The Most Recent Oklahoma Mortgage Rates for Your Home Loan or Refinance
When you buy a new home in Oklahoma, you are buying in a place that is home to a wide variety of housing options, a strong economy, and a number of beautiful natural areas. The cost of living in Oklahoma is relatively low when compared to other states in the country. In addition, the state offers a wide variety of housing options, from rural farmhouses to urban condos, making it easy to find a property that meets your needs and budget.
The climate in Oklahoma experiences all four seasons, but the winters are relatively mild, making it one of the best places to live if you don't like extreme cold weather. Oklahoma has some beautiful natural areas, including the Ozark Mountains and the Wichita Mountains, which offer endless opportunities for outdoor recreation. If you're looking for a state with a strong economy, Oklahoma is a wise choice. The state's unemployment rate is consistently below the national average, and its per capita income is above average.
It doesn’t matter whether you’re a new Oklahoma homebuyer or are looking to refinance an existing Oklahoma mortgage, Aspire Lending is a licensed Oklahoma mortgage lender. Our connection to the most up to date Oklahoma mortgage interest rates can help you choose when it’s the right time to apply for a mortgage or refinance.
Bookmark and refer to this page often if you are interested in securing a low rate mortgage in Oklahoma, as rates are subject to change. Wondering what kind of mortgage to get in Oklahoma? Check out our guide below to common Oklahoma mortgages and see which you might qualify for. If you’re already an Oklahoma homeowner, use this guide to find the most recent Oklahoma refinance rates.
TODAY'S OKLAHOMA INTEREST RATES: MORTGAGE REFINANCE*View APR disclosure.
Conventional Refinance
Conventional Refinance 15 Year - Fixed
Interest* APR*
Conventional Refinance 20 Year - Fixed
Interest* APR*
Conventional Refinance 30 Year - Fixed
Interest* APR*
Home Equity / Cash Out Refinance
Home Equity / Cash Out 15 Year - Fixed
Interest* APR*
Home Equity / Cash Out 20 Year - Fixed
Interest* APR*
Home Equity / Cash Out 30 Year - Fixed
Interest* APR*
FHA Streamline Refinance
FHA Streamline 15 Year - Fixed
Interest* APR*
FHA Streamline 30 Year - Fixed
Interest* APR*
VA Interest Rate Reduction Refinance Loan (IRRRL)
VA IRRRL 15 Year - Fixed
Interest* APR*
VA IRRRL 30 Year - Fixed
Interest* APR*
USDA Streamline Refinance
USDA Streamline 30 Year - Fixed
Interest* APR*
Jumbo Refinance
Jumbo Refinance 30 Year - Fixed
Interest* APR*
TODAY'S OKLAHOMA INTEREST RATES: MORTGAGE PURCHASE *View APR disclosure.
Conventional Purchase
Conventional Purchase 15 Year - Fixed
Interest* APR*
Conventional Purchase 20 Year - Fixed
Interest* APR*
Conventional Purchase 30 Year - Fixed
Interest* APR*
FHA Purchase
FHA 15 Year - Fixed
Interest* APR*
FHA 30 Year - Fixed
Interest* APR*
VA Purchase Loan
VA 15 Year - Fixed
Interest* APR*
VA 30 Year - Fixed
Interest* APR*
USDA Purchase
USDA 30 Year - Fixed
Interest* APR*
Jumbo Purchase
Jumbo Purchase 30 Year - Fixed
Interest* APR*
Oklahoma Rate and Term Option Mortgage Refinance
You can refinance your Oklahoma mortgage to adjust the interest rate and term, which can be a very simple way to save money. A conventional refinance of your Oklahoma mortgage loan offers the flexibility to adjust your mortgage payment amount or reduce the total interest you will pay over the loan term. Aspire offers low rates for your Oklahoma home loan refinance online. Come back to this page to check current interest rates and let us know when you are ready to refinance your Oklahoma mortgage with a conventional rate and term refinance.
Loan Qualification Guidelines:
Conventional Refinance
- Minimum FICO Credit Score: 620
- Maximum Loan to Value: 95%
- Maximum Debt to Income: 45%
- Mortgage Insurance: Yes (80% LTV and above)
Oklahoma Home Equity Loan Online
Visit Aspire to apply for a Oklahoma Home Equity Loan Online. Oklahoma home equity loans are a great way for homeowners to convert the equity in their home to cash. You may consider taking out a Oklahoma home equity loan to free up extra cash, make home repairs, or finance a large purchase. Aspire Lending has the latest Oklahoma mortgage rates including the most recent Oklahoma home equity loan rates. Bookmark our website and check back often to see when Oklahoma home equity loan rates change so that you can ensure you get the best deal possible.
Loan Qualification Guidelines:
Home Equity Loan
- Minimum FICO Credit Score: 620
- Maximum Loan to Value: 80%
- Maximum Debt to Income: 45%
- Mortgage Insurance: No
Oklahoma Cash Out Refinance
A cash out refinance is useful for homeowners who are looking to refinance their existing Oklahoma mortgage and take cash out of their earned home equity. A Oklahoma cash out refinance allows you to take advantage of the equity you've built up in your home and pay a lower interest rate. If you are interested in seeing the latest Oklahoma mortgage refinance rates check this page often.
Loan Qualification Guidelines:
Cash Out Refinance
- Minimum FICO Credit Score: 620
- Maximum Loan to Value: 80%
- Maximum Debt to Income: 45%
- Mortgage Insurance: No
Oklahoma FHA Loan: Streamline Refinance
The streamline refinance loan is a type of Oklahoma FHA loan that allows you to lower your FHA interest rate. Lowering your Oklahoma FHA loan rate with Aspire is a simple and quick refinance process, and it might be right for you if you believe there is room to reduce your interest rate on your current Oklahoma FHA mortgage. FHA loans are backed by the US Federal Housing Administration and they do not require an appraisal. Aspire Lending is a Oklahoma FHA-approved lender.
Loan Qualification Guidelines:
Oklahoma FHA Streamline Refinance
- Minimum FICO Credit Score: 640
- Maximum Loan to Value: 95%
- Maximum Debt to Income: 50%
- Mortgage Insurance: Yes
Oklahoma VA Loans: IRRRL
United States military veterans who live in Oklahoma can potentially benefit from an interest rate reduction refinance loan on their current VA mortgage. Check back with Aspire Lending often for the most updated Oklahoma VA loan rates.
Loan Qualification Guidelines:
VA IRRRL
- Minimum FICO Credit Score: 660
- Maximum Loan to Value: 100%
- Maximum Debt to Income: 41%
- Mortgage Insurance: No
Oklahoma USDA Loans: Streamline Refinance
A Oklahoma USDA Streamline Refinance loan will allow you to refinance your current Oklahoma USDA loan to more favorable terms. The USDA does not require an updated appraisal to refinance a Oklahoma USDA mortgage to a lower interest rate and payment. Many Oklahoma homeowners with USDA rural properties utilize the opportunity to get a streamline refinance to save them money on their mortgage payments and interest. Aspire Lending offers great rates on USDA streamline refinance loans in Oklahoma, check this page for the most up to date interest rates.
Loan Qualification Guidelines:
USDA Streamline Refinance
- Minimum FICO Credit Score: 620
- Maximum Loan to Value: 100%
- Maximum Debt to Income: 41%
- Mortgage Insurance: Yes
Oklahoma Jumbo Refinance Loan
Refinancing your Jumbo mortgage to a lower interest rate can save you a lot of money over the life of the loan. “Jumbo” loans are for amounts greater than $647,200, though this number can be changed. Aspire Lending offers some of the lowest interest rates on Oklahoma jumbo loans.
Loan Qualification Guidelines:
Jumbo Refinance
- Minimum FICO Credit Score: 700
- Maximum Loan to Value: 80%
- Maximum Debt to Income: 43%
- Mortgage Insurance: No
Oklahoma Home Loans: Conventional Home Purchase
Conventional Oklahoma home loans offer flexible options for home buyers. A conventional Oklahoma home purchase mortgage has a minimum 5% down payment. There is also a conventional first-time home buyers loan program that offers a minimum 3% down payment for Oklahoma mortgage applicants buying a primary residence for the first time.
Loan Qualification Guidelines:
Conventional Loan
- Minimum FICO Credit Score: 620
- Minimum Down Payment: 3%-5%
- Maximum Loan to Value: 97%-95%
- Maximum Debt to Income: 45%
- Mortgage Insurance: Yes (for 80% LTV and above)
Oklahoma FHA loan
A Oklahoma FHA loan is provided by an FHA-approved lender such as Aspire. Oklahoma FHA loans, like all FHA loans, are backed by the US Federal Housing Administration. A Oklahoma FHA loan could be the right option for you if you are looking for a mortgage in Oklahoma, but also need to put less than 10% down. With a minimum down payment amount of 3.5% of the total home purchase price, FHA loans are a great option for first time Oklahoma home buyers. Aspire always has the latest Oklahoma FHA loan rates so check back frequently to see when the right time for you to get a Oklahoma FHA loan could be. The Oklahoma FHA streamline refinance loan allows you to lower your FHA interest rate with a simple and quick refinance process.
Loan Qualification Guidelines:
FHA loan
- Minimum FICO Credit Score: 620
- Minimum Down Payment: 3.5%
- Maximum Loan to Value: 97.5%
- Maximum Debt to Income: 50%
- Mortgage Insurance: Yes
Oklahoma VA Loan
Oklahoma Veterans Administration loans support our armed forced community by helping them secure a mortgage with beneficial VA loan terms such as a lower interest rate or longer term. To qualify for a Oklahoma VA loan, you must be a current or former member of the US armed forces in good status or a qualifying spouse. Aspire Lending is a certified mortgage lender offering Oklahoma VA loans to those who have served or are serving in the armed forces. Check Aspire Lending often for the most updated Oklahoma VA loan rates.
Loan Qualification Guidelines:
VA Loan
- Minimum FICO Credit Score: 620
- Minimum Down Payment: 0%
- Maximum Loan to Value: 100%
- Maximum Debt to Income: 41%
- Mortgage Insurance: No
Oklahoma USDA Loan
Oklahoma USDA loans are a type of mortgage for residents of Oklahoma who are interested in living in rural and developing locations as identified by the USDA. If that matches your description read on as you may be entitled to seek a Oklahoma USDA loan. The USDA Loan Program is federally backed through the United States Department of Agriculture. As you might expect, USDA loans come with some geographical restrictions along with other caps; such as one on income and another limiting purchases to only singlefamily homes. If you think you meet the qualifications for a Oklahoma USDA loan, then reach out to Aspire to speak with one of our Oklahoma mortgage specialists. We always have the most recent rates on Oklahoma USDA loans so check back frequently.
Loan Qualification Guidelines:
USDA Loan
- Minimum FICO Credit Score: 620
- Minimum Down Payment: 0%
- Maximum Loan to Value: 100%
- Maximum Debt to Income: 41%
- Mortgage Insurance: Yes
Oklahoma Jumbo Loan
A Oklahoma jumbo loan is for you if you are looking to take out a larger than average loan in the state of Oklahoma. These loans are for an amount greater than $647,200 though this number can be changed. Aspire is a certified Oklahoma mortgage lender offering Oklahoma jumbo loans at the latest rates. Check this page often to see the most recent Oklahoma jumbo loan rates.
Loan Qualification Guidelines:
Jumbo Loan
- Minimum FICO Credit Score: 700
- Minimum Down Payment: 20%
- Maximum Loan to Value: 80%
- Maximum Debt to Income: 43%
- Mortgage Insurance: No
