Arvest Bank Application, Originator, Mortgage Broker Complaints

Review and analysis of over 14 complaints against Arvest Bank

Arvest Bank consumers have reported over 14 official complaints related to Application, originator, mortgage broker. Out of the 14 consumer complaints against Arvest Bank, 43% were disputed by the consumer (i.e. the consumer was not happy with how Arvest Bank responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Arvest Bank resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 7% resulted in non-monetary compensation.

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New Application, Originator, Mortgage Broker Consumer Complaints


Arvest Bank Mortgage application, originator, mortgage broker

May 12, 2016 - On -/-/- I contacted - - who is a loan officer for Arvest Bank ; who is also my current mortgage lender, regarding a FHA Streamline refinanace at a current rate of 3.50 %. My current interest rate with Arvest Bank is 5 %, and the mortgage term is 30yr. I initially asked for a 15yr term with a fixed rate, but he advised that my payment would raise $50.00 dollars higher than my current mortgage payment and that I would not be permitted to do a FHA streamline refinance unless the payment is lower than my current payment. He then advised me to do a 30yr term, but I requested that ...

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