LAWTON Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lawton averaged
7.18%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.91% and
one month ago for the week of 2025-05-15, the
average rate was 7.08%.
Lawton's average rate one year ago was 7.32%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.21%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Lawton 30 Year Fixed Rate | 2025-06-18 | 7.18% |
| Lawton 30 Year Fixed Rate Refi | 2025-06-18 | 7.21% |
| Lawton 15 Year Fixed Rate | 2025-06-18 | 6.16% |
| Lawton 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| Lawton 30 Year FHA | 2025-06-18 | 0.41% |
| Lawton 30 Year FHA Refi | 2025-06-18 | 0% |
| Lawton 30 Year USDA | 2025-06-18 | 0% |
| Lawton 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Lawton 30 Year VA | 2025-06-18 | -0.04% |
| Lawton 30 Year VA Refi | 2025-06-18 | -0.65% |
LAWTON 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 LAWTON, 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.).
LAWTON Average Closing Costs & Other Stats
LAWTON, OK's 71 lenders originated 2,340
loans during 2024. The total origination value was $418,770,000, with an average loan value of
$178,962.
LAWTON's average closing costs are $5,250.
The top LAWTON lender as defined by loan originations is Arvest Bank, with
41 loans originated. Their average total fees are
$4,458, which is $1,755
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee LAWTON lenders (with over 10 loans originated) are
Arvest Bank ($4,458), Mortgage Research Center, LLC ($4,865), First United Bank and Trust Company ($5,684), CORNERSTONE HOME LENDING, INC. ($5,745) and QUICKEN LOANS, LLC ($6,213).
The lowest rate LAWTON lenders (with over 10 loans originated) are
First National Bank and Trust Company (6.61%), First United Bank and Trust Company (6.72%), Mortgage Research Center, LLC (6.74%), GUILD MORTGAGE COMPANY (6.76%) and CORNERSTONE HOME LENDING, INC. (6.81%).
LAWTON, 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 |
|---|---|---|---|---|
| Mortgage Research Center, LLC | $48,635,000 | $71,045,000 | 46.1% | 17.0% |
| First United Bank and Trust Company | $48,385,000 | $40,560,000 | -16.2% | 9.7% |
| Arvest Bank | $25,970,000 | $27,190,000 | 4.7% | 6.5% |
| BancFirst | $27,950,000 | $26,270,000 | -6.0% | 6.3% |
| GUILD MORTGAGE COMPANY | $3,320,000 | $23,820,000 | 617.5% | 5.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,940,000 | $17,575,000 | 255.8% | 4.2% |
| QUICKEN LOANS, LLC | $11,925,000 | $15,715,000 | 31.8% | 3.8% |
| First National Bank and Trust Company | $7,795,000 | $13,805,000 | 77.1% | 3.3% |
| NAVY FEDERAL CREDIT UNION | $24,195,000 | $13,530,000 | -44.1% | 3.2% |
| FREEDOM MORTGAGE CORPORATION | $2,560,000 | $10,925,000 | 326.8% | 2.6% |
| CORNERSTONE HOME LENDING, INC. | $1,110,000 | $10,175,000 | 816.7% | 2.4% |
| DHI MORTGAGE COMPANY, LTD. | $8,070,000 | n/a | 1.9% | |
| PENNYMAC LOAN SERVICES, LLC | $3,940,000 | $8,015,000 | 103.4% | 1.9% |
| All America Bank | $8,460,000 | $6,205,000 | -26.7% | 1.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $13,185,000 | $6,135,000 | -53.5% | 1.5% |
| USAA Federal Savings Bank | $8,140,000 | $6,050,000 | -25.7% | 1.4% |
| Liberty National Bank | $4,735,000 | $5,365,000 | 13.3% | 1.3% |
| NEW DAY FINANCIAL, LLC | $2,365,000 | $3,925,000 | 66.0% | 0.9% |
| FLAT BRANCH MORTGAGE, INC. | $2,515,000 | $3,720,000 | 47.9% | 0.9% |
| GUARANTEED RATE, INC. | $3,835,000 | $3,700,000 | -3.5% | 0.9% |
| The City National Bank and Trust Company of Lawton | $1,485,000 | $3,175,000 | 113.8% | 0.8% |
| VILLAGE CAPITAL MORTGAGE | $810,000 | $2,720,000 | 235.8% | 0.6% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,740,000 | $2,635,000 | -3.8% | 0.6% |
| American Mortgage Bank, LLC | $3,385,000 | $2,435,000 | -28.1% | 0.6% |
| 21ST MORTGAGE CORPORATION | $1,465,000 | $2,285,000 | 56.0% | 0.5% |
| Great Plains National Bank | $965,000 | $2,260,000 | 134.2% | 0.5% |
| Network Funding, L.P. | $2,020,000 | $2,190,000 | 8.4% | 0.5% |
| Stride Bank | $2,770,000 | $2,070,000 | -25.3% | 0.5% |
| Carrington Mortgage Services, LLC | $1,250,000 | $1,995,000 | 59.6% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $985,000 | $1,940,000 | 97.0% | 0.5% |
| NEWREZ LLC | $730,000 | $1,935,000 | 165.1% | 0.5% |
| CARDINAL FINANCIAL | $1,085,000 | $1,830,000 | 68.7% | 0.4% |
| FORT SILL | $1,320,000 | $1,715,000 | 29.9% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,720,000 | $1,710,000 | -0.6% | 0.4% |
| LOANDEPOT.COM, LLC | $1,930,000 | $1,640,000 | -15.0% | 0.4% |
| BOKF | $2,385,000 | $1,510,000 | -36.7% | 0.4% |
| Walters Bank and Trust Company | $2,295,000 | $1,495,000 | -34.9% | 0.4% |
| OCMBC, INC. | $1,400,000 | n/a | 0.3% | |
| TruHome Solutions, LLC | $565,000 | $1,305,000 | 131.0% | 0.3% |
| LOANPAL, LLC | $1,885,000 | $1,295,000 | -31.3% | 0.3% |
| SIRVA MORTGAGE, INC. | $715,000 | $1,260,000 | 76.2% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,480,000 | $1,200,000 | -18.9% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $450,000 | $1,195,000 | 165.6% | 0.3% |
| The Federal Savings Bank | $2,275,000 | $1,170,000 | -48.6% | 0.3% |
| HOMESIDE FINANCIAL, LLC | $1,085,000 | n/a | 0.3% | |
| JPMorgan Chase Bank | $270,000 | $1,080,000 | 300.0% | 0.3% |
| ROYAL UNITED MORTGAGE LLC | $295,000 | $1,075,000 | 264.4% | 0.3% |
| Equity Prime Mortgage LLC | $275,000 | $1,065,000 | 287.3% | 0.3% |
| Legacy Bank | $145,000 | $1,065,000 | 634.5% | 0.3% |
| U.S. Bank | $385,000 | $1,065,000 | 176.6% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,175,000 | $1,055,000 | -10.2% | 0.3% |
| CPM Federal Credit Union | $1,015,000 | $1,035,000 | 2.0% | 0.2% |
| COMMUNICATION | $905,000 | $1,010,000 | 11.6% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $770,000 | $975,000 | 26.6% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $500,000 | $925,000 | 85.0% | 0.2% |
| Gateway First Bank | $7,875,000 | $910,000 | -88.4% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $325,000 | $905,000 | 178.5% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $820,000 | $890,000 | 8.5% | 0.2% |
| Regent Bank | $5,925,000 | $830,000 | -86.0% | 0.2% |
| Credence Funding Corporation | $790,000 | n/a | 0.2% | |
| Flagstar Bank, FSB | $3,025,000 | $785,000 | -74.0% | 0.2% |
| Stockmans Bank | $725,000 | n/a | 0.2% | |
| Wells Fargo Bank | $1,855,000 | $710,000 | -61.7% | 0.2% |
| Discover Bank | $635,000 | $705,000 | 11.0% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,835,000 | $685,000 | -62.7% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $2,270,000 | $670,000 | -70.5% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $75,000 | $660,000 | 780.0% | 0.2% |
| NBKC BANK | $335,000 | $660,000 | 97.0% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $395,000 | $660,000 | 67.1% | 0.2% |
| Bank of America | $755,000 | $570,000 | -24.5% | 0.1% |
| MICHIGAN MUTUAL, INC. | $155,000 | $560,000 | 261.3% | 0.1% |
| Prosperity Bank | $45,000 | $555,000 | 1,133.3% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $85,000 | $550,000 | 547.1% | 0.1% |
| CMG MORTGAGE, INC. | $670,000 | $530,000 | -20.9% | 0.1% |
| BROKER SOLUTIONS, INC. | $1,000,000 | $525,000 | -47.5% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $610,000 | $515,000 | -15.6% | 0.1% |
| Plains Commerce Bank | $495,000 | $515,000 | 4.0% | 0.1% |
| Figure Lending LLC | $255,000 | $500,000 | 96.1% | 0.1% |
| MORTGAGEONE, INC. | $410,000 | $495,000 | 20.7% | 0.1% |
| ALLEGIANCE | $355,000 | $465,000 | 31.0% | 0.1% |
| The Loan Store, Inc. | $460,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $215,000 | $430,000 | 100.0% | 0.1% |
| PHH Mortgage Corporation | $415,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $590,000 | $410,000 | -30.5% | 0.1% |
| SOUTHWEST FUNDING, LP | $400,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $720,000 | $390,000 | -45.8% | 0.1% |
| Tinker Federal Credit Union | $405,000 | $390,000 | -3.7% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $605,000 | $385,000 | -36.4% | 0.1% |
| YNB | $370,000 | n/a | 0.1% | |
| RF Renovo Management Company, LLC | $215,000 | $360,000 | 67.4% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $230,000 | $355,000 | 54.3% | 0.1% |
| EVERETT FINANCIAL, INC. | $11,235,000 | $355,000 | -96.8% | 0.1% |
| Ameris Bank | $275,000 | $345,000 | 25.5% | 0.1% |
| Lakeview Community Capital, LLC | $345,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $695,000 | $345,000 | -50.4% | 0.1% |
| GENEVA FINANCIAL, LLC | $155,000 | $335,000 | 116.1% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $335,000 | n/a | 0.1% | |
| Texana Bank | $335,000 | n/a | 0.1% | |
| International Bank of Commerce | $275,000 | $325,000 | 18.2% | 0.1% |
| LIBERTY HOME MORTGAGE CORPORATION | $305,000 | n/a | 0.1% | |
| TOWNE MORTGAGE COMPANY | $235,000 | $305,000 | 29.8% | 0.1% |
| Magnolia Bank | $825,000 | $295,000 | -64.2% | 0.1% |
| Armed Forces Bank | $285,000 | n/a | 0.1% | |
| V.I.P. MORTGAGE, INC. | $275,000 | n/a | 0.1% | |
| Home State Bank | $265,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $85,000 | $265,000 | 211.8% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $260,000 | n/a | 0.1% | |
| DOMINION FINANCIAL SERVICES, LLC | $230,000 | $260,000 | 13.0% | 0.1% |
| NexBank | $260,000 | n/a | 0.1% | |
| Farmers Bank & Trust Company | $255,000 | n/a | 0.1% | |
| INTERLINC MORTGAGE SERVICES, LLC | $415,000 | $255,000 | -38.6% | 0.1% |
| MLD MORTGAGE INC. | $255,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $595,000 | $245,000 | -58.8% | 0.1% |
| Coastal Community Bank | $50,000 | $235,000 | 370.0% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $105,000 | $230,000 | 119.0% | 0.1% |
| F & M Bank | $225,000 | n/a | 0.1% | |
| Chickasaw Community Bank | $1,345,000 | $215,000 | -84.0% | 0.1% |
| CLEARPATH LENDING | $205,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $205,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL NETWORK, INC. | $85,000 | $195,000 | 129.4% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $195,000 | n/a | 0.0% | |
| COMMUNITY MORTGAGE FUNDING, LLC | $190,000 | n/a | 0.0% | |
| CHURCHILL MORTGAGE CORPORATION | $500,000 | $185,000 | -63.0% | 0.0% |
| First National Bank of America | $355,000 | $185,000 | -47.9% | 0.0% |
| Oklahoma Educators Credit Union | $180,000 | n/a | 0.0% | |
| American National Bank & Trust | $380,000 | $175,000 | -53.9% | 0.0% |
| AMERISAVE MORTGAGE CORPORATION | $550,000 | $175,000 | -68.2% | 0.0% |
| Citizens Bank | $25,000 | $175,000 | 600.0% | 0.0% |
| MORIA DEVELOPMENT, INC. | $175,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $215,000 | $165,000 | -23.3% | 0.0% |
| Merchants Mortgage & Trust Corporation | $165,000 | n/a | 0.0% | |
| Midwest Mortgage Associates Corporation | $165,000 | n/a | 0.0% | |
| WEOKIE | $165,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $400,000 | $160,000 | -60.0% | 0.0% |
| GERSHMAN INVESTMENT CORP. | $155,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $155,000 | n/a | 0.0% | |
| ENDEAVOR CAPITAL, LLC. | $145,000 | n/a | 0.0% | |
| First Liberty Bank | $145,000 | n/a | 0.0% | |
| M&T Bank | $145,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $610,000 | $145,000 | -76.2% | 0.0% |
| Ally Bank | $135,000 | n/a | 0.0% | |
| AMERITRUST MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| BMO Harris Bank | $605,000 | $135,000 | -77.7% | 0.0% |
| Amarillo National Bank | $125,000 | n/a | 0.0% | |
| BETTER MORTGAGE CORPORATION | $115,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $115,000 | n/a | 0.0% | |
| OKLAHOMA'S | $115,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $175,000 | $105,000 | -40.0% | 0.0% |
| First Bank & Trust Co. | $580,000 | $105,000 | -81.9% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $55,000 | $105,000 | 90.9% | 0.0% |
| MORTGAGE FINANCIAL SERVICES, LLC | $105,000 | n/a | 0.0% | |
| S1L, Inc. | $105,000 | n/a | 0.0% | |
| UMB Bank | $100,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $270,000 | $95,000 | -64.8% | 0.0% |
| First Security Bank & Trust Company | $95,000 | n/a | 0.0% | |
| MidFirst Bank | $2,690,000 | $95,000 | -96.5% | 0.0% |
| InterBank | $360,000 | $90,000 | -75.0% | 0.0% |
| COMMUNITYAMERICA | $85,000 | n/a | 0.0% | |
| Vision Bank | $165,000 | $85,000 | -48.5% | 0.0% |
| First Fidelity Bank | $65,000 | $75,000 | 15.4% | 0.0% |
| SWBC MORTGAGE CORPORATION | $75,000 | n/a | 0.0% | |
| ASSOCIATED MORTGAGE CORPORATION | $965,000 | $65,000 | -93.3% | 0.0% |
| Citibank | $75,000 | $65,000 | -13.3% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| Simmons Bank | $65,000 | n/a | 0.0% | |
| AMERICAN FINANCE HOUSE LARIBA | $55,000 | n/a | 0.0% | |
| Fidelity Bank | $55,000 | n/a | 0.0% | |
| UNION SQUARE | $260,000 | $55,000 | -78.8% | 0.0% |
| American Airlines Federal Credit Union | $45,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $45,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $35,000 | n/a | 0.0% | |
| Sooner State Bank | $35,000 | n/a | 0.0% |
LAWTON's top lender by overall market share is Mortgage Research Center, LLC, with 17.0% market share. In second place, with 9.7%, is First United Bank and Trust Company, having originated $40,560,000 in loans. In third place, with 6.5%, is Arvest Bank, having originated $27,190,000 in loans. In fourth place, with 6.3%, is BancFirst, having originated $26,270,000 in loans. In fifth place, with 5.7%, is GUILD MORTGAGE COMPANY, having originated $23,820,000 in loans.
LAWTON, OK Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,571 | $303,085,000 | $192,925 |
| Refi | 299 | $60,535,000 | $202,458 |
| Cash Out Refi | 202 | $37,720,000 | $186,733 |
| Home Improvement | 150 | $10,330,000 | $68,867 |
| Other | 118 | $7,100,000 | $60,169 |
Lawton's most frequently cited loan purpose was Home Purchase, with 1,571 originations. The 2nd most popular reason was Refi, with 299 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 879 | $184,875,000 | $210,324 |
| 7-8% | 492 | $83,340,000 | $169,390 |
| Over 8% | 384 | $32,320,000 | $84,167 |
| 5-6% | 343 | $84,365,000 | $245,962 |
| 4-5% | 41 | $8,695,000 | $212,073 |
| <2.5% | 21 | $1,605,000 | $76,429 |
| 3-4% | 9 | $1,885,000 | $209,444 |
| 2.5-3% | 6 | $1,760,000 | $293,333 |
During 2024, Lawton's most frequently originated rate bucket was 6-7%, with 879 originations.
Loan Sizing (LAWTON, OK MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 761 | $211,975,000 | $278,548 |
| $100k-200k | 750 | $110,650,000 | $147,533 |
| $100,000 or less | 725 | $41,075,000 | $56,655 |
| $400k-600k | 89 | $40,985,000 | $460,506 |
| $600k-1000k | 11 | $7,565,000 | $687,727 |
| $Over $1MM | 4 | $6,520,000 | $1,630,000 |
LAWTON's loan sizing saw the bucket of loans from $200k-400k with 761 originations, totaling $211,975,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,206 | $252,850,000 | $209,660 |
| 60-80% | 326 | $51,270,000 | $157,270 |
| Over 100% | 201 | $50,075,000 | $249,129 |
| Under 20% | 146 | $4,940,000 | $33,836 |
| 20-40% | 131 | $8,685,000 | $66,298 |
| 40-60% | 83 | $10,505,000 | $126,566 |
LAWTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,206 originations, totaling $252,850,000 in origination value.