STK Homes Partners with Great Plains Bank

Edmond-based homebuilding company, STK Homes, recently announced their partnership with Great Plains Bank. This partnership includes a limited time special offer of a 4.99% interest rate, 6.684 Annual Percentage Rate (APR).

Great Plains Bank is a community bank focused on exceeding customer’s expectations and providing modern, convenient services. The mortgage advisors at Great Plains Bank are specialized in helping families achieve homeownership and providing exceptional customer service from pre-qualification to close.

“Solving problems along with bringing value to our partners, families, and communities isn’t just something we do, it’s in our DNA.  We will continue to focus on helping families across Oklahoma achieve homeownership by facing the concerns head on.  STK is a great partner because they don’t just build homes, they build communities,” said Michael Decker, EVP Director of Sales with Great Plains Bank.

For a limited time, on certain STK Homes, the partnership will offer a 4.99% interest rate to qualified borrowers with a 3:3 adjustable-rate mortgage.

The 4.99% interest rate is fixed for three years and will adjust every three years thereafter. After the initial three years the interest rate adjusts based on the ‘Wall Street Journal Prime Rate’ plus a 1% margin. Every three years the maximum adjustment is 2% and the lifetime maximum for adjustments is 6%.

“In this uncertain, rising interest rate environment, we’re excited to partner with Great Plains Bank. Adding this service is one of the many perks of being an STK Homes client”, said Madi McFarland with STK Homes.

Dr. T.K. Bhattacharya & Sanjit Bhattacharya founded STK Homes in November 2004 when they saw a need in Oklahoma for affordable, quality home development. Since then, the company’s reputation and resources have grown steadily across the state. STK Homes is now building in multiple locations in Oklahoma’s top rated school systems. STK doesn’t just build homes, they build communities.

Great Plains Bank is a subsidiary of Great Plains Bancshares Inc. Great Plains National Bank is FDIC insured and an Equal Opportunity.


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