Devon Bank Mortgage Lending & HMDA Data, 2021

In 2021, Devon Bank of Chicago, IL reported 1,719 mortgage applications totaling $600.0 million, up 25% from 2020. The average application was for $349,025, and applicants reported an average income of $144,873. 63% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Chicago-Naperville, IL (392), Minneapolis-St. Paul-Bloomington, MN-WI (165) and Dallas-Plano-Irving, TX (129) (applications in parentheses).

Mortgage Company & Address Devon Bank
6445 N Western Avenue
Chicago, IL 60645
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,719
Total Mortgage Loan Application Amount $599,975,000
Average Mortgage Loan Application Amount $349,025
Highest Mortgage Loan Application Amount $2,975,000
Average Applicant Income $144,873
Highest Applicant Income $4,252,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Devon Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Devon Bank by County in 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cook, Illinois 267 $ 77,495,000 $ 290,243 $ 127,000
King, Washington 92 $ 46,590,000 $ 506,413 $ 145,000
DuPage, Illinois 90 $ 24,660,000 $ 274,000 $ 140,000
Collin, Texas 68 $ 25,790,000 $ 379,264 $ 152,000
Los Angeles, California 65 $ 33,805,000 $ 520,076 $ 193,000
Harris, Texas 62 $ 16,820,000 $ 271,290 $ 170,000
Dakota, Minnesota 53 $ 18,695,000 $ 352,735 $ 95,000
Dallas, Texas 47 $ 13,825,000 $ 294,148 $ 130,000
Hennepin, Minnesota 46 $ 15,530,000 $ 337,608 $ 139,000
Jefferson, Kentucky 42 $ 9,030,000 $ 215,000 $ 60,000
Orange, California 39 $ 21,895,000 $ 561,410 $ 228,000
Will, Illinois 31 $ 9,055,000 $ 292,096 $ 128,000
Fort Bend, Texas 31 $ 9,035,000 $ 291,451 $ 120,000
Alameda, California 29 $ 14,395,000 $ 496,379 $ 187,000
Contra Costa, California 27 $ 13,605,000 $ 503,888 $ 177,000
Riverside, California 26 $ 10,190,000 $ 391,923 $ 179,000
San Joaquin, California 23 $ 9,545,000 $ 415,000 $ 129,000
Santa Clara, California 23 $ 14,385,000 $ 625,434 $ 192,000
Anoka, Minnesota 23 $ 8,315,000 $ 361,521 $ 82,000
Maricopa, Arizona 20 $ 5,570,000 $ 278,500 $ 125,000
San Bernardino, California 20 $ 8,940,000 $ 447,000 $ 162,000
Snohomish, Washington 20 $ 9,310,000 $ 465,500 $ 134,000
Sacramento, California 19 $ 6,385,000 $ 336,052 $ 94,000
Lake, Illinois 19 $ 4,015,000 $ 211,315 $ 161,000
Fairfax, Virginia 19 $ 8,515,000 $ 448,157 $ 151,000
San Diego, California 18 $ 8,680,000 $ 482,222 $ 129,000
Scott, Minnesota 18 $ 6,460,000 $ 358,888 $ 87,000
Wayne, Michigan 17 $ 4,945,000 $ 290,882 $ 130,000
Bexar, Texas 17 $ 5,035,000 $ 296,176 $ 250,000
Franklin, Ohio 16 $ 5,660,000 $ 353,750 $ 106,000
Jefferson, Louisiana 14 $ 3,560,000 $ 254,285 $ 107,000
Arapahoe, Colorado 13 $ 4,735,000 $ 364,230 $ 167,000
Washington, Minnesota 11 $ 3,675,000 $ 334,090 $ 90,000
Wake, North Carolina 11 $ 3,305,000 $ 300,454 $ 126,000
Williamson, Texas 11 $ 3,685,000 $ 335,000 $ 145,000
Guilford, North Carolina 10 $ 2,060,000 $ 206,000 $ 74,000
Ventura, California 9 $ 4,395,000 $ 488,333 $ 222,000
East Baton Rouge, Louisiana 9 $ 2,445,000 $ 271,666 $ 61,000
Oakland, Michigan 9 $ 2,015,000 $ 223,888 $ 136,000
Washington, Oregon 9 $ 3,505,000 $ 389,444 $ 132,000
Denton, Texas 9 $ 2,615,000 $ 290,555 $ 128,000
Dane, Wisconsin 9 $ 2,475,000 $ 275,000 $ 171,000
Ramsey, Minnesota 8 $ 1,990,000 $ 248,750 $ 76,000
Fulton, Georgia 7 $ 1,645,000 $ 235,000 $ 162,000
Kane, Illinois 7 $ 1,355,000 $ 193,571 $ 112,000
Travis, Texas 7 $ 2,045,000 $ 292,142 $ 360,000
Salt Lake, Utah 7 $ 3,295,000 $ 470,714 $ 189,000
Prince William, Virginia 7 $ 2,975,000 $ 425,000 $ 122,000
Milwaukee, Wisconsin 7 $ 1,595,000 $ 227,857 $ 147,000
Olmsted, Minnesota 6 $ 1,600,000 $ 266,666 $ 77,000
Tarrant, Texas 6 $ 1,640,000 $ 273,333 $ 104,000
Marion, Indiana 5 $ 965,000 $ 193,000 $ 76,000
Carver, Minnesota 5 $ 1,695,000 $ 339,000 $ 148,000
Fresno, California 4 $ 1,330,000 $ 332,500 $ 1,144,000
Solano, California 4 $ 1,620,000 $ 405,000 $ 132,000
Denver, Colorado 4 $ 1,820,000 $ 455,000 $ 299,000
Douglas, Colorado 4 $ 1,450,000 $ 362,500 $ 180,000
Broward, Florida 4 $ 2,030,000 $ 507,500 $ 111,000
St. Johns, Florida 4 $ 1,040,000 $ 260,000 $ 248,000
McHenry, Illinois 4 $ 1,680,000 $ 420,000 $ 136,000
Hamilton, Indiana 4 $ 1,180,000 $ 295,000 $ 121,000
Boone, Kentucky 4 $ 820,000 $ 205,000 $ 93,000
Clay, Missouri 4 $ 1,530,000 $ 382,500 $ 300,000
St. Louis, Missouri 4 $ 1,210,000 $ 302,500 $ 155,000
Douglas, Nebraska 4 $ 1,080,000 $ 270,000 $ 101,000
Tulsa, Oklahoma 4 $ 1,040,000 $ 260,000 $ 128,000
Montgomery, Texas 4 $ 1,230,000 $ 307,500 $ 229,000
Pierce, Washington 4 $ 2,280,000 $ 570,000 $ 121,000
El Dorado, California 3 $ 1,445,000 $ 481,666 $ 237,000
Hartford, Connecticut 3 $ 1,455,000 $ 485,000 $ 137,000
New Haven, Connecticut 3 $ 925,000 $ 308,333 $ 132,000
Lake, Florida 3 $ 695,000 $ 231,666 $ 75,000
Caddo, Louisiana 3 $ 605,000 $ 201,666 $ 45,000
Butler, Ohio 3 $ 905,000 $ 301,666 $ 98,000
Oklahoma, Oklahoma 3 $ 535,000 $ 178,333 $ 100,000
Allegheny, Pennsylvania 3 $ 975,000 $ 325,000 $ 274,000
Charleston, South Carolina 3 $ 765,000 $ 255,000 $ 100,000
Brazoria, Texas 3 $ 985,000 $ 328,333 $ 118,000
Hunt, Texas 3 $ 475,000 $ 158,333 $ 97,000
Whatcom, Washington 3 $ 1,045,000 $ 348,333 $ 250,000
Jefferson, Alabama 2 $ 700,000 $ 350,000 $ 115,000
Pima, Arizona 2 $ 650,000 $ 325,000 $ 211,000
Marin, California 2 $ 620,000 $ 310,000 $ 162,000
San Francisco, California 2 $ 1,230,000 $ 615,000 $ 95,000
Hillsborough, Florida 2 $ 760,000 $ 380,000 $ 110,000
Orange, Florida 2 $ 440,000 $ 220,000 $ 47,000
Palm Beach, Florida 2 $ 410,000 $ 205,000 $ 272,000
Seminole, Florida 2 $ 860,000 $ 430,000 $ 195,000
Chatham, Georgia 2 $ 540,000 $ 270,000 $ 117,000
Kendall, Illinois 2 $ 600,000 $ 300,000 $ 127,000
Peoria, Illinois 2 $ 610,000 $ 305,000 $ 319,000
Lake, Indiana 2 $ 430,000 $ 215,000 $ 80,000
Warren, Kentucky 2 $ 300,000 $ 150,000 $ 28,000
Bossier, Louisiana 2 $ 530,000 $ 265,000 $ 54,000
Orleans, Louisiana 2 $ 270,000 $ 135,000 $ 81,000
Middlesex, Massachusetts 2 $ 970,000 $ 485,000 $ 176,000
Gratiot, Michigan 2 $ 160,000 $ 80,000 $ 36,000
Jackson, Missouri 2 $ 260,000 $ 130,000 $ 205,000
Jasper, Missouri 2 $ 420,000 $ 210,000 $ 266,000
Durham, North Carolina 2 $ 470,000 $ 235,000 $ 86,000
Mecklenburg, North Carolina 2 $ 710,000 $ 355,000 $ 197,000
Delaware, Ohio 2 $ 600,000 $ 300,000 $ 90,000
Greene, Ohio 2 $ 520,000 $ 260,000 $ 77,000
Multnomah, Oregon 2 $ 1,100,000 $ 550,000 $ 167,000
Bucks, Pennsylvania 2 $ 570,000 $ 285,000 $ 145,000
Davidson, Tennessee 2 $ 690,000 $ 345,000 $ 74,000
Galveston, Texas 2 $ 140,000 $ 70,000 $ 206,000
Rockwall, Texas 2 $ 840,000 $ 420,000 $ 163,000
Loudoun, Virginia 2 $ 800,000 $ 400,000 $ 121,000
Baldwin, Alabama 1 $ 215,000 $ 215,000 $ 90,000
Colbert, Alabama 1 $ 195,000 $ 195,000 $ 40,000
Mobile, Alabama 1 $ 365,000 $ 365,000 $ 77,000
Pinal, Arizona 1 $ 255,000 $ 255,000 $ 84,000
Kern, California 1 $ 705,000 $ 705,000 $ 141,000
Monterey, California 1 $ 305,000 $ 305,000 $ 77,000
Placer, California 1 $ 595,000 $ 595,000 $ 194,000
Sonoma, California 1 $ 625,000 $ 625,000 $ 125,000
Yolo, California 1 $ 455,000 $ 455,000 $ 108,000
Adams, Colorado 1 $ 545,000 $ 545,000 $ 125,000
El Paso, Colorado 1 $ 505,000 $ 505,000 $ 928,000
Jefferson, Colorado 1 $ 335,000 $ 335,000 $ 36,000
Brevard, Florida 1 $ 375,000 $ 375,000 $ 128,000
Escambia, Florida 1 $ 385,000 $ 385,000 $ 273,000
Miami-Dade, Florida 1 $ 265,000 $ 265,000 $ 225,000
Polk, Florida 1 $ 225,000 $ 225,000 $ 39,000
Sarasota, Florida 1 $ 475,000 $ 475,000 $ 296,000
Cobb, Georgia 1 $ 385,000 $ 385,000 $ 150,000
Dougherty, Georgia 1 $ 255,000 $ 255,000 $ 180,000
Gwinnett, Georgia 1 $ 295,000 $ 295,000 $ 108,000
DeKalb, Illinois 1 $ 375,000 $ 375,000 $ 176,000
Sangamon, Illinois 1 $ 515,000 $ 515,000 $ 154,000
Stephenson, Illinois 1 $ 255,000 $ 255,000 $ 141,000
Boone, Indiana 1 $ 325,000 $ 325,000 $ 126,000
Hendricks, Indiana 1 $ 275,000 $ 275,000 $ 65,000
Johnson, Indiana 1 $ 245,000 $ 245,000 $ 225,000
Tippecanoe, Indiana 1 $ 265,000 $ 265,000 $ 75,000
Hardin, Kentucky 1 $ 195,000 $ 195,000 $ 87,000
Lincoln, Louisiana 1 $ 195,000 $ 195,000 $ 67,000
Essex, Massachusetts 1 $ 415,000 $ 415,000 $ 139,000
Suffolk, Massachusetts 1 $ 645,000 $ 645,000 $ 126,000
Berrien, Michigan 1 $ 135,000 $ 135,000 $ 114,000
Eaton, Michigan 1 $ 115,000 $ 115,000 $ 282,000
Ingham, Michigan 1 $ 65,000 $ 65,000 $ 204,000
Kent, Michigan 1 $ 125,000 $ 125,000 $ 103,000
Macomb, Michigan 1 $ 65,000 $ 65,000 $ 102,000
Midland, Michigan 1 $ 225,000 $ 225,000 $ 125,000
Washtenaw, Michigan 1 $ 285,000 $ 285,000 $ 60,000
Benton, Minnesota 1 $ 285,000 $ 285,000 $ 69,000
Kandiyohi, Minnesota 1 $ 175,000 $ 175,000 $ 32,000
Sherburne, Minnesota 1 $ 285,000 $ 285,000 $ 75,000
Stearns, Minnesota 1 $ 285,000 $ 285,000 $ 63,000
Boone, Missouri 1 $ 285,000 $ 285,000 $ 30,000
Newton, Missouri 1 $ 275,000 $ 275,000 $ 250,000
St. Charles, Missouri 1 $ 185,000 $ 185,000 $ 120,000
Hall, Nebraska 1 $ 285,000 $ 285,000 $ 45,000
Clark, Nevada 1 $ 205,000 $ 205,000 $ 1,260,000
Harnett, North Carolina 1 $ 115,000 $ 115,000 $ 56,000
Iredell, North Carolina 1 $ 335,000 $ 335,000 $ 70,000
Johnston, North Carolina 1 $ 305,000 $ 305,000 $ 66,000
Grand Forks, North Dakota 1 $ 225,000 $ 225,000 $ 146,000
Cuyahoga, Ohio 1 $ 515,000 $ 515,000 $ 422,000
Lorain, Ohio 1 $ 265,000 $ 265,000 $ 400,000
Lucas, Ohio 1 $ 225,000 $ 225,000 $ 55,000
Medina, Ohio 1 $ 275,000 $ 275,000 $ 127,000
Warren, Ohio 1 $ 455,000 $ 455,000 $ 119,000
Canadian, Oklahoma 1 $ 335,000 $ 335,000 $ 138,000
Clackamas, Oregon 1 $ 165,000 $ 165,000 $ 131,000
Lane, Oregon 1 $ 185,000 $ 185,000 $ 71,000
Cumberland, Pennsylvania 1 $ 135,000 $ 135,000 $ 172,000
Delaware, Pennsylvania 1 $ 305,000 $ 305,000 $ 82,000
Lehigh, Pennsylvania 1 $ 265,000 $ 265,000 $ 298,000
Lexington, South Carolina 1 $ 295,000 $ 295,000 $ 105,000
Shelby, Tennessee 1 $ 255,000 $ 255,000 $ 105,000
Williamson, Tennessee 1 $ 505,000 $ 505,000 $ 240,000
Comal, Texas 1 $ 255,000 $ 255,000 $ 624,000
Jefferson, Texas 1 $ 135,000 $ 135,000 $ 42,000
Navarro, Texas 1 $ 215,000 $ 215,000 $ 96,000
Wichita, Texas 1 $ 335,000 $ 335,000 $ 79,000
Tooele, Utah 1 $ 475,000 $ 475,000 $ 88,000
Utah, Utah 1 $ 365,000 $ 365,000 $ 99,000
Alexandria, Virginia 1 $ 265,000 $ 265,000 $ 45,000
Chesterfield, Virginia 1 $ 525,000 $ 525,000 $ 85,000
Henrico, Virginia 1 $ 435,000 $ 435,000 $ 165,000
Manassas, Virginia 1 $ 355,000 $ 355,000 $ 53,000
Whitman, Washington 1 $ 195,000 $ 195,000 $ 121,000
Kenosha, Wisconsin 1 $ 355,000 $ 355,000 $ 148,000
Richland, Wisconsin 1 $ 185,000 $ 185,000 $ 60,000
Sauk, Wisconsin 1 $ 305,000 $ 305,000 $ 273,000
Walworth, Wisconsin 1 $ 275,000 $ 275,000 $ 0
Waukesha, Wisconsin 1 $ 425,000 $ 425,000 $ 241,000
Winnebago, Wisconsin 1 $ 175,000 $ 175,000 $ 31,000

Mortgage Loan Application Detail Totals for Devon Bank in 2021

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 948 $347,040,000 $366,000 $2,975,000 $144,000 $2,040,000
Refinancing 756 $250,020,000 $330,000 $2,075,000 $146,000 $4,252,000
Cash-out Refinancing 13 $2,505,000 $192,000 $525,000 $143,000 $434,000
Home Improvement 2 $410,000 $205,000 $315,000 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Asian 567 $206,475,000 $364,000 $1,175,000 $154,000 $2,040,000
Black or African American 312 $106,780,000 $342,000 $725,000 $95,000 $665,000
Not Provided 298 $101,730,000 $341,000 $825,000 $167,000 $1,260,000
White 278 $91,270,000 $328,000 $2,075,000 $160,000 $4,252,000
Hispanic 31 $6,185,000 $199,000 $475,000 $82,000 $225,000
Not applicable 16 $12,050,000 $753,000 $2,975,000 $0 $0
American Indian or Alaskan Native 2 $740,000 $370,000 $455,000 $144,000 $224,000
Native Hawaiian or Other Pacific Islander 1 $645,000 $645,000 $645,000 $134,000 $134,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,716 $598,620,000 $348,000 $2,975,000 $145,000 $4,252,000
FHA-insured (Federal Housing Administration) 3 $1,355,000 $451,000 $595,000 $101,000 $131,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,086 $381,390,000 $351,000 $2,075,000 $144,000 $930,000
Application Withdrawn By Applicant 416 $138,620,000 $333,000 $1,015,000 $146,000 $2,040,000
Application Approved But Not Accepted 132 $52,320,000 $396,000 $1,175,000 $179,000 $4,252,000
Application Denied By Financial Institution 66 $25,020,000 $379,000 $2,975,000 $101,000 $917,000
Loan Purchased By The Institution 18 $2,160,000 $120,000 $315,000 $57,000 $99,000
File Closed For Incompleteness 1 $465,000 $465,000 $465,000 $101,000 $101,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 1,653 $574,955,000 $347,000 $2,075,000 $147,000 $4,252,000
Debt-To-Income Ratio 37 $12,885,000 $348,000 $705,000 $66,000 $169,000
Credit History 12 $3,550,000 $295,000 $515,000 $184,000 $917,000
Other 5 $1,755,000 $351,000 $535,000 $137,000 $244,000
Unverifiable Information 5 $1,815,000 $363,000 $465,000 $74,000 $104,000
Collateral 4 $3,820,000 $955,000 $2,975,000 $165,000 $236,000
Insufficient Cash (Downpayment, Closing Cost) 2 $870,000 $435,000 $505,000 $138,000 $146,000
Employment History 1 $325,000 $325,000 $325,000 $170,000 $170,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Devon Bank's 2021 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Devon Bank's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Illinois, download the full spreadsheet with aggregated HMDA statistics today.

Download the Illinois Lender List