Shawnee Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Shawnee averaged
6.85%
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
6.88% and
one month ago for the week of 2025-05-15, the
average rate was 7.25%.
Shawnee's average rate one year ago was 7.19%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.91%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Shawnee 30 Year Fixed Rate | 2025-06-18 | 6.85% |
| Shawnee 30 Year Fixed Rate Refi | 2025-06-18 | 6.91% |
| Shawnee 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Shawnee 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Shawnee 30 Year FHA | 2025-06-18 | 0% |
| Shawnee 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Shawnee 30 Year USDA | 2025-06-18 | 0.2% |
| Shawnee 30 Year USDA Refi | 2025-06-18 | -0.2% |
| Shawnee 30 Year VA | 2025-06-18 | 0.48% |
| Shawnee 30 Year VA Refi | 2025-06-18 | -0.1% |
Shawnee 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 Shawnee, 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.).
Shawnee Average Closing Costs & Other Stats
Shawnee, OK's 74 lenders originated 1,451
loans during 2024. The total origination value was $253,205,000, with an average loan value of
$174,504.
Shawnee's average closing costs are $5,284.
The top Shawnee lender as defined by loan originations is First United Bank and Trust Company, with
78 loans originated. Their average total fees are
$4,505, which is $94
higher than the next largest lender,
Stride Bank.
The lowest fee Shawnee lenders (with over 10 loans originated) are
Arvest Bank ($4,202), Tinker Federal Credit Union ($4,304), Stride Bank ($4,410), BancFirst ($4,479) and First United Bank and Trust Company ($4,505).
The lowest rate Shawnee lenders (with over 10 loans originated) are
First National Bank and Trust Company (6.80%), Arvest Bank (6.83%), BancFirst (6.86%), Stride Bank (6.89%) and QUICKEN LOANS, LLC (6.94%).
Shawnee, 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 | $42,675,000 | $45,655,000 | 7.0% | 18.0% |
| BancFirst | $20,880,000 | $23,915,000 | 14.5% | 9.4% |
| Mortgage Research Center, LLC | $8,070,000 | $13,490,000 | 67.2% | 5.3% |
| QUICKEN LOANS, LLC | $7,240,000 | $10,060,000 | 39.0% | 4.0% |
| Arvest Bank | $7,890,000 | $9,625,000 | 22.0% | 3.8% |
| Stride Bank | $10,780,000 | $9,095,000 | -15.6% | 3.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $5,020,000 | $9,040,000 | 80.1% | 3.6% |
| First National Bank and Trust Company | $5,660,000 | $6,205,000 | 9.6% | 2.5% |
| PENNYMAC LOAN SERVICES, LLC | $1,970,000 | $5,500,000 | 179.2% | 2.2% |
| Vision Bank | $6,810,000 | $5,240,000 | -23.1% | 2.1% |
| Tinker Federal Credit Union | $4,375,000 | $4,845,000 | 10.7% | 1.9% |
| FREEDOM MORTGAGE CORPORATION | $835,000 | $4,360,000 | 422.2% | 1.7% |
| 21ST MORTGAGE CORPORATION | $2,915,000 | $4,225,000 | 44.9% | 1.7% |
| Gateway First Bank | $4,880,000 | $3,765,000 | -22.8% | 1.5% |
| Great Plains National Bank | $2,285,000 | $2,915,000 | 27.6% | 1.2% |
| CORNERSTONE HOME LENDING, INC. | $4,700,000 | $2,555,000 | -45.6% | 1.0% |
| First National Bank Of Oklahoma | $2,200,000 | n/a | 0.9% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,690,000 | $2,195,000 | 29.9% | 0.9% |
| BOKF | $1,220,000 | $2,175,000 | 78.3% | 0.9% |
| TIB The Independent Bankersbank | $2,065,000 | n/a | 0.8% | |
| SOUTHWEST STAGE FUNDING, LLC | $1,710,000 | $2,010,000 | 17.5% | 0.8% |
| ASSOCIATED MORTGAGE CORPORATION | $2,405,000 | $2,000,000 | -16.8% | 0.8% |
| NEW FED MORTGAGE, CORP. | $680,000 | $1,900,000 | 179.4% | 0.8% |
| American Mortgage & Equity Consultants, Inc. | $1,800,000 | n/a | 0.7% | |
| MLD MORTGAGE INC. | $600,000 | $1,790,000 | 198.3% | 0.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,055,000 | $1,790,000 | 69.7% | 0.7% |
| TRIAD FINANCIAL SERVICES, INC. | $1,425,000 | $1,755,000 | 23.2% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $1,970,000 | $1,630,000 | -17.3% | 0.6% |
| UNION HOME MORTGAGE CORP. | $625,000 | $1,620,000 | 159.2% | 0.6% |
| BROKER SOLUTIONS, INC. | $1,215,000 | $1,555,000 | 28.0% | 0.6% |
| SOUTHWEST FUNDING, LP | $1,530,000 | n/a | 0.6% | |
| Mr. Cooper ( Nationstar Mortgage ) | $2,150,000 | $1,435,000 | -33.3% | 0.6% |
| American Mortgage Bank, LLC | $225,000 | $1,410,000 | 526.7% | 0.6% |
| VILLAGE CAPITAL MORTGAGE | $215,000 | $1,400,000 | 551.2% | 0.6% |
| The Central Trust Bank | $725,000 | $1,375,000 | 89.7% | 0.5% |
| NEWREZ LLC | $1,280,000 | $1,345,000 | 5.1% | 0.5% |
| MOVEMENT MORTGAGE, LLC | $1,300,000 | n/a | 0.5% | |
| LOANDEPOT.COM, LLC | $1,610,000 | $1,150,000 | -28.6% | 0.5% |
| F & M Bank | $755,000 | $1,095,000 | 45.0% | 0.4% |
| GUARANTEED RATE, INC. | $215,000 | $1,025,000 | 376.7% | 0.4% |
| FIRST AMERICAN MORTGAGE, INC. | $235,000 | $1,010,000 | 329.8% | 0.4% |
| COMMUNICATION | $2,425,000 | $995,000 | -59.0% | 0.4% |
| Flagstar Bank, FSB | $550,000 | $990,000 | 80.0% | 0.4% |
| FLAT BRANCH MORTGAGE, INC. | $260,000 | $900,000 | 246.2% | 0.4% |
| SWBC MORTGAGE CORPORATION | $930,000 | $900,000 | -3.2% | 0.4% |
| NEW DAY FINANCIAL, LLC | $390,000 | $885,000 | 126.9% | 0.3% |
| MID AMERICA MORTGAGE, INC. | $1,040,000 | $840,000 | -19.2% | 0.3% |
| Equity Prime Mortgage LLC | $575,000 | $830,000 | 44.3% | 0.3% |
| CARDINAL FINANCIAL | $920,000 | $810,000 | -12.0% | 0.3% |
| V.I.P. MORTGAGE, INC. | $765,000 | n/a | 0.3% | |
| CROSSCOUNTRY MORTGAGE, LLC | $595,000 | $760,000 | 27.7% | 0.3% |
| AmeriHome Mortgage Company, LLC | $360,000 | $725,000 | 101.4% | 0.3% |
| First National Bank of Omaha | $715,000 | n/a | 0.3% | |
| USAA Federal Savings Bank | $3,310,000 | $715,000 | -78.4% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $695,000 | n/a | 0.3% | |
| GENEVA FINANCIAL, LLC | $675,000 | n/a | 0.3% | |
| GUILD MORTGAGE COMPANY | $665,000 | $665,000 | 0.0% | 0.3% |
| The Federal Savings Bank | $825,000 | $665,000 | -19.4% | 0.3% |
| MidFirst Bank | $930,000 | $655,000 | -29.6% | 0.3% |
| GARDNER FINANCIAL SERVICES, LTD. | $650,000 | n/a | 0.3% | |
| Bank of America | $140,000 | $645,000 | 360.7% | 0.3% |
| JPMorgan Chase Bank | $45,000 | $645,000 | 1,333.3% | 0.3% |
| Midwest Mortgage Associates Corporation | $585,000 | n/a | 0.2% | |
| COUNTRYPLACE MORTGAGE, LTD. | $935,000 | $560,000 | -40.1% | 0.2% |
| WEOKIE | $715,000 | $560,000 | -21.7% | 0.2% |
| Commerce Bank | $225,000 | $555,000 | 146.7% | 0.2% |
| Carrington Mortgage Services, LLC | $35,000 | $550,000 | 1,471.4% | 0.2% |
| INTERLINC MORTGAGE SERVICES, LLC | $385,000 | $535,000 | 39.0% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $990,000 | $530,000 | -46.5% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $505,000 | n/a | 0.2% | |
| CANOPY MORTGAGE, LLC | $475,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $280,000 | $460,000 | 64.3% | 0.2% |
| First Bank & Trust Co. | $440,000 | n/a | 0.2% | |
| Bank 7 | $435,000 | n/a | 0.2% | |
| ROYAL UNITED MORTGAGE LLC | $160,000 | $435,000 | 171.9% | 0.2% |
| LIMA ONE CAPITAL, LLC | $250,000 | $405,000 | 62.0% | 0.2% |
| Figure Lending LLC | $195,000 | $390,000 | 100.0% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $230,000 | $380,000 | 65.2% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $380,000 | n/a | 0.2% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $305,000 | $380,000 | 24.6% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $375,000 | n/a | 0.1% | |
| Goldwater Bank, N.A. | $375,000 | n/a | 0.1% | |
| AMWEST FUNDING CORP. | $145,000 | $360,000 | 148.3% | 0.1% |
| FNB Community Bank | $235,000 | $360,000 | 53.2% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $355,000 | n/a | 0.1% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $240,000 | $340,000 | 41.7% | 0.1% |
| Sooner State Bank | $350,000 | $335,000 | -4.3% | 0.1% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $315,000 | n/a | 0.1% | |
| Chickasaw Community Bank | $1,245,000 | $310,000 | -75.1% | 0.1% |
| ZILLOW HOME LOANS, LLC | $305,000 | n/a | 0.1% | |
| Frontier State Bank | $300,000 | n/a | 0.1% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $300,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $460,000 | $285,000 | -38.0% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $280,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $280,000 | n/a | 0.1% | |
| Plains Commerce Bank | $250,000 | $275,000 | 10.0% | 0.1% |
| Wells Fargo Bank | $1,485,000 | $275,000 | -81.5% | 0.1% |
| CSL Financial, LLC | $225,000 | $260,000 | 15.6% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $260,000 | n/a | 0.1% | |
| OKLAHOMA'S | $640,000 | $255,000 | -60.2% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $205,000 | $245,000 | 19.5% | 0.1% |
| ENVOY MORTGAGE, LTD | $245,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $245,000 | n/a | 0.1% | |
| DOMINION FINANCIAL SERVICES, LLC | $240,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $135,000 | $240,000 | 77.8% | 0.1% |
| Credence Funding Corporation | $235,000 | n/a | 0.1% | |
| SeaTrust Mortgage Company | $620,000 | $235,000 | -62.1% | 0.1% |
| The First National Bank of Fort Smith | $235,000 | n/a | 0.1% | |
| Coastal Community Bank | $110,000 | $230,000 | 109.1% | 0.1% |
| GoPrime Mortgage, Inc. | $225,000 | n/a | 0.1% | |
| Southside Bank | $225,000 | n/a | 0.1% | |
| First Security Bank & Trust Company | $65,000 | $220,000 | 238.5% | 0.1% |
| Truity Federal Credit Union | $220,000 | n/a | 0.1% | |
| VALOR BANK | $435,000 | $220,000 | -49.4% | 0.1% |
| Mortgage Investment Services Corporation | $315,000 | $215,000 | -31.7% | 0.1% |
| Legacy Bank | $145,000 | $210,000 | 44.8% | 0.1% |
| 212 LOANS, LLC. | $200,000 | n/a | 0.1% | |
| First Bank & Trust | $195,000 | n/a | 0.1% | |
| MORIA DEVELOPMENT, INC. | $195,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $880,000 | $190,000 | -78.4% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $185,000 | n/a | 0.1% | |
| Citibank | $225,000 | $185,000 | -17.8% | 0.1% |
| Texana Bank | $185,000 | n/a | 0.1% | |
| NBC Oklahoma | $175,000 | n/a | 0.1% | |
| OPEN MORTGAGE, LLC | $220,000 | $175,000 | -20.5% | 0.1% |
| MORTGAGE SOLUTIONS LLC | $155,000 | n/a | 0.1% | |
| Simmons Bank | $325,000 | $155,000 | -52.3% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $145,000 | n/a | 0.1% | |
| M&T Bank | $145,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $445,000 | $145,000 | -67.4% | 0.1% |
| TOWNE MORTGAGE COMPANY | $145,000 | n/a | 0.1% | |
| U.S. Bank | $395,000 | $145,000 | -63.3% | 0.1% |
| CONSTRUCTIVE LOANS, LLC | $130,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $185,000 | $125,000 | -32.4% | 0.0% |
| US MORTGAGE CORPORATION | $125,000 | n/a | 0.0% | |
| Discover Bank | $915,000 | $115,000 | -87.4% | 0.0% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $115,000 | n/a | 0.0% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $115,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $115,000 | n/a | 0.0% | |
| The Loan Store, Inc. | $115,000 | n/a | 0.0% | |
| AMERICAN EXCHANGE BANK | $275,000 | $105,000 | -61.8% | 0.0% |
| BAY EQUITY LLC | $215,000 | $105,000 | -51.2% | 0.0% |
| BMO Harris Bank | $180,000 | $105,000 | -41.7% | 0.0% |
| Merchants Mortgage & Trust Corporation | $95,000 | $105,000 | 10.5% | 0.0% |
| TRUE SKY | $65,000 | $105,000 | 61.5% | 0.0% |
| US Employees O.C. Federal Credit Union | $105,000 | n/a | 0.0% | |
| The Focus Federal Credit Union | $100,000 | n/a | 0.0% | |
| RCB Bank | $85,000 | n/a | 0.0% | |
| UMB Bank | $285,000 | $85,000 | -70.2% | 0.0% |
| ALLEGIANCE | $55,000 | $75,000 | 36.4% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $75,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $75,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $65,000 | n/a | 0.0% | |
| Farm Credit Mid-America, ACA | $520,000 | $45,000 | -91.3% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $185,000 | $45,000 | -75.7% | 0.0% |
| PNC Bank | $435,000 | $45,000 | -89.7% | 0.0% |
| Oklahoma Educators Credit Union | $215,000 | $25,000 | -88.4% | 0.0% |
Shawnee's top lender by overall market share is First United Bank and Trust Company, with 18.0% market share. In second place, with 9.4%, is BancFirst, having originated $23,915,000 in loans. In third place, with 5.3%, is Mortgage Research Center, LLC, having originated $13,490,000 in loans. In fourth place, with 4.0%, is QUICKEN LOANS, LLC, having originated $10,060,000 in loans. In fifth place, with 3.8%, is Arvest Bank, having originated $9,625,000 in loans.
Shawnee, OK Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 890 | $182,720,000 | $205,303 |
| Refi | 174 | $28,550,000 | $164,080 |
| Other | 138 | $10,620,000 | $76,957 |
| Cash Out Refi | 134 | $23,190,000 | $173,060 |
| Home Improvement | 115 | $8,125,000 | $70,652 |
Shawnee's most frequently cited loan purpose was Home Purchase, with 890 originations. The 2nd most popular reason was Refi, with 174 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 477 | $102,735,000 | $215,377 |
| Over 8% | 384 | $38,450,000 | $100,130 |
| 7-8% | 382 | $67,970,000 | $177,932 |
| 5-6% | 137 | $33,795,000 | $246,679 |
| <2.5% | 15 | $625,000 | $41,667 |
| 4-5% | 14 | $3,170,000 | $226,429 |
| 3-4% | 1 | $205,000 | $205,000 |
| 2.5-3% | 1 | $105,000 | $105,000 |
During 2024, Shawnee's most frequently originated rate bucket was 6-7%, with 477 originations.
Loan Sizing (Shawnee, OK MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 526 | $77,350,000 | $147,053 |
| $100,000 or less | 439 | $24,685,000 | $56,230 |
| $200k-400k | 420 | $113,040,000 | $269,143 |
| $400k-600k | 49 | $23,745,000 | $484,592 |
| $600k-1000k | 14 | $10,110,000 | $722,143 |
| $Over $1MM | 3 | $4,275,000 | $1,425,000 |
Shawnee's loan sizing saw the bucket of loans from $100k-200k with 526 originations, totaling $77,350,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 647 | $141,665,000 | $218,957 |
| 60-80% | 299 | $55,965,000 | $187,174 |
| 20-40% | 148 | $12,050,000 | $81,419 |
| Under 20% | 140 | $5,970,000 | $42,643 |
| 40-60% | 114 | $15,940,000 | $139,825 |
| Over 100% | 41 | $9,865,000 | $240,610 |
Shawnee's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 647 originations, totaling $141,665,000 in origination value.