Devon Bank Mortgage Lending & HMDA Data, 2025

In 2025, Devon Bank of Chicago, IL reported 587 mortgage applications totaling $221.3 million, down 10% from 2024. The average application was for $377,010, and applicants reported an average income of $167,979. 57% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Chicago-Naperville, IL (143), Houston-The Woodlands-Sugar Land, TX (49) and Dallas-Plano-Irving, TX (46) (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 587
Total Mortgage Loan Application Amount $221,305,000
Average Mortgage Loan Application Amount $377,010
Highest Mortgage Loan Application Amount $1,655,000
Average Applicant Income $167,979
Highest Applicant Income $2,580,000

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Act (HMDA) records Devon Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2025

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Chicago-Naperville, IL 143 $ 44,145,000 $ 308,706 $ 142,000
Houston-The Woodlands-Sugar Land, TX 49 $ 17,355,000 $ 354,183 $ 176,000
Dallas-Plano-Irving, TX 46 $ 17,250,000 $ 375,000 $ 169,000
Minneapolis-St. Paul-Bloomington, MN-WI 25 $ 10,705,000 $ 428,200 $ 141,000
Atlanta-Sandy Springs-Roswell, GA 18 $ 6,110,000 $ 339,444 $ 108,000
Seattle-Bellevue-Everett, WA 16 $ 9,420,000 $ 588,750 $ 199,000
Arlington-Alexandria-Reston, VA-WV 14 $ 9,050,000 $ 646,428 $ 189,000
Lake County-Kenosha County, IL-WI 14 $ 2,740,000 $ 195,714 $ 152,000
Columbus, OH 13 $ 4,315,000 $ 331,923 $ 132,000
Salt Lake City, UT 13 $ 5,885,000 $ 452,692 $ 161,000
Outside any metro area 12 $ 5,820,000 $ 485,000 $ 349,333
San Antonio-New Braunfels, TX 10 $ 3,000,000 $ 300,000 $ 89,000
New Orleans-Metairie, LA 9 $ 2,025,000 $ 225,000 $ 88,000
Indianapolis-Carmel-Anderson, IN 8 $ 2,110,000 $ 263,750 $ 87,000
Los Angeles-Long Beach-Glendale, CA 7 $ 4,025,000 $ 575,000 $ 148,000
Manchester-Nashua, NH 7 $ 2,375,000 $ 339,285 $ 133,000
Oakland-Hayward-Berkeley, CA 7 $ 3,755,000 $ 536,428 $ 173,000
Austin-Round Rock, TX 6 $ 2,350,000 $ 391,666 $ 146,000
Cleveland, OH 6 $ 2,190,000 $ 365,000 $ 149,000
Madison, WI 5 $ 2,515,000 $ 503,000 $ 161,000
Oklahoma City, OK 5 $ 1,545,000 $ 309,000 $ 162,000
Portland-Vancouver-Hillsboro, OR-WA 5 $ 2,735,000 $ 547,000 $ 221,000
Raleigh, NC 5 $ 2,215,000 $ 443,000 $ 138,000
Riverside-San Bernardino-Ontario, CA 5 $ 3,085,000 $ 617,000 $ 194,000
Tampa, FL 5 $ 1,375,000 $ 275,000 $ 103,000
Anaheim-Santa Ana-Irvine, CA 4 $ 2,770,000 $ 692,500 $ 318,000
Baton Rouge, LA 4 $ 1,210,000 $ 302,500 $ 122,000
Denver-Aurora-Lakewood, CO 4 $ 1,700,000 $ 425,000 $ 152,000
Detroit-Dearborn-Livonia, MI 4 $ 910,000 $ 227,500 $ 64,000
Lake County-Porter County-Jasper County, IN 4 $ 720,000 $ 180,000 $ 84,000
Omaha-Council Bluffs, NE-IA 4 $ 980,000 $ 245,000 $ 69,000
Phoenix-Mesa-Scottsdale, AZ 4 $ 1,320,000 $ 330,000 $ 139,000
San Jose-Sunnyvale-Santa Clara, CA 4 $ 4,240,000 $ 1,060,000 $ 337,000
Shreveport-Bossier City, LA 4 $ 1,620,000 $ 405,000 $ 383,000
Tulsa, OK 4 $ 1,080,000 $ 270,000 $ 111,000
Cincinnati, OH-KY-IN 3 $ 1,145,000 $ 381,666 $ 139,000
Elgin, IL 3 $ 1,425,000 $ 475,000 $ 138,000
Greensboro-High Point, NC 3 $ 1,245,000 $ 415,000 $ 220,000
Lincoln, NE 3 $ 765,000 $ 255,000 $ 107,000
Louisville/Jefferson County, KY-IN 3 $ 1,625,000 $ 541,666 $ 290,000
Macon-Bibb County, GA 3 $ 1,525,000 $ 508,333 $ 341,000
Peoria, IL 3 $ 745,000 $ 248,333 $ 308,000
San Diego-Carlsbad, CA 3 $ 2,185,000 $ 728,333 $ 663,000
Warren-Troy-Farmington Hills, MI 3 $ 815,000 $ 271,666 $ 100,000
Allentown-Bethlehem-Easton, PA-NJ 2 $ 1,110,000 $ 555,000 $ 1,445,000
Chattanooga, TN-GA 2 $ 620,000 $ 310,000 $ 121,000
College Station-Bryan, TX 2 $ 750,000 $ 375,000 $ 136,000
Fort Worth-Arlington, TX 2 $ 810,000 $ 405,000 $ 190,000
Fresno, CA 2 $ 670,000 $ 335,000 $ 186,000
Grand Island, NE 2 $ 480,000 $ 240,000 $ 65,000
Huntsville, AL 2 $ 520,000 $ 260,000 $ 326,000
Kansas City, MO-KS 2 $ 1,040,000 $ 520,000 $ 274,000
Marietta, GA 2 $ 750,000 $ 375,000 $ 208,000
Memphis, TN-MS-AR 2 $ 540,000 $ 270,000 $ 91,000
Midland, TX 2 $ 490,000 $ 245,000 $ 67,000
New Haven-Milford, CT 2 $ 610,000 $ 305,000 $ 104,000
Orlando-Kissimmee-Sanford, FL 2 $ 680,000 $ 340,000 $ 123,000
Provo-Orem, UT 2 $ 1,030,000 $ 515,000 $ 202,000
Sacramento--Roseville--Arden-Arcade, CA 2 $ 730,000 $ 365,000 $ 161,000
San Francisco-Redwood City-South San Francisco, CA 2 $ 1,590,000 $ 795,000 $ 245,000
St. Louis, MO-IL 2 $ 670,000 $ 335,000 $ 192,000
Stockton-Lodi, CA 2 $ 1,180,000 $ 590,000 $ 143,000
Tacoma-Lakewood, WA 2 $ 710,000 $ 355,000 $ 162,000
Waterbury-Shelton, CT 2 $ 940,000 $ 470,000 $ 179,000
Albany, OR 1 $ 455,000 $ 455,000 $ 372,000
Baltimore-Columbia-Towson, MD 1 $ 495,000 $ 495,000 $ 150,000
Boston, MA 1 $ 305,000 $ 305,000 $ 92,000
Dayton-Springfield-Kettering, OH 1 $ 325,000 $ 325,000 $ 118,000
Everett, WA 1 $ 485,000 $ 485,000 $ 173,000
Fairbanks, AK 1 $ 215,000 $ 215,000 $ 85,000
Fayetteville-Springdale-Rogers, AR-MO 1 $ 475,000 $ 475,000 $ 202,000
Flint, MI 1 $ 85,000 $ 85,000 $ 97,000
Hartford-West Hartford-East Hartford, CT 1 $ 195,000 $ 195,000 $ 92,000
Jacksonville, FL 1 $ 495,000 $ 495,000 $ 144,000
Knoxville, TN 1 $ 505,000 $ 505,000 $ 250,000
Lexington-Fayette, KY 1 $ 225,000 $ 225,000 $ 480,000
Miami-Miami Beach-Kendall, FL 1 $ 305,000 $ 305,000 $ 96,000
Milwaukee-Waukesha-West Allis, WI 1 $ 245,000 $ 245,000 $ 82,000
Mobile, AL 1 $ 205,000 $ 205,000 $ 92,000
Montgomery County-Bucks County-Chester County, PA 1 $ 275,000 $ 275,000 $ 180,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 445,000 $ 445,000 $ 109,000
Panama City, FL 1 $ 405,000 $ 405,000 $ 143,000
Pensacola-Ferry Pass-Brent, FL 1 $ 175,000 $ 175,000 $ 202,000
Pittsburgh, PA 1 $ 295,000 $ 295,000 $ 80,000
Roanoke, VA 1 $ 315,000 $ 315,000 $ 122,000
Salinas, CA 1 $ 805,000 $ 805,000 $ 309,000
San Rafael, CA 1 $ 205,000 $ 205,000 $ 119,000
Sioux Falls, SD 1 $ 455,000 $ 455,000 $ 550,000
Topeka, KS 1 $ 185,000 $ 185,000 $ 83,000
Warner Robins, GA 1 $ 225,000 $ 225,000 $ 47,000
Worcester, MA-CT 1 $ 465,000 $ 465,000 $ 114,000

Mortgage Loan Application Detail Totals for Devon Bank in 2025

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 504 $186,920,000 $370,000 $1,205,000 $164,000 $2,580,000
Refinancing 69 $30,705,000 $445,000 $1,655,000 $194,000 $1,180,000
Cash-out Refinancing 14 $3,680,000 $262,000 $675,000 $183,000 $670,000
Home Improvement 0 $0 $0 $0 $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 232 $91,310,000 $393,000 $1,205,000 $176,000 $1,291,000
Not Provided 123 $47,005,000 $382,000 $1,205,000 $196,000 $1,180,000
Black or African American 80 $30,370,000 $379,000 $715,000 $126,000 $371,000
Hispanic 72 $15,800,000 $219,000 $735,000 $94,000 $259,000
White 72 $29,490,000 $409,000 $1,205,000 $217,000 $2,580,000
Not applicable 7 $7,105,000 $1,015,000 $1,655,000 $0 $0
Native Hawaiian or Other Pacific Islander 1 $225,000 $225,000 $225,000 $47,000 $47,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0

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) 585 $220,745,000 $377,000 $1,655,000 $168,000 $2,580,000
FHA-insured (Federal Housing Administration) 2 $560,000 $280,000 $365,000 $69,000 $85,000
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 332 $125,700,000 $378,000 $1,655,000 $166,000 $1,180,000
Application Withdrawn By Applicant 201 $78,195,000 $389,000 $1,205,000 $180,000 $2,580,000
File Closed For Incompleteness 26 $8,570,000 $329,000 $765,000 $150,000 $480,000
Application Denied By Financial Institution 24 $7,320,000 $305,000 $755,000 $109,000 $309,000
Application Approved But Not Accepted 4 $1,520,000 $380,000 $495,000 $159,000 $262,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Debt-To-Income Ratio 587 $221,305,000 $377,000 $1,655,000 $168,000 $2,580,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Devon Bank's 2025 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.
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