Weatherford Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Weatherford averaged 7.29% for the week of 2025-05-22, compared to the national average of 6.86% for the same period.

    The average rate for the prior week (2025-05-15) was 6.94% and one month ago for the week of 2025-04-17, the average rate was 7.06%.

    Weatherford's average rate one year ago was 7.35%.

    For refis of the same type during the week of 2025-05-22, the average rate was 6.76%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-22 6.86%
    Weatherford 30 Year Fixed Rate 2025-05-22 7.29%
    Weatherford 30 Year Fixed Rate Refi 2025-05-22 6.76%
    Weatherford 15 Year Fixed Rate 2025-05-22 6.11%
    Weatherford 15 Year Fixed Rate Refi 2025-05-22 6.51%
    Weatherford 30 Year FHA 2025-05-22 6.51%
    Weatherford 30 Year FHA Refi 2025-05-22 6.71%
    Weatherford 30 Year USDA 2025-05-22 6.43%
    Weatherford 30 Year USDA Refi 2025-05-22 6.33%
    Weatherford 30 Year VA 2025-05-22 6.32%
    Weatherford 30 Year VA Refi 2025-05-22 6.72%
    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 19 6.89% $5,446
    INTERLINC MORTGAGE SERVICES, LLC 12 6.89% $4,553
    InterBank 9 7.96% $2,758
    BancFirst 8 6.85% $3,530
    GUARANTEED RATE, INC. 7 6.49% $3,963
    USAA Federal Savings Bank 3 6.67% $4,922
    ASSOCIATED MORTGAGE CORPORATION 2 6.94% $4,123
    CWM PARTNERS, L.P. 2 6.87% $3,550
    Farm Credit Mid-America, ACA 2 6.81% $7,217
    JPMorgan Chase Bank 2 6.31% $6,131
    NP, Inc. 1 9.62% $23,468
    SOUTHWEST FUNDING, LP 1 6.99% $6,854
    SUN WEST MORTGAGE COMPANY, INC. 1 6.88% $8,350
    U.S. Bank 1 8.13% $5,274
    ALLEGIANCE 1 5.50% $4,317
    Wells Fargo Bank 1 6.75% $4,940
    American Mortgage & Equity Consultants, Inc. 1 7.13% $3,860
    AMERISAVE MORTGAGE CORPORATION 1 6.75% $13,066
    BROKER SOLUTIONS, INC. 1 7.63% $9,748
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.50% $4,823
    First-Citizens Bank & Trust Company 1 7.25% $3,362
    FORT SILL 1 6.88% $4,510
    Great Plains National Bank 1 6.88% $5,076
    GUILD MORTGAGE COMPANY 1 6.63% $2,153
    MidFirst Bank 1 7.00% $3,831

    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 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
    2025-03-01 $174,750 (-5.5%) $234,842 (1.4%) 0.00 132
    2025-04-01 $187,058 (2.3%) $242,719 (6.0%) 0.00 139
    Weatherford's median listing price for 2025-04-01 was $187,058, a difference of $4,108 (2.3%) versus the prior year and $12,308 versus the prior month.

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

    Weatherford's average listing price for 2025-04-01 was $242,719, a difference of $13,634 (6.0%) versus the prior year and $7,877 versus the prior month.

    For the 2025-04-01 period, Weatherford had 139 MLS listings, a difference of 7 listings (5%) versus the prior month and 34 listings (32%) 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
    2025-03-01 0 days 1,681 sqft
    2025-04-01 0 days 1,728 sqft
    Weatherford's median listing age (time on market) for 2025-04-01 was 0 days.

    Weatherford's median square footage for active listings during the 2025-04-01 period was 1,728 sqft. One year prior, the average listing was 1,680 sqft.

    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.