Amerifirst Financial Corporation Mortgage Rates, Fees & Info
KALAMAZOO, MILEI: 54930080OKRZ7NNZIO71
Tax ID: 38-2699549
3.7 stars
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Amerifirst Financial Corporation is a small mortgage company specializing in Home Purchase and Refi loans. Amerifirst Financial Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Tampa, Orlando, Detroit, Lakeland, and Cincinnati among others. Amerifirst Financial Corporation has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Amerifirst Financial Corporation is typically an average fee lendor.Originations
12,341Origination Dollar Volume (All Markets)
$2,471,565,000Awards
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AMERIFIRST FINANCIAL CORPORATION - 2021
AMERIFIRST FINANCIAL CORPORATION is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Amerifirst Financial Corporation's average 30 year fixed rate mortgage of loans were
3.38%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.23%.
Relative Fees
Amerifirst Financial Corporation's average total fees for a 30 year fixed rate
mortgage are $5,356.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1,469 | $331,175,000 | $225,442 | $5,674 | 3.33% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1,071 | $311,235,000 | $290,602 | $6,284 | 3.28% |
| Outside of Metro Areas | 981 | $150,155,000 | $153,063 | $4,475 | 3.34% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 805 | $143,455,000 | $178,205 | $3,909 | 3.24% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 474 | $108,050,000 | $227,954 | $6,253 | 3.38% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 490 | $89,630,000 | $182,918 | $4,526 | 3.08% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 470 | $86,080,000 | $183,149 | $4,451 | 3.13% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 394 | $70,270,000 | $178,350 | $4,332 | 3.18% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 255 | $67,795,000 | $265,863 | $4,548 | 3.24% |
| TOLEDO, OH (FHA|USDA|VA) | 410 | $63,220,000 | $154,195 | $5,179 | 3.39% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 266 | $54,690,000 | $205,602 | $5,533 | 3.15% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 116 | $50,470,000 | $435,086 | $8,639 | 3.10% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 122 | $44,820,000 | $367,377 | $8,299 | 3.29% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 228 | $42,870,000 | $188,026 | $5,324 | 3.46% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 279 | $39,005,000 | $139,803 | $4,153 | 3.42% |
| NILES, MI (FHA|USDA|VA) | 219 | $38,645,000 | $176,461 | $5,372 | 3.55% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 187 | $35,345,000 | $189,011 | $3,799 | 3.23% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 105 | $30,115,000 | $286,810 | $4,415 | 3.08% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 172 | $28,420,000 | $165,233 | $5,052 | 3.40% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 142 | $28,260,000 | $199,014 | $5,210 | 3.07% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 155 | $28,095,000 | $181,258 | $5,928 | 3.22% |
| New Castle, IN (FHA|USDA|VA) | 197 | $24,955,000 | $126,675 | $3,764 | 3.34% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 99 | $24,015,000 | $242,576 | $6,135 | 3.40% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 176 | $24,010,000 | $136,420 | $5,643 | 3.42% |
| Holland, MI (FHA|USDA|VA) | 110 | $20,620,000 | $187,455 | $4,427 | 3.18% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 70 | $19,250,000 | $275,000 | $6,407 | 3.17% |
| ASHEVILLE, NC (FHA|USDA|VA) | 64 | $17,270,000 | $269,844 | $5,039 | 3.32% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 40 | $17,000,000 | $425,000 | $6,402 | 3.14% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 117 | $16,835,000 | $143,889 | $3,873 | 3.24% |
| Cadillac, MI (FHA|USDA|VA) | 115 | $16,125,000 | $140,217 | $4,242 | 3.17% |
| Coldwater, MI (FHA|USDA|VA) | 114 | $15,530,000 | $136,228 | $4,329 | 3.32% |
| Sturgis, MI (FHA|USDA|VA) | 98 | $15,110,000 | $154,184 | $4,641 | 3.32% |
| Traverse City, MI (FHA|USDA|VA) | 66 | $15,050,000 | $228,030 | $4,226 | 3.18% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 88 | $15,000,000 | $170,455 | $4,569 | 3.31% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 49 | $14,065,000 | $287,041 | $6,559 | 3.32% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 86 | $13,300,000 | $154,651 | $4,836 | 3.59% |
| GAINESVILLE, FL (FHA|USDA|VA) | 72 | $13,130,000 | $182,361 | $5,759 | 3.37% |
| OCALA, FL (FHA|USDA|VA) | 73 | $12,905,000 | $176,781 | $6,366 | 3.34% |
| AKRON, OH (FHA|USDA|VA) | 70 | $12,620,000 | $180,286 | $6,078 | 3.24% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 74 | $11,830,000 | $159,865 | $6,002 | 3.93% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) | 56 | $11,760,000 | $210,000 | $4,690 | 3.06% |
| LIMA, OH (FHA|USDA|VA) | 76 | $10,570,000 | $139,079 | $5,034 | 3.23% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 58 | $9,740,000 | $167,931 | $4,501 | 3.34% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 36 | $9,450,000 | $262,500 | $4,805 | 3.04% |
| Salem, OH (FHA|USDA|VA) | 64 | $8,780,000 | $137,188 | $5,494 | 3.40% |
| Big Rapids, MI (FHA|USDA|VA) | 54 | $8,360,000 | $154,815 | $4,752 | 3.29% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 29 | $7,605,000 | $262,241 | $6,579 | 3.31% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 35 | $7,475,000 | $213,571 | $5,238 | 3.21% |
| SAGINAW, MI (FHA|USDA|VA) | 46 | $6,300,000 | $136,957 | $3,731 | 3.52% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 44 | $6,300,000 | $143,182 | $5,374 | 3.33% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 23 | $6,225,000 | $270,652 | $6,816 | 3.20% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 28 | $6,170,000 | $220,357 | $4,892 | 2.82% |
| Hillsdale, MI (FHA|USDA|VA) | 43 | $5,645,000 | $131,279 | $4,323 | 3.44% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 23 | $5,575,000 | $242,391 | $6,866 | 3.49% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 22 | $5,550,000 | $252,273 | $5,719 | 3.11% |
| MUNCIE, IN (FHA|USDA|VA) | 48 | $5,250,000 | $109,375 | $3,961 | 3.35% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 28 | $5,180,000 | $185,000 | $5,434 | 3.08% |
| Somerset, KY (FHA|USDA|VA) | 29 | $4,975,000 | $171,552 | $3,893 | 3.21% |
| FLINT, MI (FHA|USDA|VA) | 27 | $4,965,000 | $183,889 | $3,340 | 3.27% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 19 | $4,945,000 | $260,263 | $6,479 | 3.30% |
| MONROE, MI (FHA|USDA|VA) | 24 | $4,800,000 | $200,000 | $4,208 | 3.16% |
| ANN ARBOR, MI (FHA|USDA|VA) | 19 | $4,575,000 | $240,789 | $3,326 | 2.92% |
| COLUMBUS, OH (FHA|USDA|VA) | 20 | $4,550,000 | $227,500 | $5,390 | 3.20% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 18 | $4,200,000 | $233,333 | $3,780 | 3.20% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 20 | $4,130,000 | $206,500 | $5,167 | 3.28% |
| Alpena, MI (FHA|USDA|VA) | 33 | $3,575,000 | $108,333 | $4,019 | 3.42% |
| JACKSON, MI (FHA|USDA|VA) | 23 | $3,315,000 | $144,130 | $4,010 | 3.32% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 23 | $3,315,000 | $144,130 | $3,584 | 3.34% |
| MADISON, WI (FHA|USDA|VA) | 11 | $3,035,000 | $275,909 | $5,866 | 3.24% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 10 | $2,940,000 | $294,000 | $8,751 | 3.60% |
| Adrian, MI (FHA|USDA|VA) | 16 | $2,830,000 | $176,875 | $4,410 | 3.33% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 15 | $2,655,000 | $177,000 | $5,504 | 3.57% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 8 | $2,620,000 | $327,500 | $6,521 | 3.25% |
| KOKOMO, IN (FHA|USDA|VA) | 21 | $2,595,000 | $123,571 | $3,688 | 3.16% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 7 | $2,595,000 | $370,714 | $6,736 | 3.07% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 16 | $2,360,000 | $147,500 | $4,847 | 3.73% |
| MUSKEGON, MI (FHA|USDA|VA) | 17 | $2,315,000 | $136,176 | $3,502 | 3.29% |
| Jasper, IN (FHA|USDA|VA) | 15 | $2,305,000 | $153,667 | $4,671 | 3.08% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 15 | $2,205,000 | $147,000 | $5,448 | 3.43% |
| MIDLAND, MI (FHA|USDA|VA) | 13 | $2,165,000 | $166,538 | $4,762 | 3.43% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 7 | $2,165,000 | $309,286 | $5,476 | 3.70% |
| KNOXVILLE, TN (FHA|USDA|VA) | 10 | $2,150,000 | $215,000 | $3,581 | 2.80% |
| Connersville, IN (FHA|USDA|VA) | 17 | $2,105,000 | $123,824 | $4,103 | 2.97% |
| Greensburg, IN (FHA|USDA|VA) | 16 | $2,050,000 | $128,125 | $3,839 | 3.01% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 8 | $2,050,000 | $256,250 | $5,094 | 2.84% |
| WILMINGTON, NC (FHA|USDA|VA) | 6 | $2,050,000 | $341,667 | $8,707 | 3.33% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 11 | $2,045,000 | $185,909 | $4,179 | 3.03% |
| Mount Pleasant, MI (FHA|USDA|VA) | 16 | $2,020,000 | $126,250 | $3,739 | 3.56% |
| THE VILLAGES, FL (FHA|USDA|VA) | 8 | $1,890,000 | $236,250 | $5,595 | 3.36% |
| Chillicothe, OH (FHA|USDA|VA) | 14 | $1,830,000 | $130,714 | $4,702 | 2.92% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 8 | $1,770,000 | $221,250 | $4,888 | 3.44% |
| Bardstown, KY (FHA|USDA|VA) | 9 | $1,735,000 | $192,778 | $5,249 | 2.86% |
| Wapakoneta, OH (FHA|USDA|VA) | 12 | $1,720,000 | $143,333 | $6,170 | 3.53% |
| Fremont, OH (FHA|USDA|VA) | 9 | $1,695,000 | $188,333 | $4,624 | 3.43% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 9 | $1,685,000 | $187,222 | $5,635 | 3.36% |
| Richmond, IN (FHA|USDA|VA) | 15 | $1,685,000 | $112,333 | $4,240 | 3.49% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 8 | $1,670,000 | $208,750 | $6,546 | 3.16% |
| DANVILLE, IL (FHA|USDA|VA) | 17 | $1,565,000 | $92,059 | $4,159 | 3.30% |
| Ludington, MI (FHA|USDA|VA) | 9 | $1,555,000 | $172,778 | $3,580 | 3.22% |
| GOLDSBORO, NC (FHA|USDA|VA) | 7 | $1,545,000 | $220,714 | $3,591 | 2.46% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 10 | $1,520,000 | $152,000 | $4,427 | 3.24% |
| Sault Ste. Marie, MI (FHA|USDA|VA) | 6 | $1,510,000 | $251,667 | $5,520 | 3.46% |
| Campbellsville, KY (FHA|USDA|VA) | 5 | $1,505,000 | $301,000 | $9,078 | 3.00% |
| Lewisburg, TN (FHA|USDA|VA) | 10 | $1,490,000 | $149,000 | $5,608 | 3.14% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 6 | $1,480,000 | $246,667 | $7,077 | 3.67% |
| Frankfort, KY (FHA|USDA|VA) | 10 | $1,470,000 | $147,000 | $5,685 | 3.04% |
| SAVANNAH, GA (FHA|USDA|VA) | 6 | $1,340,000 | $223,333 | $5,473 | 3.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 5 | $1,295,000 | $259,000 | $8,709 | 3.70% |
| BURLINGTON, NC (FHA|USDA|VA) | 8 | $1,260,000 | $157,500 | $4,290 | 3.64% |
| Lawrenceburg, TN (FHA|USDA|VA) | 6 | $1,260,000 | $210,000 | $7,141 | 3.33% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 5 | $1,215,000 | $243,000 | $5,489 | 2.48% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $6,088 | 3.44% |
| PANAMA CITY, FL (FHA|USDA|VA) | 5 | $1,135,000 | $227,000 | $7,069 | 3.45% |
| Wooster, OH (FHA|USDA|VA) | 7 | $1,095,000 | $156,429 | $4,534 | 2.89% |
| COLUMBIA, SC (FHA|USDA|VA) | 6 | $1,070,000 | $178,333 | $4,130 | 3.19% |
| OWENSBORO, KY (FHA|USDA|VA) | 9 | $1,065,000 | $118,333 | $4,123 | 2.67% |
| Lake City, FL (FHA|USDA|VA) | 6 | $1,060,000 | $176,667 | $8,022 | 3.52% |
| Marion, IN (FHA|USDA|VA) | 8 | $980,000 | $122,500 | $3,940 | 3.25% |
| DECATUR, AL (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $11,998 | 3.17% |
| Shelby, NC (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $3,134 | 3.78% |
| Madison, IN (FHA|USDA|VA) | 6 | $910,000 | $151,667 | $4,757 | 3.44% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $5,590 | 3.47% |
| Forest City, NC (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $6,560 | 3.38% |
| SPARTANBURG, SC (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $5,076 | 3.35% |
| Glasgow, KY (FHA|USDA|VA) | 6 | $810,000 | $135,000 | $5,031 | 2.90% |
| FORT WAYNE, IN (FHA|USDA|VA) | 6 | $810,000 | $135,000 | $3,712 | 3.10% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $7,946 | 3.13% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $6,707 | 3.38% |
| Albemarle, NC (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $3,517 | 3.63% |
| Richmond-Berea, KY (FHA|USDA|VA) | 4 | $750,000 | $187,500 | $6,534 | 3.25% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $6,007 | 3.19% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $4,321 | 2.44% |
| Logansport, IN (FHA|USDA|VA) | 5 | $735,000 | $147,000 | $3,977 | 3.75% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 4 | $730,000 | $182,500 | $7,132 | 3.56% |
| Cullman, AL (FHA|USDA|VA) | 5 | $715,000 | $143,000 | $6,877 | 3.78% |
| Jasper, AL (FHA|USDA|VA) | 5 | $715,000 | $143,000 | $5,008 | 3.98% |
| Boone, NC (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $4,529 | 3.67% |
| Albertville, AL (FHA|USDA|VA) | 5 | $665,000 | $133,000 | $5,519 | 3.53% |
| Alma, MI (FHA|USDA|VA) | 8 | $660,000 | $82,500 | $4,218 | 3.67% |
| COLUMBUS, IN (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $5,441 | 2.94% |
| Brevard, NC (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $3,807 | 3.04% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $6,108 | 3.25% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $4,073 | 3.67% |
| North Wilkesboro, NC (FHA|USDA|VA) | 6 | $630,000 | $105,000 | $5,506 | 4.21% |
| Peru, IN (FHA|USDA|VA) | 6 | $620,000 | $103,333 | $3,234 | 3.21% |
| Bellefontaine, OH (FHA|USDA|VA) | 5 | $575,000 | $115,000 | $5,039 | 3.23% |
| Angola, IN (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $4,480 | 3.34% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $3,788 | 3.50% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 4 | $550,000 | $137,500 | $4,470 | 4.13% |
| Warsaw, IN (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $3,445 | 3.13% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $6,553 | 3.56% |
| Marinette, WI-MI (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $3,827 | 3.00% |
| Wauchula, FL (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $5,020 | 4.63% |
| Defiance, OH (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $6,197 | 3.79% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $5,771 | 2.88% |
| Key West, FL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $7,218 | 2.88% |
| London, KY (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $4,279 | 3.21% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 5 | $465,000 | $93,000 | $5,111 | 4.40% |
| BAY CITY, MI (FHA|USDA|VA) | 5 | $465,000 | $93,000 | $3,965 | 3.18% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,689 | 3.00% |
| Mount Vernon, OH (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $7,425 | 2.94% |
| Morehead City, NC (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $5,525 | 3.19% |
| Wilmington, OH (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $5,044 | 3.21% |
| Maysville, KY (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $4,256 | 3.25% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $6,590 | 3.63% |
| Marion, NC (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $5,673 | 3.50% |
| Van Wert, OH (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $4,869 | 3.31% |
| Palatka, FL (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $10,032 | 4.00% |
| Frankfort, IN (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $6,716 | 3.06% |
| Sandusky, OH (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $4,654 | 3.75% |
| Tiffin, OH (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $5,536 | 3.33% |
| Norwalk, OH (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $5,250 | 3.38% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $7,205 | 3.81% |
| Bedford, IN (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $5,957 | 4.71% |
| Seymour, IN (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $8,571 | 3.25% |
| Fort Payne, AL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $10,043 | 3.75% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $19,176 | 4.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 4.38% |
| Bluffton, IN (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $2,625 | 3.13% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $6,807 | 4.31% |
| North Vernon, IN (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $4,277 | 2.94% |
| SUMTER, SC (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $7,702 | 3.75% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,065 | 3.38% |
| Washington, IN (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $4,536 | 3.33% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,083 | 2.75% |
| Okeechobee, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $8,222 | 3.25% |
| GREEN BAY, WI (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $2,657 | 3.06% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $6,077 | 4.13% |
| Crawfordsville, IN (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $5,778 | 2.94% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $3,492 | 4.06% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,118 | 3.38% |
| Baraboo, WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,177 | 3.88% |
| Sidney, OH (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,295 | 3.06% |
| FLORENCE, SC (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $4,021 | 3.25% |
| Seneca, SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,966 | 2.88% |
| DALTON, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,753 | 3.50% |
| Sanford, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,957 | 4.13% |
| Mount Airy, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,350 | 4.13% |
| Portsmouth, OH (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $4,167 | 3.56% |
| Danville, KY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,067 | 3.25% |
| Decatur, IN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,126 | 3.75% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 3.75% |
| Scottsboro, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,045 | 5.25% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,785 | 4.88% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,644 | 2.50% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,384 | 3.38% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,601 | 3.50% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,889 | 3.50% |
| Henderson, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,080 | 3.75% |
| Huntington, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,041 | 3.50% |
| Houghton, MI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,530 | 2.75% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,106 | 3.25% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.25% |
| Wilson, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,669 | 2.50% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,641 | 3.63% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $3,095 | 3.06% |
| Thomasville, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,854 | 3.50% |
| READING, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,061 | 3.63% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,785 | 2.25% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,012 | 3.25% |
| Marquette, MI (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $4,470 | 4.13% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $3,936 | 3.50% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,954 | 3.13% |
| Crossville, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,677 | 2.75% |
| Findlay, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,084 | 3.25% |
| Kendallville, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,305 | 2.25% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,559 | 3.50% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,041 | 4.25% |
| Greenville, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,371 | 2.63% |
| Athens, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,310 | 2.88% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,216 | 4.75% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,903 | 4.75% |
| Platteville, WI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,385 | 3.25% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,881 | 2.75% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,426 | 4.63% |
| Escanaba, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,719 | 3.63% |
| Celina, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,070 | 2.38% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,116 | 2.63% |
| Mount Sterling, KY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,252 | 3.25% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.25% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,945 | 4.63% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,502 | 2.88% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,085 | 3.13% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,604 | 2.75% |
| Mount Vernon, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,209 | 3.50% |
| Jackson, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,652 | 2.25% |
| Vincennes, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,349 | 3.75% |
Amerifirst Financial Corporation's top markets include Tampa, Orlando, Detroit, Lakeland, and Cincinnati among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 8,445 | $1,764,845,000 | $208,981 | $4,150 | 3.21% |
| FHA | 2,198 | $391,300,000 | $178,025 | $8,070 | 3.67% |
| USDA | 926 | $130,340,000 | $140,756 | $5,634 | 3.26% |
| VA | 772 | $185,080,000 | $239,741 | $6,233 | 3.16% |
For the 2021 period, Amerifirst Financial Corporation's most frequently originated loan type of loans were Conventional, with 8,445 originations. Their 2nd most popular type is FHA, with 2,198 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 7,791 | $1,633,495,000 | $209,664 | $5,726 | 3.45% |
| Refi | 2,835 | $508,595,000 | $179,399 | $3,852 | 2.88% |
| Cash Out Refi | 1,620 | $313,650,000 | $193,611 | $4,436 | 3.26% |
| Other | 87 | $14,705,000 | $169,023 | $4,119 | 3.32% |
| Home Improvement | 8 | $1,120,000 | $140,000 | $4,444 | 3.53% |
For the 2021, Amerifirst Financial Corporation's most frequently cited loan purpose of loans were Home Purchase, with 7,791 originations. The 2nd most popular reason of loans were Refi, with 2,835 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 10,746 | $2,201,540,000 | $204,871 | $5,356 | 3.38% |
| 15 Year | 1,083 | $180,765,000 | $166,911 | $3,472 | 2.56% |
| 20 Year | 408 | $70,680,000 | $173,235 | $3,391 | 2.98% |
| 10 Year | 54 | $8,140,000 | $150,741 | $3,525 | 2.43% |
| Other | 50 | $10,440,000 | $208,800 | $3,852 | 3.11% |
For the 2021, Amerifirst Financial Corporation's most frequently cited loan length of loans were 30 Year, with 10,746 originations. The 2nd most popular length of loans were 15 Year, with 1,083 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 7,503 | $1,497,815,000 | $199,629 |
| $2k-3k | 2,079 | $359,335,000 | $172,840 |
| $3k-4k | 1,796 | $374,300,000 | $208,408 |
| $5k+ | 460 | $151,890,000 | $330,196 |
| $<1k | 230 | $46,090,000 | $200,391 |
$5,356 of loans were Amerifirst Financial Corporation's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 7,503 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 6,634 | $1,347,060,000 | $203,054 |
| 2.5-3% | 3,478 | $734,500,000 | $211,185 |
| <2.5% | 1,102 | $206,030,000 | $186,960 |
| 4-5% | 974 | $159,200,000 | $163,450 |
| 5-6% | 153 | $24,775,000 | $161,928 |
During 2021, Amerifirst Financial Corporation's average interest rate of loans were 3.38%, while their most frequently originated rate bucket of loans were 3-4%, with 6,634 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 5,748 | $848,560,000 | $147,627 | $4,633 | 3.31% |
| $200k-400k | 4,161 | $1,131,275,000 | $271,876 | $5,883 | 3.25% |
| $100,000 or less | 1,702 | $132,730,000 | $77,985 | $3,770 | 3.41% |
| $400k-600k | 683 | $325,175,000 | $476,098 | $7,004 | 3.12% |
| $600k-1MM | 45 | $30,995,000 | $688,778 | $13,804 | 3.22% |
| $1MM+ | 2 | $2,830,000 | $1,415,000 | $13,252 | 3.00% |
2021 saw Amerifirst Financial Corporation place emphasis on $100k-200k loans with 5,748 originations, totaling $848,560,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k-75k | 3,468 | $628,380,000 | $181,194 | $5,197 | 3.35% |
| $50k or less | 3,367 | $437,445,000 | $129,921 | $4,812 | 3.41% |
| $75k-100k | 1,911 | $432,685,000 | $226,418 | $5,297 | 3.29% |
| $100k-150k | 1,829 | $491,815,000 | $268,898 | $5,332 | 3.23% |
| $150k-250k | 800 | $260,320,000 | $325,400 | $5,592 | 3.16% |
| $250k+ | 273 | $98,015,000 | $359,029 | $5,355 | 3.12% |
Amerifirst Financial Corporation lent most frequently to those with incomes in the $50k-75k range, with 3,468 originations. The second most popular income band? $50k or less, with 3,367 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 2,330 | $442,970,000 | $190,116 | $4,500 | 3.23% |
| 30-36% | 2,242 | $436,800,000 | $194,826 | $4,950 | 3.33% |
| <20% | 797 | $145,725,000 | $182,842 | $3,818 | 3.05% |
| 43% | 587 | $122,415,000 | $208,543 | $5,381 | 3.38% |
| 40% | 553 | $112,105,000 | $202,722 | $5,491 | 3.35% |
| 44% | 553 | $120,285,000 | $217,514 | $5,714 | 3.38% |
| 42% | 551 | $119,065,000 | $216,089 | $5,611 | 3.42% |
| 41% | 485 | $97,355,000 | $200,732 | $5,178 | 3.40% |
| 39% | 484 | $98,070,000 | $202,624 | $5,581 | 3.38% |
| 38% | 482 | $98,820,000 | $205,021 | $5,233 | 3.44% |
| 37% | 419 | $80,415,000 | $191,921 | $5,062 | 3.38% |
| 36% | 403 | $80,875,000 | $200,682 | $5,047 | 3.34% |
| 45% | 367 | $77,165,000 | $210,259 | $5,620 | 3.41% |
| 49% | 357 | $78,885,000 | $220,966 | $5,964 | 3.32% |
| 46% | 322 | $69,760,000 | $216,646 | $5,834 | 3.39% |
| 47% | 290 | $67,490,000 | $232,724 | $6,236 | 3.31% |
| 48% | 281 | $65,115,000 | $231,726 | $5,786 | 3.32% |
| 50-60% | 209 | $49,845,000 | $238,493 | $8,369 | 3.41% |
| >60% | 10 | $2,010,000 | $201,000 | $5,274 | 3.40% |
Amerifirst Financial Corporation lent most frequently to those with DTI ratios of 20-30%, with 2,330 originations. The next most common DTI ratio? 30-36%, with 2,242 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 9,946 | $1,956,170,000 | $196,679 | $5,006 | 3.28% |
| Not provided | 1,652 | $344,100,000 | $208,293 | $5,211 | 3.29% |
| Black | 534 | $117,890,000 | $220,768 | $6,646 | 3.44% |
| Asian | 135 | $36,745,000 | $272,185 | $5,355 | 3.15% |
| American Indian | 46 | $8,210,000 | $178,478 | $5,088 | 3.51% |
| Asian Indian | 12 | $3,730,000 | $310,833 | $5,183 | 2.96% |
| Native Hawaiian | 6 | $1,900,000 | $316,667 | $9,843 | 3.13% |
| Filipino | 2 | $1,300,000 | $650,000 | $6,712 | 3.06% |
| Other Asian | 3 | $535,000 | $178,333 | $3,210 | 2.92% |
| Other Pacific Islander | 3 | $445,000 | $148,333 | $4,050 | 3.04% |
| 1 | $305,000 | $305,000 | $10,564 | 3.25% | |
| Chinese | 1 | $235,000 | $235,000 | $7,022 | 3.00% |
Approval Rates
Total approvals of all applications93.36%
Amerifirst Financial Corporation has an average approval rate.
Pick Rate
Approvals leading to origination69.41%
Amerifirst Financial Corporation has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 12,341 | $2,471,565,000 | $200,273 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 12,341 | $2,471,565,000 | $200,273 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 232 | $30,470,000 | $131,336 | $3,534 | 2.89% |
| 40-60% | 1,023 | $173,685,000 | $169,780 | $3,709 | 2.96% |
| 60-80% | 3,437 | $686,315,000 | $199,684 | $4,129 | 3.21% |
| 80-100% | 6,841 | $1,427,485,000 | $208,666 | $5,738 | 3.44% |
| Over 100% | 164 | $43,580,000 | $265,732 | $11,686 | 3.38% |
| Under 20% | 14 | $1,290,000 | $92,143 | $3,665 | 2.74% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| AmeriFirst Financial Corporation | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 27.3% |
| AmeriFirst Financial Corporation | Conventional home mortgage | Closing on a mortgage | 1 | 9.1% |
| AmeriFirst Financial Corporation | Conventional home mortgage | Trouble during payment process | 1 | 9.1% |
| AmeriFirst Financial Corporation | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 9.1% |
| AmeriFirst Financial Corporation | FHA mortgage | Closing on a mortgage | 1 | 9.1% |
| AmeriFirst Financial Corporation | FHA mortgage | Trouble during payment process | 1 | 9.1% |
| AmeriFirst Financial Corporation | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 18.2% |
| AmeriFirst Financial Corporation | Other type of mortgage | Closing on a mortgage | 1 | 9.1% |
