Devon Bank closing costs and rates (2024)
In 2024, Devon Bank originated 296 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $5,637. That is $1,104 below the national median of $6,741. Devon Bank is most active in Illinois with 79 originations there.
Purchase Originations
296
Median Total Costs
$5,637
−16.4% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,544
Median Lender Credits
$192
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 296 | 6.750% | $5,637 | $1,544 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Illinois | 79 | 6.750% | $6,029 | #160 |
| Texas | 76 | 6.875% | $4,828 | #307 |
| Minnesota | 18 | 6.875% | $4,538 | — |
| California | 13 | 6.875% | $7,588 | — |
| Washington | 13 | 6.875% | $6,975 | — |
| Ohio | 9 | 7.000% | $4,606 | — |
| Virginia | 8 | 6.875% | $5,063 | — |
| Georgia | 7 | 6.625% | $4,700 | — |
| Missouri | 7 | 6.875% | $4,263 | — |
| North Carolina | 7 | 6.625% | $4,399 | — |
| Wisconsin | 7 | 6.875% | $3,962 | — |
| Florida | 6 | 6.875% | $3,973 | — |
| Arizona | 5 | 6.625% | $6,790 | — |
| Michigan | 5 | 6.875% | $4,060 | — |
| Oregon | 5 | 6.625% | $6,216 | — |
| Utah | 5 | 6.625% | $4,498 | — |
| Louisiana | 4 | 6.500% | $5,144 | — |
| Nebraska | 4 | 6.812% | $3,405 | — |
| Indiana | 3 | 6.875% | $2,579 | — |
| Tennessee | 3 | 7.000% | $4,680 | — |
| Kentucky | 2 | 5.562% | $7,065 | — |
| Massachusetts | 2 | 6.750% | $6,099 | — |
| New Hampshire | 2 | 6.875% | $4,183 | — |
| Pennsylvania | 2 | 6.750% | $5,986 | — |
| Alabama | 1 | 6.625% | $6,010 | — |
| Connecticut | 1 | 6.500% | $6,157 | — |
| Kansas | 1 | 6.250% | $7,658 | — |
| Oklahoma | 1 | 6.375% | $6,608 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,404 | 6.875% | — | 4 | −$2,233 | |
| 2 | $3,405 | 6.812% | — | 4 | −$2,232 | |
| 3 | $4,047 | 6.562% | — | 4 | −$1,590 | |
| 4 | $4,407 | 6.875% | — | 4 | −$1,230 | |
| 5 | $4,413 | 6.812% | — | 4 | −$1,224 | |
| 6 | $4,538 | 7.000% | — | 6 | −$1,099 | |
| 7 | $4,633 | 6.625% | — | 17 | −$1,004 | |
| 8 | $4,709 | 7.125% | — | 13 | −$928 | |
| 9 | $4,711 | 6.875% | — | 4 | −$926 | |
| 10 | $4,729 | 6.625% | — | 12 | −$908 | |
| 11 | $4,757 | 7.000% | — | 5 | −$880 | |
| 12 | $5,122 | 7.000% | — | 7 | −$515 | |
| 13 | $5,672 | 6.562% | — | 10 | +$35 | |
| 14 | $5,991 | 6.750% | — | 47 | +$354 | |
| 15 | $6,101 | 6.812% | — | 4 | +$464 | |
| 16 | $6,111 | 6.625% | — | 22 | +$474 | |
| 17 | $6,291 | 6.875% | — | 4 | +$654 | |
| 18 | $6,975 | 6.875% | — | 7 | +$1,338 | |
| 19 | $7,307 | 7.125% | — | 5 | +$1,670 | |
| 20 | $7,707 | 6.562% | — | 4 | +$2,070 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.