Amerifirst Financial Mortgage Rates, Fees & Info

Phoenix, AZ

LEI: 549300SVLCM6NZQ53P14

Tax ID: 86-0634557

3.4 stars - out of 5 stars, based on 80 reviews

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

Jump to:

Mortgage Data

Review & Overview

Amerifirst Financial is a small mortgage company specializing in Home Purchase loans. Amerifirst Financial has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Phoenix, Denver, Austin, Las Vegas, and San Antonio among others. We have data for 274 markets. (Some data included below & more in-depth data is available with an active subscription.)

Amerifirst Financial 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 is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

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

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

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

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.67% 6/7/23
30 Year Conventional Refi 6.62% 6/7/23
30 Year Cash-out Refi 6.92% 6/7/23
30 Year FHA Purchase 7.52% 6/7/23
30 Year FHA Refi 7.32% 6/7/23
30 Year VA Purchase 6.35% 6/7/23
30 Year VA Refi 5.83% 6/7/23
30 Year USDA Purchase 6.83% 6/7/23
30 Year USDA Refi 7.87% 6/7/23
15 Year Conventional Purchase 6.30% 6/7/23
15 Year Conventional Refi 6.02% 6/7/23
15 Year Cash-out Refi 6.02% 6/7/23
15 Year FHA Refi 7.41% 6/7/23
15 Year VA Purchase 6.16% 6/7/23
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 Mortgage Calculator






Your Estimates

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

This is not an official calculator from Amerifirst Financial. 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

6,391

Origination Dollar Volume (All Markets)

$2,393,595,000
Show all (7) awards

Relative Rate

Amerifirst Financial's average 30 year fixed mortgage rate was 5.02%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.26%.

Relative Fees (Closing Costs)

Amerifirst Financial's average total fees/closing costs for a 30 year fixed rate mortgage were $7,280.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

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
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2,068 $769,090,000 $371,900 $7,150 4.95%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1,232 $583,840,000 $473,896 $6,485 4.77%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 212 $99,310,000 $468,443 $9,874 5.18%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 225 $83,495,000 $371,089 $8,532 5.10%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 288 $82,640,000 $286,944 $8,182 5.24%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 112 $40,730,000 $363,661 $8,915 4.81%
Outside of Metro Areas 130 $38,210,000 $293,923 $6,875 4.88%
GREELEY, CO (FHA|USDA|VA) 73 $27,995,000 $383,493 $7,471 4.32%
BOULDER, CO (FHA|USDA|VA) 49 $27,655,000 $564,388 $5,679 5.00%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 115 $27,455,000 $238,739 $7,306 5.92%
MODESTO, CA (FHA|USDA|VA) 62 $23,870,000 $385,000 $8,614 4.93%
FRESNO, CA (FHA|USDA|VA) 76 $23,640,000 $311,053 $6,250 4.43%
Show Low, AZ (FHA|USDA|VA) 83 $22,885,000 $275,723 $7,194 5.10%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 66 $21,010,000 $318,333 $8,239 5.23%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 55 $19,965,000 $363,000 $9,613 5.31%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 57 $17,925,000 $314,474 $5,432 4.79%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 27 $17,845,000 $660,926 $10,177 4.99%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 27 $17,245,000 $638,704 $12,361 5.62%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 75 $16,825,000 $224,333 $6,849 5.79%
KANSAS CITY, MO-KS (FHA|USDA|VA) 61 $15,935,000 $261,230 $5,148 5.70%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 52 $15,630,000 $300,577 $6,749 4.87%
ALBUQUERQUE, NM (FHA|USDA|VA) 57 $15,315,000 $268,684 $6,118 4.84%
FORT COLLINS, CO (FHA|USDA|VA) 39 $15,225,000 $390,385 $5,813 4.42%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 27 $14,305,000 $529,815 $8,074 5.73%
COLORADO SPRINGS, CO (FHA|USDA|VA) 42 $13,240,000 $315,238 $7,046 4.45%
STOCKTON, CA (FHA|USDA|VA) 25 $12,605,000 $504,200 $8,350 5.09%
REDDING, CA (FHA|USDA|VA) 43 $11,955,000 $278,023 $6,305 5.13%
MADERA, CA (FHA|USDA|VA) 27 $11,225,000 $415,741 $4,825 5.14%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 27 $10,015,000 $370,926 $9,690 5.24%
TUCSON, AZ (FHA|USDA|VA) 35 $9,515,000 $271,857 $7,198 5.30%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 29 $8,795,000 $303,276 $8,504 5.39%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 27 $8,535,000 $316,111 $8,290 3.96%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 22 $8,410,000 $382,273 $9,032 5.30%
ST. LOUIS, MO-IL (FHA|USDA|VA) 23 $8,335,000 $362,391 $3,847 6.02%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 21 $7,445,000 $354,524 $9,814 5.51%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 22 $6,530,000 $296,818 $4,798 4.35%
EL PASO, TX (FHA|USDA|VA) 25 $6,365,000 $254,600 $7,649 6.09%
FLAGSTAFF, AZ (FHA|USDA|VA) 15 $6,165,000 $411,000 $7,216 5.39%
Payson, AZ (FHA|USDA|VA) 21 $6,045,000 $287,857 $6,549 5.14%
MERCED, CA (FHA|USDA|VA) 19 $5,775,000 $303,947 $7,739 4.16%
VISALIA, CA (FHA|USDA|VA) 26 $5,010,000 $192,692 $10,227 3.89%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $4,755,000 $679,286 $10,387 5.46%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 14 $4,610,000 $329,286 $7,641 4.96%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 20 $4,570,000 $228,500 $7,532 5.49%
DULUTH, MN-WI (FHA|USDA|VA) 17 $4,295,000 $252,647 $5,482 6.40%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 16 $4,270,000 $266,875 $7,179 5.36%
Breckenridge, CO (FHA|USDA|VA) 5 $3,895,000 $779,000 $5,930 3.50%
JACKSONVILLE, FL (FHA|USDA|VA) 7 $3,735,000 $533,571 $13,424 5.16%
VALLEJO, CA (FHA|USDA|VA) 6 $3,680,000 $613,333 $10,153 4.98%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 14 $3,510,000 $250,714 $6,572 5.74%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 9 $3,345,000 $371,667 $8,778 4.25%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 5 $3,195,000 $639,000 $7,455 4.50%
RENO, NV (FHA|USDA|VA) 9 $3,195,000 $355,000 $6,031 5.13%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 10 $3,140,000 $314,000 $4,280 2.63%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 11 $3,045,000 $276,818 $5,544 5.30%
SALINAS, CA (FHA|USDA|VA) 8 $3,040,000 $380,000 $6,512 4.16%
PUEBLO, CO (FHA|USDA|VA) 11 $2,995,000 $272,273 $5,546 4.08%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 17 $2,905,000 $170,882 $5,040 4.87%
AKRON, OH (FHA|USDA|VA) 16 $2,880,000 $180,000 $5,229 5.32%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 9 $2,725,000 $302,778 $5,199 6.47%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 5 $2,615,000 $523,000 $7,802 3.83%
SALEM, OR (FHA|USDA|VA) 5 $2,575,000 $515,000 $7,985 5.83%
WINSTON-SALEM, NC (FHA|USDA|VA) 7 $2,555,000 $365,000 $6,396 5.86%
Edwards, CO (FHA|USDA|VA) 3 $2,545,000 $848,333 $4,304 3.38%
CORPUS CHRISTI, TX (FHA|USDA|VA) 7 $2,495,000 $356,429 $9,535 6.34%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $2,475,000 $353,571 $5,025 5.71%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $2,450,000 $408,333 $4,318 4.48%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 10 $2,440,000 $244,000 $5,878 5.49%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $2,325,000 $332,143 $3,808 5.75%
YUBA CITY, CA (FHA|USDA|VA) 10 $2,290,000 $229,000 $7,929 3.43%
BOISE CITY, ID (FHA|USDA|VA) 5 $2,225,000 $445,000 $10,300 5.30%
RALEIGH-CARY, NC (FHA|USDA|VA) 6 $2,190,000 $365,000 $8,340 5.33%
FARMINGTON, NM (FHA|USDA|VA) 9 $2,085,000 $231,667 $7,108 5.54%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 9 $2,075,000 $230,556 $5,186 5.13%
OCALA, FL (FHA|USDA|VA) 7 $2,005,000 $286,429 $9,279 5.02%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 7 $1,955,000 $279,286 $7,773 5.38%
SANTA FE, NM (FHA|USDA|VA) 6 $1,810,000 $301,667 $5,006 4.65%
LOUISVILLE, KY (FHA|USDA|VA) 3 $1,695,000 $565,000 $5,309 4.42%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,635,000 $545,000 $9,286 4.79%
ASHEVILLE, NC (FHA|USDA|VA) 4 $1,590,000 $397,500 $2,787 4.78%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $1,570,000 $392,500 $9,488 5.00%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $1,540,000 $770,000 $28,020 6.69%
BEND, OR (FHA|USDA|VA) 4 $1,540,000 $385,000 $9,185 5.22%
WILMINGTON, NC (FHA|USDA|VA) 2 $1,530,000 $765,000 $7,323 6.00%
Riverton, WY (FHA|USDA|VA) 7 $1,525,000 $217,857 $5,880 5.77%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $1,510,000 $251,667 $6,922 5.25%
Bozeman, MT (FHA|USDA|VA) 3 $1,475,000 $491,667 $5,595 5.79%
BELLINGHAM, WA (FHA|USDA|VA) 1 $1,325,000 $1,325,000 $9,234 5.75%
Jefferson, GA (FHA|USDA|VA) 5 $1,285,000 $257,000 $7,422 6.53%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 5 $1,235,000 $247,000 $5,543 4.78%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 5 $1,225,000 $245,000 $8,437 5.35%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $1,220,000 $610,000 $10,839 3.56%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $1,205,000 $401,667 $10,605 5.75%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $1,200,000 $600,000 $1,734 4.25%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $1,165,000 $388,333 $9,444 4.29%
COLUMBIA, SC (FHA|USDA|VA) 4 $1,140,000 $285,000 $8,279 4.81%
Kalispell, MT (FHA|USDA|VA) 2 $1,130,000 $565,000 $12,788 4.56%
GAINESVILLE, GA (FHA|USDA|VA) 6 $1,110,000 $185,000 $4,942 5.25%
ST. GEORGE, UT (FHA|USDA|VA) 2 $1,110,000 $555,000 $8,031 6.50%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 5 $1,075,000 $215,000 $4,571 5.00%
CHICO, CA (FHA|USDA|VA) 4 $1,060,000 $265,000 $5,641 3.81%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $1,045,000 $348,333 $5,516 6.25%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $1,025,000 $341,667 $4,972 4.29%
ANCHORAGE, AK (FHA|USDA|VA) 2 $1,010,000 $505,000 $3,868 3.75%
Montrose, CO (FHA|USDA|VA) 2 $1,010,000 $505,000 $2,771 5.94%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 4 $1,000,000 $250,000 $3,442 5.56%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $1,000,000 $250,000 $9,239 5.00%
PORT ST. LUCIE, FL (FHA|USDA|VA) 4 $980,000 $245,000 $5,906 5.22%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $950,000 $475,000 $6,307 5.38%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $935,000 $311,667 $6,032 4.75%
PROVO-OREM, UT (FHA|USDA|VA) 3 $935,000 $311,667 $3,291 5.29%
Sonora, CA (FHA|USDA|VA) 5 $935,000 $187,000 $6,261 3.83%
Cañon City, CO (FHA|USDA|VA) 4 $900,000 $225,000 $6,507 4.38%
AMARILLO, TX (FHA|USDA|VA) 3 $845,000 $281,667 $10,464 6.13%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $830,000 $415,000 $4,343 5.69%
Sterling, CO (FHA|USDA|VA) 5 $805,000 $161,000 $3,243 4.28%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $790,000 $395,000 $5,883 6.19%
COLUMBUS, OH (FHA|USDA|VA) 3 $785,000 $261,667 $4,407 5.13%
Safford, AZ (FHA|USDA|VA) 3 $755,000 $251,667 $5,851 5.50%
OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $735,000 $245,000 $6,965 5.96%
Pahrump, NV (FHA|USDA|VA) 2 $730,000 $365,000 $10,874 6.31%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $715,000 $238,333 $5,153 4.29%
Red Bluff, CA (FHA|USDA|VA) 4 $710,000 $177,500 $4,309 4.69%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $710,000 $355,000 $13,044 5.56%
Wooster, OH (FHA|USDA|VA) 3 $705,000 $235,000 $8,503 6.50%
Rockport, TX (FHA|USDA|VA) 2 $700,000 $350,000 $6,438 5.38%
IDAHO FALLS, ID (FHA|USDA|VA) 2 $690,000 $345,000 $5,399 4.88%
Fredericksburg, TX (FHA|USDA|VA) 2 $680,000 $340,000 $5,876 5.13%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $670,000 $335,000 $8,864 6.00%
Moses Lake, WA (FHA|USDA|VA) 2 $660,000 $330,000 $2,817 5.31%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $660,000 $330,000 $8,125 5.31%
CORVALLIS, OR (FHA|USDA|VA) 2 $650,000 $325,000 $3,018 4.88%
Steamboat Springs, CO (FHA|USDA|VA) 1 $645,000 $645,000 $1,434 5.75%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $645,000 $645,000 $5,748 4.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $640,000 $320,000 $6,859 3.88%
Brainerd, MN (FHA|USDA|VA) 2 $640,000 $320,000 $4,248 6.31%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $635,000 $635,000 $7,363 2.75%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $630,000 $315,000 $12,489 5.19%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $620,000 $310,000 $13,515 5.25%
SAVANNAH, GA (FHA|USDA|VA) 3 $605,000 $201,667 $6,531 4.04%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $600,000 $300,000 $11,958 5.63%
LAS CRUCES, NM (FHA|USDA|VA) 1 $595,000 $595,000 $8,794 3.63%
Greenville, OH (FHA|USDA|VA) 1 $595,000 $595,000 $6,812 6.13%
JACKSONVILLE, NC (FHA|USDA|VA) 3 $595,000 $198,333 $5,447 5.50%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $590,000 $295,000 $288 4.56%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $575,000 $575,000 $3,674 3.25%
MISSOULA, MT (FHA|USDA|VA) 1 $565,000 $565,000 $17,118 6.25%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $560,000 $280,000 $8,004 3.63%
Sheridan, WY (FHA|USDA|VA) 1 $555,000 $555,000 $3,748 3.25%
WACO, TX (FHA|USDA|VA) 2 $550,000 $275,000 $8,219 5.77%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $545,000 $545,000 $5,948 6.25%
Key West, FL (FHA|USDA|VA) 1 $535,000 $535,000 $7,610 10.63%
PITTSBURGH, PA (FHA|USDA|VA) 2 $530,000 $265,000 $4,822 5.56%
Durango, CO (FHA|USDA|VA) 1 $525,000 $525,000 $3,620 4.13%
Clearlake, CA (FHA|USDA|VA) 1 $525,000 $525,000 $13,114 5.88%
MEDFORD, OR (FHA|USDA|VA) 1 $525,000 $525,000 $0 6.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $520,000 $260,000 $6,331 3.50%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $515,000 $515,000 $21,617 4.75%
Morehead City, NC (FHA|USDA|VA) 2 $510,000 $255,000 $6,814 5.13%
Minot, ND (FHA|USDA|VA) 1 $505,000 $505,000 $6,873 4.38%
MIDLAND, TX (FHA|USDA|VA) 1 $505,000 $505,000 $4,928 5.38%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $495,000 $495,000 $4,368 5.63%
READING, PA (FHA|USDA|VA) 1 $475,000 $475,000 $5,725 5.13%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $475,000 $475,000 $8,469 7.63%
Williston, ND (FHA|USDA|VA) 1 $425,000 $425,000 $13,148 3.75%
GRANTS PASS, OR (FHA|USDA|VA) 1 $425,000 $425,000 $15,268 6.50%
Granbury, TX (FHA|USDA|VA) 1 $425,000 $425,000 $12,620 5.63%
CASPER, WY (FHA|USDA|VA) 1 $425,000 $425,000 $5,970 5.13%
BRUNSWICK, GA (FHA|USDA|VA) 2 $420,000 $210,000 $4,549 3.94%
FARGO, ND-MN (FHA|USDA|VA) 1 $415,000 $415,000 $0 5.88%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $400,000 $200,000 $2,600 3.88%
Urbana, OH (FHA|USDA|VA) 1 $395,000 $395,000 $14,743 3.88%
Whitewater, WI (FHA|USDA|VA) 1 $385,000 $385,000 $15,283 3.75%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $385,000 $385,000 $1,835 3.75%
TYLER, TX (FHA|USDA|VA) 2 $380,000 $190,000 $4,521 5.69%
YUMA, AZ (FHA|USDA|VA) 1 $375,000 $375,000 $12,323 6.38%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $375,000 $375,000 $12,392 4.50%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $370,000 $185,000 $7,105 7.13%
Athens, TX (FHA|USDA|VA) 1 $365,000 $365,000 $9,789 3.25%
Albertville, AL (FHA|USDA|VA) 1 $365,000 $365,000 $11,130 5.00%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $365,000 $121,667 $3,710 4.38%
MIDLAND, MI (FHA|USDA|VA) 1 $355,000 $355,000 $800 6.88%
Outside of Metro Areas 1 $355,000 $355,000 $8,667 4.38%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $345,000 $345,000 $4,025 6.00%
GREEN BAY, WI (FHA|USDA|VA) 1 $335,000 $335,000 $10,282 4.00%
LINCOLN, NE (FHA|USDA|VA) 1 $335,000 $335,000 $8,018 3.75%
ANN ARBOR, MI (FHA|USDA|VA) 1 $335,000 $335,000 $4,844 5.25%
CARSON CITY, NV (FHA|USDA|VA) 1 $325,000 $325,000 $2,400 7.13%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $325,000 $325,000 $12,432 5.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $325,000 $325,000 $17,373 5.63%
Fernley, NV (FHA|USDA|VA) 1 $325,000 $325,000 $3,957 4.75%
Sevierville, TN (FHA|USDA|VA) 1 $315,000 $315,000 $8,255 7.13%
MUSKEGON, MI (FHA|USDA|VA) 1 $315,000 $315,000 $15,977 3.63%
Clewiston, FL (FHA|USDA|VA) 1 $315,000 $315,000 $6,513 5.63%
Farmington, MO (FHA|USDA|VA) 2 $310,000 $155,000 $4,238 5.88%
Cookeville, TN (FHA|USDA|VA) 2 $310,000 $155,000 $4,726 6.06%
Coos Bay, OR (FHA|USDA|VA) 1 $305,000 $305,000 $4,398 3.88%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $305,000 $305,000 $3,215 5.50%
Kerrville, TX (FHA|USDA|VA) 2 $300,000 $150,000 $6,161 4.25%
Fallon, NV (FHA|USDA|VA) 2 $300,000 $150,000 $4,570 2.38%
Fort Morgan, CO (FHA|USDA|VA) 1 $295,000 $295,000 $4,614 6.38%
Gallup, NM (FHA|USDA|VA) 1 $295,000 $295,000 $15,334 6.63%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $295,000 $295,000 $4,640 5.63%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $290,000 $145,000 $3,367 4.88%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $285,000 $285,000 $5,820 4.75%
Wilson, NC (FHA|USDA|VA) 2 $280,000 $140,000 $4,581 5.38%
SPARTANBURG, SC (FHA|USDA|VA) 1 $275,000 $275,000 $6,684 4.00%
LONGVIEW, TX (FHA|USDA|VA) 1 $265,000 $265,000 $4,766 3.50%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $265,000 $265,000 $7,567 6.13%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $265,000 $265,000 $5,315 6.13%
Klamath Falls, OR (FHA|USDA|VA) 1 $265,000 $265,000 $7,696 5.38%
Taylorville, IL (FHA|USDA|VA) 1 $265,000 $265,000 $3,380 3.25%
Cambridge, OH (FHA|USDA|VA) 1 $265,000 $265,000 $10,343 6.50%
Lewisburg, TN (FHA|USDA|VA) 1 $265,000 $265,000 $6,573 5.50%
VALDOSTA, GA (FHA|USDA|VA) 2 $260,000 $130,000 $5,559 3.94%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $255,000 $255,000 $7,938 4.25%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $250,000 $125,000 $2,331 6.75%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $245,000 $245,000 $3,733 3.88%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $245,000 $245,000 $4,233 6.13%
Sulphur Springs, TX (FHA|USDA|VA) 1 $245,000 $245,000 $12,909 5.50%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $245,000 $245,000 $8,540 5.50%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $235,000 $235,000 $7,867 5.25%
Lumberton, NC (FHA|USDA|VA) 1 $235,000 $235,000 $9,427 6.13%
Grand Rapids, MN (FHA|USDA|VA) 1 $235,000 $235,000 $2,126 6.63%
CHEYENNE, WY (FHA|USDA|VA) 1 $235,000 $235,000 $3,835 2.75%
Dayton, TN (FHA|USDA|VA) 1 $225,000 $225,000 $12,133 5.63%
Brenham, TX (FHA|USDA|VA) 1 $225,000 $225,000 $5,004 5.63%
Russellville, AR (FHA|USDA|VA) 1 $225,000 $225,000 $3,500 6.50%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $215,000 $215,000 $6,360 6.63%
ERIE, PA (FHA|USDA|VA) 1 $215,000 $215,000 $2,518 6.13%
Vernal, UT (FHA|USDA|VA) 1 $205,000 $205,000 $3,502 5.63%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $205,000 $205,000 $6,508 4.34%
GOLDSBORO, NC (FHA|USDA|VA) 1 $205,000 $205,000 $5,045 3.88%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $205,000 $205,000 $3,491 3.25%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,364 7.25%
HATTIESBURG, MS (FHA|USDA|VA) 1 $205,000 $205,000 $11,509 3.75%
Alamogordo, NM (FHA|USDA|VA) 1 $205,000 $205,000 $5,658 3.63%
WICHITA, KS (FHA|USDA|VA) 2 $200,000 $100,000 $4,856 6.50%
Meadville, PA (FHA|USDA|VA) 1 $195,000 $195,000 $1,335 3.63%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,362 7.13%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $195,000 $195,000 $10,669 4.38%
Roswell, NM (FHA|USDA|VA) 1 $195,000 $195,000 $9,158 6.50%
Mount Pleasant, TX (FHA|USDA|VA) 1 $185,000 $185,000 $4,200 4.13%
Aberdeen, WA (FHA|USDA|VA) 1 $185,000 $185,000 $2,774 4.88%
DALTON, GA (FHA|USDA|VA) 1 $175,000 $175,000 $5,546 5.63%
BILLINGS, MT (FHA|USDA|VA) 1 $175,000 $175,000 $4,794 6.00%
Lawrenceburg, TN (FHA|USDA|VA) 1 $175,000 $175,000 $5,797 6.38%
Ontario, OR-ID (FHA|USDA|VA) 1 $175,000 $175,000 $5,421 6.00%
BURLINGTON, NC (FHA|USDA|VA) 1 $175,000 $175,000 $3,732 3.75%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $165,000 $165,000 $3,869 3.75%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $155,000 $155,000 $5,190 5.88%
Nogales, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $7,133 4.88%
Tiffin, OH (FHA|USDA|VA) 1 $155,000 $155,000 $4,677 5.63%
TOPEKA, KS (FHA|USDA|VA) 1 $155,000 $155,000 $7,233 4.75%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $155,000 $155,000 $4,280 5.50%
Del Rio, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,160 6.13%
ABILENE, TX (FHA|USDA|VA) 1 $145,000 $145,000 $3,873 3.00%
AMES, IA (FHA|USDA|VA) 1 $145,000 $145,000 $1,905 3.88%
Alice, TX (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.88%
Watertown, SD (FHA|USDA|VA) 1 $115,000 $115,000 $4,212 4.38%
HARRISONBURG, VA (FHA|USDA|VA) 1 $115,000 $115,000 $4,462 4.00%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $115,000 $115,000 $4,554 5.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $105,000 $105,000 $3,084 3.50%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.00%
Sandusky, OH (FHA|USDA|VA) 1 $105,000 $105,000 $3,553 5.75%
LAFAYETTE, LA (FHA|USDA|VA) 1 $105,000 $105,000 $3,355 5.00%
Zanesville, OH (FHA|USDA|VA) 1 $85,000 $85,000 $6,543 4.50%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $85,000 $85,000 $631 4.25%
JACKSON, MS (FHA|USDA|VA) 1 $85,000 $85,000 $3,990 5.63%
Bartlesville, OK (FHA|USDA|VA) 1 $85,000 $85,000 $4,380 5.63%
Bucyrus-Galion, OH (FHA|USDA|VA) 1 $75,000 $75,000 $5,987 4.38%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $65,000 $65,000 $4,766 6.00%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $65,000 $65,000 $3,178 5.13%
THE VILLAGES, FL (FHA|USDA|VA) 1 $55,000 $55,000 $2,855 5.38%
Amerifirst Financial's top markets include Phoenix, Denver, Austin, Las Vegas, and San Antonio among others.

Their top states include:
  • Arizona (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Similar Lenders

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

    First Credit Union
    Similarity Rank: 100
    Los Angeles Federal Credit Union
    Similarity Rank: 136
    AAXY L.L.C.
    Similarity Rank: 324
    PIMA Federal Credit Union
    Similarity Rank: 366
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 546
    ARIZONA CENTRAL
    Similarity Rank: 561
    HERITAGE COMMUNITY CREDIT UNION
    Similarity Rank: 567
    First City Credit Union
    Similarity Rank: 616
    Chaffey Federal Credit Union
    Similarity Rank: 644
    DEFINE MORTGAGE SOLUTIONS, LLC
    Similarity Rank: 649

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,671 $1,776,475,000 $380,320 $5,875 4.97%
    FHA 1,190 $393,290,000 $330,496 $10,972 5.17%
    VA 510 $219,070,000 $429,549 $10,491 4.75%
    USDA 20 $4,760,000 $238,000 $6,607 4.78%

    For 2022, Amerifirst Financial's most frequently originated type of loan was Conventional, with 4,671 originations. Their 2nd most popular type was FHA, with 1,190 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,249 $2,036,965,000 $388,067 $7,303 5.10%
    Cash Out Refi 890 $281,170,000 $315,921 $7,141 4.59%
    Refi 251 $75,155,000 $299,422 $5,369 4.08%
    Other 1 $305,000 $305,000 $0 5.63%

    For 2022, Amerifirst Financial's most frequently cited loan purpose was Home Purchase, with 5,249 originations. The 2nd most popular reason was Cash Out Refi, with 890 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 6,191 $2,345,505,000 $378,857 $7,280 5.02%
    15 Year 131 $35,225,000 $268,893 $5,213 3.83%
    20 Year 40 $10,610,000 $265,250 $5,573 4.23%
    10 Year 24 $1,250,000 $52,083 $936 4.18%
    Other 5 $1,005,000 $201,000 $5,529 4.68%

    For 2022, Amerifirst Financial's most frequently cited loan duration was 30 Year, with 6,191 originations. The 2nd most popular length was 15 Year, with 131 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,590 $556,500,000 $350,000
    $5k+ 1,522 $665,340,000 $437,148
    $1k-2k 1,281 $499,125,000 $389,637
    $2k-3k 741 $245,495,000 $331,302
    $3k-4k 619 $208,665,000 $337,100
    $4k-5k 599 $204,935,000 $342,129

    Amerifirst Financial's average total fees were $7,280, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,590 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 2,114 $807,400,000 $381,930
    4-5% 1,390 $547,620,000 $393,971
    3-4% 1,294 $505,770,000 $390,858
    6-7% 1,062 $379,110,000 $356,977
    7-8% 226 $81,780,000 $361,858
    <2.5% 162 $7,330,000 $45,247
    2.5-3% 118 $54,250,000 $459,746
    Over 8% 20 $8,620,000 $431,000

    During 2022, Amerifirst Financial's average interest rate for loans was 5.02%, while their most frequently originated rate bucket for loans was 5-6%, with 2,114 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,873 $871,735,000 $303,423 $7,346 5.14%
    $400k-600k 1,757 $850,155,000 $483,867 $8,036 5.09%
    $100k-200k 803 $127,415,000 $158,674 $4,876 5.12%
    $600k-1MM 631 $431,835,000 $684,366 $8,472 4.95%
    $100,000 or less 248 $9,120,000 $36,774 $1,537 2.34%
    $1MM+ 79 $103,335,000 $1,308,038 $12,563 4.60%

    2022 saw Amerifirst Financial place emphasis on $200k-400k loans with 2,873 originations, totaling $871,735,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,675 $669,765,000 $399,860 $7,405 5.05%
    $75k-100k 1,341 $451,565,000 $336,738 $7,425 4.97%
    $50k-75k 1,279 $335,895,000 $262,623 $6,763 4.82%
    $150k-250k 1,032 $511,030,000 $495,184 $7,350 5.13%
    $50k or less 567 $108,295,000 $190,996 $5,528 4.87%
    $250k+ 494 $316,040,000 $639,757 $8,593 5.12%

    Amerifirst Financial lent most frequently to those with incomes in the $100k-150k range, with 1,675 originations. The second most popular income band? $75k-100k, with 1,341 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 944 $360,990,000 $382,405 $6,473 4.97%
    20-30% 721 $280,945,000 $389,660 $6,100 4.86%
    50-60% 592 $214,740,000 $362,736 $10,699 4.98%
    49% 427 $158,745,000 $371,768 $7,647 5.21%
    44% 365 $135,035,000 $369,959 $7,113 5.09%
    42% 321 $128,395,000 $399,984 $6,652 4.96%
    43% 289 $106,135,000 $367,249 $6,907 5.14%
    45% 278 $100,720,000 $362,302 $7,041 5.06%
    48% 276 $100,870,000 $365,471 $7,120 5.18%
    41% 273 $96,785,000 $354,524 $6,647 4.95%
    40% 262 $101,110,000 $385,916 $7,015 4.91%
    46% 260 $91,060,000 $350,231 $7,774 5.06%
    47% 254 $91,360,000 $359,685 $7,918 5.18%
    39% 241 $94,965,000 $394,046 $6,670 4.78%
    38% 226 $88,920,000 $393,451 $6,786 5.12%
    <20% 211 $68,895,000 $326,517 $5,730 4.32%
    36% 203 $76,515,000 $376,921 $6,415 4.81%
    37% 192 $74,820,000 $389,688 $7,514 4.86%
    >60% 22 $10,370,000 $471,364 $11,231 5.14%

    Amerifirst Financial lent most frequently to those with DTI ratios of 30-36%, with 944 originations. The next most common DTI ratio? 20-30%, with 721 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,274 $1,963,370,000 $372,273 $7,148 4.98%
    Asian 332 $144,120,000 $434,096 $6,182 5.09%
    Black 394 $131,570,000 $333,934 $8,747 5.03%
    Not provided 317 $125,715,000 $396,577 $7,263 4.96%
    American Indian 57 $21,725,000 $381,140 $7,712 5.36%
    Native Hawaiian or Islander 14 $5,530,000 $395,000 $4,909 5.43%
    Other Asian 2 $800,000 $400,000 $4,170 4.81%
    Asian Indian 1 $765,000 $765,000 $5,345 3.75%

    Approval Rates

    Total approvals of all applications
    97.68%

    Amerifirst Financial has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    47.33%

    Amerifirst Financial 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 6,391 $2,393,595,000 $374,526

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,391 $2,393,595,000 $374,526

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 216 $41,850,000 $193,750 $4,510 4.93%
    40-60% 617 $185,765,000 $301,078 $5,370 4.73%
    60-80% 1,767 $694,235,000 $392,889 $7,115 5.07%
    80-100% 3,487 $1,412,175,000 $404,983 $7,683 5.20%
    Over 100% 117 $53,115,000 $453,974 $17,898 4.82%
    Under 20% 187 $6,455,000 $34,519 $711 1.27%