Ponca City Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Ponca City averaged 6.96% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 6.9% and one month ago for the week of 2024-05-02, the average rate was 7.29%.

Ponca City's average rate one year ago was 6.56%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.59%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Ponca City 30 Year Fixed Rate 2024-06-06 6.96%
Ponca City 30 Year Fixed Rate Refi 2024-06-06 7.59%
Ponca City 15 Year Fixed Rate 2024-06-06 6.39%
Ponca City 15 Year Fixed Rate Refi 2024-06-06 6.49%
Ponca City 30 Year FHA 2024-06-06 6.9%
Ponca City 30 Year FHA Refi 2024-06-06 6.59%
Ponca City 30 Year USDA 2024-06-06 6.9%
Ponca City 30 Year USDA Refi 2024-06-06 6.9%
Ponca City 30 Year VA 2024-06-06 6.49%
Ponca City 30 Year VA Refi 2024-06-06 6.29%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Ponca City, OK.

Ponca City 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 Ponca City, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FLAT BRANCH MORTGAGE, INC. 45 6.67% $3,921
RCB Bank 15 6.00% $3,753
QUICKEN LOANS, LLC 9 6.96% $5,969
Community National Bank & Trust 7 6.46% $3,023
Mortgage Research Center, LLC 4 6.68% $4,621
Equity Bank 4 6.97% $3,261
OPEN MORTGAGE, LLC 4 6.72% $5,454
F & M Bank 3 7.33% $4,941
UNITED WHOLESALE MORTGAGE, LLC 3 6.54% $6,773
CORNERSTONE HOME LENDING, INC. 3 6.91% $7,266
JPMorgan Chase Bank 2 5.62% $7,599
Arvest Bank 2 6.63% $3,918
PENNYMAC LOAN SERVICES, LLC 2 7.06% $5,292
BancFirst 2 8.00% $5,335
PREMIA MORTGAGE, LLC 2 6.53% $589
ROYAL UNITED MORTGAGE LLC 2 6.50% $7,015
United Fidelity Funding Corp. 2 6.43% $7,136
Gateway First Bank 2 7.19% $3,625
LOANDEPOT.COM, LLC 2 5.81% $8,591
USAA Federal Savings Bank 1 7.50% $3,962
American Mortgage & Equity Consultants, Inc. 1 5.75% $3,961
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.38% $5,627
BancorpSouth 1 7.00% $5,947
BROKER SOLUTIONS, INC. 1 6.49% $5,274
CARDINAL FINANCIAL 1 5.63% $5,858
CMG MORTGAGE, INC. 1 6.50% $3,797
Discover Bank 1 8.49% $0
F&A Federal Credit Union 1 6.88% $1,012
First United Bank and Trust Company 1 7.50% $4,169
Morgan Stanley Private Bank 1 5.85% $2,693
Mr. Cooper ( Nationstar Mortgage ) 1 6.49% $7,819
NEWREZ LLC 1 7.13% $3,439
PENTAGON FEDERAL CREDIT UNION 1 6.25% $3,097
PROVIDENT FUNDING ASSOCIATES, L.P. 1 5.25% $5,243
Simmons Bank 1 7.00% $2,696
The Central Trust Bank 1 7.63% $3,965
ACADEMY MORTGAGE CORPORATION 1 6.50% $4,146

Ponca City Average Closing Costs & Other Stats

Ponca City, OK's 37 lenders originated 640 loans during 2023. The total origination value was $76,520,000, with an average loan value of $119,563.

Ponca City's average closing costs are $5,061.

The top Ponca City lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 45 loans originated. Their average total fees are $3,921, which is $168 higher than the next largest lender, RCB Bank.

The lowest fee Ponca City lenders (with over 10 loans originated) are RCB Bank ($3,753), FLAT BRANCH MORTGAGE, INC. ($3,921), .

The lowest rate Ponca City lenders (with over 10 loans originated) are RCB Bank (6.00%), FLAT BRANCH MORTGAGE, INC. (6.67%), .

Ponca City, 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
FLAT BRANCH MORTGAGE, INC. $15,595,000 $12,990,000 -16.7% 17.0%
RCB Bank $10,120,000 $8,660,000 -14.4% 11.3%
First National Bank Of Oklahoma $11,870,000 $5,365,000 -54.8% 7.0%
Community National Bank & Trust $4,670,000 $5,200,000 11.3% 6.8%
Equity Bank $9,810,000 $5,140,000 -47.6% 6.7%
QUICKEN LOANS, LLC $6,640,000 $4,200,000 -36.7% 5.5%
BancFirst $4,485,000 $4,130,000 -7.9% 5.4%
Mortgage Research Center, LLC $3,460,000 $3,300,000 -4.6% 4.3%
OPEN MORTGAGE, LLC $835,000 $2,030,000 143.1% 2.7%
USAA Federal Savings Bank $605,000 $1,270,000 109.9% 1.7%
The Central Trust Bank $1,150,000 n/a 1.5%
PENNYMAC LOAN SERVICES, LLC $620,000 $1,115,000 79.8% 1.5%
United Fidelity Funding Corp. $2,895,000 $1,090,000 -62.3% 1.4%
UNITED WHOLESALE MORTGAGE, LLC $1,265,000 $980,000 -22.5% 1.3%
PREMIA MORTGAGE, LLC $935,000 n/a 1.2%
Great Plains National Bank $1,360,000 $920,000 -32.4% 1.2%
CORNERSTONE HOME LENDING, INC. $2,110,000 $895,000 -57.6% 1.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,755,000 $830,000 -52.7% 1.1%
LOANPAL, LLC $390,000 $815,000 109.0% 1.1%
LOANDEPOT.COM, LLC $1,285,000 $795,000 -38.1% 1.0%
THE KAW VALLEY STATE BANK AND TRUST COMPANY, OF WAMEGO, KANSAS $745,000 n/a 1.0%
Gateway First Bank $360,000 $705,000 95.8% 0.9%
AMERISAVE MORTGAGE CORPORATION $425,000 $675,000 58.8% 0.9%
JPMorgan Chase Bank $130,000 $590,000 353.8% 0.8%
First United Bank and Trust Company $640,000 $540,000 -15.6% 0.7%
LENDINGHOME FUNDING CORPORATION $490,000 n/a 0.6%
PENTAGON FEDERAL CREDIT UNION $450,000 n/a 0.6%
SENTE MORTGAGE, INC. $275,000 $425,000 54.5% 0.6%
F & M Bank $3,200,000 $375,000 -88.3% 0.5%
ACADEMY MORTGAGE CORPORATION $370,000 n/a 0.5%
NEWREZ LLC $35,000 $345,000 885.7% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $740,000 $325,000 -56.1% 0.4%
21ST MORTGAGE CORPORATION $395,000 $320,000 -19.0% 0.4%
BancorpSouth $315,000 n/a 0.4%
Carrington Mortgage Services, LLC $75,000 $300,000 300.0% 0.4%
Discover Bank $395,000 $280,000 -29.1% 0.4%
AMCAP MORTGAGE, LTD. $230,000 $275,000 19.6% 0.4%
Flagstar Bank, FSB $260,000 $275,000 5.8% 0.4%
The Bennington State Bank $265,000 n/a 0.3%
First Fidelity Bank $260,000 n/a 0.3%
Stride Bank $245,000 $255,000 4.1% 0.3%
The Union State Bank $425,000 $215,000 -49.4% 0.3%
Waterstone Mortgage Corporation $215,000 n/a 0.3%
Simmons Bank $385,000 $210,000 -45.5% 0.3%
MidFirst Bank $205,000 n/a 0.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $195,000 n/a 0.3%
Neighborhood Loans, Inc. $185,000 n/a 0.2%
Arvest Bank $610,000 $170,000 -72.1% 0.2%
AXIA FINANCIAL, LLC $165,000 n/a 0.2%
FIRST AMERICAN MORTGAGE, INC. $165,000 n/a 0.2%
Tinker Federal Credit Union $35,000 $160,000 357.1% 0.2%
AMERICAN EXCHANGE BANK $155,000 n/a 0.2%
AmeriHome Mortgage Company, LLC $155,000 n/a 0.2%
POLARIS HOME FUNDING CORP. $155,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $220,000 $145,000 -34.1% 0.2%
ROYAL UNITED MORTGAGE LLC $105,000 $140,000 33.3% 0.2%
BROKER SOLUTIONS, INC. $270,000 $135,000 -50.0% 0.2%
Morgan Stanley Private Bank $125,000 $135,000 8.0% 0.2%
The City National Bank and Trust Company of Lawton $35,000 $135,000 285.7% 0.2%
TruHome Solutions, LLC $195,000 $135,000 -30.8% 0.2%
Colonial Savings, F.A. $65,000 $125,000 92.3% 0.2%
COUNTRYPLACE MORTGAGE, LTD. $125,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $115,000 $125,000 8.7% 0.2%
Town Square Mortgage & Investments, Inc. $125,000 n/a 0.2%
AMWEST FUNDING CORP. $115,000 n/a 0.2%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $230,000 $115,000 -50.0% 0.2%
U.S. Bank $515,000 $110,000 -78.6% 0.1%
Mr. Cooper ( Nationstar Mortgage ) $855,000 $105,000 -87.7% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $105,000 n/a 0.1%
Chickasaw Community Bank $165,000 $95,000 -42.4% 0.1%
Coastal Community Bank $95,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $1,030,000 $95,000 -90.8% 0.1%
BOKF $325,000 $90,000 -72.3% 0.1%
KANZA Bank $85,000 n/a 0.1%
Truist $85,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $85,000 n/a 0.1%
CMG MORTGAGE, INC. $290,000 $75,000 -74.1% 0.1%
CSL Financial, LLC $175,000 $75,000 -57.1% 0.1%
New Century Bank $75,000 n/a 0.1%
CARDINAL FINANCIAL $65,000 n/a 0.1%
F&A Federal Credit Union $65,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $65,000 n/a 0.1%
American Mortgage & Equity Consultants, Inc. $55,000 n/a 0.1%
BMO Harris Bank $55,000 n/a 0.1%
Prosperity Bank $55,000 n/a 0.1%
OKLAHOMA'S $35,000 n/a 0.0%
Citizens Bank $25,000 n/a 0.0%
COMMUNICATION $150,000 $25,000 -83.3% 0.0%
Wichita Federal Credit Union $15,000 n/a 0.0%

Ponca City's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 17.0% market share. In second place, with 11.3%, is RCB Bank, having originated $8,660,000 in loans. In third place, with 7.0%, is First National Bank Of Oklahoma, having originated $5,365,000 in loans. In fourth place, with 6.8%, is Community National Bank & Trust, having originated $5,200,000 in loans. In fifth place, with 6.7%, is Equity Bank, having originated $5,140,000 in loans.


Ponca City Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Ponca City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $114,875 (18.1%) $146,109 (9.3%) 0.00 190
2018-02-01 $119,900 (18.5%) $146,791 (10.0%) 0.00 180
2018-03-01 $119,700 (18.6%) $145,416 (5.7%) 0.00 181
2018-04-01 $118,500 (8.2%) $144,335 (1.6%) 0.00 182
2018-05-01 $119,500 (3.1%) $145,345 (1.7%) 0.00 198
2018-06-01 $120,000 (8.9%) $149,818 (7.8%) 0.00 196
2018-07-01 $127,450 (19.7%) $156,989 (14.4%) 0.00 210
2018-08-01 $122,500 (14.3%) $149,385 (1.9%) 0.00 214
2018-09-01 $119,000 (11.0%) $140,607 (-4.5%) 0.00 210
2018-10-01 $116,100 (5.8%) $135,618 (-9.4%) 0.00 220
2018-11-01 $111,625 (-8.2%) $130,686 (-14.7%) 0.00 222
2018-12-01 $109,900 (-7.7%) $129,898 (-12.6%) 0.00 207
2019-01-01 $105,425 (-8.2%) $122,976 (-15.8%) 0.00 199
2019-02-01 $109,175 (-8.9%) $126,990 (-13.5%) 0.00 189
2019-03-01 $109,000 (-8.9%) $128,819 (-11.4%) 0.00 181
2019-04-01 $109,875 (-7.3%) $131,869 (-8.6%) 0.00 175
2019-05-01 $108,425 (-9.3%) $134,914 (-7.2%) 0.00 176
2019-06-01 $115,900 (-3.4%) $139,676 (-6.8%) 0.00 174
2019-07-01 $119,675 (-6.1%) $145,288 (-7.5%) 0.00 183
2019-08-01 $116,791 (-4.7%) $141,752 (-5.1%) 0.00 192
2019-09-01 $112,127 (-5.8%) $136,802 (-2.7%) 0.00 195
2019-10-01 $112,268 (-3.3%) $133,955 (-1.2%) 0.00 196
2019-11-01 $113,000 (1.2%) $132,043 (1.0%) 0.00 199
2019-12-01 $110,000 (0.1%) $130,601 (0.5%) 0.00 191
2020-01-01 $109,500 (3.9%) $129,686 (5.5%) 0.00 194
2020-02-01 $108,500 (-0.6%) $128,718 (1.4%) 0.00 190
2020-03-01 $106,000 (-2.8%) $135,497 (5.2%) 0.00 182
2020-04-01 $104,450 (-4.9%) $148,551 (12.7%) 0.00 166
2020-05-01 $115,000 (6.1%) $153,447 (13.7%) 0.00 128
2020-06-01 $124,950 (7.8%) $168,079 (20.3%) 0.00 125
2020-07-01 $124,950 (4.4%) $168,137 (15.7%) 0.00 123
2020-08-01 $113,000 (-3.3%) $166,675 (17.6%) 0.00 111
2020-09-01 $99,450 (-11.3%) $174,748 (27.7%) 0.00 102
2020-10-01 $119,450 (6.4%) $184,036 (37.4%) 0.00 96
2020-11-01 $116,000 (2.7%) $180,188 (36.5%) 0.00 102
2020-12-01 $107,036 (-2.7%) $177,119 (35.6%) 0.00 89
2021-01-01 $97,400 (-11.1%) $160,339 (23.6%) 0.00 80
2021-02-01 $98,675 (-9.1%) $164,748 (28.0%) 0.00 76
2021-03-01 $92,400 (-12.8%) $180,215 (33.0%) 0.00 73
2021-04-01 $102,475 (-1.9%) $156,252 (5.2%) 0.00 71
2021-05-01 $124,000 (7.8%) $161,730 (5.4%) 0.00 58
2021-06-01 $81,250 (-35.0%) $122,226 (-27.3%) 0.00 54
2021-07-01 $90,000 (-28.0%) $123,592 (-26.5%) 0.00 70
2021-08-01 $123,075 (8.9%) $194,594 (16.8%) 0.00 76
2021-09-01 $125,600 (26.3%) $199,129 (14.0%) 0.00 85
2021-10-01 $127,200 (6.5%) $185,718 (0.9%) 0.00 91
2021-11-01 $124,950 (7.7%) $181,332 (0.6%) 0.00 106
2021-12-01 $122,500 (14.5%) $185,191 (4.6%) 0.00 99
2022-01-01 $140,000 (43.7%) $198,100 (23.6%) 0.00 84
2022-02-01 $132,000 (33.8%) $202,362 (22.8%) 0.00 62
2022-03-01 $140,975 (52.6%) $204,548 (13.5%) 0.00 56
2022-04-01 $155,000 (51.3%) $206,304 (32.0%) 0.00 50
2022-05-01 $151,250 (22.0%) $193,677 (19.8%) 0.00 59
2022-06-01 $141,950 (74.7%) $187,640 (53.5%) 0.00 76
2022-07-01 $149,900 (66.6%) $172,972 (40.0%) 0.00 82
2022-08-01 $126,250 (2.6%) $168,724 (-13.3%) 0.00 96
2022-09-01 $157,475 (25.4%) $176,145 (-11.5%) 0.00 95
2022-10-01 $177,250 (39.4%) $181,576 (-2.2%) 0.00 97
2022-11-01 $195,500 (56.5%) $197,745 (9.1%) 0.00 87
2022-12-01 $189,900 (55.0%) $202,547 (9.4%) 0.00 84
2023-01-01 $191,950 (37.1%) $209,810 (5.9%) 0.00 82
2023-02-01 $192,200 (45.6%) $218,818 (8.1%) 0.00 80
2023-03-01 $185,725 (31.7%) $204,133 (-0.2%) 0.00 78
2023-04-01 $188,000 (21.3%) $225,165 (9.1%) 0.00 70
2023-05-01 $181,950 (20.3%) $210,777 (8.8%) 0.00 82
2023-06-01 $177,400 (25.0%) $214,385 (14.3%) 0.00 85
2023-07-01 $160,000 (6.7%) $211,857 (22.5%) 0.00 92
2023-08-01 $147,500 (16.8%) $201,144 (19.2%) 0.00 106
2023-09-01 $139,950 (-11.1%) $189,326 (7.5%) 0.00 109
2023-10-01 $138,700 (-21.8%) $194,110 (6.9%) 0.00 123
2023-11-01 $141,875 (-27.4%) $191,833 (-3.0%) 0.00 137
2023-12-01 $146,750 (-22.7%) $189,122 (-6.6%) 0.00 144
2024-01-01 $149,500 (-22.1%) $206,572 (-1.5%) 0.00 120
2024-02-01 $156,200 (-18.7%) $210,853 (-3.6%) 0.00 100
2024-03-01 $164,000 (-11.7%) $211,101 (3.4%) 0.00 108
2024-04-01 $166,750 (-11.3%) $198,955 (-11.6%) 0.00 103
2024-05-01 $159,000 (-12.6%) $207,168 (-1.7%) 0.00 104
Ponca City's median listing price for 2024-05-01 was $159,000, a difference of $-22,950 (-12.6%) versus the prior year and $-7,750 versus the prior month.

Ponca City's median listing price comes in at 0% of the national average.

Ponca City's average listing price for 2024-05-01 was $207,168, a difference of $-3,609 (-1.7%) versus the prior year and $8,213 versus the prior month.

For the 2024-05-01 period, Ponca City had 104 MLS listings, a difference of 1 listings (1%) versus the prior month and 22 listings (27%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Ponca City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,689 sqft
2018-02-01 0 days 1,686 sqft
2018-03-01 0 days 1,695 sqft
2018-04-01 0 days 1,677 sqft
2018-05-01 0 days 1,693 sqft
2018-06-01 0 days 1,730 sqft
2018-07-01 0 days 1,795 sqft
2018-08-01 0 days 1,763 sqft
2018-09-01 0 days 1,720 sqft
2018-10-01 0 days 1,651 sqft
2018-11-01 0 days 1,602 sqft
2018-12-01 0 days 1,582 sqft
2019-01-01 0 days 1,577 sqft
2019-02-01 0 days 1,600 sqft
2019-03-01 0 days 1,612 sqft
2019-04-01 0 days 1,623 sqft
2019-05-01 0 days 1,669 sqft
2019-06-01 0 days 1,736 sqft
2019-07-01 0 days 1,744 sqft
2019-08-01 0 days 1,749 sqft
2019-09-01 0 days 1,750 sqft
2019-10-01 0 days 1,750 sqft
2019-11-01 0 days 1,752 sqft
2019-12-01 0 days 1,695 sqft
2020-01-01 0 days 1,649 sqft
2020-02-01 0 days 1,601 sqft
2020-03-01 0 days 1,627 sqft
2020-04-01 0 days 1,616 sqft
2020-05-01 0 days 1,654 sqft
2020-06-01 0 days 1,755 sqft
2020-07-01 0 days 1,683 sqft
2020-08-01 0 days 1,665 sqft
2020-09-01 0 days 1,616 sqft
2020-10-01 0 days 1,641 sqft
2020-11-01 0 days 1,583 sqft
2020-12-01 0 days 1,618 sqft
2021-01-01 0 days 1,557 sqft
2021-02-01 0 days 1,595 sqft
2021-03-01 0 days 1,680 sqft
2021-04-01 0 days 1,729 sqft
2021-05-01 0 days 1,819 sqft
2021-06-01 0 days 1,411 sqft
2021-07-01 0 days 1,411 sqft
2021-08-01 0 days 1,624 sqft
2021-09-01 0 days 1,585 sqft
2021-10-01 0 days 1,638 sqft
2021-11-01 0 days 1,625 sqft
2021-12-01 0 days 1,603 sqft
2022-01-01 0 days 1,629 sqft
2022-02-01 0 days 1,591 sqft
2022-03-01 0 days 1,600 sqft
2022-04-01 0 days 1,583 sqft
2022-05-01 0 days 1,571 sqft
2022-06-01 0 days 1,626 sqft
2022-07-01 0 days 1,652 sqft
2022-08-01 0 days 1,517 sqft
2022-09-01 0 days 1,592 sqft
2022-10-01 0 days 1,743 sqft
2022-11-01 0 days 1,878 sqft
2022-12-01 0 days 1,871 sqft
2023-01-01 0 days 1,944 sqft
2023-02-01 0 days 1,943 sqft
2023-03-01 0 days 1,833 sqft
2023-04-01 0 days 1,833 sqft
2023-05-01 0 days 1,789 sqft
2023-06-01 0 days 1,778 sqft
2023-07-01 0 days 1,744 sqft
2023-08-01 0 days 1,751 sqft
2023-09-01 0 days 1,746 sqft
2023-10-01 0 days 1,603 sqft
2023-11-01 0 days 1,552 sqft
2023-12-01 0 days 1,575 sqft
2024-01-01 0 days 1,678 sqft
2024-02-01 0 days 1,739 sqft
2024-03-01 0 days 1,732 sqft
2024-04-01 0 days 1,696 sqft
2024-05-01 0 days 1,663 sqft
Ponca City's median listing age (time on market) for 2024-05-01 was 0 days.

Ponca City's median square footage for active listings during the 2024-05-01 period was 1,663 sqft. One year prior, the average listing was 1,789 sqft.

Ponca City, OK Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 400 $55,690,000 $139,225
Refi 89 $8,365,000 $93,989
Home Improvement 59 $3,795,000 $64,322
Cash Out Refi 52 $6,550,000 $125,962
Other 40 $2,120,000 $53,000

Ponca City's most frequently cited loan purpose was Home Purchase, with 400 originations. The 2nd most popular reason was Refi, with 89 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 203 $29,525,000 $145,443
7-8% 137 $15,405,000 $112,445
Over 8% 125 $9,565,000 $76,520
5-6% 73 $12,085,000 $165,548
<2.5% 20 $1,180,000 $59,000
4-5% 9 $1,355,000 $150,556

During 2023, Ponca City's most frequently originated rate bucket was 6-7%, with 203 originations.

Loan Sizing (Ponca City, OK MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 336 $18,760,000 $55,833
$100k-200k 216 $30,920,000 $143,148
$200k-400k 77 $20,935,000 $271,883
$400k-600k 8 $3,620,000 $452,500
$600k-1000k 3 $2,285,000 $761,667

Ponca City's loan sizing saw the bucket of loans from $100,000 or less with 336 originations, totaling $18,760,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 269 $38,635,000 $143,625
60-80% 146 $20,320,000 $139,178
20-40% 50 $2,560,000 $51,200
40-60% 50 $4,030,000 $80,600
Under 20% 41 $1,595,000 $38,902
Over 100% 9 $1,895,000 $210,556

Ponca City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 269 originations, totaling $38,635,000 in origination value.