FHA, VA & Rural Development Loans from Arvest
Get Into Your New Home for Less
Whether you’re buying your first home or making your next move, government-backed loan programs can make homeownership more affordable. FHA, VA and Rural Development loans offer flexible requirements and low or no down payment options—helping you get into a home for less money upfront.
These loan programs are available through Arvest. Our experienced mortgage lenders are here to guide you, whether you’re just starting your homebuying journey or planning your next home. We’ll help you explore FHA, VA and Rural Development options to find the best mortgage for your needs.
FHA Loans
FHA Loans are backed by the Federal Housing Administration. These loans are a popular option for first-time homebuyers and repeat buyers alike, especially those with limited savings. FHA loans offer more lenient qualification standards and competitive interest rates. Benefits of an FHA loan include:
- Low down payment
- Limited closing costs
- No prepayment penalty
- Assumable loans
- Low cost Streamline Refinance
VA Loans
VA Loans are backed by the U.S. Department of Veterans Affairs. Designed for eligible veterans, active-duty service members and surviving spouses, these loans help make homeownership more accessible, whether you’re purchasing your first home or refinancing an existing one. VA loans offer a number of unique benefits to veterans, including:
- As low as zero down on purchases for qualified veterans
- Up to 100% financing available for purchases
- No monthly mortgage insurance (VA funding fee required)
- Up to 30-year loan term with fixed interest rate
Rural Development Loans
Rural Development loans are backed by the U.S. Department of Agriculture. Ideal for buyers looking to settle in qualifying rural and suburban areas, these loans support affordable housing with favorable terms. Benefits of a Rural Development loan include:
- Zero down payment
- 100% financing for Rural Development-eligible properties
- Minimal monthly mortgage insurance
