Build Your Dream Home
If you’re building your new home, a construction loan can help you finance costs throughout the project. Once your home has been finished, Arvest can provide permanent financing through Arvest Bank - Mortgage Division. Arvest services 99% of our mortgages, so you’ll continue to receive the same great Arvest service through the life of your mortgage.
Construction loans require a variety of qualifications and approvals throughout the construction of the home. Your Arvest representative can go over the details and help you determine if a construction loan is the best option for building your new home.
Benefits of a Construction Loan Include:
- Financing to suit your project
- Fixed-rate loans
- Interest-only payment options
- Finance construction, materials, home plans and/or land
- We can finance up to 100% of construction costs or 80% of appraised value