YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Arvest surpasses $2B in new mortgages earlier than ever 

Posted online

Arvest Bank yesterday announced its mortgage division passed $2 billion in volume for the fourth consecutive year. Officials say it’s the earliest in a calendar year the Bentonville, Arkansas-based bank has met the benchmark.  

Arvest’s total mortgage loan volume of over $2 billion through May 26 represents a year-over-year increase of more than 29%, according to a news release. 

“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, in the release.  

In Springfield, Arvest made 360 loans totaling $65.9 million through May 26. 

Across its multistate footprint, Arvest services more than 320,000 mortgage loans totaling more than $62 billion. 

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
SBJ unveils 2022 class of 40 Under 40

Since its 1999 debut, the awards program has honored individuals under the age of 40 for their professional and civic work.

Most Read