I was denied the loss mitigation option I preferred by my previous mortgage servicer. Can I be reviewed for that option with Arvest Bank?
Arvest Bank is only required to evaluate borrowers for loss mitigation options they’re eligible for. Loss mitigation options and eligibility requirements vary based on many factors, including but not limited to investor requirements, internal policy, loan type, the severity of delinquency, previous loss mitigation options exercised, the extent of any remaining hardship (short-term or long-term) and the consumer’s repayment ability, all of which are subject to change. Arvest Bank provides meaningful opportunities for all borrowers to participate in any available loss mitigation options within the guidelines established by the aforementioned factors.
To discuss options and request an application, please contact our Homeowner's Assistance Department directly at (800) 366-2132 ext. 5609 or you may email us from our contact form.
