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Home equity loans in Felt, Oklahoma

The typical owner-occupied home in Felt is worth about $26,300, 87% below the Oklahoma median of $199,800 and 92% below the national median of $332,700. The median household earns $96,042 a year, so the median home costs 0.3 times the median income (3.1 times for Oklahoma). 58% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.

Felt at a glance

Felt Oklahoma U.S.
Median home value $26,300 $199,800 $332,700
Median property tax paid per year – $1,599 $3,119
Median household income $96,042 $65,039 $80,734
Homes lived in by their owners 58% 66% 65%
Owner homes with a mortgage 0% 54% 61%
Median monthly costs, owners with a mortgage – $1,539 $1,963
Median rent – $1,014 $1,413
Median year homes were built 1975 1980 1980
Vacant homes 69.4% 12.0% 10.1%
Population 117 4,028,634 334,922,499

How much equity Felt owners could borrow

Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Felt home of $26,300, 80% is $21,040.

100% of Felt owners have no mortgage at all, so they could borrow up to the full 80% limit.

If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.

Borrowing limit on a $26,300 home (80% to 85% of value)
Owe nothing$21,040 to $22,355
Owe $6,575$14,465 to $15,780
Owe $13,150$7,890 to $9,205
Owe $17,095$3,945 to $5,260

Before the lender's own limits, fees and your credit and income checks.

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Questions about home equity loans in Felt

What is the median home value in Felt?

About $26,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much can I borrow against my home in Felt?

Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $26,300, an 80% limit is $21,040 before subtracting your mortgage.

More about Felt

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data