The company itself services a variety of home loans offered by Arvest Mortgage. Look around for the best credit deals and apply online right now.
Contents
- 1 Arvest Mortgage: Home Loans and Services
- 2 Why Choose Arvest Mortgage?
- 3 Loan Services and Features
- 4 Achievements and Effects on the Community
- 5 Arvest Mortgage: Commitment to Financial Stability and Growth
- 6 Tools and Information for Mortgages
- 7 How to Apply for a Mortgage with Arvest
- 8 Building Trust with Long-Term Customers
- 9 Last Thoughts
Arvest Mortgage: Home Loans and Services
Arvest Bank, a regional financial powerhouse, is known for offering a wide range of mortgage options. If you want to buy a home for the first time or refinance, Arvest’s mortgage division has options that are flexible and focused on you.
Why Choose Arvest Mortgage?
1. Wide Range of Loan Options
Arvest offers many types of loans, such as standard mortgages, FHA loans, VA loans, loans for rural development, and more. You can find a loan that fits your needs among these options, whether you’re buying your first home or refinancing a current one. Arvest also has a lot of experience with building loans and home equity loans, giving people with different financial needs even more options.
2. Local Service and Nationwide Reach
One great thing about Arvest Mortgage is that it cares about neighbourhood service. Arvest services 99% of its loans in-house, which is different from many other big lenders. This means that customers can count on them for long-term mortgage assistance and service. This is important because it provides you with security and consistency throughout your loan. The bank currently services over 320,000 home loans valued at over $62 billion. This shows how reliable and trusted it is in the market.
3. Industry-Leading Technology
Arvest makes getting a mortgage as simple as possible by giving you tools like the Arvest Home4MeTM app. People who want to get a mortgage can use the app to get pre-approved, apply, and keep track of their application online. This makes it easy for busy people to handle their mortgage process online while still getting personal help from Arvest’s loan officers.
Loan Services and Features
1. Loans for first-time home buyers
Finding a mortgage can be challenging for first-time sellers because of all the rules and requirements. Arvest makes it easier by offering loan programs specifically for first-time buyers, such as FHA loans and other government-backed options. They also offer financial education tools and apps to help buyers figure out what kinds of loans they can get and how much they can afford.
2. Choices for Refinancing
If you refinance your mortgage with Arvest, they may be able to lower your interest rate or change your loan’s terms. Arvest has many options for refinancing, whether you want to shorten the length of your loan, change from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage, or just lower your monthly payment.
3. Loans for specific things
Arvest offers VA loans to veterans and their families, FHA loans to people with inadequate credit, and USDA rural development loans for people with unique needs. Many people can use these goods due to their special features, such as lower down payments and less strict credit requirements.
4. Focussing on the Customer
Arvest is different from other lending companies because they put the customer first. Matt Kendall, head of Arvest’s Mortgage Division, says that the company is proud to help families buy their own homes, no matter how much money they have. Because Arvest handles loans in-house, customers can get help directly from the company when they need it. This is important for keeping customers satisfied and trusting throughout the life of a mortgage.
Achievements and Effects on the Community
In the past few years, Arvest Mortgage has reached some big goals. The company originated more than $2 billion worth of mortgage loans in 2021, making it the fourth year in a row that it had done so. This demonstrates not only how much Arvest has grown, but also how much it wants to help families and individuals become homeowners. Because of this work, Arvest has become a provider that people in Arkansas, Oklahoma, Missouri, and Kansas trust.
Arvest Mortgage: Commitment to Financial Stability and Growth
Interest Rates that are Competitive
Arvest Mortgage has low interest rates, which makes it a favorable choice for people who want to buy a home or refinance their current loan. Arvest makes sure that its customers can get rates that are often lower than the national average because the rates it offers are very competitive right now. Also, Arvest’s mortgage loan officers work closely with clients to make sure they get the best rates possible based on their finances and credit history.
Interest rates change constantly, and Arvest shows how flexible it is by changing its products to stay competitive. One reason Arvest has stayed strong in the mortgage loan market over the years is that it can change with the times.
A Standout Service for Loans
Loan servicing is an important part of getting a mortgage. Arvest handles almost all of its loans in-house, which is different from many other mortgage lenders. This implies that Arvest will not transfer your loan to a third-party servicer upon its repayment. You will still work directly with Arvest for any questions, problems, or payment plans that arise during the loan’s life. This kind of in-house servicing is especially helpful because it builds a long-term relationship between the borrower and the provider, which leads to more personalised and quick customer service.
Customers also like that they can easily keep track of their payments and balances by paying their mortgage straight to Arvest through their safe online platform. The bank also helps borrowers handle their mortgages well by offering automatic payment options and other tools.
Tools and Information for Mortgages
Arvest Mortgage knows how challenging it can be to get a Mortgage, especially for people who are buying their first home. In order to make the process easier, Arvest provides a number of training tools and resources that can help buyers make smart choices.
1. Mortgage lenders
Arvest’s website has a full set of mortgage tools that can help people who want to buy a home figure out their monthly payments, compare loan types, and see how things like interest rates and loan terms affect the total cost. These tools are especially helpful for first-time buyers who might not know all the costs that come with buying a house.
2. Learning about money
In addition to calculators, Arvest has online articles and guides on topics like improving credit scores, knowing mortgage terms, and getting ready for the homebuying process. Anyone can use these tools, even if they’re not Arvest customers. They demonstrate that the bank is dedicated to teaching people about money and providing them with power.
3. Customized Help with Loans
One-on-one meetings with loan officers are available at Arvest for people who want a more personal touch. Arvest has a team of experienced professionals who can help you through every step of the process, whether you’re just starting to look for a home or have specific questions about your finances.
How to Apply for a Mortgage with Arvest
The process of applying for a mortgage with Arvest is easy. People who want to borrow money can start the application process online with Arvest’s easy-to-use tool, or they can make an appointment to meet with a loan officer in person for help. Follow these steps to complete the application:
1: Get pre-qualified
- It’s the first thing you need to do to get a mortgage. This means providing simple financial information, such as your income, assets, and debts. When you get prequalified, you know how much you can borrow, which speeds up the home-buying process by allowing you to shop with security.
2: Send in a Full Application
- After you find a house, you need to fill out a full credit application. Arvest’s online platform makes it easy because you can send all the required documents electronically. You will have to show a lot of financial documents, like tax returns, bank bills, and proof that you have a job. Arvest’s mortgage team will then review it and guide you through the next steps.
3: Process the loan and review it.
- After you send in your application, Arvest’s screening team will carefully look over your finances. At this point, they might ask for more information or proof about certain parts of your application. After the underwriting process is over, Arvest will give you a loan quote that spells out the costs and terms of your mortgage.
4. Close the deal
- If your loan is accepted. Arvest will assist you and your real estate agent in deciding on a closing date. At the closing, you will sign all of the necessary papers, and then the deal is over and you will own your new home.
Building Trust with Long-Term Customers
Arvest’s consistently high customer satisfaction ratings demonstrate that the company cares about its customers in more ways than just the point of sale. Arvest builds long-term connections with its clients by servicing loans in-house and providing a wide range of personalized financial solutions. Many of these clients return for future financial needs, like refinancing or home equity loans.
Arvest cares not only about its customers, but also about the communities it helps. The bank is very involved in the areas in which it conducts business. It frequently participates in local events, charitable projects, and financial education programs.
Last Thoughts
Arvest Mortgage is a favorable choice for people who want a dependable mortgage company that offers many loan options and has a stellar customer service history. In the competitive mortgage business, they stand out because of their local service, state-of-the-art technology, and commitment to helping customers through the whole loan process.
Arvest Mortgage is a wonderful choice for both first-time homebuyers and experienced homeowners. They have a stellar reputation for customer service, a wide range of loan products, low interest rates, and cutting-edge technology. Borrowers can count on Arvest for ongoing help for as long as their loan is outstanding, thanks to its dedication to in-house servicing. Arvest is also a trusted partner in the homebuying process because it is committed to teaching people about money and getting involved in the community.
