Oklahoma Refinance Rates & Programs 2026

Oklahoma offers affordable housing and low refinancing costs. From Oklahoma City to Tulsa across the Sooner State, here's what you need to know.

Current Oklahoma Refinance Rates

| Loan Type | Average Rate | |-----------|--------------| | 30-Year Fixed | 6.22% | | 15-Year Fixed | 5.54% | | FHA 30-Year | 6.17% | | VA 30-Year | 5.50% |

Use our refinance calculator.

Oklahoma-Specific Programs

Oklahoma Housing Finance Agency (OHFA)

• Down payment assistance programs
• Mortgage Credit Certificates available

USDA Refinancing

Much of Oklahoma qualifies for USDA loans outside Oklahoma City and Tulsa.

VA Loans

Tinker AFB, Altus AFB, Vance AFB, Fort Sill. VA IRRRL widely available.

Cost of Refinancing

Very low:

| Cost Item | Typical Amount | |-----------|---------------| | Origination | $0 - $1,800 | | Appraisal | $350 - $500 | | Title | $500 - $900 | | Recording | $25 - $50 | | Total | $2,500 - $5,000 |

No state mortgage tax.

When to Refinance

Refinance if rates dropped 0.75%+. Low costs mean quick break-even.

FAQ

How long? 25-35 days. Property taxes change? No. Credit score? 580 FHA, 620 conv, 740+ best.

Bottom Line

OK's low costs make refinancing attractive when rates drop 0.75%+.

Get quote: See rates.

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Author: Bill McCoy, 15 years experience.