FAYETTEVILLE, Arkansas – Arvest Bank announced that its mortgage division has originated more than $1 billion in mortgage loans for the 17th year in a row. That includes both purchase-money and refinance loans. This is the earliest the bank has reached the $1 billion mark since 2013.
“We are absolutely privileged to assist thousands of customers with their mortgage needs, whether that’s purchasing or refinancing a home,” said Steven Plaisance, president and chief executive officer of Arvest’s mortgage division. “Our activity has been driven by purchase-money this year, which is a positive sign for the territories we serve.
“Our team takes great joy in all of our customer successes, but helping families buy their first home and assisting veterans and active servicemen and servicewomen are definite highlights.”
Arvest reached the $1 billion mark 11 days sooner than it did last year. As of June 18, Arvest had closed a total of 5,148 loans with a total loan value of $1,002,574,734. In 2018, the bank reached the $1 billion mark on June 29.