Arvest Bank - Home Loan Nightmare
PRYOR, OKLAHOMA -- We applied for a home loan with Arvest bank. They "pre-Approved" us for 175,000.00 and this approval is good for 120 days. So we get a contract selling our current home which we reside in. We find a home and negotiate a contract it within 45 days of said "preapproval".
The day after we put up earnest money for the home we are going to purchase they took our pre approval away. They ran our credit for a 3rd time for S & G's I guess and it dinged my Wife's credit due to excessive credit checks and put her under their "threshold" so they told us to shop around....are you kidding??!!
We have sold our house and will not have a home in 30 days. Beware and stay away!!!!