What loan types does Devon Bank offer?

Devon Bank offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

Where does Devon Bank offer mortgages?

Devon Bank offers mortgages in 28 states: AL, AZ, CA, CT, FL, GA, IL, IN, KS, KY, LA, MA, MI, MN, MO, NC, NE, NH, OH, OK, OR, PA, TN, TX, UT, VA, WA, WI.

How competitive are Devon Bank's mortgage rates?

Devon Bank has an overall pricing score of 43/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Devon Bank?

Devon Bank is a Bank headquartered in Chicago, IL.

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Devon Bank

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Devon Bank has 318 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Sound

3/5

Conventional

Place

Sound

3/5

Near-National · 4 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Nationwide availability with consistent service

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Devon Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

+27.6 bps above market avg

3/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

317 loans · 0.28% above market

Sound

Top 60% of lenders

3/5

By Loan Purpose· Transaction purpose mix

Purchase

299 loans · 0.29% above market

Sound

Top 60% of lenders

3/5

Refinance

19 loans · 0.08% above market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Near-National · 4 markets

Sound

Top 60% of lenders

3/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Acceptable	Sound	Sound	Acceptable	317	99.7%	+0.281%Above	$2,039Fees

Conventional

Overall

Acceptable

Product

Sound

Pricing

Sound

Pull Through

Acceptable

Volume317

Mix99.7%

Spread

+0.281%Above

Fees

$2,039Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Sound	Sound	Acceptable	299	94.0%	+0.289%Above	$2,079Fees
Refinance	Acceptable	Acceptable	—	Acceptable	19	6.0%	+0.083%Above	$1,457Fees

Purchase

Overall

Acceptable

Product

Sound

Pricing

Sound

Pull Through

Acceptable

Volume299

Mix94.0%

Spread

+0.289%Above

Fees

$2,079Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through

Acceptable

Volume19

Mix6.0%

Spread

+0.083%Above

Fees

$1,457Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

318

Applications

556

Volume

$131 million

Pricing & Closing

Avg Rate Spread

+0.276%

vs. market APOR

Avg Net Fees

$2,041

Origination − Credits

Pullthrough Rate

57.2%

Applications → Closed

Typical Borrower

Avg Loan Amount

$412,956

Avg Borrower Income

$159,918

Avg Property Value

$527,579

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

28Full-year 2024 · HMDA

Loans originated

< 1010–2020+None

Northeast4

CTMANHPA

Midwest9

ILINKSMIMNMONEOHWI

South10

ALFLGAKYLANCOKTNTXVA

West5

AZCAORUTWA

Top Metro Areas by Place Specialization Score

1© John Picken; derivative by Georgfotoart · CC BY 2.0

Chicago, ILMetro

Volume 79Mix 24.84% of portfolio

65/100

Strong

Dallas, TXMetro

Volume 31Mix 9.75% of portfolio

54/100

Sound

Houston, TXMetro

Volume 31Mix 9.75% of portfolio

53/100

Sound

Minneapolis, MN-WIMetro

Volume 18Mix 5.66% of portfolio

48/100

Sound

Top States by Place Specialization Score

IllinoisState

Volume 86Mix 27.04% of portfolio

64/100

Strong

TexasState

Volume 81Mix 25.47% of portfolio

58/100

Sound

MinnesotaState

Volume 18Mix 5.66% of portfolio

47/100

Sound

WashingtonState

Volume 14Mix 4.40% of portfolio

44/100

Sound

CaliforniaState

Volume 16Mix 5.03% of portfolio

42/100

Sound

OhioState

Volume 10Mix 3.14% of portfolio

39/100

Acceptable

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.