Mortgage Rates
Mortgages, loans, and finding a home doesn’t have to be difficult. At WEOKIE, we’re here to help. From finding the home of your dreams, to financing it, to securing a loan and keeping it safe, WEOKIE Federal credit union can help make every step in your home-buying experience as easy and as affordable as possible.
Current Mortgage & Refinance Rates
Fixed Rate Mortgages
Fixed Rate Loans
Welcome Home Loans
Adjustable Rate Mortgages
20 Year 10/10 ARM Loans
30 Year 15/15 ARM Loans
No PMI Loans
5/5 ARM Loans
Jumbo Loans
Current Home Equity & HELOC Rates
Low Mortgage Rates
As a not-for-profit Oklahoma-based credit union, we’re dedicated to offering you lower rates instead of earning a profit for shareholders.
Choose Your Term
Everyone’s needs are different, so we meet you where you are with a wide selection of loan options and terms to fit your budget.
Get Pre-Approved
Getting pre-approved means Realtors and Sellers will know you mean business and you'll be in a great position to compete in a hot housing market.
Options for Everyone
Get any type of home loan you need from fixed-rate to ARM, jumbo, first-time homebuyer, home equity loan, line of credit, or a refinance!
WEOKIE is Proud to Provide Services through Our Trusted Partners
First Rate Title Company
In search of quick and affordable title services? First Rate Title is a full-service title company owned and operated by local credit unions - including WEOKIE.
MemberHaven Insurance Agency
Looking for great coverage at a great value? MemberHaven provides insurance coverage that is tailored to your needs and represents the best value.
Mortgage Rates FAQs
Our lending team will take into account your overall financial situation and work with you to get the best mortgage rate possible.
In general, your annual percentage rate (APR) is based on your:
- Credit score – higher scores get lower rates
- Loan-to-value (LTV) ratio – lower LTV gets lower rates
- Your chosen loan term – shorter terms get lower rates than longer terms.
Before you apply for your mortgage, you can find out your credit score and take any possible steps to improve it. For example, you could:
- Consolidate high-interest debt with a personal loan or low-interest balance transfer card.
- Make sure you don't have any outstanding payments or liens.
- Work to lower your credit utilization rate, which is how much of your available credit you've used.
- Ideally, you want to use less than 30% of your credit across all of your accounts.
The rates on these mortgage types are different. Here's how they work:
- A fixed rate mortgage comes with higher rates because you get the security of knowing you'll have the same rate and monthly payment through the life of your loan, so budgeting is easy.
- If you lock in a higher rate when you purchase your home, you can refinance later to see if you can get a lower rate for the remainder of your loan term.
- An ARM offers you a lower fixed rate than a fixed-rate mortgage, but only in the initial period of your loan.
- After your initial period is over, your rate adjusts with the market on a schedule. For example, it might adjust every 5 or 15 years.
If you're not sure which to choose, an ARM offers a lower rate right now and is a good option if you plan to move, sell, or refinance in the short term. You can take your chances that market rates will be lower when your rate starts adjusting.
A fixed-rate mortgage means you get the same rate for the life of your loan, which is great if you lock in a low rate when you purchase your home. But it does mean you're stuck with a higher rate if market rates drop in future—unless you refinance your mortgage.
At WEOKIE, we want everyone to be able to buy the home they need, and we work hard to help our members do just that. Talk to our home loan experts today so that we can help you make the right choice.
Oklahoma refinance rates tend to be similar to purchase rates, but the exact rate you get may depend on your financial situation, including if you have a down payment for your refinance and your current loan-to-value (LTV).
WEOKIE is a not-for-profit credit union, not a bank. While banks are focused on earning a profit for their stakeholders, we focus on returning our profits to our members by offering lower fees and lower interest rates.