Diversity • Respect • Service

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.

Syed Ali Khurrum

Ali Khurrum

Senior Vice President
National Islamic Finance
Thomas Oleary

Thomas OLeary

Senior Vice President
Mortgage Operations
Gabriela Roman

Gabriela Roman

Business Development Officer
CRA Loan Originator

NMLS# 799298
Jay Rottam

Jay Rottman

Business Development
Loan Originator

NMLS ID#1863739
Syed Khurrum Headshot 150x150

Syed Khurrum

Business Development
Loan Originator

NMLS ID#1748904

*Please do not send confidential information via e-mail

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