Amerifirst Financial Corporation Mortgage Rates, Fees & Info

KALAMAZOO, MI

LEI: 54930080OKRZ7NNZIO71

Tax ID: 38-2699549

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

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

    Amerifirst Financial Corporation is a mid-sized 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 by origination volume include: Tampa, Orlando, Detroit, Cincinnati, and Indianapolis among others. We have data for 244 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Amerifirst Financial Corporation has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Amerifirst Financial Corporation 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.


    Originations

    17,085

    Origination Dollar Volume (All Markets)

    $3,303,485,000
    Show all (50) 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
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2,109 $471,645,000 $223,634 $5,658 3.24%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1,171 $311,665,000 $266,153 $6,543 3.23%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1,298 $231,020,000 $177,982 $3,977 3.28%
    Outside of Metro Areas 1,372 $200,570,000 $146,188 $4,188 3.31%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 865 $158,495,000 $183,231 $4,526 3.20%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 796 $144,450,000 $181,470 $3,862 3.11%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 670 $139,660,000 $208,448 $6,246 3.37%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 702 $118,990,000 $169,501 $3,966 3.20%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 446 $115,560,000 $259,103 $4,297 3.21%
    TOLEDO, OH (FHA|USDA|VA) 523 $83,045,000 $158,786 $4,869 3.24%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 192 $81,420,000 $424,063 $7,968 3.33%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 201 $65,385,000 $325,299 $7,568 3.27%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 336 $65,110,000 $193,780 $5,457 3.08%
    BATTLE CREEK, MI (FHA|USDA|VA) 363 $52,875,000 $145,661 $3,954 3.33%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 290 $52,240,000 $180,138 $3,711 3.10%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 228 $44,570,000 $195,482 $4,414 3.07%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 177 $43,645,000 $246,582 $6,139 3.25%
    NILES, MI (FHA|USDA|VA) 259 $42,125,000 $162,645 $4,998 3.45%
    RALEIGH-CARY, NC (FHA|USDA|VA) 148 $38,970,000 $263,311 $4,217 3.09%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 188 $32,650,000 $173,670 $5,317 3.28%
    New Castle, IN (FHA|USDA|VA) 254 $31,920,000 $125,669 $3,725 3.39%
    Traverse City, MI (FHA|USDA|VA) 141 $31,685,000 $224,716 $3,686 3.11%
    Holland, MI (FHA|USDA|VA) 173 $30,875,000 $178,468 $4,439 3.20%
    TALLAHASSEE, FL (FHA|USDA|VA) 166 $28,200,000 $169,880 $5,324 3.17%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 178 $27,070,000 $152,079 $5,469 3.16%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 174 $26,930,000 $154,770 $4,349 3.34%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 175 $26,185,000 $149,629 $3,632 3.18%
    Coldwater, MI (FHA|USDA|VA) 193 $25,985,000 $134,637 $4,334 3.25%
    ASHEVILLE, NC (FHA|USDA|VA) 95 $24,825,000 $261,316 $5,222 3.18%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 110 $23,240,000 $211,273 $6,113 3.23%
    GAINESVILLE, FL (FHA|USDA|VA) 123 $22,135,000 $179,959 $5,770 3.58%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 55 $22,095,000 $401,727 $6,872 3.28%
    Cadillac, MI (FHA|USDA|VA) 158 $21,940,000 $138,861 $4,110 3.14%
    Sturgis, MI (FHA|USDA|VA) 141 $19,105,000 $135,496 $4,477 3.30%
    LOUISVILLE, KY (FHA|USDA|VA) 95 $18,375,000 $193,421 $4,830 3.19%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 93 $16,245,000 $174,677 $4,147 3.32%
    OCALA, FL (FHA|USDA|VA) 100 $15,930,000 $159,300 $6,185 3.50%
    LIMA, OH (FHA|USDA|VA) 115 $15,455,000 $134,391 $5,004 3.20%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 96 $14,390,000 $149,896 $4,903 3.43%
    AKRON, OH (FHA|USDA|VA) 71 $12,245,000 $172,465 $4,856 3.17%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 37 $11,315,000 $305,811 $5,985 3.00%
    FLINT, MI (FHA|USDA|VA) 61 $10,945,000 $179,426 $4,283 3.22%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 44 $10,430,000 $237,045 $6,337 3.38%
    JACKSONVILLE, FL (FHA|USDA|VA) 40 $9,780,000 $244,500 $6,578 3.23%
    Salem, OH (FHA|USDA|VA) 66 $9,540,000 $144,545 $5,698 3.41%
    Big Rapids, MI (FHA|USDA|VA) 55 $8,695,000 $158,091 $3,608 3.33%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 48 $8,510,000 $177,292 $5,167 3.63%
    MONROE, MI (FHA|USDA|VA) 40 $7,740,000 $193,500 $4,140 3.19%
    JACKSON, MI (FHA|USDA|VA) 57 $7,635,000 $133,947 $3,367 3.34%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 34 $7,370,000 $216,765 $4,188 3.44%
    SAGINAW, MI (FHA|USDA|VA) 60 $7,200,000 $120,000 $3,299 3.22%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 25 $7,055,000 $282,200 $4,120 3.21%
    WINSTON-SALEM, NC (FHA|USDA|VA) 42 $7,030,000 $167,381 $4,129 3.36%
    ANN ARBOR, MI (FHA|USDA|VA) 31 $7,015,000 $226,290 $3,519 3.04%
    Hillsdale, MI (FHA|USDA|VA) 50 $6,720,000 $134,400 $4,513 3.37%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 24 $6,410,000 $267,083 $5,312 3.01%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 44 $6,300,000 $143,182 $5,996 3.41%
    MUNCIE, IN (FHA|USDA|VA) 51 $6,265,000 $122,843 $3,902 3.24%
    COLUMBUS, OH (FHA|USDA|VA) 34 $6,160,000 $181,176 $4,255 2.97%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 27 $5,995,000 $222,037 $5,852 3.21%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 22 $5,710,000 $259,545 $4,470 2.99%
    KOKOMO, IN (FHA|USDA|VA) 29 $5,575,000 $192,241 $4,295 3.21%
    MADISON, WI (FHA|USDA|VA) 18 $5,470,000 $303,889 $3,623 3.61%
    Wapakoneta, OH (FHA|USDA|VA) 37 $5,255,000 $142,027 $5,168 2.92%
    Greensburg, IN (FHA|USDA|VA) 37 $5,185,000 $140,135 $4,489 3.23%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 28 $5,160,000 $184,286 $4,306 3.47%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 32 $5,020,000 $156,875 $5,643 3.11%
    Connersville, IN (FHA|USDA|VA) 37 $5,005,000 $135,270 $3,980 3.49%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 23 $4,765,000 $207,174 $5,690 3.10%
    THE VILLAGES, FL (FHA|USDA|VA) 22 $4,310,000 $195,909 $7,706 3.78%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 21 $4,285,000 $204,048 $5,681 3.70%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 9 $4,285,000 $476,111 $6,080 3.24%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 18 $4,140,000 $230,000 $6,028 3.31%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 30 $3,990,000 $133,000 $3,998 3.57%
    Ludington, MI (FHA|USDA|VA) 17 $3,185,000 $187,353 $6,125 3.46%
    PUNTA GORDA, FL (FHA|USDA|VA) 14 $3,130,000 $223,571 $4,969 3.23%
    Alpena, MI (FHA|USDA|VA) 21 $3,105,000 $147,857 $4,205 3.26%
    Jasper, IN (FHA|USDA|VA) 20 $3,010,000 $150,500 $4,913 3.18%
    Fremont, OH (FHA|USDA|VA) 22 $2,890,000 $131,364 $5,451 3.75%
    Somerset, KY (FHA|USDA|VA) 21 $2,885,000 $137,381 $4,813 3.50%
    MIDLAND, MI (FHA|USDA|VA) 16 $2,880,000 $180,000 $4,027 3.19%
    Frankfort, KY (FHA|USDA|VA) 17 $2,735,000 $160,882 $5,702 3.21%
    BLOOMINGTON, IN (FHA|USDA|VA) 15 $2,435,000 $162,333 $4,509 3.19%
    WILMINGTON, NC (FHA|USDA|VA) 12 $2,430,000 $202,500 $4,972 3.11%
    North Wilkesboro, NC (FHA|USDA|VA) 16 $2,330,000 $145,625 $4,488 3.41%
    Adrian, MI (FHA|USDA|VA) 15 $2,315,000 $154,333 $5,067 3.38%
    MUSKEGON, MI (FHA|USDA|VA) 16 $2,270,000 $141,875 $3,089 3.12%
    Lewisburg, TN (FHA|USDA|VA) 15 $2,185,000 $145,667 $5,878 3.48%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $2,145,000 $238,333 $4,337 3.54%
    COLUMBUS, IN (FHA|USDA|VA) 12 $2,080,000 $173,333 $3,532 3.15%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 11 $2,015,000 $183,182 $4,023 2.73%
    BURLINGTON, NC (FHA|USDA|VA) 11 $1,935,000 $175,909 $4,066 3.24%
    FAYETTEVILLE, NC (FHA|USDA|VA) 10 $1,910,000 $191,000 $3,766 3.48%
    DANVILLE, IL (FHA|USDA|VA) 20 $1,910,000 $95,500 $3,690 3.36%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 9 $1,875,000 $208,333 $4,285 3.17%
    BAY CITY, MI (FHA|USDA|VA) 11 $1,815,000 $165,000 $5,502 3.24%
    TERRE HAUTE, IN (FHA|USDA|VA) 14 $1,810,000 $129,286 $5,349 3.42%
    Chillicothe, OH (FHA|USDA|VA) 12 $1,740,000 $145,000 $3,760 2.76%
    Richmond, IN (FHA|USDA|VA) 12 $1,650,000 $137,500 $4,344 3.44%
    Richmond-Berea, KY (FHA|USDA|VA) 9 $1,605,000 $178,333 $5,064 3.39%
    Marion, IN (FHA|USDA|VA) 16 $1,600,000 $100,000 $3,343 3.11%
    Bardstown, KY (FHA|USDA|VA) 8 $1,590,000 $198,750 $6,354 3.45%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 9 $1,555,000 $172,778 $5,340 3.44%
    Mount Pleasant, MI (FHA|USDA|VA) 10 $1,500,000 $150,000 $4,075 3.39%
    FORT WAYNE, IN (FHA|USDA|VA) 11 $1,305,000 $118,636 $3,060 3.19%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 9 $1,265,000 $140,556 $4,754 3.18%
    Brevard, NC (FHA|USDA|VA) 6 $1,240,000 $206,667 $3,273 3.06%
    OWENSBORO, KY (FHA|USDA|VA) 9 $1,195,000 $132,778 $3,730 3.04%
    Charleston-Mattoon, IL (FHA|USDA|VA) 14 $1,170,000 $83,571 $4,290 3.34%
    Campbellsville, KY (FHA|USDA|VA) 7 $1,105,000 $157,857 $3,990 2.96%
    APPLETON, WI (FHA|USDA|VA) 7 $1,105,000 $157,857 $3,398 3.29%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 7 $1,065,000 $152,143 $6,447 3.27%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $1,065,000 $355,000 $4,306 2.71%
    Palatka, FL (FHA|USDA|VA) 8 $1,040,000 $130,000 $5,983 3.72%
    SPARTANBURG, SC (FHA|USDA|VA) 5 $1,015,000 $203,000 $5,780 3.65%
    Alma, MI (FHA|USDA|VA) 9 $1,005,000 $111,667 $3,930 3.86%
    KNOXVILLE, TN (FHA|USDA|VA) 8 $970,000 $121,250 $4,265 3.34%
    Wooster, OH (FHA|USDA|VA) 5 $945,000 $189,000 $7,488 3.58%
    RACINE, WI (FHA|USDA|VA) 5 $935,000 $187,000 $3,258 3.28%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $885,000 $295,000 $4,716 2.75%
    Maysville, KY (FHA|USDA|VA) 9 $865,000 $96,111 $3,716 3.39%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 6 $860,000 $143,333 $4,595 4.10%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 4 $850,000 $212,500 $2,852 2.97%
    Crawfordsville, IN (FHA|USDA|VA) 5 $845,000 $169,000 $4,124 2.95%
    Warsaw, IN (FHA|USDA|VA) 3 $845,000 $281,667 $1,941 2.96%
    Albemarle, NC (FHA|USDA|VA) 5 $805,000 $161,000 $3,372 3.45%
    Lake City, FL (FHA|USDA|VA) 7 $795,000 $113,571 $6,674 4.02%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $745,000 $248,333 $0 2.83%
    Forest City, NC (FHA|USDA|VA) 2 $740,000 $370,000 $4,889 2.63%
    BOWLING GREEN, KY (FHA|USDA|VA) 4 $730,000 $182,500 $5,297 2.78%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $705,000 $705,000 $4,928 2.88%
    Sandusky, OH (FHA|USDA|VA) 4 $690,000 $172,500 $4,756 2.91%
    Boone, NC (FHA|USDA|VA) 2 $690,000 $345,000 $3,600 2.69%
    Celina, OH (FHA|USDA|VA) 4 $670,000 $167,500 $7,120 3.03%
    GREENVILLE, NC (FHA|USDA|VA) 3 $665,000 $221,667 $3,386 2.58%
    COLUMBIA, SC (FHA|USDA|VA) 3 $665,000 $221,667 $3,364 3.21%
    Defiance, OH (FHA|USDA|VA) 5 $665,000 $133,000 $5,275 3.05%
    London, KY (FHA|USDA|VA) 4 $660,000 $165,000 $6,041 3.53%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $640,000 $320,000 $4,193 3.44%
    BAKERSFIELD, CA (FHA|USDA|VA) 4 $630,000 $157,500 $8,996 3.56%
    Peru, IN (FHA|USDA|VA) 4 $630,000 $157,500 $3,555 3.50%
    ROCKY MOUNT, NC (FHA|USDA|VA) 2 $620,000 $310,000 $3,515 2.63%
    Madison, IN (FHA|USDA|VA) 4 $610,000 $152,500 $3,784 3.66%
    Shelbyville, TN (FHA|USDA|VA) 3 $595,000 $198,333 $5,784 3.75%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 5 $595,000 $119,000 $2,404 3.48%
    Mount Airy, NC (FHA|USDA|VA) 3 $575,000 $191,667 $8,346 3.21%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 5 $565,000 $113,000 $3,147 3.78%
    GREEN BAY, WI (FHA|USDA|VA) 3 $565,000 $188,333 $4,976 3.50%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 4 $560,000 $140,000 $4,812 3.41%
    Bellefontaine, OH (FHA|USDA|VA) 4 $560,000 $140,000 $4,120 3.03%
    Kill Devil Hills, NC (FHA|USDA|VA) 2 $550,000 $275,000 $3,973 3.44%
    PITTSBURGH, PA (FHA|USDA|VA) 3 $535,000 $178,333 $9,889 3.79%
    MERCED, CA (FHA|USDA|VA) 1 $515,000 $515,000 $7,621 3.38%
    North Vernon, IN (FHA|USDA|VA) 3 $515,000 $171,667 $5,360 2.79%
    Key West, FL (FHA|USDA|VA) 1 $505,000 $505,000 $5,669 3.00%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $495,000 $495,000 $3,852 2.88%
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $490,000 $245,000 $11,848 4.25%
    Escanaba, MI (FHA|USDA|VA) 6 $490,000 $81,667 $4,139 3.71%
    Georgetown, SC (FHA|USDA|VA) 3 $485,000 $161,667 $4,567 3.25%
    Norwalk, OH (FHA|USDA|VA) 4 $470,000 $117,500 $5,421 2.97%
    Logansport, IN (FHA|USDA|VA) 4 $460,000 $115,000 $4,527 3.22%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $450,000 $225,000 $7,107 4.19%
    Wilmington, OH (FHA|USDA|VA) 3 $445,000 $148,333 $3,103 3.42%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $420,000 $210,000 $4,252 3.38%
    Angola, IN (FHA|USDA|VA) 2 $390,000 $195,000 $5,335 2.75%
    MORRISTOWN, TN (FHA|USDA|VA) 2 $380,000 $190,000 $4,568 3.00%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $375,000 $375,000 $0 2.88%
    Glasgow, KY (FHA|USDA|VA) 2 $370,000 $185,000 $3,411 3.81%
    Frankfort, IN (FHA|USDA|VA) 1 $365,000 $365,000 $9,631 2.75%
    FLORENCE, SC (FHA|USDA|VA) 3 $365,000 $121,667 $5,549 4.50%
    MODESTO, CA (FHA|USDA|VA) 1 $365,000 $365,000 $3,389 2.75%
    Lawrenceburg, TN (FHA|USDA|VA) 3 $365,000 $121,667 $5,964 3.50%
    Scottsboro, AL (FHA|USDA|VA) 1 $355,000 $355,000 $3,299 3.00%
    Washington, IN (FHA|USDA|VA) 3 $345,000 $115,000 $4,333 3.21%
    Wauchula, FL (FHA|USDA|VA) 2 $340,000 $170,000 $5,712 2.69%
    Findlay, OH (FHA|USDA|VA) 3 $325,000 $108,333 $3,458 3.33%
    Van Wert, OH (FHA|USDA|VA) 3 $325,000 $108,333 $4,773 3.17%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $320,000 $160,000 $2,391 3.00%
    SUMTER, SC (FHA|USDA|VA) 2 $320,000 $160,000 $3,539 2.44%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $320,000 $160,000 $3,472 2.69%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $310,000 $155,000 $3,658 3.13%
    McMinnville, TN (FHA|USDA|VA) 2 $310,000 $155,000 $3,844 3.13%
    ALTOONA, PA (FHA|USDA|VA) 2 $310,000 $155,000 $5,280 2.81%
    SPRINGFIELD, OH (FHA|USDA|VA) 3 $305,000 $101,667 $6,583 3.63%
    Point Pleasant, WV-OH (FHA|USDA|VA) 1 $305,000 $305,000 $5,396 2.88%
    Tiffin, OH (FHA|USDA|VA) 3 $305,000 $101,667 $5,149 3.17%
    MANSFIELD, OH (FHA|USDA|VA) 2 $290,000 $145,000 $5,720 3.13%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $285,000 $285,000 $4,093 3.00%
    Washington, NC (FHA|USDA|VA) 1 $275,000 $275,000 $7,598 2.75%
    Sault Ste. Marie, MI (FHA|USDA|VA) 2 $270,000 $135,000 $2,957 2.94%
    Ashtabula, OH (FHA|USDA|VA) 2 $270,000 $135,000 $5,251 2.75%
    Scottsburg, IN (FHA|USDA|VA) 2 $260,000 $130,000 $3,141 2.81%
    Danville, KY (FHA|USDA|VA) 2 $260,000 $130,000 $3,257 2.81%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $255,000 $255,000 $8,634 3.50%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 3 $255,000 $85,000 $4,365 3.50%
    NEW BERN, NC (FHA|USDA|VA) 2 $250,000 $125,000 $3,192 2.88%
    Greenville, OH (FHA|USDA|VA) 2 $250,000 $125,000 $5,088 3.13%
    Mount Sterling, KY (FHA|USDA|VA) 1 $235,000 $235,000 $8,791 3.75%
    Marion, NC (FHA|USDA|VA) 1 $225,000 $225,000 $4,468 2.75%
    Fort Payne, AL (FHA|USDA|VA) 2 $210,000 $105,000 $3,286 3.25%
    MOBILE, AL (FHA|USDA|VA) 1 $205,000 $205,000 $9,664 3.63%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $205,000 $205,000 $8,379 2.75%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $205,000 $205,000 $7,021 3.50%
    Wabash, IN (FHA|USDA|VA) 2 $200,000 $100,000 $3,094 2.81%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,958 3.13%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $195,000 $195,000 $7,751 3.63%
    JACKSON, TN (FHA|USDA|VA) 2 $190,000 $95,000 $4,696 3.25%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $185,000 $185,000 $4,789 2.63%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $185,000 $185,000 $6,096 2.88%
    Rockingham, NC (FHA|USDA|VA) 2 $180,000 $90,000 $4,714 4.06%
    Bedford, IN (FHA|USDA|VA) 1 $175,000 $175,000 $4,571 2.50%
    Vincennes, IN (FHA|USDA|VA) 2 $170,000 $85,000 $5,318 5.63%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $170,000 $85,000 $4,578 4.38%
    Seymour, IN (FHA|USDA|VA) 1 $165,000 $165,000 $5,237 2.88%
    Newport, TN (FHA|USDA|VA) 1 $155,000 $155,000 $4,330 3.00%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $155,000 $155,000 $4,403 3.50%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $155,000 $155,000 $4,088 3.25%
    Huntington, IN (FHA|USDA|VA) 2 $150,000 $75,000 $3,811 3.38%
    Marquette, MI (FHA|USDA|VA) 2 $150,000 $75,000 $4,335 4.44%
    Arcadia, FL (FHA|USDA|VA) 1 $145,000 $145,000 $4,126 3.25%
    Portsmouth, OH (FHA|USDA|VA) 1 $145,000 $145,000 $7,888 3.50%
    HUNTSVILLE, AL (FHA|USDA|VA) 2 $140,000 $70,000 $6,255 4.50%
    Marion, OH (FHA|USDA|VA) 1 $135,000 $135,000 $3,593 3.25%
    Athens, TN (FHA|USDA|VA) 1 $135,000 $135,000 $5,848 3.38%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $115,000 $115,000 $2,904 2.88%
    Baraboo, WI (FHA|USDA|VA) 1 $115,000 $115,000 $4,575 4.50%
    Iron Mountain, MI-WI (FHA|USDA|VA) 1 $115,000 $115,000 $6,341 2.88%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $115,000 $115,000 $7,910 4.63%
    Gaffney, SC (FHA|USDA|VA) 1 $105,000 $105,000 $2,334 2.88%
    Dayton, TN (FHA|USDA|VA) 1 $105,000 $105,000 $4,546 3.88%
    Plymouth, IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,551 5.50%
    New Castle, PA (FHA|USDA|VA) 1 $105,000 $105,000 $6,038 2.75%
    Greeneville, TN (FHA|USDA|VA) 1 $105,000 $105,000 $4,501 3.88%
    Greenwood, SC (FHA|USDA|VA) 1 $95,000 $95,000 $3,382 3.63%
    Orangeburg, SC (FHA|USDA|VA) 1 $95,000 $95,000 $4,502 3.13%
    Decatur, IN (FHA|USDA|VA) 1 $95,000 $95,000 $2,845 3.13%
    Selma, AL (FHA|USDA|VA) 1 $85,000 $85,000 $6,266 5.88%
    Lumberton, NC (FHA|USDA|VA) 1 $85,000 $85,000 $7,426 2.88%
    DOTHAN, AL (FHA|USDA|VA) 1 $85,000 $85,000 $4,991 3.50%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $85,000 $85,000 $4,529 3.25%
    Sanford, NC (FHA|USDA|VA) 1 $75,000 $75,000 $6,541 3.75%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $65,000 $65,000 $5,584 3.38%
    Jackson, OH (FHA|USDA|VA) 1 $55,000 $55,000 $4,651 3.50%
    Alexander City, AL (FHA|USDA|VA) 1 $55,000 $55,000 $6,405 5.38%
    Amerifirst Financial Corporation's top markets include Tampa, Orlando, Detroit, Cincinnati, and Indianapolis among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Similar Lenders

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

    BlueOx Credit Union
    Similarity Rank: 40
    West Michigan Credit Union
    Similarity Rank: 140
    Isabella Bank
    Similarity Rank: 140
    Kellogg Community Credit Union
    Similarity Rank: 204
    OMNI Community Credit Union
    Similarity Rank: 304
    The North Side Bank & Trust Company
    Similarity Rank: 350
    Ohio Catholic Federal Credit Union
    Similarity Rank: 392
    CONSUMERS
    Similarity Rank: 560
    SUMMIT HOME MORTGAGE, LLC
    Similarity Rank: 592
    CINFED Federal Credit Union
    Similarity Rank: 651

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 10,535 $2,136,355,000 $202,786 $3,727 3.15%
    FHA 3,589 $627,695,000 $174,894 $7,962 3.59%
    USDA 1,573 $216,565,000 $137,676 $5,458 3.29%
    VA 1,388 $322,870,000 $232,615 $4,977 3.11%

    For 2020, Amerifirst Financial Corporation's most frequently originated type of loan was Conventional, with 10,535 originations. Their 2nd most popular type was FHA, with 3,589 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 9,629 $1,840,405,000 $191,131 $5,686 3.41%
    Refi 5,774 $1,136,600,000 $196,848 $3,781 2.99%
    Cash Out Refi 1,596 $311,310,000 $195,056 $4,162 3.23%
    Other 81 $14,415,000 $177,963 $4,175 3.46%
    Home Improvement 5 $755,000 $151,000 $4,683 3.28%

    For 2020, Amerifirst Financial Corporation's most frequently cited loan purpose was Home Purchase, with 9,629 originations. The 2nd most popular reason was Refi, with 5,774 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 14,729 $2,878,185,000 $195,409 $5,150 3.32%
    15 Year 1,559 $268,405,000 $172,165 $3,178 2.70%
    20 Year 622 $123,250,000 $198,151 $3,411 3.04%
    Other 94 $20,300,000 $215,957 $3,936 3.11%
    10 Year 78 $12,920,000 $165,641 $3,213 2.58%
    30+ year 3 $425,000 $141,667 $10,469 5.25%

    For 2020, Amerifirst Financial Corporation's most frequently cited loan duration was 30 Year, with 14,729 originations. The 2nd most popular length was 15 Year, with 1,559 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 10,474 $2,021,850,000 $193,035
    $2k-3k 2,768 $451,760,000 $163,208
    $3k-4k 1,937 $371,465,000 $191,773
    $4k-5k 679 $172,785,000 $254,470
    $<1k 560 $108,550,000 $193,839
    $5k+ 438 $140,020,000 $319,680

    Amerifirst Financial Corporation's average total fees were $5,150, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 10,474 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 7,287 $1,375,885,000 $188,814
    2.5-3% 6,880 $1,419,340,000 $206,299
    4-5% 1,406 $218,550,000 $155,441
    <2.5% 1,168 $240,870,000 $206,224
    5-6% 333 $47,695,000 $143,228
    6-7% 11 $1,145,000 $104,091

    During 2020, Amerifirst Financial Corporation's average interest rate for loans was 3.32%, while their most frequently originated rate bucket for loans was 3-4%, with 7,287 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 8,256 $1,228,200,000 $148,765 $4,555 3.26%
    $200k-400k 5,693 $1,524,855,000 $267,847 $5,623 3.15%
    $100,000 or less 2,376 $184,330,000 $77,580 $3,712 3.52%
    $400k-600k 710 $330,900,000 $466,056 $6,325 3.07%
    $600k-1MM 49 $34,055,000 $695,000 $12,054 3.20%
    $1MM+ 1 $1,145,000 $1,145,000 $12,683 2.63%

    2020 saw Amerifirst Financial Corporation place emphasis on $100k-200k loans with 8,256 originations, totaling $1,228,200,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 4,592 $795,160,000 $173,162 $5,089 3.32%
    $50k or less 4,127 $516,295,000 $125,102 $4,775 3.41%
    $100k-150k 2,628 $658,320,000 $250,502 $4,859 3.15%
    $75k-100k 2,580 $544,450,000 $211,027 $5,011 3.25%
    $150k-250k 1,160 $351,800,000 $303,276 $4,993 3.11%
    $250k+ 348 $125,140,000 $359,598 $4,985 3.10%

    Amerifirst Financial Corporation lent most frequently to those with incomes in the $50k-75k range, with 4,592 originations. The second most popular income band? $50k or less, with 4,127 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 3,553 $662,435,000 $186,444 $4,257 3.19%
    30-36% 3,104 $584,540,000 $188,318 $4,696 3.29%
    <20% 1,146 $218,090,000 $190,305 $3,682 3.03%
    44% 671 $134,565,000 $200,544 $5,282 3.40%
    40% 650 $121,760,000 $187,323 $5,170 3.40%
    39% 640 $124,370,000 $194,328 $5,290 3.34%
    41% 627 $124,815,000 $199,067 $5,187 3.33%
    38% 610 $115,180,000 $188,820 $5,053 3.37%
    37% 608 $119,750,000 $196,957 $5,005 3.35%
    42% 596 $115,210,000 $193,305 $5,305 3.36%
    43% 596 $114,910,000 $192,802 $5,214 3.36%
    36% 590 $117,330,000 $198,864 $5,064 3.33%
    50-60% 405 $90,335,000 $223,049 $9,102 3.44%
    45% 400 $84,590,000 $211,475 $5,812 3.27%
    49% 362 $76,390,000 $211,022 $5,779 3.28%
    46% 355 $77,625,000 $218,662 $5,645 3.28%
    47% 346 $74,230,000 $214,538 $5,720 3.27%
    48% 311 $65,165,000 $209,534 $5,850 3.38%
    >60% 4 $1,200,000 $300,000 $8,496 3.53%

    Amerifirst Financial Corporation lent most frequently to those with DTI ratios of 20-30%, with 3,553 originations. The next most common DTI ratio? 30-36%, with 3,104 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 14,225 $2,720,535,000 $191,250 $4,801 3.25%
    Not provided 1,935 $379,455,000 $196,101 $5,036 3.24%
    Black 627 $131,215,000 $209,274 $6,331 3.40%
    Asian 203 $53,025,000 $261,207 $5,275 3.16%
    American Indian 55 $8,745,000 $159,000 $5,211 3.62%
    Asian Indian 10 $2,970,000 $297,000 $4,445 2.79%
    Native Hawaiian or Islander 13 $2,595,000 $199,615 $5,576 3.19%
    Other Asian 5 $1,515,000 $303,000 $9,640 3.55%
    Filipino 3 $1,325,000 $441,667 $8,406 3.00%
    Other Pacific Islander 3 $615,000 $205,000 $8,639 3.75%
    Vietnamese 2 $430,000 $215,000 $9,537 3.81%
    1 $355,000 $355,000 $2,723 2.75%
    Japanese 1 $255,000 $255,000 $2,916 3.38%
    Chinese 1 $255,000 $255,000 $2,516 2.75%
    Korean 1 $195,000 $195,000 $3,713 4.50%

    Approval Rates

    Total approvals of all applications
    92.77%

    Amerifirst Financial Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    70.18%

    Amerifirst Financial Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 17,085 $3,303,485,000 $193,356

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 787 $93,615,000 $118,952
    Single Family (1-4 Units):Site-Built 16,298 $3,209,870,000 $196,949

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 250 $35,310,000 $141,240 $3,316 2.95%
    40-60% 1,161 $205,565,000 $177,059 $3,393 2.95%
    60-80% 4,509 $907,445,000 $201,252 $3,701 3.14%
    80-100% 9,399 $1,812,615,000 $192,852 $5,603 3.39%
    Over 100% 230 $56,950,000 $247,609 $10,253 3.40%
    Under 20% 13 $2,035,000 $156,538 $3,553 2.91%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    AmeriFirst Financial Corporation Conventional home mortgage Struggling to pay mortgage 1 25.0%
    AmeriFirst Financial Corporation Conventional home mortgage Trouble during payment process 1 25.0%
    AmeriFirst Financial Corporation FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    AmeriFirst Financial Corporation FHA mortgage Struggling to pay mortgage 1 25.0%