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.
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 two million
- Special first time home buyer programs
- Low down payment with down payment assistance options*
- FHA loans
- 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 loans
- 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.