Mortgage Programs

Home Financing

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

Home financing is available for varying terms and financing amounts. We currently offer residential financing in the following states: Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Louisiana, Massachusetts, Michigan, Minnesota, Missouri, North Carolina, Ohio, Oregon, South Carolina, Texas, Utah, Virginia, Washington, and Wisconsin.

Purchase Programs

Direct Fannie Mae and Freddie Mac lender
Fixed and Adjustable rates
Conforming loans up to $510,400
Super conforming up to $765,600
Jumbo loans up to $2 million.
Special first time home buyer programs
Low down payment with down payment assistance options*
FHA, VA loans
Rapid response pre-approvals

Renovation and Construction Loan Programs

FHA 203K Purchase and Refinance Renovation loans

Refinance Loan Programs

Fixed and Adjustable rates
Conforming loans up to $510,400, super conforming loans up to $765,600
Jumbo loans up to $2 million.
FHA, VA Loans
Debt consolidation loans. Pay off revolving dept, student loans, unsecured high interest loans etc.

*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 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.