America First Mortgage Rates, Fees & Info

Riverdale, UT

LEI: 5493007I0X1GRWIU8B34

Tax ID: 87-0216202

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    America First is a small mortgage company specializing in Home Improvement, Other, Refi, and Home Purchase loans. America First has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Ogden, Salt Lake City, Provo, Las Vegas, and St. George among others. We have data for 34 markets. (Some data included below & more in-depth data is available with an active subscription.)

    America First has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. America First is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 5.92% 12/16/24
    30 Year Conventional Purchase 6.70% 12/16/24
    30 Year Conventional Refi 6.46% 12/16/24
    30 Year Cash-out Refi 6.63% 12/16/24
    30 Year FHA Purchase 7.45% 12/16/24
    30 Year FHA Refi 6.59% 12/16/24
    30 Year VA Purchase 6.29% 12/16/24
    30 Year USDA Purchase 6.79% 12/16/24
    15 Year Conventional Purchase 6.34% 12/16/24
    15 Year Conventional Refi 6.51% 12/16/24
    15 Year Cash-out Refi 6.51% 12/16/24
    15 Year FHA Purchase 5.68% 12/16/24
    15 Year VA Refi 5.68% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    America First Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from America First. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    14,824

    Origination Dollar Volume (All Markets)

    $1,256,170,000
    Show all (15) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 5,534 $460,860,000 $83,278 $909 5.69%
    SALT LAKE CITY, UT (FHA|USDA|VA) 4,254 $379,570,000 $89,227 $1,006 5.89%
    PROVO-OREM, UT (FHA|USDA|VA) 1,620 $133,930,000 $82,673 $904 6.22%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1,336 $117,200,000 $87,725 $1,122 6.14%
    ST. GEORGE, UT (FHA|USDA|VA) 388 $40,630,000 $104,716 $1,434 5.81%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 717 $37,495,000 $52,294 $233 7.33%
    LOGAN, UT-ID (FHA|USDA|VA) 384 $28,410,000 $73,984 $827 5.91%
    Heber, UT (FHA|USDA|VA) 169 $20,725,000 $122,633 $1,158 5.64%
    Outside of Metro Areas 203 $18,205,000 $89,680 $1,169 5.59%
    Cedar City, UT (FHA|USDA|VA) 34 $3,510,000 $103,235 $1,726 5.45%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 42 $3,070,000 $73,095 $1,234 5.73%
    BOISE CITY, ID (FHA|USDA|VA) 30 $2,630,000 $87,667 $1,721 5.86%
    Pahrump, NV (FHA|USDA|VA) 25 $2,225,000 $89,000 $1,219 6.20%
    Rexburg, ID (FHA|USDA|VA) 8 $1,490,000 $186,250 $3,228 5.15%
    Vernal, UT (FHA|USDA|VA) 11 $885,000 $80,455 $2,793 7.31%
    FLAGSTAFF, AZ (FHA|USDA|VA) 5 $765,000 $153,000 $2,888 5.57%
    RENO, NV (FHA|USDA|VA) 8 $740,000 $92,500 $210 6.45%
    POCATELLO, ID (FHA|USDA|VA) 6 $740,000 $123,333 $3,847 5.10%
    TWIN FALLS, ID (FHA|USDA|VA) 5 $505,000 $101,000 $2,526 4.85%
    IDAHO FALLS, ID (FHA|USDA|VA) 9 $495,000 $55,000 $1,429 5.38%
    Price, UT (FHA|USDA|VA) 11 $365,000 $33,182 $848 5.51%
    Moscow, ID (FHA|USDA|VA) 2 $360,000 $180,000 $475 6.49%
    Outside of Metro Areas 2 $350,000 $175,000 $5,030 4.75%
    YUMA, AZ (FHA|USDA|VA) 4 $260,000 $65,000 $0 5.99%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $150,000 $75,000 $0 4.99%
    TUCSON, AZ (FHA|USDA|VA) 4 $140,000 $35,000 $0 6.43%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.49%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.74%
    Winnemucca, NV (FHA|USDA|VA) 2 $80,000 $40,000 $0 6.37%
    Fernley, NV (FHA|USDA|VA) 3 $75,000 $25,000 $0 9.57%
    Burley, ID (FHA|USDA|VA) 1 $25,000 $25,000 $400 7.49%
    Show Low, AZ (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.24%
    Elko, NV (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.49%
    LEWISTON, ID-WA (FHA|USDA|VA) 1 $25,000 $25,000 $0 3.99%
    America First's top markets include Ogden, Salt Lake City, Provo, Las Vegas, and St. George among others.

    Their top states include:
  • Utah (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against AMERICA FIRST based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    LA Financial Federal Credit Union
    Similarity Rank: 57
    Jordan Federal Credit Union
    Similarity Rank: 294
    State Bank of Southern Utah
    Similarity Rank: 304
    HORIZON COMMUNITY BANK, INC.
    Similarity Rank: 360
    Nevada Mortgage Inc.
    Similarity Rank: 363
    FIRST MORTGAGE COMPANY, INC.
    Similarity Rank: 380
    PIONEER
    Similarity Rank: 420
    ADVANTAGE PLUS
    Similarity Rank: 595
    Idaho Independent Bank
    Similarity Rank: 688
    ONE NEVADA CREDIT UNION
    Similarity Rank: 700

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 8,942 $824,410,000 $92,195 $813 5.66%
    HELOC 5,725 $394,825,000 $68,965 n/a 6.40%
    FHA 82 $18,400,000 $224,390 $7,772 4.76%
    VA 67 $16,995,000 $253,657 $7,569 4.15%
    USDA 8 $1,540,000 $192,500 $5,859 4.33%

    For 2018, America First's most frequently originated type of loan was Conventional, with 8,942 originations. Their 2nd most popular type was HELOC, with 5,725 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 5,087 $257,525,000 $50,624 $52 6.40%
    Other 4,740 $276,740,000 $58,384 $37 6.29%
    Refi 3,014 $318,000,000 $105,508 $448 5.41%
    Home Purchase 1,312 $267,720,000 $204,055 $3,787 4.81%
    Cash Out Refi 671 $136,185,000 $202,958 $4,252 4.49%

    For 2018, America First's most frequently cited loan purpose was Home Improvement, with 5,087 originations. The 2nd most popular reason was Other, with 4,740 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    5 Year 6,442 $402,610,000 $62,498 $5 6.17%
    10 Year 4,362 $228,380,000 $52,357 $53 6.23%
    15 Year 2,039 $237,375,000 $116,417 $602 5.87%
    30 Year 1,609 $339,845,000 $211,215 $4,194 4.68%
    Other 228 $20,970,000 $91,974 $1 4.32%
    20 Year 141 $26,945,000 $191,099 $3,649 4.28%
    3 Year 3 $45,000 $15,000 $0 4.24%

    For 2018, America First's most frequently cited loan duration was 5 Year, with 6,442 originations. The 2nd most popular length was 10 Year, with 4,362 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 7,082 $435,610,000 $61,509
    $1k-2k 1,017 $190,295,000 $187,114
    $2k-3k 438 $110,390,000 $252,032
    $3k-4k 180 $47,000,000 $261,111
    $5k+ 85 $27,115,000 $319,000
    $4k-5k 77 $21,735,000 $282,273

    America First's average total fees were $4,194, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 7,082 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 4,695 $350,955,000 $74,751
    4-5% 4,350 $560,160,000 $128,772
    6-7% 1,728 $97,320,000 $56,319
    Over 8% 1,719 $69,055,000 $40,172
    7-8% 1,300 $58,210,000 $44,777
    3-4% 1,026 $119,860,000 $116,823
    2.5-3% 6 $610,000 $101,667

    During 2018, America First's average interest rate for loans was 4.68%, while their most frequently originated rate bucket for loans was 5-6%, with 4,695 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 10,756 $454,990,000 $42,301 $86 6.32%
    $100k-200k 2,480 $352,900,000 $142,298 $1,720 5.00%
    $200k-400k 1,439 $374,835,000 $260,483 $3,934 4.76%
    $400k-600k 128 $56,830,000 $443,984 $5,512 4.86%
    $600k-1MM 16 $11,030,000 $689,375 $1,063 5.06%
    $1MM+ 5 $5,585,000 $1,117,000 $5,161 4.49%

    2018 saw America First place emphasis on $100,000 or less loans with 10,756 originations, totaling $454,990,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 3,855 $319,395,000 $82,852 $700 6.13%
    $50k-75k 3,463 $264,765,000 $76,455 $1,132 5.78%
    $75k-100k 3,298 $258,060,000 $78,247 $881 6.10%
    $50k or less 1,750 $130,020,000 $74,297 $1,312 5.35%
    $150k-250k 1,736 $176,870,000 $101,884 $536 6.12%
    $250k+ 467 $80,835,000 $173,094 $664 5.82%

    America First lent most frequently to those with incomes in the $100k-150k range, with 3,855 originations. The second most popular income band? $50k-75k, with 3,463 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 3,439 $268,245,000 $78,001 $757 5.70%
    30-36% 2,884 $226,720,000 $78,613 $891 6.01%
    <20% 1,180 $94,470,000 $80,059 $578 5.17%
    50-60% 1,109 $108,045,000 $97,426 $510 6.26%
    38% 510 $42,560,000 $83,451 $975 6.16%
    37% 504 $38,740,000 $76,865 $884 6.14%
    42% 503 $45,025,000 $89,513 $983 6.12%
    39% 497 $39,735,000 $79,950 $1,101 6.13%
    36% 495 $38,475,000 $77,727 $851 6.10%
    41% 475 $38,925,000 $81,947 $947 6.19%
    40% 474 $40,110,000 $84,620 $1,016 6.23%
    43% 468 $41,240,000 $88,120 $1,257 6.24%
    44% 463 $43,115,000 $93,121 $1,450 6.10%
    45% 436 $43,910,000 $100,711 $1,359 6.11%
    46% 374 $35,720,000 $95,508 $1,158 6.08%
    47% 322 $31,610,000 $98,168 $1,728 6.00%
    48% 270 $26,700,000 $98,889 $1,665 6.26%
    49% 264 $29,210,000 $110,644 $1,928 5.91%
    >60% 147 $18,195,000 $123,776 $208 5.73%

    America First lent most frequently to those with DTI ratios of 20-30%, with 3,439 originations. The next most common DTI ratio? 30-36%, with 2,884 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 13,769 $1,154,415,000 $83,842 $901 5.93%
    Asian 408 $41,760,000 $102,353 $1,139 5.69%
    Not provided 243 $24,485,000 $100,761 $2,299 5.76%
    Black 162 $12,790,000 $78,951 $1,078 6.85%
    American Indian 147 $10,475,000 $71,259 $729 6.15%
    Native Hawaiian or Islander 85 $6,845,000 $80,529 $1,449 6.70%
    Not applicable 8 $5,210,000 $651,250 $0 5.33%
    Other Asian 1 $135,000 $135,000 $0 4.24%
    Other Pacific Islander 1 $55,000 $55,000 $0 6.49%

    Approval Rates

    Total approvals of all applications
    77.98%

    America First has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    79.55%

    America First has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 14,824 $1,256,170,000 $84,739

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 9 $5,415,000 $601,667
    Single Family (1-4 Units):Manufactured 93 $8,105,000 $87,151
    Single Family (1-4 Units):Site-Built 14,722 $1,242,650,000 $84,408

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2,797 $237,685,000 $84,979 $191 5.74%
    40-60% 1,120 $169,580,000 $151,411 $1,241 4.86%
    60-80% 1,468 $297,580,000 $202,711 $2,805 4.77%
    80-100% 1,038 $232,530,000 $224,017 $3,789 4.75%
    Over 100% 11 $3,065,000 $278,636 $11,983 4.24%
    Under 20% 8,389 $315,725,000 $37,636 $47 6.50%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    American Financial Network Inc. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 22.2%
    American Financial Network Inc. FHA mortgage Closing on a mortgage 2 22.2%
    American Financial Network Inc. Home equity loan or line of credit (HELOC) Trouble during payment process 1 11.1%
    American Financial Network Inc. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 11.1%
    American Financial Network Inc. VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 22.2%
    American Financial Network Inc. VA mortgage Closing on a mortgage 1 11.1%