.4% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $275,000 | $400,000 | 45.5% | 0.2% |
| First Savings Bank | $395,000 | n/a | 0.2% | |
| Network Funding, L.P. | $395,000 | n/a | 0.2% | |
| CMG MORTGAGE, INC. | $95,000 | $380,000 | 300.0% | 0.2% |
| Ally Bank | $185,000 | $375,000 | 102.7% | 0.2% |
| The Loan Store, Inc. | $375,000 | n/a | 0.2% | |
| Arvest Bank | $1,165,000 | $370,000 | -68.2% | 0.2% |
| Discover Bank | $410,000 | $355,000 | -13.4% | 0.2% |
| Encompass Lending Group, LP | $355,000 | n/a | 0.2% | |
| Equity Prime Mortgage LLC | $105,000 | $350,000 | 233.3% | 0.2% |
| USAA Federal Savings Bank | $1,555,000 | $350,000 | -77.5% | 0.2% |
| PLANET HOME LENDING, LLC | $330,000 | n/a | 0.2% | |
| ASSOCIATED MORTGAGE CORPORATION | $315,000 | n/a | 0.2% | |
| First Bank & Trust Co. | $315,000 | n/a | 0.2% | |
| F & M Bank | $315,000 | n/a | 0.2% | |
| Independent Bank | $155,000 | $305,000 | 96.8% | 0.2% |
| Regent Bank | $305,000 | n/a | 0.2% | |
| POINT Mortgage | $295,000 | n/a | 0.2% | |
| VILLAGE CAPITAL MORTGAGE | $205,000 | $295,000 | 43.9% | 0.2% |
| V.I.P. MORTGAGE, INC. | $295,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $205,000 | $275,000 | 34.1% | 0.2% |
| Figure Lending LLC | $165,000 | $265,000 | 60.6% | 0.1% |
| RCB Bank | $255,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $105,000 | $250,000 | 138.1% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $715,000 | $245,000 | -65.7% | 0.1% |
| Tinker Federal Credit Union | $245,000 | n/a | 0.1% | |
| PNC Bank | $785,000 | $240,000 | -69.4% | 0.1% |
| Devon Bank | $235,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $235,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $235,000 | n/a | 0.1% | |
| LEGEND LENDING CORPORATION | $220,000 | n/a | 0.1% | |
| Mid-America Bank | $215,000 | n/a | 0.1% | |
| NBKC BANK | $335,000 | $205,000 | -38.8% | 0.1% |
| American Mortgage Bank, LLC | $195,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $195,000 | n/a | 0.1% | |
| Century Mortgage Company DBA Century Lending Company | $520,000 | $195,000 | -62.5% | 0.1% |
| EVERETT FINANCIAL, INC. | $635,000 | $195,000 | -69.3% | 0.1% |
| First Bank | $195,000 | n/a | 0.1% | |
| BOKF | $85,000 | $190,000 | 123.5% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $185,000 | n/a | 0.1% | |
| UNIFY FINANCIAL Credit Union | $185,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $290,000 | $185,000 | -36.2% | 0.1% |
| PHH Mortgage Corporation | $175,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $135,000 | $165,000 | 22.2% | 0.1% |
| First State Bank | $970,000 | $165,000 | -83.0% | 0.1% |
| LOANPAL, LLC | $655,000 | $155,000 | -76.3% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $155,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $95,000 | $145,000 | 52.6% | 0.1% |
| AMERICAN FINANCING CORPORATION | $145,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $175,000 | $145,000 | -17.1% | 0.1% |
| S1L, Inc. | $145,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $125,000 | n/a | 0.1% | |
| CSL Financial, LLC | $120,000 | $125,000 | 4.2% | 0.1% |
| Oklahoma Educators Credit Union | $15,000 | $125,000 | 733.3% | 0.1% |
| Citizens Bank | $105,000 | $115,000 | 9.5% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $105,000 | n/a | 0.1% | |
| First National Bank and Trust Company of Ardmore | $265,000 | $105,000 | -60.4% | 0.1% |
| SPRING EQ, LLC | $100,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $95,000 | n/a | 0.1% | |
| Evolve Bank & Trust | $85,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $295,000 | $75,000 | -74.6% | 0.0% |
| Legend Bank, N.A. | $855,000 | $65,000 | -92.4% | 0.0% |
| AMERISAVE MORTGAGE CORPORATION | $815,000 | $55,000 | -93.3% | 0.0% |
| COMMUNICATION | $555,000 | $55,000 | -90.1% | 0.0% |
| DIGITAL Federal Credit Union | $45,000 | n/a | 0.0% | |
| WEOKIE | $35,000 | n/a | 0.0% | |
| Coastal Community Bank | $165,000 | $5,000 | -97.0% | 0.0% |
Durant's top lender by overall market share is First United Bank and Trust Company, with 28.8% market share. In second place, with 8.4%, is GUILD MORTGAGE COMPANY, having originated $14,860,000 in loans. In third place, with 6.0%, is QUICKEN LOANS, LLC, having originated $10,525,000 in loans. In fourth place, with 4.3%, is Mortgage Research Center, LLC, having originated $7,650,000 in loans. In fifth place, with 3.8%, is Great Plains National Bank, having originated $6,725,000 in loans.
Durant, OK Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 544 | $119,950,000 | $220,496 |
| Refi | 140 | $27,220,000 | $194,429 |
| Other | 102 | $9,680,000 | $94,902 |
| Cash Out Refi | 84 | $16,380,000 | $195,000 |
| Home Improvement | 44 | $3,490,000 | $79,318 |
Durant's most frequently cited loan purpose was Home Purchase, with 544 originations. The 2nd most popular reason was Refi, with 140 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 312 | $72,440,000 | $232,179 |
| Over 8% | 245 | $26,845,000 | $109,571 |
| 7-8% | 188 | $41,130,000 | $218,777 |
| 5-6% | 92 | $21,820,000 | $237,174 |
| <2.5% | 8 | $50,000 | $6,250 |
| 4-5% | 4 | $1,010,000 | $252,500 |
| 3-4% | 1 | $165,000 | $165,000 |
During 2024, Durant's most frequently originated rate bucket was 6-7%, with 312 originations.
Loan Sizing (Durant, OK MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 320 | $85,090,000 | $265,906 |
| $100k-200k | 308 | $46,890,000 | $152,240 |
| $100,000 or less | 236 | $13,230,000 | $56,059 |
| $400k-600k | 32 | $15,820,000 | $494,375 |
| $600k-1000k | 16 | $11,670,000 | $729,375 |
| $Over $1MM | 2 | $4,020,000 | $2,010,000 |
Durant's loan sizing saw the bucket of loans from $200k-400k with 320 originations, totaling $85,090,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 383 | $91,385,000 | $238,603 |
| 60-80% | 167 | $35,855,000 | $214,701 |
| 20-40% | 94 | $8,900,000 | $94,681 |
| 40-60% | 90 | $16,890,000 | $187,667 |
| Under 20% | 86 | $3,510,000 | $40,814 |
| Over 100% | 17 | $3,685,000 | $216,765 |
Durant's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 383 originations, totaling $91,385,000 in origination value.