Weatherford Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Weatherford averaged
7.04%
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
6.97% and
one month ago for the week of 2025-05-15, the
average rate was 6.94%.
Weatherford's average rate one year ago was 7.38%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.31%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Weatherford 30 Year Fixed Rate | 2025-06-18 | 7.04% |
| Weatherford 30 Year Fixed Rate Refi | 2025-06-18 | 7.31% |
| Weatherford 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Weatherford 15 Year Fixed Rate Refi | 2025-06-18 | 6.56% |
| Weatherford 30 Year FHA | 2025-06-18 | -0.1% |
| Weatherford 30 Year FHA Refi | 2025-06-18 | -0.1% |
| Weatherford 30 Year USDA | 2025-06-18 | 0% |
| Weatherford 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Weatherford 30 Year VA | 2025-06-18 | 0% |
| Weatherford 30 Year VA Refi | 2025-06-18 | 0% |
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.).
Weatherford Average Closing Costs & Other Stats
Weatherford, OK's 25 lenders originated 286
loans during 2024. The total origination value was $49,080,000, with an average loan value of
$171,608.
Weatherford's average closing costs are $4,975.
The top Weatherford lender as defined by loan originations is QUICKEN LOANS, LLC, with
19 loans originated. Their average total fees are
$5,446, which is $893
higher than the next largest lender,
INTERLINC MORTGAGE SERVICES, LLC.
The lowest fee Weatherford lenders (with over 10 loans originated) are
INTERLINC MORTGAGE SERVICES, LLC ($4,553), QUICKEN LOANS, LLC ($5,446), .
The lowest rate Weatherford lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.89%), INTERLINC MORTGAGE SERVICES, LLC (6.89%), .
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| BancFirst | $5,685,000 | $6,445,000 | 13.4% | 13.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $4,985,000 | $5,845,000 | 17.3% | 11.9% |
| QUICKEN LOANS, LLC | $5,550,000 | $5,440,000 | -2.0% | 11.1% |
| Legacy Bank | $640,000 | $2,815,000 | 339.8% | 5.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,160,000 | $2,190,000 | 88.8% | 4.5% |
| Great Plains National Bank | $3,155,000 | $2,030,000 | -35.7% | 4.1% |
| GUARANTEED RATE, INC. | $3,525,000 | $1,950,000 | -44.7% | 4.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $780,000 | $1,620,000 | 107.7% | 3.3% |
| InterBank | $1,525,000 | $1,380,000 | -9.5% | 2.8% |
| Regent Bank | $1,225,000 | n/a | 2.5% | |
| Mortgage Research Center, LLC | $2,510,000 | $1,105,000 | -56.0% | 2.3% |
| MidFirst Bank | $600,000 | $780,000 | 30.0% | 1.6% |
| BROKER SOLUTIONS, INC. | $445,000 | $720,000 | 61.8% | 1.5% |
| Farm Credit Mid-America, ACA | $670,000 | n/a | 1.4% | |
| SOUTHWEST FUNDING, LP | $665,000 | n/a | 1.4% | |
| NP, Inc. | $635,000 | n/a | 1.3% | |
| USAA Federal Savings Bank | $480,000 | $605,000 | 26.0% | 1.2% |
| CWM PARTNERS, L.P. | $1,155,000 | $575,000 | -50.2% | 1.2% |
| ASSOCIATED MORTGAGE CORPORATION | $350,000 | $545,000 | 55.7% | 1.1% |
| GUILD MORTGAGE COMPANY | $755,000 | $540,000 | -28.5% | 1.1% |
| MID AMERICA MORTGAGE, INC. | $255,000 | $500,000 | 96.1% | 1.0% |
| JPMorgan Chase Bank | $470,000 | $480,000 | 2.1% | 1.0% |
| Equity Prime Mortgage LLC | $460,000 | n/a | 0.9% | |
| Barrington Bank & Trust Company, N.A. | $440,000 | n/a | 0.9% | |
| ALLEGIANCE | $390,000 | n/a | 0.8% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $380,000 | n/a | 0.8% | |
| AMERISAVE MORTGAGE CORPORATION | $540,000 | $370,000 | -31.5% | 0.8% |
| First Federal Bank | $365,000 | n/a | 0.7% | |
| NAVY FEDERAL CREDIT UNION | $465,000 | $350,000 | -24.7% | 0.7% |
| First Liberty Bank | $335,000 | n/a | 0.7% | |
| AmeriHome Mortgage Company, LLC | $325,000 | n/a | 0.7% | |
| PLAZA HOME MORTGAGE, INC. | $295,000 | $325,000 | 10.2% | 0.7% |
| UIF CORPORATION | $285,000 | n/a | 0.6% | |
| First National Bank Of Oklahoma | $275,000 | n/a | 0.6% | |
| BETTER MORTGAGE CORPORATION | $265,000 | n/a | 0.5% | |
| The Federal Savings Bank | $265,000 | n/a | 0.5% | |
| TRIAD FINANCIAL SERVICES, INC. | $260,000 | n/a | 0.5% | |
| 21ST MORTGAGE CORPORATION | $215,000 | $240,000 | 11.6% | 0.5% |
| First United Bank and Trust Company | $410,000 | $235,000 | -42.7% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $115,000 | $235,000 | 104.3% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $375,000 | $225,000 | -40.0% | 0.5% |
| NEW DAY FINANCIAL, LLC | $215,000 | n/a | 0.4% | |
| FINANCE OF AMERICA REVERSE LLC | $210,000 | n/a | 0.4% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $180,000 | $210,000 | 16.7% | 0.4% |
| A&D Mortgage LLC | $200,000 | n/a | 0.4% | |
| FORT SILL | $185,000 | n/a | 0.4% | |
| ZILLOW HOME LOANS, LLC | $175,000 | n/a | 0.4% | |
| LOANPAL, LLC | $170,000 | n/a | 0.3% | |
| LOANDEPOT.COM, LLC | $105,000 | $155,000 | 47.6% | 0.3% |
| U.S. Bank | $25,000 | $155,000 | 520.0% | 0.3% |
| Waterstone Mortgage Corporation | $155,000 | n/a | 0.3% | |
| PNC Bank | $25,000 | $145,000 | 480.0% | 0.3% |
| Stride Bank | $75,000 | $145,000 | 93.3% | 0.3% |
| American Mortgage & Equity Consultants, Inc. | $135,000 | n/a | 0.3% | |
| First-Citizens Bank & Trust Company | $135,000 | n/a | 0.3% | |
| F & M Bank | $135,000 | n/a | 0.3% | |
| MICHIGAN MUTUAL, INC. | $135,000 | n/a | 0.3% | |
| OKLAHOMA'S | $135,000 | $135,000 | 0.0% | 0.3% |
| FIRST AMERICAN MORTGAGE, INC. | $1,025,000 | $125,000 | -87.8% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $265,000 | $120,000 | -54.7% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $125,000 | $120,000 | -4.0% | 0.2% |
| CMG MORTGAGE, INC. | $115,000 | n/a | 0.2% | |
| Equity Bank | $115,000 | $115,000 | 0.0% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $95,000 | n/a | 0.2% | |
| COMMUNICATION | $100,000 | $75,000 | -25.0% | 0.2% |
| Municipal Employees Credit Union of Oklahoma City | $75,000 | n/a | 0.2% | |
| Bank of America | $65,000 | n/a | 0.1% | |
| Wells Fargo Bank | $205,000 | $65,000 | -68.3% | 0.1% |
| BOKF | $55,000 | n/a | 0.1% | |
| BLUE SKY BANK | $45,000 | n/a | 0.1% | |
| Coastal Community Bank | $25,000 | $35,000 | 40.0% | 0.1% |
| Tinker Federal Credit Union | $180,000 | $35,000 | -80.6% | 0.1% |
| UMB Bank | $35,000 | n/a | 0.1% | |
| All America Bank | $25,000 | n/a | 0.1% |
Weatherford's top lender by overall market share is BancFirst, with 13.1% market share. In second place, with 11.9%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $5,845,000 in loans. In third place, with 11.1%, is QUICKEN LOANS, LLC, having originated $5,440,000 in loans. In fourth place, with 5.7%, is Legacy Bank, having originated $2,815,000 in loans. In fifth place, with 4.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $2,190,000 in loans.
Weatherford, OK Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 195 | $35,215,000 | $180,590 |
| Cash Out Refi | 34 | $5,510,000 | $162,059 |
| Refi | 32 | $6,500,000 | $203,125 |
| Other | 18 | $1,160,000 | $64,444 |
| Home Improvement | 7 | $695,000 | $99,286 |
Weatherford's most frequently cited loan purpose was Home Purchase, with 195 originations. The 2nd most popular reason was Cash Out Refi, with 34 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 119 | $21,925,000 | $184,244 |
| 7-8% | 73 | $11,985,000 | $164,178 |
| Over 8% | 42 | $4,380,000 | $104,286 |
| 5-6% | 25 | $5,455,000 | $218,200 |
| <2.5% | 4 | $290,000 | $72,500 |
| 4-5% | 2 | $190,000 | $95,000 |
During 2024, Weatherford's most frequently originated rate bucket was 6-7%, with 119 originations.
Loan Sizing (Weatherford, OK MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 112 | $16,360,000 | $146,071 |
| $200k-400k | 85 | $22,625,000 | $266,176 |
| $100,000 or less | 80 | $4,890,000 | $61,125 |
| $400k-600k | 7 | $3,345,000 | $477,857 |
| $600k-1000k | 1 | $635,000 | $635,000 |
| $Over $1MM | 1 | $1,225,000 | $1,225,000 |
Weatherford's loan sizing saw the bucket of loans from $100k-200k with 112 originations, totaling $16,360,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 145 | $28,405,000 | $195,897 |
| 60-80% | 52 | $8,530,000 | $164,038 |
| 20-40% | 25 | $1,865,000 | $74,600 |
| 40-60% | 21 | $2,995,000 | $142,619 |
| Under 20% | 12 | $400,000 | $33,333 |
| Over 100% | 4 | $760,000 | $190,000 |
Weatherford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 145 originations, totaling $28,405,000 in origination value.