Weatherford Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Weatherford averaged 6.91% for the week of 2025-03-13, compared to the national average of 6.65% for the same period.

    The average rate for the prior week (2025-03-06) was 6.69% and one month ago for the week of 2025-02-06, the average rate was 7.05%.

    Weatherford's average rate one year ago was 7.04%.

    For refis of the same type during the week of 2025-03-13, the average rate was 7.05%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-03-13 6.65%
    Weatherford 30 Year Fixed Rate 2025-03-13 6.91%
    Weatherford 30 Year Fixed Rate Refi 2025-03-13 7.05%
    Weatherford 15 Year Fixed Rate 2025-03-13 5.6%
    Weatherford 15 Year Fixed Rate Refi 2025-03-13 6%
    Weatherford 30 Year FHA 2025-03-13 6.45%
    Weatherford 30 Year FHA Refi 2025-03-13 6.35%
    Weatherford 30 Year USDA 2025-03-13 6.2%
    Weatherford 30 Year USDA Refi 2025-03-13 6.5%
    Weatherford 30 Year VA 2025-03-13 6.07%
    Weatherford 30 Year VA Refi 2025-03-13 6.07%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Weatherford, OK.

    Weatherford 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 Weatherford, 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
    BancFirst 10 6.80% $4,471
    INTERLINC MORTGAGE SERVICES, LLC 9 6.72% $4,844
    QUICKEN LOANS, LLC 9 7.01% $5,895
    GUARANTEED RATE, INC. 8 6.75% $4,634
    InterBank 8 7.63% $2,739
    CWM PARTNERS, L.P. 4 6.28% $3,530
    JPMorgan Chase Bank 3 6.79% $3,102
    SUN WEST MORTGAGE COMPANY, INC. 3 7.75% $6,193
    FIRST AMERICAN MORTGAGE, INC. 2 7.18% $3,520
    Great Plains National Bank 1 6.00% $8,858
    International Bank of Commerce 1 6.25% $3,874
    MidFirst Bank 1 5.65% $3,560
    OKLAHOMA'S 1 6.25% $817
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.63% $6,371
    Truity Federal Credit Union 1 7.13% $2,311
    UNITED WHOLESALE MORTGAGE, LLC 1 7.00% $7,558
    VALOR BANK 1 7.50% $5,123
    AMERICAN FINANCING CORPORATION 1 6.38% $3,692
    WEOKIE 1 5.13% $4,937
    AMERISAVE MORTGAGE CORPORATION 1 5.38% $12,862
    ASSOCIATED MORTGAGE CORPORATION 1 6.88% $3,791
    Bank of England 1 6.75% $7,094
    BROKER SOLUTIONS, INC. 1 7.75% $6,438
    CORNERSTONE HOME LENDING, INC. 1 7.13% $3,501
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.63% $4,010
    First United Bank and Trust Company 1 6.88% $4,211
    Flagstar Bank, FSB 1 7.13% $4,635

    Weatherford Average Closing Costs & Other Stats

    Weatherford, OK's 27 lenders originated 277 loans during 2023. The total origination value was $50,455,000, with an average loan value of $182,148.

    Weatherford's average closing costs are $4,831.

    The top Weatherford lender as defined by loan originations is BancFirst, with 10 loans originated. Their average total fees are $4,471, which is $373 lower than the next largest lender, INTERLINC MORTGAGE SERVICES, LLC.

    The lowest fee Weatherford lenders (with over 10 loans originated) are BancFirst ($4,471), .

    The lowest rate Weatherford lenders (with over 10 loans originated) are BancFirst (6.80%), .

    Weatherford, 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
    BancFirst $8,160,000 $5,685,000 -30.3% 11.3%
    QUICKEN LOANS, LLC $7,805,000 $5,550,000 -28.9% 11.0%
    INTERLINC MORTGAGE SERVICES, LLC $5,060,000 $4,985,000 -1.5% 9.9%
    GUARANTEED RATE, INC. $7,700,000 $3,525,000 -54.2% 7.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $75,000 $3,345,000 4,360.0% 6.6%
    Great Plains National Bank $2,080,000 $3,155,000 51.7% 6.3%
    Mortgage Research Center, LLC $1,670,000 $2,510,000 50.3% 5.0%
    InterBank $1,965,000 $1,525,000 -22.4% 3.0%
    FINANCIAL CONCEPTS MORTGAGE, LLC $525,000 $1,420,000 170.5% 2.8%
    UNITED WHOLESALE MORTGAGE, LLC $435,000 $1,160,000 166.7% 2.3%
    CWM PARTNERS, L.P. $1,755,000 $1,155,000 -34.2% 2.3%
    FIRST AMERICAN MORTGAGE, INC. $1,055,000 $1,025,000 -2.8% 2.0%
    VALOR BANK $340,000 $950,000 179.4% 1.9%
    SUN WEST MORTGAGE COMPANY, INC. $230,000 $780,000 239.1% 1.5%
    GUILD MORTGAGE COMPANY $570,000 $755,000 32.5% 1.5%
    Legacy Bank $1,175,000 $640,000 -45.5% 1.3%
    MidFirst Bank $485,000 $600,000 23.7% 1.2%
    AMERISAVE MORTGAGE CORPORATION $480,000 $540,000 12.5% 1.1%
    USAA Federal Savings Bank $510,000 $480,000 -5.9% 1.0%
    JPMorgan Chase Bank $210,000 $470,000 123.8% 0.9%
    NAVY FEDERAL CREDIT UNION $55,000 $465,000 745.5% 0.9%
    BROKER SOLUTIONS, INC. $445,000 n/a 0.9%
    First National Bank in Port Lavaca $425,000 n/a 0.8%
    United Fidelity Funding Corp. $420,000 n/a 0.8%
    First United Bank and Trust Company $970,000 $410,000 -57.7% 0.8%
    WEOKIE $315,000 $405,000 28.6% 0.8%
    FREEDOM MORTGAGE CORPORATION $330,000 $375,000 13.6% 0.7%
    ASSOCIATED MORTGAGE CORPORATION $350,000 n/a 0.7%
    SUCCESS MORTGAGE PARTNERS, INC. $350,000 n/a 0.7%
    FLAT BRANCH MORTGAGE, INC. $320,000 n/a 0.6%
    Ameris Bank $315,000 n/a 0.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $300,000 n/a 0.6%
    PLAZA HOME MORTGAGE, INC. $385,000 $295,000 -23.4% 0.6%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $215,000 $265,000 23.3% 0.5%
    MID AMERICA MORTGAGE, INC. $970,000 $255,000 -73.7% 0.5%
    Bank 7 $245,000 n/a 0.5%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $235,000 n/a 0.5%
    International Bank of Commerce $225,000 n/a 0.4%
    21ST MORTGAGE CORPORATION $305,000 $215,000 -29.5% 0.4%
    Nations Lending Corporation $85,000 $215,000 152.9% 0.4%
    NFM, INC. $215,000 n/a 0.4%
    JMJ FINANCIAL GROUP $205,000 n/a 0.4%
    Wells Fargo Bank $705,000 $205,000 -70.9% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $175,000 $180,000 2.9% 0.4%
    Tinker Federal Credit Union $25,000 $180,000 620.0% 0.4%
    MLD MORTGAGE INC. $155,000 n/a 0.3%
    NEWREZ LLC $985,000 $155,000 -84.3% 0.3%
    SENTE MORTGAGE, INC. $155,000 n/a 0.3%
    Bank of England $145,000 n/a 0.3%
    CORNERSTONE HOME LENDING, INC. $910,000 $135,000 -85.2% 0.3%
    OKLAHOMA'S $135,000 n/a 0.3%
    PENTAGON FEDERAL CREDIT UNION $135,000 n/a 0.3%
    Flagstar Bank, FSB $230,000 $125,000 -45.7% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $1,120,000 $125,000 -88.8% 0.2%
    Equity Bank $35,000 $115,000 228.6% 0.2%
    PENNYMAC LOAN SERVICES, LLC $345,000 $115,000 -66.7% 0.2%
    AMERICAN FINANCING CORPORATION $770,000 $105,000 -86.4% 0.2%
    LOANDEPOT.COM, LLC $125,000 $105,000 -16.0% 0.2%
    COMMUNICATION $25,000 $100,000 300.0% 0.2%
    Gateway First Bank $870,000 $100,000 -88.5% 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $95,000 n/a 0.2%
    Deere Employees Credit Union $625,000 $95,000 -84.8% 0.2%
    Oklahoma Educators Credit Union $95,000 n/a 0.2%
    American Mortgage Bank, LLC $75,000 n/a 0.1%
    Arvest Bank $455,000 $75,000 -83.5% 0.1%
    LENDINGHOME FUNDING CORPORATION $75,000 n/a 0.1%
    Stride Bank $275,000 $75,000 -72.7% 0.1%
    Figure Lending LLC $60,000 n/a 0.1%
    Truity Federal Credit Union $45,000 n/a 0.1%
    Coastal Community Bank $25,000 n/a 0.0%
    PNC Bank $115,000 $25,000 -78.3% 0.0%
    U.S. Bank $530,000 $25,000 -95.3% 0.0%
    Citizens Bank $15,000 n/a 0.0%

    Weatherford's top lender by overall market share is BancFirst, with 11.3% market share. In second place, with 11.0%, is QUICKEN LOANS, LLC, having originated $5,550,000 in loans. In third place, with 9.9%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $4,985,000 in loans. In fourth place, with 7.0%, is GUARANTEED RATE, INC., having originated $3,525,000 in loans. In fifth place, with 6.6%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $3,345,000 in loans.

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

    Realtor.com - Weatherford (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 $129,600 (9.4%) $178,263 (4.2%) 0.00 170
    2018-02-01 $128,560 (12.4%) $177,340 (4.6%) 0.00 163
    2018-03-01 $129,700 (6.1%) $168,114 (-0.7%) 0.00 165
    2018-04-01 $137,940 (8.4%) $178,647 (5.0%) 0.00 174
    2018-05-01 $137,765 (7.4%) $176,842 (0.5%) 0.00 174
    2018-06-01 $129,900 (0.8%) $159,029 (-16.4%) 0.00 184
    2018-07-01 $126,155 (-3.0%) $157,564 (-17.8%) 0.00 185
    2018-08-01 $124,900 (-3.2%) $153,316 (-21.3%) 0.00 183
    2018-09-01 $127,560 (-5.1%) $151,936 (-23.0%) 0.00 172
    2018-10-01 $128,075 (-0.6%) $157,776 (-18.2%) 0.00 164
    2018-11-01 $124,750 (4.8%) $159,777 (-11.2%) 0.00 159
    2018-12-01 $128,900 (-0.8%) $162,530 (-9.4%) 0.00 150
    2019-01-01 $125,600 (-3.1%) $153,913 (-13.7%) 0.00 161
    2019-02-01 $120,000 (-6.7%) $146,718 (-17.3%) 0.00 157
    2019-03-01 $121,286 (-6.5%) $153,338 (-8.8%) 0.00 156
    2019-04-01 $124,000 (-10.1%) $157,413 (-11.9%) 0.00 160
    2019-05-01 $129,500 (-6.0%) $162,818 (-7.9%) 0.00 167
    2019-06-01 $130,500 (0.5%) $167,340 (5.2%) 0.00 171
    2019-07-01 $129,950 (3.0%) $167,118 (6.1%) 0.00 163
    2019-08-01 $132,518 (6.1%) $168,716 (10.0%) 0.00 166
    2019-09-01 $136,445 (7.0%) $171,069 (12.6%) 0.00 172
    2019-10-01 $138,689 (8.3%) $172,868 (9.6%) 0.00 176
    2019-11-01 $139,500 (11.8%) $172,845 (8.2%) 0.00 174
    2019-12-01 $136,125 (5.6%) $174,812 (7.6%) 0.00 170
    2020-01-01 $136,000 (8.3%) $170,151 (10.6%) 0.00 177
    2020-02-01 $135,000 (12.5%) $168,223 (14.7%) 0.00 165
    2020-03-01 $137,900 (13.7%) $174,187 (13.6%) 0.00 170
    2020-04-01 $139,225 (12.3%) $188,807 (19.9%) 0.00 174
    2020-05-01 $139,900 (8.0%) $185,403 (13.9%) 0.00 169
    2020-06-01 $138,400 (6.1%) $187,280 (11.9%) 0.00 165
    2020-07-01 $152,125 (17.1%) $190,820 (14.2%) 0.00 158
    2020-08-01 $169,900 (28.2%) $198,598 (17.7%) 0.00 155
    2020-09-01 $172,675 (26.6%) $203,455 (18.9%) 0.00 151
    2020-10-01 $157,000 (13.2%) $203,089 (17.5%) 0.00 160
    2020-11-01 $151,950 (8.9%) $200,346 (15.9%) 0.00 151
    2020-12-01 $158,125 (16.2%) $201,217 (15.1%) 0.00 142
    2021-01-01 $155,200 (14.1%) $197,820 (16.3%) 0.00 138
    2021-02-01 $149,950 (11.1%) $195,444 (16.2%) 0.00 124
    2021-03-01 $165,600 (20.1%) $211,903 (21.7%) 0.00 122
    2021-04-01 $163,725 (17.6%) $203,738 (7.9%) 0.00 121
    2021-05-01 $169,900 (21.4%) $204,799 (10.5%) 0.00 119
    2021-06-01 $174,250 (25.9%) $213,098 (13.8%) 0.00 114
    2021-07-01 $178,000 (17.0%) $220,327 (15.5%) 0.00 118
    2021-08-01 $177,250 (4.3%) $219,870 (10.7%) 0.00 110
    2021-09-01 $169,500 (-1.8%) $208,164 (2.3%) 0.00 108
    2021-10-01 $174,900 (11.4%) $215,871 (6.3%) 0.00 112
    2021-11-01 $176,575 (16.2%) $244,953 (22.3%) 0.00 114
    2021-12-01 $168,225 (6.4%) $233,363 (16.0%) 0.00 98
    2022-01-01 $152,400 (-1.8%) $220,719 (11.6%) 0.00 91
    2022-02-01 $154,200 (2.8%) $214,190 (9.6%) 0.00 90
    2022-03-01 $149,750 (-9.6%) $215,331 (1.6%) 0.00 83
    2022-04-01 $145,000 (-11.4%) $193,452 (-5.1%) 0.00 97
    2022-05-01 $152,450 (-10.3%) $204,626 (-0.1%) 0.00 91
    2022-06-01 $156,500 (-10.2%) $218,327 (2.5%) 0.00 93
    2022-07-01 $167,000 (-6.2%) $210,339 (-4.5%) 0.00 99
    2022-08-01 $177,250 (0.0%) $221,349 (0.7%) 0.00 106
    2022-09-01 $174,250 (2.8%) $230,292 (10.6%) 0.00 111
    2022-10-01 $170,000 (-2.8%) $254,387 (17.8%) 0.00 112
    2022-11-01 $154,000 (-12.8%) $242,984 (-0.8%) 0.00 121
    2022-12-01 $170,000 (1.1%) $227,508 (-2.5%) 0.00 116
    2023-01-01 $159,000 (4.3%) $212,065 (-3.9%) 0.00 110
    2023-02-01 $148,145 (-3.9%) $205,741 (-3.9%) 0.00 110
    2023-03-01 $159,450 (6.5%) $218,044 (1.3%) 0.00 100
    2023-04-01 $159,000 (9.7%) $225,377 (16.5%) 0.00 97
    2023-05-01 $163,750 (7.4%) $231,604 (13.2%) 0.00 102
    2023-06-01 $184,170 (17.7%) $239,844 (9.9%) 0.00 111
    2023-07-01 $179,000 (7.2%) $231,656 (10.1%) 0.00 112
    2023-08-01 $187,150 (5.6%) $232,677 (5.1%) 0.00 116
    2023-09-01 $177,005 (1.6%) $226,405 (-1.7%) 0.00 112
    2023-10-01 $183,500 (7.9%) $229,156 (-9.9%) 0.00 117
    2023-11-01 $183,675 (19.3%) $230,273 (-5.2%) 0.00 111
    2023-12-01 $175,000 (2.9%) $220,342 (-3.2%) 0.00 104
    2024-01-01 $168,493 (6.0%) $212,266 (0.1%) 0.00 100
    2024-02-01 $157,450 (6.3%) $208,248 (1.2%) 0.00 106
    2024-03-01 $185,000 (16.0%) $231,663 (6.3%) 0.00 102
    2024-04-01 $182,950 (15.1%) $229,085 (1.7%) 0.00 105
    2024-05-01 $189,000 (15.4%) $231,131 (-0.2%) 0.00 104
    2024-06-01 $196,560 (6.7%) $236,894 (-1.2%) 0.00 102
    2024-07-01 $187,525 (4.8%) $227,607 (-1.8%) 0.00 101
    2024-08-01 $180,000 (-3.8%) $229,191 (-1.5%) 0.00 97
    2024-09-01 $176,225 (-0.4%) $227,697 (0.6%) 0.00 118
    2024-10-01 $181,250 (-1.2%) $238,586 (4.1%) 0.00 121
    2024-11-01 $175,000 (-4.7%) $240,746 (4.6%) 0.00 131
    2024-12-01 $175,750 (0.4%) $242,242 (9.9%) 0.00 134
    2025-01-01 $175,750 (4.3%) $234,112 (10.3%) 0.00 136
    2025-02-01 $175,000 (11.2%) $236,252 (13.5%) 0.00 142
    Weatherford's median listing price for 2025-02-01 was $175,000, a difference of $17,550 (11.2%) versus the prior year and $-750 versus the prior month.

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

    Weatherford's average listing price for 2025-02-01 was $236,252, a difference of $28,004 (13.5%) versus the prior year and $2,140 versus the prior month.

    For the 2025-02-01 period, Weatherford had 142 MLS listings, a difference of 6 listings (4%) versus the prior month and 36 listings (34%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Weatherford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,763 sqft
    2018-02-01 0 days 1,713 sqft
    2018-03-01 0 days 1,695 sqft
    2018-04-01 0 days 1,763 sqft
    2018-05-01 0 days 1,759 sqft
    2018-06-01 0 days 1,732 sqft
    2018-07-01 0 days 1,711 sqft
    2018-08-01 0 days 1,690 sqft
    2018-09-01 0 days 1,690 sqft
    2018-10-01 0 days 1,740 sqft
    2018-11-01 0 days 1,675 sqft
    2018-12-01 0 days 1,685 sqft
    2019-01-01 0 days 1,674 sqft
    2019-02-01 0 days 1,625 sqft
    2019-03-01 0 days 1,645 sqft
    2019-04-01 0 days 1,638 sqft
    2019-05-01 0 days 1,656 sqft
    2019-06-01 0 days 1,764 sqft
    2019-07-01 0 days 1,799 sqft
    2019-08-01 0 days 1,786 sqft
    2019-09-01 0 days 1,765 sqft
    2019-10-01 0 days 1,780 sqft
    2019-11-01 0 days 1,802 sqft
    2019-12-01 0 days 1,732 sqft
    2020-01-01 0 days 1,729 sqft
    2020-02-01 0 days 1,734 sqft
    2020-03-01 0 days 1,776 sqft
    2020-04-01 0 days 1,769 sqft
    2020-05-01 0 days 1,736 sqft
    2020-06-01 0 days 1,800 sqft
    2020-07-01 0 days 1,831 sqft
    2020-08-01 0 days 1,908 sqft
    2020-09-01 0 days 1,877 sqft
    2020-10-01 0 days 1,886 sqft
    2020-11-01 0 days 1,918 sqft
    2020-12-01 0 days 1,926 sqft
    2021-01-01 0 days 1,880 sqft
    2021-02-01 0 days 1,809 sqft
    2021-03-01 0 days 1,845 sqft
    2021-04-01 0 days 1,846 sqft
    2021-05-01 0 days 1,848 sqft
    2021-06-01 0 days 1,784 sqft
    2021-07-01 0 days 1,805 sqft
    2021-08-01 0 days 1,789 sqft
    2021-09-01 0 days 1,721 sqft
    2021-10-01 0 days 1,735 sqft
    2021-11-01 0 days 1,808 sqft
    2021-12-01 0 days 1,800 sqft
    2022-01-01 0 days 1,794 sqft
    2022-02-01 0 days 1,750 sqft
    2022-03-01 0 days 1,797 sqft
    2022-04-01 0 days 1,697 sqft
    2022-05-01 0 days 1,704 sqft
    2022-06-01 0 days 1,730 sqft
    2022-07-01 0 days 1,758 sqft
    2022-08-01 0 days 1,715 sqft
    2022-09-01 0 days 1,713 sqft
    2022-10-01 0 days 1,724 sqft
    2022-11-01 0 days 1,693 sqft
    2022-12-01 0 days 1,728 sqft
    2023-01-01 0 days 1,655 sqft
    2023-02-01 0 days 1,615 sqft
    2023-03-01 0 days 1,641 sqft
    2023-04-01 0 days 1,717 sqft
    2023-05-01 0 days 1,784 sqft
    2023-06-01 0 days 1,796 sqft
    2023-07-01 0 days 1,800 sqft
    2023-08-01 0 days 1,783 sqft
    2023-09-01 0 days 1,755 sqft
    2023-10-01 0 days 1,692 sqft
    2023-11-01 0 days 1,672 sqft
    2023-12-01 0 days 1,615 sqft
    2024-01-01 0 days 1,633 sqft
    2024-02-01 0 days 1,596 sqft
    2024-03-01 0 days 1,653 sqft
    2024-04-01 0 days 1,680 sqft
    2024-05-01 0 days 1,624 sqft
    2024-06-01 0 days 1,704 sqft
    2024-07-01 0 days 1,689 sqft
    2024-08-01 0 days 1,740 sqft
    2024-09-01 0 days 1,796 sqft
    2024-10-01 0 days 1,858 sqft
    2024-11-01 0 days 1,788 sqft
    2024-12-01 0 days 1,720 sqft
    2025-01-01 0 days 1,728 sqft
    2025-02-01 0 days 1,708 sqft
    Weatherford's median listing age (time on market) for 2025-02-01 was 0 days.

    Weatherford's median square footage for active listings during the 2025-02-01 period was 1,708 sqft. One year prior, the average listing was 1,596 sqft.

    Weatherford, OK Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 214 $42,320,000 $197,757
    Refi 18 $4,090,000 $227,222
    Cash Out Refi 17 $2,485,000 $146,176
    Other 15 $705,000 $47,000
    Home Improvement 13 $855,000 $65,769

    Weatherford's most frequently cited loan purpose was Home Purchase, with 214 originations. The 2nd most popular reason was Refi, with 18 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 101 $19,445,000 $192,525
    7-8% 86 $16,740,000 $194,651
    Over 8% 43 $5,475,000 $127,326
    5-6% 34 $6,780,000 $199,412
    <2.5% 5 $215,000 $43,000
    4-5% 2 $490,000 $245,000

    During 2023, Weatherford's most frequently originated rate bucket was 6-7%, with 101 originations.

    Loan Sizing (Weatherford, OK MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 104 $15,490,000 $148,942
    $200k-400k 85 $22,235,000 $261,588
    $100,000 or less 75 $4,375,000 $58,333
    $400k-600k 10 $4,630,000 $463,000
    $Over $1MM 2 $2,980,000 $1,490,000
    $600k-1000k 1 $745,000 $745,000

    Weatherford's loan sizing saw the bucket of loans from $100k-200k with 104 originations, totaling $15,490,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 156 $29,230,000 $187,372
    60-80% 59 $12,255,000 $207,712
    40-60% 17 $4,085,000 $240,294
    Under 20% 17 $505,000 $29,706
    20-40% 15 $1,805,000 $120,333
    Over 100% 7 $1,265,000 $180,714

    Weatherford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 156 originations, totaling $29,230,000 in origination value.