PlainLender

BANCFIRST

OKLAHOMA CITY, OK

BANCFIRST processed 4,709 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 3,713 loans with a 10.0% denial rate. Home Purchase was the primary loan purpose. Based in OKLAHOMA CITY, OK. The approval rate of 78.8% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. BANCFIRST processed 4,709 HMDA-reported mortgage applications in 2024, originating 3,713 loans and denying 470 for a denial rate of 10.0% (applicants themselves withdrew 85 files before a decision). The average loan amount was $149,088 at a 7.970% average note rate, and applicants self-reported an average income of $34,000. The lender reports under LEI 549300MNZECUR067HB12 from OKLAHOMA CITY, OK.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. BANCFIRST's 78.8% origination rate tells you how often an application turned into funded money; the 10.0% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (4,433 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

4,709
Applications
3,713
Originated
10.0%
Denial Rate
$149,088
Avg Loan Amount
Avg Interest Rate: 7.970% Avg Applicant Income: $34,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 4,433 3,511 435 $145,713
FHA 187 143 18 $196,123
USDA 50 32 11 $148,400
VA 39 27 6 $308,077

Top loan types — BANCFIRST

Top loan types — BANCFIRST Horizontal bar chart of the top 4 items by value (applications). Top loan types — BANCFIRST Top 4 1. Conventional 4,433 2. FHA 187 3. USDA 50 4. VA 39 Top 5 loan types by application volume at BANCFIRST (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for BANCFIRST (LEI: 549300MNZECUR067HB12) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
238
Debt-to-income ratio
199
Collateral
78
Other
23
Unverifiable information
18
Credit application incomplete
11
Employment history
8
Insufficient cash
4

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 2,207 1,796 $214,325
Refinancing 875 746 $138,177
Home Improvement 857 619 $61,196
Other 735 527 $65,327
Cash-out Refinancing 35 25 $219,286

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 3,174 76.4% 10.7%
Joint 295 79.7% 10.8%
American Indian or Alaska Native 221 76.9% 9.5%
Black or African American 112 61.6% 24.1%
Asian 50 70.0% 18.0%
2 or more minority races 5 40.0% 40.0%
Native Hawaiian or Other Pacific Islander 5 60.0% 20.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 3,372 77.0% 10.3%
Hispanic or Latino 419 67.8% 19.8%
Joint 91 73.6% 14.3%

Nearby Lenders in OK

Other HMDA-reporting lenders in OK with similar activity. Compare any two side-by-side.

ARVEST BANK

TULSA, OK

20,066 apps 12,946 originated 16.2% denied

MidFirst Bank

Oklahoma City, OK

14,527 apps 1,920 originated 2.8% denied

GATEWAY FIRST BANK

JENKS, OK

13,103 apps 8,366 originated 4.3% denied

FINANCE OF AMERICA REVERSE LLC

TULSA, OK

12,910 apps 8,638 originated 8.3% denied

BOKF NA

TULSA, OK

11,220 apps 5,852 originated 27.4% denied
Compare BANCFIRST vs ARVEST BANK →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did BANCFIRST process?
BANCFIRST processed 4,709 mortgage applications in the 2023 HMDA reporting year. Of these, 3,713 were originated (approved and funded), 85 were withdrawn by the applicant, and 470 were denied.
What is BANCFIRST's mortgage approval rate?
BANCFIRST has an approval (origination) rate of 78.8%, meaning 78.8% of all applications resulted in a funded mortgage. The denial rate is 10.0%.
What is the average loan amount at BANCFIRST?
The average mortgage loan amount at BANCFIRST is $149,088. The average interest rate is 7.970%. The average applicant income is $34,000.
What are the most common reasons for mortgage denial at BANCFIRST?
The most common reasons for mortgage denial at BANCFIRST are: Credit history, Debt-to-income ratio, Collateral. In total, 470 applications were denied out of 4,709 total applications.
What types of mortgage loans does BANCFIRST offer?
BANCFIRST processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 4,433 applications and an average loan amount of $145,713.
What loan purposes does BANCFIRST serve?
BANCFIRST serves the following loan purposes: Home Purchase (2,207 applications), Refinancing (875 applications), Home Improvement (857 applications), Other (735 applications), Cash-out Refinancing (35 applications). Home Purchase is the most common purpose.
Where is BANCFIRST located?
BANCFIRST is headquartered in OKLAHOMA CITY, OK. The lender is identified by LEI 549300MNZECUR067HB12 in HMDA data.
How does BANCFIRST compare in lending across racial demographics?
BANCFIRST reports demographic lending data under HMDA requirements. White applicants have an approval rate of 76.4% and denial rate of 10.7%; Joint applicants have an approval rate of 79.7% and denial rate of 10.8%; American Indian or Alaska Native applicants have an approval rate of 76.9% and denial rate of 9.5%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.