Mortgage Programs

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At Devon Bank we offer many types of home financing to meet your goals.
Community banking with personal service delivering national mortgage programs.

Purchase Programs

• Direct Fannie Mae and Freddie Mac lender
• Fixed and Adjustable rates
• Conforming loans up to $417,000
• Jumbo loans up to two million.
• Special first time home buyer programs
• Low down payment with down payment assistance options*
• FHA, VA and Rural Development loans
• Rapid response pre-approvals

Renovation and Construction Loan Programs

• FHA 203K Purchase and Refinance Renovation loans
• FHA 203B repair escrow HUD REO

Refinance Loan Programs

• Fixed and Adjustable rates
• Conforming loans up to $417,000
• Jumbo loans up to two million.
• FHA, VA Rural Development Loans
• HARP loan’s
• Debt consolidation loans. Pay off revolving dept, student loans, unsecured high interest loans etc.

 

To contact a lender today press here.

 

*Must meet Down Payment Program assistance guidelines including but not limited to:
Earn household income at or below 80% of the HUD median income of the area in which the property is located.
Obtain first mortgage financing through a Devon bank.
Contribute a minimum of $1000 of your own funds toward the purchase of the home.
Complete a homebuyer counseling program prior to closing.
We offer programs with down payments as low as 3% for qualified buyers, and we have many offerings that don’t require PMI (like piggy back loans and second mortgages).