Arvest Bank recently announced that our mortgage division has originated total volume of more than $2 billion for the fourth consecutive year, and at the earliest point in company history.
Arvest’s total mortgage loan volume of $2,004,333,592 through May 26 represents a year-over-year increase of more than 29 percent.
“Reaching $2 billion in originations this early in the year is remarkable, but the number we are most proud of is the more than 9,100 customers – the majority of which are families – we have been able to help,” said Matt Kendall, president and CEO of Arvest’s mortgage division. “We appreciate their trust in us and want them to know we are here to help regardless of what their needs may be down the road.
“The credit really goes to our wonderful team of associates. Their dedication, sacrifice and adaptability, even as we are enjoying some measure of a return to normalcy, has been absolutely admirable.”
Arvest is unique among most local lenders in that we service 99 percent of our mortgage loans, meaning that customers make their payments to Arvest and work directly with Arvest for any needs after their loan closes. Arvest currently services more than 320,000 mortgage loans, totaling more than $62 billion.