Amerifirst Financial Corporation Mortgage Rates, Fees & Info
KALAMAZOO, MILEI: 54930080OKRZ7NNZIO71
Tax ID: 38-2699549
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Amerifirst Financial Corporation is a small mortgage company specializing in Home Purchase 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: Grand Rapids, Detroit, Orlando, Indianapolis, and Tampa among others. We have data for 181 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 relatively high 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 |
|---|---|---|
| 30 Year Conventional Purchase | 7.32% | 11/21/24 |
| 30 Year Conventional Refi | 7.31% | 11/21/24 |
| 30 Year Cash-out Refi | 7.32% | 11/21/24 |
| 30 Year FHA Purchase | 8.02% | 11/21/24 |
| 30 Year FHA Refi | 8.14% | 11/21/24 |
| 30 Year VA Purchase | 6.87% | 11/21/24 |
| 30 Year VA Refi | 6.42% | 11/21/24 |
| 30 Year USDA Purchase | 7.44% | 11/21/24 |
| 30 Year USDA Refi | 7.57% | 11/21/24 |
| 15 Year Conventional Purchase | 6.54% | 11/21/24 |
| 15 Year Conventional Refi | 6.45% | 11/21/24 |
| 15 Year Cash-out Refi | 6.45% | 11/21/24 |
| 15 Year FHA Purchase | 5.68% | 11/21/24 |
| 15 Year FHA Refi | 5.68% | 11/21/24 |
| 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. | ||
Amerifirst Financial Corporation Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Amerifirst Financial Corporation. 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
9,402Origination Dollar Volume (All Markets)
$1,430,990,000Awards
AMERIFIRST FINANCIAL CORPORATION - 2018
AMERIFIRST FINANCIAL CORPORATION is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
Work for AMERIFIRST FINANCIAL CORPORATION?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1,599 | $282,855,000 | $176,895 | $3,360 | 5.00% |
| Outside of Metro Areas | 980 | $116,700,000 | $119,082 | $3,839 | 5.23% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 673 | $102,445,000 | $152,221 | $4,119 | 5.17% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 422 | $96,220,000 | $228,009 | $6,217 | 5.20% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 629 | $91,575,000 | $145,588 | $4,056 | 5.20% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 335 | $62,245,000 | $185,806 | $4,893 | 5.15% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 337 | $49,825,000 | $147,849 | $4,482 | 5.14% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 288 | $43,010,000 | $149,340 | $3,818 | 5.05% |
| TOLEDO, OH (FHA|USDA|VA) | 291 | $39,035,000 | $134,141 | $4,934 | 5.02% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 245 | $36,875,000 | $150,510 | $6,426 | 4.89% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 273 | $33,795,000 | $123,791 | $3,709 | 4.87% |
| Holland, MI (FHA|USDA|VA) | 164 | $26,360,000 | $160,732 | $4,316 | 5.17% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 225 | $26,245,000 | $116,644 | $3,619 | 5.12% |
| NILES, MI (FHA|USDA|VA) | 185 | $23,535,000 | $127,216 | $4,855 | 5.26% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 48 | $20,450,000 | $426,042 | $9,370 | 5.21% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 85 | $16,855,000 | $198,294 | $4,444 | 5.26% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 107 | $16,855,000 | $157,523 | $4,416 | 5.17% |
| New Castle, IN (FHA|USDA|VA) | 142 | $14,770,000 | $104,014 | $3,285 | 5.32% |
| Sturgis, MI (FHA|USDA|VA) | 113 | $14,215,000 | $125,796 | $4,426 | 5.24% |
| Coldwater, MI (FHA|USDA|VA) | 114 | $12,690,000 | $111,316 | $4,305 | 5.11% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 90 | $11,650,000 | $129,444 | $5,776 | 5.70% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 94 | $11,590,000 | $123,298 | $4,726 | 5.31% |
| Cadillac, MI (FHA|USDA|VA) | 94 | $10,740,000 | $114,255 | $5,159 | 5.30% |
| Big Rapids, MI (FHA|USDA|VA) | 72 | $10,060,000 | $139,722 | $3,478 | 5.14% |
| GAINESVILLE, FL (FHA|USDA|VA) | 66 | $9,930,000 | $150,455 | $4,987 | 5.36% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 30 | $9,840,000 | $328,000 | $10,155 | 5.30% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 49 | $9,335,000 | $190,510 | $6,836 | 5.23% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 61 | $8,935,000 | $146,475 | $4,990 | 5.29% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 55 | $8,395,000 | $152,636 | $4,335 | 5.31% |
| OWENSBORO, KY (FHA|USDA|VA) | 61 | $8,025,000 | $131,557 | $4,330 | 4.92% |
| MUNCIE, IN (FHA|USDA|VA) | 59 | $7,075,000 | $119,915 | $3,311 | 4.96% |
| Chillicothe, OH (FHA|USDA|VA) | 57 | $6,685,000 | $117,281 | $3,726 | 5.20% |
| Hillsdale, MI (FHA|USDA|VA) | 63 | $6,635,000 | $105,317 | $4,656 | 5.24% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 29 | $6,295,000 | $217,069 | $6,282 | 4.88% |
| AKRON, OH (FHA|USDA|VA) | 48 | $6,160,000 | $128,333 | $5,154 | 5.28% |
| MUSKEGON, MI (FHA|USDA|VA) | 49 | $6,135,000 | $125,204 | $3,458 | 5.26% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 30 | $6,100,000 | $203,333 | $6,365 | 5.29% |
| LOUISVILLE, KY (FHA|USDA|VA) | 36 | $5,970,000 | $165,833 | $4,284 | 5.13% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 38 | $5,970,000 | $157,105 | $4,444 | 5.23% |
| DANVILLE, IL (FHA|USDA|VA) | 65 | $5,915,000 | $91,000 | $4,080 | 5.51% |
| LIMA, OH (FHA|USDA|VA) | 43 | $5,485,000 | $127,558 | $5,264 | 5.07% |
| JACKSON, MI (FHA|USDA|VA) | 43 | $5,135,000 | $119,419 | $4,424 | 5.22% |
| Traverse City, MI (FHA|USDA|VA) | 30 | $5,130,000 | $171,000 | $4,328 | 5.34% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 31 | $4,765,000 | $153,710 | $4,221 | 5.22% |
| APPLETON, WI (FHA|USDA|VA) | 26 | $4,510,000 | $173,462 | $4,012 | 4.87% |
| MONROE, MI (FHA|USDA|VA) | 23 | $4,085,000 | $177,609 | $4,003 | 4.83% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 30 | $3,840,000 | $128,000 | $5,263 | 5.38% |
| FLINT, MI (FHA|USDA|VA) | 22 | $3,780,000 | $171,818 | $4,170 | 5.43% |
| SAGINAW, MI (FHA|USDA|VA) | 32 | $3,480,000 | $108,750 | $3,541 | 5.41% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 9 | $3,425,000 | $380,556 | $9,391 | 5.10% |
| Salem, OH (FHA|USDA|VA) | 30 | $3,390,000 | $113,000 | $6,111 | 5.66% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 26 | $3,300,000 | $126,923 | $3,646 | 5.58% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 22 | $3,260,000 | $148,182 | $4,425 | 5.28% |
| COLUMBUS, OH (FHA|USDA|VA) | 20 | $3,150,000 | $157,500 | $5,839 | 5.03% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 18 | $3,050,000 | $169,444 | $4,775 | 5.43% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 25 | $3,015,000 | $120,600 | $3,168 | 5.40% |
| ANN ARBOR, MI (FHA|USDA|VA) | 12 | $2,960,000 | $246,667 | $3,823 | 4.93% |
| OCALA, FL (FHA|USDA|VA) | 25 | $2,955,000 | $118,200 | $4,570 | 5.44% |
| Wapakoneta, OH (FHA|USDA|VA) | 20 | $2,590,000 | $129,500 | $5,690 | 4.94% |
| Alpena, MI (FHA|USDA|VA) | 27 | $2,505,000 | $92,778 | $3,735 | 5.28% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 14 | $2,500,000 | $178,571 | $6,135 | 5.32% |
| KOKOMO, IN (FHA|USDA|VA) | 19 | $2,445,000 | $128,684 | $4,513 | 5.02% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 17 | $2,435,000 | $143,235 | $4,543 | 5.04% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 8 | $2,410,000 | $301,250 | $5,086 | 4.89% |
| COLUMBUS, IN (FHA|USDA|VA) | 17 | $2,165,000 | $127,353 | $4,069 | 4.95% |
| Greensburg, IN (FHA|USDA|VA) | 19 | $2,105,000 | $110,789 | $4,503 | 5.32% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 13 | $1,835,000 | $141,154 | $5,097 | 5.34% |
| North Wilkesboro, NC (FHA|USDA|VA) | 13 | $1,665,000 | $128,077 | $5,021 | 5.60% |
| Jasper, IN (FHA|USDA|VA) | 13 | $1,635,000 | $125,769 | $4,383 | 5.36% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $1,525,000 | $305,000 | $5,247 | 5.12% |
| MADISON, WI (FHA|USDA|VA) | 5 | $1,425,000 | $285,000 | $5,537 | 5.25% |
| Connersville, IN (FHA|USDA|VA) | 13 | $1,375,000 | $105,769 | $3,715 | 5.40% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 11 | $1,365,000 | $124,091 | $4,984 | 5.55% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 9 | $1,345,000 | $149,444 | $5,377 | 5.46% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 12 | $1,340,000 | $111,667 | $4,752 | 5.19% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 6 | $1,340,000 | $223,333 | $5,261 | 5.15% |
| Adrian, MI (FHA|USDA|VA) | 10 | $1,300,000 | $130,000 | $4,269 | 5.09% |
| Ludington, MI (FHA|USDA|VA) | 9 | $1,215,000 | $135,000 | $4,320 | 5.26% |
| Mount Pleasant, MI (FHA|USDA|VA) | 11 | $1,195,000 | $108,636 | $4,320 | 5.34% |
| Bardstown, KY (FHA|USDA|VA) | 7 | $1,155,000 | $165,000 | $4,334 | 5.21% |
| Richmond, IN (FHA|USDA|VA) | 10 | $940,000 | $94,000 | $3,789 | 5.34% |
| Fremont, OH (FHA|USDA|VA) | 8 | $920,000 | $115,000 | $4,294 | 5.08% |
| MIDLAND, MI (FHA|USDA|VA) | 7 | $905,000 | $129,286 | $3,420 | 5.18% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 7 | $895,000 | $127,857 | $6,047 | 5.27% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $855,000 | $171,000 | $5,401 | 5.35% |
| Jackson, OH (FHA|USDA|VA) | 9 | $845,000 | $93,889 | $3,934 | 5.03% |
| Lewisburg, TN (FHA|USDA|VA) | 7 | $805,000 | $115,000 | $5,328 | 5.27% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 5 | $765,000 | $153,000 | $2,410 | 4.98% |
| Alma, MI (FHA|USDA|VA) | 7 | $755,000 | $107,857 | $2,907 | 5.36% |
| Madison, IN (FHA|USDA|VA) | 5 | $735,000 | $147,000 | $4,258 | 5.40% |
| BAY CITY, MI (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $3,265 | 4.87% |
| THE VILLAGES, FL (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $5,483 | 5.44% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $5,379 | 4.96% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $19,083 | 5.25% |
| BURLINGTON, NC (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $5,721 | 5.50% |
| Decatur, IN (FHA|USDA|VA) | 6 | $620,000 | $103,333 | $4,016 | 4.88% |
| Baraboo, WI (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $5,863 | 5.75% |
| FOND DU LAC, WI (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $3,605 | 5.08% |
| Wilmington, OH (FHA|USDA|VA) | 5 | $605,000 | $121,000 | $3,664 | 4.60% |
| FORT WAYNE, IN (FHA|USDA|VA) | 5 | $585,000 | $117,000 | $3,621 | 4.90% |
| GREEN BAY, WI (FHA|USDA|VA) | 5 | $575,000 | $115,000 | $3,745 | 4.70% |
| Wooster, OH (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $4,737 | 5.38% |
| Marion, IN (FHA|USDA|VA) | 5 | $535,000 | $107,000 | $2,469 | 4.89% |
| Palatka, FL (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $5,287 | 5.71% |
| Glasgow, KY (FHA|USDA|VA) | 4 | $450,000 | $112,500 | $4,002 | 5.41% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $2,967 | 5.06% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,841 | 5.25% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,069 | 5.25% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $5,468 | 5.66% |
| Peru, IN (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $2,755 | 5.09% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $16,125 | 6.13% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $20,928 | 5.75% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $3,959 | 5.25% |
| Wabash, IN (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $1,110 | 4.25% |
| Van Wert, OH (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $4,453 | 5.31% |
| Bedford, IN (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $9,194 | 5.88% |
| Shelby, NC (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $5,282 | 6.06% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $5,323 | 5.19% |
| Sidney, OH (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,810 | 5.25% |
| Seymour, IN (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $4,045 | 4.56% |
| Athens, OH (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,837 | 4.19% |
| Ashland, OH (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $5,203 | 4.88% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,702 | 4.75% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 4 | $330,000 | $82,500 | $5,132 | 4.88% |
| Tiffin, OH (FHA|USDA|VA) | 4 | $320,000 | $80,000 | $4,465 | 5.25% |
| Maysville, KY (FHA|USDA|VA) | 4 | $320,000 | $80,000 | $4,411 | 4.91% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 5.00% |
| Lawrenceburg, TN (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $5,196 | 5.58% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $4,630 | 5.08% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,680 | 4.63% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $12,082 | 4.50% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $3,355 | 4.92% |
| Celina, OH (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $6,157 | 5.63% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $4,023 | 5.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $5,840 | 5.31% |
| Campbellsville, KY (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $2,099 | 5.62% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $13,488 | 6.00% |
| Marion, OH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,202 | 4.38% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,304 | 4.94% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,603 | 5.63% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,596 | 5.88% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,945 | 5.25% |
| Findlay, OH (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $4,382 | 5.13% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $10,478 | 5.63% |
| Ashtabula, OH (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $4,865 | 4.83% |
| Logansport, IN (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $3,444 | 4.88% |
| Iron Mountain, MI-WI (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,177 | 5.50% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $9,950 | 5.75% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,033 | 5.50% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,632 | 5.25% |
| Bellefontaine, OH (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $4,491 | 5.38% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,523 | 4.75% |
| Marquette, MI (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $3,612 | 5.06% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,123 | 5.75% |
| Frankfort, IN (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $3,251 | 4.94% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,769 | 5.13% |
| Athens, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,228 | 5.88% |
| Albemarle, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,255 | 6.00% |
| Lake City, FL (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $2,626 | 5.75% |
| Crossville, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,278 | 5.75% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,015 | 4.75% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,346 | 5.00% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.75% |
| Sandusky, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,962 | 4.75% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,867 | 4.50% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,086 | 5.25% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,124 | 4.75% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,918 | 5.50% |
| Scottsburg, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,695 | 5.25% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,263 | 6.50% |
| North Vernon, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,768 | 5.25% |
| Defiance, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,064 | 4.75% |
| Bluffton, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,408 | 4.75% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,139 | 5.38% |
| Portsmouth, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,083 | 5.25% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,782 | 5.25% |
| Washington, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,636 | 5.25% |
| Vincennes, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,641 | 5.25% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,497 | 5.38% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $5,473 | 4.88% |
| Manitowoc, WI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,286 | 5.25% |
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.
Similarity Rank: 32
Similarity Rank: 48
Similarity Rank: 52
Similarity Rank: 90
Similarity Rank: 216
Similarity Rank: 255
Similarity Rank: 256
Similarity Rank: 279
Similarity Rank: 340
Similarity Rank: 364
Product Mix
For 2018, Amerifirst Financial Corporation's most frequently originated type of loan was Conventional, with 5,132 originations. Their 2nd most popular type was FHA, with 2,493 originations.
Loan Reason
For 2018, Amerifirst Financial Corporation's most frequently cited loan purpose was Home Purchase, with 8,587 originations. The 2nd most popular reason was Cash Out Refi, with 396 originations.
Loan Duration/Length
For 2018, Amerifirst Financial Corporation's most frequently cited loan duration was 30 Year, with 8,975 originations. The 2nd most popular length was 15 Year, with 322 originations.
Origination Fees/Closing Costs
Amerifirst Financial Corporation's average total fees were $4,383, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 5,523 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 4,302 | $615,220,000 | $143,008 |
| 4-5% | 4,265 | $705,605,000 | $165,441 |
| 6-7% | 644 | $79,690,000 | $123,742 |
| 3-4% | 191 | $30,475,000 | $159,555 |
During 2018, Amerifirst Financial Corporation's average interest rate for loans was 5.18%, while their most frequently originated rate bucket for loans was 5-6%, with 4,302 originations.
Loan Sizing
2018 saw Amerifirst Financial Corporation place emphasis on $100k-200k loans with 4,911 originations, totaling $706,395,000 in origination value.
Applicant Income
Amerifirst Financial Corporation lent most frequently to those with incomes in the $50k or less range, with 3,617 originations. The second most popular income band? $50k-75k, with 2,851 originations.
Applicant Debt to Income Ratio
Amerifirst Financial Corporation lent most frequently to those with DTI ratios of 30-36%, with 1,932 originations. The next most common DTI ratio? 20-30%, with 1,730 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.49%
Amerifirst Financial Corporation has an average approval rate.
Pick Rate
Approvals leading to origination74.91%
Amerifirst Financial Corporation has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 9,402 | $1,430,990,000 | $152,201 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 372 | $38,100,000 | $102,419 |
| Single Family (1-4 Units):Site-Built | 9,030 | $1,392,890,000 | $154,251 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| AmeriFirst Financial Corporation | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |