Arvest Bank closing costs and rates (2024)
In 2024, Arvest Bank originated 5,174 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $4,240. That ranks #97 nationally by origination volume. For total closing costs among lenders with 500+ originations, Arvest Bank ranks #133. That is $2,501 below the national median of $6,741. Arvest Bank is most active in Arkansas with 2,341 originations there.
Purchase Originations
5,174
Ranked #97 nationally
Median Total Costs
$4,240
−37.1% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,385
Median Lender Credits
$708
Cost Rank (500+ vol.)
#133
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,885 | 6.750% | $3,824 | $1,203 |
| fha | 912 | 6.500% | $7,606 | $1,855 |
| va | 240 | 6.375% | $3,602 | $0 |
| usda | 137 | 6.500% | $5,494 | $2,091 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Arkansas | 2,341 | 6.625% | $4,013 | #1 |
| Oklahoma | 1,351 | 6.750% | $4,995 | #4 |
| Missouri | 878 | 6.750% | $3,624 | #15 |
| Kansas | 352 | 6.750% | $3,392 | #16 |
| Texas | 40 | 6.500% | $6,872 | — |
| Florida | 26 | 6.562% | $5,148 | — |
| Illinois | 14 | 6.625% | $6,246 | — |
| Tennessee | 13 | 6.875% | $5,365 | — |
| Georgia | 12 | 6.812% | $4,757 | — |
| North Carolina | 11 | 6.500% | $4,389 | — |
| Arizona | 9 | 6.625% | $6,916 | — |
| California | 9 | 6.875% | $6,583 | — |
| Indiana | 9 | 6.875% | $3,512 | — |
| Nevada | 9 | 6.875% | $5,824 | — |
| Virginia | 8 | 6.500% | $4,489 | — |
| Minnesota | 7 | 6.500% | $4,250 | — |
| Nebraska | 7 | 6.625% | $3,464 | — |
| Alabama | 6 | 6.312% | $3,248 | — |
| Iowa | 6 | 6.688% | $2,233 | — |
| Michigan | 6 | 7.125% | $4,041 | — |
| Pennsylvania | 6 | 6.562% | $4,592 | — |
| Colorado | 5 | 6.500% | $3,534 | — |
| Kentucky | 5 | 7.000% | $3,665 | — |
| Mississippi | 5 | 7.000% | $5,125 | — |
| Ohio | 5 | 6.750% | $5,142 | — |
| Washington | 5 | 6.500% | $6,388 | — |
| South Carolina | 4 | 6.625% | $4,452 | — |
| Louisiana | 3 | 6.125% | $6,613 | — |
| New Jersey | 3 | 6.625% | $5,672 | — |
| Wisconsin | 3 | 6.625% | $5,722 | — |
| Idaho | 2 | 6.438% | $12,140 | — |
| Montana | 2 | 6.688% | $5,425 | — |
| New Mexico | 2 | 6.750% | $3,397 | — |
| South Dakota | 2 | 6.812% | $3,019 | — |
| Utah | 2 | 6.312% | $3,194 | — |
| Connecticut | 1 | 6.500% | $8,686 | — |
| District of Columbia | 1 | 6.500% | $7,869 | — |
| Massachusetts | 1 | 6.750% | $10,864 | — |
| Oregon | 1 | 7.500% | $9,071 | — |
| Vermont | 1 | 6.625% | $14,599 | — |
| West Virginia | 1 | 5.250% | $5,272 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,224 | 6.688% | — | 210 | −$1,016 | |
| 2 | $3,232 | 6.625% | — | 170 | −$1,008 | |
| 3 | $3,681 | 6.875% | — | 118 | −$559 | |
| 4 | $3,788 | 6.750% | — | 109 | −$452 | |
| 5 | $3,814 | 6.750% | — | 131 | −$426 | |
| 6 | $3,826 | 6.625% | — | 641 | −$414 | |
| 7 | $3,829 | 6.750% | — | 60 | −$411 | |
| 8 | $3,864 | 6.750% | — | 387 | −$376 | |
| 9 | $3,927 | 6.750% | — | 263 | −$313 | |
| 10 | $3,952 | 6.750% | — | 59 | −$288 | |
| 11 | $4,479 | 6.688% | — | 96 | +$239 | |
| 12 | $4,545 | 6.625% | — | 60 | +$305 | |
| 13 | $4,616 | 6.750% | — | 186 | +$376 | |
| 14 | $4,861 | 6.750% | — | 178 | +$621 | |
| 15 | $4,907 | 6.500% | — | 75 | +$667 | |
| 16 | $5,004 | 6.875% | — | 51 | +$764 | |
| 17 | $5,087 | 6.750% | — | 404 | +$847 | |
| 18 | $5,701 | 6.625% | — | 53 | +$1,461 | |
| 19 | $5,736 | 6.625% | — | 105 | +$1,496 | |
| 20 | $6,132 | 6.875% | — | 75 | +$1,892 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.