Key Terms
- Jumbo loans in Oklahoma outpace conventional mortgages when it comes to their limits.
- Borrowers do not need a lot of money down to get an Oklahoma jumbo loan.
- With jumbo loans, you can finance a large property with just one mortgage.
We won’t cite the song lyrics, but if you’re from Oklahoma, you know just why so many love to call it home and why it’s played such an iconic role in American culture. Its stark landscape, small town feel, and affordable living are just a few reasons why so many love this state.
While the cost of living in Oklahoma can be manageable for many, the cost of homes is going up, especially when it comes to larger properties or newer, more modern builds. According to the Oklahoma Association of Realtors, the average sales price of a home in Oklahoma is $159,600. While that number is still below the conforming limit in Oklahoma, many new properties in Oklahoma are exceeding those limits, especially the ones mentioned above..
For the most recent year, the HDMA data places Oklahoma 33rd in the country in terms of mortgage origination activity, with a total of just over $1 billion in jumbo mortgages originated. It seems clear from those numbers that many Oklahomans are finding real value in financing a home purchase with a jumbo loan.
What is the jumbo loan limit in Oklahoma?
The jumbo loan limit in Oklahoma is $726,200 for all counties in the state. Any loan that exceeds $726,200 is a jumbo loan in the state of Oklahoma. Any loan that is less than $726,200 is a conforming loan in the state of Oklahoma.
Oklahoma Jumbo Loan Limits (September 2023)
Oklahoma county-by-county jumbo loan, conforming loan and FHA loan limits.
Oklahoma County | Oklahoma Jumbo loan (1-unit) | Oklahoma Conforming loan limit (1-unit) | Oklahoma FHA loan limit (1-unit) |
---|---|---|---|
Adair | $726,200+ | $726,200 | $420,680 |
Alfalfa | $726,200+ | $726,200 | $420,680 |
Atoka | $726,200+ | $726,200 | $420,680 |
Beaver | $726,200+ | $726,200 | $420,680 |
Beckham | $726,200+ | $726,200 | $420,680 |
Blaine | $726,200+ | $726,200 | $420,680 |
Bryan | $726,200+ | $726,200 | $420,680 |
Caddo | $726,200+ | $726,200 | $420,680 |
Canadian | $726,200+ | $726,200 | $420,680 |
Carter | $726,200+ | $726,200 | $420,680 |
Cherokee | $726,200+ | $726,200 | $420,680 |
Choctaw | $726,200+ | $726,200 | $420,680 |
Cimarron | $726,200+ | $726,200 | $420,680 |
Cleveland | $726,200+ | $726,200 | $420,680 |
Coal | $726,200+ | $726,200 | $420,680 |
Comanche | $726,200+ | $726,200 | $420,680 |
Cotton | $726,200+ | $726,200 | $420,680 |
Craig | $726,200+ | $726,200 | $420,680 |
Creek | $726,200+ | $726,200 | $420,680 |
Custer | $726,200+ | $726,200 | $420,680 |
Delaware | $726,200+ | $726,200 | $420,680 |
Dewey | $726,200+ | $726,200 | $420,680 |
Ellis | $726,200+ | $726,200 | $420,680 |
Garfield | $726,200+ | $726,200 | $420,680 |
Garvin | $726,200+ | $726,200 | $420,680 |
Grady | $726,200+ | $726,200 | $420,680 |
Grant | $726,200+ | $726,200 | $420,680 |
Greer | $726,200+ | $726,200 | $420,680 |
Harmon | $726,200+ | $726,200 | $420,680 |
Harper | $726,200+ | $726,200 | $420,680 |
Haskell | $726,200+ | $726,200 | $420,680 |
Hughes | $726,200+ | $726,200 | $420,680 |
Jackson | $726,200+ | $726,200 | $420,680 |
Jefferson | $726,200+ | $726,200 | $420,680 |
Johnston | $726,200+ | $726,200 | $420,680 |
Kay | $726,200+ | $726,200 | $420,680 |
Kingfisher | $726,200+ | $726,200 | $420,680 |
Kiowa | $726,200+ | $726,200 | $420,680 |
Latimer | $726,200+ | $726,200 | $420,680 |
Le Flore | $726,200+ | $726,200 | $420,680 |
Lincoln | $726,200+ | $726,200 | $420,680 |
Logan | $726,200+ | $726,200 | $420,680 |
Love | $726,200+ | $726,200 | $420,680 |
Mcclain | $726,200+ | $726,200 | $420,680 |
Mccurtain | $726,200+ | $726,200 | $420,680 |
Mcintosh | $726,200+ | $726,200 | $420,680 |
Major | $726,200+ | $726,200 | $420,680 |
Marshall | $726,200+ | $726,200 | $420,680 |
Mayes | $726,200+ | $726,200 | $420,680 |
Murray | $726,200+ | $726,200 | $420,680 |
Muskogee | $726,200+ | $726,200 | $420,680 |
Noble | $726,200+ | $726,200 | $420,680 |
Nowata | $726,200+ | $726,200 | $420,680 |
Okfuskee | $726,200+ | $726,200 | $420,680 |
Oklahoma | $726,200+ | $726,200 | $420,680 |
Okmulgee | $726,200+ | $726,200 | $420,680 |
Osage | $726,200+ | $726,200 | $420,680 |
Ottawa | $726,200+ | $726,200 | $420,680 |
Pawnee | $726,200+ | $726,200 | $420,680 |
Payne | $726,200+ | $726,200 | $420,680 |
Pittsburg | $726,200+ | $726,200 | $420,680 |
Pontotoc | $726,200+ | $726,200 | $420,680 |
Pottawatomie | $726,200+ | $726,200 | $420,680 |
Pushmataha | $726,200+ | $726,200 | $420,680 |
Roger Mills | $726,200+ | $726,200 | $420,680 |
Rogers | $726,200+ | $726,200 | $420,680 |
Seminole | $726,200+ | $726,200 | $420,680 |
Sequoyah | $726,200+ | $726,200 | $420,680 |
Stephens | $726,200+ | $726,200 | $420,680 |
Texas | $726,200+ | $726,200 | $420,680 |
Tillman | $726,200+ | $726,200 | $420,680 |
Tulsa | $726,200+ | $726,200 | $420,680 |
Wagoner | $726,200+ | $726,200 | $420,680 |
Washington | $726,200+ | $726,200 | $420,680 |
Washita | $726,200+ | $726,200 | $420,680 |
Woods | $726,200+ | $726,200 | $420,680 |
Woodward | $726,200+ | $726,200 | $420,680 |
3 Top Oklahoma jumbo loan lenders
If you’re ready to look over the best jumbo loan lenders in Oklahoma, here are some options to consider.
1. Flagstar Bank
Flagstar Bank has a jumbo product in all 50 states, making it a popular choice among many people looking for higher mortgage amounts. If you’re considering a jumbo mortgage, you’ll want to compare Flagstar’s rates as part of your analysis.
We reached out to a loan officer at Flagstar Bank to get details on their jumbo mortgage. Here are the highlights:
- Loan amounts up to $3 million on primary residences
- Loan amounts up to $2.5 million on second homes
- Purchase and rate/term refinance options available on primary residences and second homes
- No prepayment penalties
- First-time homebuyers permitted
- No mortgage insurance options available
- Cash-out options available on primary residence
When you’re ready to connect with a loan officer experienced in jumbo mortgages, use our form to quickly match with jumbo loan programs based on your specific circumstances.
2. SoFi
SoFi is a financial institution based in California that specializes in student loan refinance options, PLUS loans and flexible repayment terms. You might not know that they also offer jumbo loan mortgages.
We spoke to a loan officer at SoFi to discuss their jumbo loan mortgage and this is what we learned:
- Loan amounts up to $3 million
- Down payments start at 10% and increase as the loan amount increases.
- No PMI, regardless of your down payment amount.
- 15-year or 30-year fixed rate products available
When you’re ready to connect with a loan officer experienced in jumbo mortgages, use our form to quickly match with jumbo loan programs based on your specific circumstances.
3. Huntington Bank
Huntington Bank is the 26th largest bank in the United States. Operating primarily out of the Midwest, their mortgage group can service a large part of the country. Huntington has a competitive physician loan product with no money down financing options.
We contacted a loan officer at Huntington Bank to gather information about the doctor mortgage and here’s what we heard back:
- Loan amounts up to $2.5 million
- Purchase and refinance available
- Refinancing allows you to take up to $750,000 of equity out of your home.
- Second homes are eligible
- Multi-unit properties are eligible
When you’re ready to connect with a loan officer experienced in jumbo mortgages, use our form to quickly match with jumbo loan programs based on your specific circumstances.
Do I need a Oklahoma jumbo loan?
Do you have money for a big down payment? Or, are all the properties you are looking at under the limits of conventional loans? In those cases, you might not need a Oklahoma jumbo loan. Who needs a jumbo loan? Anyone looking to finance a home above conforming limits in the easiest way possible.
Financing more expensive properties with conventional loans makes for some pretty complicated finances: You either need to take out several mortgages or put down a large down payment to cover the cost with conforming loans. With a jumbo loan, you can take care of the whole purchase in one loan and without a large down payment, in many cases.
Not all traditional home loans will work for high cost properties on the NMLS. Other loan options are out there, including jumbo loans that help make these purchases possible for valuable real estate. Assuming you can cover the monthly payments and closing costs, and are fine with the selected interest rates, this can help you get a great single family home that you wouldn’t be able to finance due to conforming loan limits.
Fannie Mae and Freddie Mac supported mortgages may not meet your needs. Use a mortgage calculator to determine if the mortgage rates align well with what’s in your budget for a monthly payment. If you already looked into an FHA loan and realized it won’t work due to the home value or down payment requirements expected of homeowners, you’re not out of luck for an Oklahoma mortgage.
The pros and cons associated with Oklahoma jumbo loans
If you are considering a Oklahoma jumbo loan, take a moment to think about the pros and cons. The biggest pro, as mentioned above, is that these loans give you a way to finance a large purchase under a single mortgage.
There are cons, but they may well be something you can handle. For one, you will need good to great credit. Next, you need to keep in mind that Oklahoma jumbo loans can come with high interest rates, as well. If those things seem like factors you can easily navigate, then a jumbo loan may be just the answer you need to finance a new home in Oklahoma.
Need a jumbo loan in a different state?
If you want to find the best jumbo loans in other states, click on your state below.

Joshua Holt is a licensed mortgage loan originator (NMLS #2306824) and founder of Biglaw Investor. His mortgage expertise lies in the areas of professional mortgage loans, particularly for lawyers, doctors and other high-income professionals. Prior to Biglaw Investor, Josh practiced private equity mergers & acquisition law for one of the largest law firms in the country.