Central Mortgage Company/Arvest Bank
Central Mortgage Company, Rate Lock Fraud
On May 20 we entered into a 60-day rate lock agreement with Central Mortgage Company of Arkansas, a branch of Arvest Bank, to refinance our ARM held by them to a 30-year fixed rate of 4.875%. Prior to committing to the 60-day lock, we asked our rep, Jacob, if a 90-day lock would make more sense and ...