Amerifirst Financial Corporation Mortgage Rates, Fees & Info

KALAMAZOO, MI

LEI: 54930080OKRZ7NNZIO71

Tax ID: 38-2699549

3.7 stars - out of 5 stars, based on 111 reviews

2021 Data | 2020 Data | 2019 Data | 2018 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

12,341

Origination Dollar Volume (All Markets)

$2,471,565,000
Show all (14) awards

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 applications
93.36%

Amerifirst Financial Corporation has an average approval rate.

Pick Rate

Approvals leading to origination
69.41%

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%