Amerifirst Financial Mortgage Rates, Fees & Info

Phoenix, AZ

LEI: 549300SVLCM6NZQ53P14

Tax ID: 86-0634557

4.2 stars - out of 5 stars, based on 108 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Amerifirst Financial is a mid-sized mortgage company specializing in Home Purchase and Refi 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, San Antonio, Las Vegas, and Austin among others. We have data for 279 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 6.98% 11/26/22
    30 Year Conventional Refi 6.85% 11/26/22
    30 Year Cash-out Refi 7.09% 11/26/22
    30 Year FHA Purchase 7.96% 11/26/22
    30 Year FHA Refi 7.39% 11/26/22
    30 Year VA Purchase 6.71% 11/26/22
    30 Year VA Refi 6.25% 11/26/22
    30 Year USDA Purchase 7.08% 11/26/22
    30 Year USDA Refi 6.75% 11/26/22
    15 Year Conventional Purchase 6.42% 11/26/22
    15 Year Conventional Refi 6.27% 11/26/22
    15 Year Cash-out Refi 6.27% 11/26/22
    15 Year FHA Purchase 7.19% 11/26/22
    15 Year FHA Refi 6.90% 11/26/22
    15 Year VA Purchase 5.95% 11/26/22
    15 Year VA Refi 6.78% 11/26/22
    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.


    Originations

    11,623

    Origination Dollar Volume (All Markets)

    $3,862,305,000
    Show all (7) awards

    Relative Rate

    Amerifirst Financial's average 30 year fixed mortgage rate was 3.14%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.01%.

    Relative Fees (Closing Costs)

    Amerifirst Financial's average total fees/closing costs for a 30 year fixed rate mortgage were $5,626.

    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) 4,965 $1,541,785,000 $310,531 $5,032 3.17%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2,052 $873,470,000 $425,668 $6,021 3.03%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 378 $99,210,000 $262,460 $5,681 3.14%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 317 $91,445,000 $288,470 $6,444 3.13%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 228 $81,960,000 $359,474 $6,328 3.08%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 242 $74,230,000 $306,736 $5,990 3.12%
    FRESNO, CA (FHA|USDA|VA) 256 $66,460,000 $259,609 $5,113 2.89%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 170 $62,890,000 $369,941 $6,284 3.11%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 116 $61,700,000 $531,897 $5,283 3.01%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 99 $59,695,000 $602,980 $6,719 2.97%
    GREELEY, CO (FHA|USDA|VA) 159 $57,495,000 $361,604 $6,295 2.90%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 144 $47,340,000 $328,750 $6,789 2.94%
    Outside of Metro Areas 172 $46,030,000 $267,616 $5,441 3.03%
    Show Low, AZ (FHA|USDA|VA) 150 $34,560,000 $230,400 $4,719 3.31%
    MODESTO, CA (FHA|USDA|VA) 115 $34,005,000 $295,696 $5,780 3.08%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 97 $30,685,000 $316,340 $5,080 3.14%
    STOCKTON, CA (FHA|USDA|VA) 67 $30,345,000 $452,910 $6,152 3.02%
    BOULDER, CO (FHA|USDA|VA) 56 $26,370,000 $470,893 $6,047 2.95%
    ALBUQUERQUE, NM (FHA|USDA|VA) 100 $22,830,000 $228,300 $4,810 3.14%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 52 $22,250,000 $427,885 $6,135 3.27%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 79 $21,675,000 $274,367 $4,723 3.14%
    FORT COLLINS, CO (FHA|USDA|VA) 56 $21,450,000 $383,036 $7,131 2.98%
    REDDING, CA (FHA|USDA|VA) 77 $19,925,000 $258,766 $4,563 2.83%
    Payson, AZ (FHA|USDA|VA) 69 $19,555,000 $283,406 $5,049 3.24%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 51 $19,155,000 $375,588 $6,252 2.83%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 71 $19,055,000 $268,380 $5,908 3.18%
    TUCSON, AZ (FHA|USDA|VA) 70 $16,190,000 $231,286 $4,956 3.18%
    WACO, TX (FHA|USDA|VA) 54 $12,190,000 $225,741 $4,942 3.40%
    MERCED, CA (FHA|USDA|VA) 44 $12,100,000 $275,000 $6,493 2.99%
    FLAGSTAFF, AZ (FHA|USDA|VA) 35 $12,095,000 $345,571 $5,298 3.18%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 39 $11,855,000 $303,974 $6,977 3.16%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 20 $11,350,000 $567,500 $7,575 2.94%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 35 $9,155,000 $261,571 $6,752 3.37%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 42 $9,030,000 $215,000 $6,217 3.19%
    MADERA, CA (FHA|USDA|VA) 23 $7,155,000 $311,087 $7,169 3.09%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 20 $6,850,000 $342,500 $7,583 3.13%
    PROVO-OREM, UT (FHA|USDA|VA) 20 $6,820,000 $341,000 $3,676 3.09%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 15 $6,765,000 $451,000 $4,924 3.15%
    SALT LAKE CITY, UT (FHA|USDA|VA) 14 $6,320,000 $451,429 $4,666 3.12%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 38 $6,170,000 $162,368 $4,537 3.13%
    ASHEVILLE, NC (FHA|USDA|VA) 18 $6,110,000 $339,444 $3,420 3.17%
    VALLEJO, CA (FHA|USDA|VA) 13 $6,105,000 $469,615 $5,245 3.13%
    Breckenridge, CO (FHA|USDA|VA) 10 $6,030,000 $603,000 $7,870 3.17%
    VISALIA, CA (FHA|USDA|VA) 23 $5,925,000 $257,609 $6,585 3.13%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 14 $5,580,000 $398,571 $5,936 3.32%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 23 $5,365,000 $233,261 $3,761 3.23%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 17 $5,305,000 $312,059 $5,661 2.74%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 19 $5,225,000 $275,000 $5,114 2.95%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 16 $5,030,000 $314,375 $5,883 3.11%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 13 $4,885,000 $375,769 $6,289 3.04%
    YUBA CITY, CA (FHA|USDA|VA) 16 $4,410,000 $275,625 $5,977 2.83%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 9 $4,095,000 $455,000 $7,782 3.13%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 9 $4,085,000 $453,889 $7,664 2.88%
    SALINAS, CA (FHA|USDA|VA) 13 $4,045,000 $311,154 $6,459 2.41%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 11 $4,015,000 $365,000 $7,156 3.09%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 12 $3,990,000 $332,500 $6,451 2.89%
    RENO, NV (FHA|USDA|VA) 7 $3,935,000 $562,143 $6,595 3.07%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 11 $3,885,000 $353,182 $4,899 3.10%
    YUMA, AZ (FHA|USDA|VA) 18 $3,770,000 $209,444 $4,876 3.02%
    BAKERSFIELD, CA (FHA|USDA|VA) 13 $3,165,000 $243,462 $3,890 3.18%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $3,085,000 $617,000 $10,798 2.90%
    Kalispell, MT (FHA|USDA|VA) 3 $3,035,000 $1,011,667 $2,790 2.83%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 13 $3,025,000 $232,692 $3,955 3.41%
    Edwards, CO (FHA|USDA|VA) 4 $2,900,000 $725,000 $4,545 2.67%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 7 $2,805,000 $400,714 $6,909 3.00%
    Steamboat Springs, CO (FHA|USDA|VA) 3 $2,555,000 $851,667 $8,144 2.96%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 5 $2,515,000 $503,000 $10,134 3.23%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 6 $2,410,000 $401,667 $3,637 2.92%
    Shelton, WA (FHA|USDA|VA) 5 $2,405,000 $481,000 $7,886 3.50%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 10 $2,370,000 $237,000 $3,582 3.26%
    BOISE CITY, ID (FHA|USDA|VA) 5 $2,295,000 $459,000 $5,800 3.13%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 6 $2,280,000 $380,000 $5,590 3.13%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 11 $1,995,000 $181,364 $3,941 2.90%
    PUEBLO, CO (FHA|USDA|VA) 9 $1,975,000 $219,444 $5,553 2.70%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 8 $1,950,000 $243,750 $4,800 3.14%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 10 $1,910,000 $191,000 $5,217 3.43%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 9 $1,875,000 $208,333 $4,132 3.01%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 5 $1,825,000 $365,000 $6,208 3.05%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 7 $1,765,000 $252,143 $6,345 3.54%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $1,725,000 $345,000 $3,338 2.80%
    MIDLAND, TX (FHA|USDA|VA) 7 $1,695,000 $242,143 $8,390 3.05%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 4 $1,690,000 $422,500 $7,060 2.78%
    GAINESVILLE, GA (FHA|USDA|VA) 9 $1,675,000 $186,111 $5,153 3.24%
    Sterling, CO (FHA|USDA|VA) 9 $1,645,000 $182,778 $4,894 3.02%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 7 $1,615,000 $230,714 $5,668 2.98%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 3 $1,565,000 $521,667 $14,672 2.92%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,505,000 $301,000 $6,283 3.20%
    LAS CRUCES, NM (FHA|USDA|VA) 4 $1,490,000 $372,500 $4,111 3.19%
    Key West, FL (FHA|USDA|VA) 2 $1,450,000 $725,000 $10,241 2.94%
    Safford, AZ (FHA|USDA|VA) 6 $1,440,000 $240,000 $5,295 3.29%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 5 $1,375,000 $275,000 $5,039 2.88%
    SALEM, OR (FHA|USDA|VA) 4 $1,360,000 $340,000 $3,120 3.31%
    Red Bluff, CA (FHA|USDA|VA) 6 $1,340,000 $223,333 $3,768 3.10%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 5 $1,335,000 $267,000 $4,129 2.98%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 5 $1,315,000 $263,000 $4,837 3.18%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 7 $1,295,000 $185,000 $5,223 3.29%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 3 $1,275,000 $425,000 $5,331 3.00%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,245,000 $415,000 $3,968 2.79%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 6 $1,200,000 $200,000 $5,010 3.00%
    Glenwood Springs, CO (FHA|USDA|VA) 3 $1,155,000 $385,000 $5,620 2.88%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,042 3.19%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 5 $1,115,000 $223,000 $6,091 3.33%
    Ellensburg, WA (FHA|USDA|VA) 3 $1,115,000 $371,667 $3,808 3.08%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 4 $1,100,000 $275,000 $3,014 3.09%
    TULSA, OK (FHA|USDA|VA) 3 $1,075,000 $358,333 $10,159 3.33%
    RALEIGH-CARY, NC (FHA|USDA|VA) 4 $1,070,000 $267,500 $4,147 3.00%
    ODESSA, TX (FHA|USDA|VA) 5 $1,015,000 $203,000 $5,391 3.28%
    HUNTSVILLE, AL (FHA|USDA|VA) 3 $995,000 $331,667 $5,664 2.42%
    FAYETTEVILLE, NC (FHA|USDA|VA) 3 $975,000 $325,000 $3,361 2.79%
    BEND, OR (FHA|USDA|VA) 2 $970,000 $485,000 $3,803 3.25%
    GRAND JUNCTION, CO (FHA|USDA|VA) 4 $960,000 $240,000 $5,871 2.96%
    ST. GEORGE, UT (FHA|USDA|VA) 3 $955,000 $318,333 $6,098 2.96%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $950,000 $237,500 $3,307 2.97%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $900,000 $450,000 $4,311 3.50%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $895,000 $298,333 $3,360 3.54%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $880,000 $220,000 $4,253 3.50%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $880,000 $440,000 $7,452 3.00%
    Bozeman, MT (FHA|USDA|VA) 2 $870,000 $435,000 $6,337 3.19%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 5 $855,000 $171,000 $3,234 2.65%
    AKRON, OH (FHA|USDA|VA) 2 $850,000 $425,000 $4,444 3.44%
    EL CENTRO, CA (FHA|USDA|VA) 3 $835,000 $278,333 $3,520 2.96%
    Heber, UT (FHA|USDA|VA) 1 $815,000 $815,000 $4,623 3.00%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $775,000 $258,333 $4,144 3.21%
    MEDFORD, OR (FHA|USDA|VA) 2 $760,000 $380,000 $6,844 3.63%
    CASPER, WY (FHA|USDA|VA) 2 $750,000 $375,000 $436 3.63%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $750,000 $375,000 $4,118 3.31%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 5 $745,000 $149,000 $2,958 3.30%
    COLUMBIA, SC (FHA|USDA|VA) 3 $735,000 $245,000 $4,584 3.08%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $730,000 $365,000 $3,308 2.88%
    Roswell, NM (FHA|USDA|VA) 2 $720,000 $360,000 $2,422 3.31%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $720,000 $360,000 $3,180 3.25%
    EL PASO, TX (FHA|USDA|VA) 4 $710,000 $177,500 $4,402 2.94%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $695,000 $231,667 $3,368 3.21%
    MADISON, WI (FHA|USDA|VA) 2 $690,000 $345,000 $2,480 3.06%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $670,000 $335,000 $5,650 3.13%
    CaƱon City, CO (FHA|USDA|VA) 3 $655,000 $218,333 $7,430 2.08%
    Granbury, TX (FHA|USDA|VA) 2 $650,000 $325,000 $11,757 2.81%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $590,000 $295,000 $2,914 3.25%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $560,000 $280,000 $6,582 3.38%
    SAVANNAH, GA (FHA|USDA|VA) 2 $550,000 $275,000 $3,626 3.13%
    Levelland, TX (FHA|USDA|VA) 2 $550,000 $275,000 $6,406 3.50%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $545,000 $545,000 $0 2.88%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 3 $545,000 $181,667 $1,715 2.96%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $545,000 $545,000 $17,326 3.25%
    IDAHO FALLS, ID (FHA|USDA|VA) 1 $545,000 $545,000 $3,730 3.13%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $540,000 $270,000 $3,541 3.50%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $540,000 $270,000 $5,054 3.13%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $530,000 $265,000 $5,439 3.25%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $530,000 $265,000 $4,123 3.50%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $520,000 $260,000 $7,151 3.50%
    TYLER, TX (FHA|USDA|VA) 2 $520,000 $260,000 $4,889 3.13%
    Brenham, TX (FHA|USDA|VA) 1 $515,000 $515,000 $7,304 2.88%
    Fort Morgan, CO (FHA|USDA|VA) 4 $500,000 $125,000 $2,572 2.21%
    CHEYENNE, WY (FHA|USDA|VA) 1 $495,000 $495,000 $13,004 2.75%
    CHICO, CA (FHA|USDA|VA) 3 $495,000 $165,000 $2,718 2.54%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $490,000 $245,000 $3,486 3.06%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $490,000 $245,000 $8,041 3.75%
    NAPA, CA (FHA|USDA|VA) 1 $485,000 $485,000 $4,679 2.88%
    SANTA FE, NM (FHA|USDA|VA) 2 $480,000 $240,000 $4,783 2.63%
    Paris, TX (FHA|USDA|VA) 1 $475,000 $475,000 $6,139 2.88%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $465,000 $465,000 $6,383 3.25%
    Pahrump, NV (FHA|USDA|VA) 2 $460,000 $230,000 $5,810 3.56%
    Elko, NV (FHA|USDA|VA) 1 $455,000 $455,000 $4,460 2.88%
    SPARTANBURG, SC (FHA|USDA|VA) 2 $450,000 $225,000 $6,014 3.25%
    Outside of Metro Areas 2 $440,000 $220,000 $4,968 3.06%
    HATTIESBURG, MS (FHA|USDA|VA) 2 $430,000 $215,000 $5,228 3.31%
    LYNCHBURG, VA (FHA|USDA|VA) 2 $420,000 $210,000 $1,883 2.94%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $410,000 $205,000 $2,223 3.44%
    COLUMBUS, OH (FHA|USDA|VA) 1 $405,000 $405,000 $3,250 3.75%
    Athens, TX (FHA|USDA|VA) 1 $405,000 $405,000 $5,583 3.63%
    OCALA, FL (FHA|USDA|VA) 2 $400,000 $200,000 $6,164 3.06%
    Kerrville, TX (FHA|USDA|VA) 2 $400,000 $200,000 $5,702 2.94%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 3 $395,000 $131,667 $6,407 2.13%
    Port Angeles, WA (FHA|USDA|VA) 1 $395,000 $395,000 $3,623 3.13%
    Jefferson, GA (FHA|USDA|VA) 2 $390,000 $195,000 $8,594 3.19%
    Roseburg, OR (FHA|USDA|VA) 1 $385,000 $385,000 $4,436 2.50%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 2 $380,000 $190,000 $3,857 3.38%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $375,000 $375,000 $6,840 2.25%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $370,000 $185,000 $3,948 3.25%
    Ukiah, CA (FHA|USDA|VA) 1 $365,000 $365,000 $5,050 2.88%
    Brainerd, MN (FHA|USDA|VA) 1 $365,000 $365,000 $5,289 3.38%
    LONGVIEW, WA (FHA|USDA|VA) 1 $355,000 $355,000 $4,339 2.88%
    RAPID CITY, SD (FHA|USDA|VA) 1 $355,000 $355,000 $5,033 3.38%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $355,000 $355,000 $16,986 3.63%
    Cedar City, UT (FHA|USDA|VA) 1 $355,000 $355,000 $5,940 0.00%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $355,000 $355,000 $8,536 2.38%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $355,000 $355,000 $16,399 2.88%
    ABILENE, TX (FHA|USDA|VA) 2 $350,000 $175,000 $2,924 3.50%
    Meridian, MS (FHA|USDA|VA) 2 $350,000 $175,000 $6,077 4.31%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $345,000 $345,000 $16,036 2.75%
    Mount Pleasant, TX (FHA|USDA|VA) 2 $340,000 $170,000 $4,775 3.25%
    Fallon, NV (FHA|USDA|VA) 2 $330,000 $165,000 $6,312 1.88%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $325,000 $325,000 $3,332 2.88%
    SPRINGFIELD, MO (FHA|USDA|VA) 2 $320,000 $160,000 $2,109 2.75%
    Concord, NH (FHA|USDA|VA) 1 $315,000 $315,000 $2,890 3.38%
    Fernley, NV (FHA|USDA|VA) 1 $305,000 $305,000 $3,091 3.00%
    Moses Lake, WA (FHA|USDA|VA) 1 $305,000 $305,000 $3,352 2.88%
    Durango, CO (FHA|USDA|VA) 1 $305,000 $305,000 $2,500 3.00%
    POCATELLO, ID (FHA|USDA|VA) 1 $285,000 $285,000 $7,885 2.75%
    RACINE, WI (FHA|USDA|VA) 1 $285,000 $285,000 $7,695 2.88%
    Montrose, CO (FHA|USDA|VA) 1 $285,000 $285,000 $611 2.75%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $275,000 $275,000 $525 2.88%
    Brookings, OR (FHA|USDA|VA) 1 $275,000 $275,000 $13,833 2.88%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $275,000 $275,000 $13,989 2.75%
    JOHNSON CITY, TN (FHA|USDA|VA) 1 $265,000 $265,000 $7,845 3.63%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $265,000 $265,000 $12,667 2.50%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $265,000 $265,000 $3,738 2.63%
    Pearsall, TX (FHA|USDA|VA) 2 $260,000 $130,000 $4,861 3.06%
    BURLINGTON, NC (FHA|USDA|VA) 1 $255,000 $255,000 $8,421 2.75%
    Crawfordsville, IN (FHA|USDA|VA) 1 $255,000 $255,000 $2,458 2.75%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $255,000 $255,000 $4,224 3.25%
    Jacksonville, TX (FHA|USDA|VA) 1 $245,000 $245,000 $5,262 3.38%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $245,000 $245,000 $3,297 4.13%
    Marion, OH (FHA|USDA|VA) 1 $245,000 $245,000 $9,550 4.13%
    Nogales, AZ (FHA|USDA|VA) 2 $240,000 $120,000 $5,435 2.81%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $215,000 $215,000 $1,111 3.25%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $5,089 3.25%
    Pittsburg, KS (FHA|USDA|VA) 1 $205,000 $205,000 $3,380 3.50%
    Americus, GA (FHA|USDA|VA) 1 $205,000 $205,000 $5,020 3.25%
    WICHITA FALLS, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,263 3.75%
    Craig, CO (FHA|USDA|VA) 1 $205,000 $205,000 $4,111 2.75%
    Bay City, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,332 3.13%
    AMES, IA (FHA|USDA|VA) 1 $195,000 $195,000 $3,095 3.25%
    Ada, OK (FHA|USDA|VA) 1 $195,000 $195,000 $211 3.63%
    Lufkin, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,172 3.38%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,223 2.63%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.00%
    Cullman, AL (FHA|USDA|VA) 1 $185,000 $185,000 $5,474 3.00%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $185,000 $185,000 $2,513 3.13%
    Albertville, AL (FHA|USDA|VA) 1 $185,000 $185,000 $6,760 2.25%
    Sonora, CA (FHA|USDA|VA) 1 $175,000 $175,000 $3,720 3.13%
    FLINT, MI (FHA|USDA|VA) 1 $175,000 $175,000 $4,985 3.63%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $175,000 $175,000 $2,234 2.38%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $175,000 $175,000 $3,672 2.63%
    Warrensburg, MO (FHA|USDA|VA) 1 $175,000 $175,000 $6,352 3.13%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $175,000 $175,000 $6,844 3.00%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,978 3.13%
    Greeneville, TN (FHA|USDA|VA) 1 $165,000 $165,000 $2,828 3.00%
    ROANOKE, VA (FHA|USDA|VA) 1 $165,000 $165,000 $7,097 3.63%
    Richmond-Berea, KY (FHA|USDA|VA) 1 $165,000 $165,000 $7,588 3.25%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $165,000 $165,000 $8,562 3.50%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,892 3.00%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $155,000 $155,000 $4,304 3.25%
    Uvalde, TX (FHA|USDA|VA) 1 $155,000 $155,000 $4,225 2.50%
    Branson, MO (FHA|USDA|VA) 1 $155,000 $155,000 $3,059 2.75%
    Ruidoso, NM (FHA|USDA|VA) 1 $155,000 $155,000 $5,890 3.63%
    Marion, NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,540 3.63%
    Coshocton, OH (FHA|USDA|VA) 1 $155,000 $155,000 $1,455 3.63%
    Alice, TX (FHA|USDA|VA) 1 $145,000 $145,000 $2,696 4.13%
    Rexburg, ID (FHA|USDA|VA) 1 $145,000 $145,000 $4,305 3.13%
    Bartlesville, OK (FHA|USDA|VA) 1 $145,000 $145,000 $3,724 2.75%
    Ozark, AL (FHA|USDA|VA) 1 $145,000 $145,000 $5,217 3.38%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $145,000 $145,000 $525 2.63%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $145,000 $145,000 $3,222 3.25%
    WENATCHEE, WA (FHA|USDA|VA) 1 $135,000 $135,000 $4,787 3.63%
    LIMA, OH (FHA|USDA|VA) 1 $135,000 $135,000 $3,618 3.13%
    Aberdeen, WA (FHA|USDA|VA) 1 $135,000 $135,000 $2,339 3.88%
    Palestine, TX (FHA|USDA|VA) 1 $135,000 $135,000 $4,546 3.25%
    Russellville, AR (FHA|USDA|VA) 1 $135,000 $135,000 $3,009 3.75%
    VALDOSTA, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,674 3.63%
    Las Vegas, NM (FHA|USDA|VA) 1 $135,000 $135,000 $3,283 3.75%
    Silver City, NM (FHA|USDA|VA) 1 $125,000 $125,000 $7,081 2.88%
    Taos, NM (FHA|USDA|VA) 1 $125,000 $125,000 $3,250 3.63%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $125,000 $125,000 $1,482 4.00%
    Laurel, MS (FHA|USDA|VA) 1 $125,000 $125,000 $7,731 3.38%
    Huntsville, TX (FHA|USDA|VA) 1 $125,000 $125,000 $5,718 3.13%
    Dublin, GA (FHA|USDA|VA) 1 $125,000 $125,000 $4,590 3.13%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $115,000 $115,000 $3,206 2.63%
    Cornelia, GA (FHA|USDA|VA) 1 $115,000 $115,000 $1,742 3.38%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,073 2.75%
    ROCHESTER, MN (FHA|USDA|VA) 1 $105,000 $105,000 $3,023 3.50%
    Greenwood, SC (FHA|USDA|VA) 1 $105,000 $105,000 $1,800 3.00%
    Watertown, SD (FHA|USDA|VA) 1 $85,000 $85,000 $3,462 3.88%
    Weatherford, OK (FHA|USDA|VA) 1 $85,000 $85,000 $4,743 2.75%
    MOBILE, AL (FHA|USDA|VA) 1 $85,000 $85,000 $2,825 2.88%
    LAREDO, TX (FHA|USDA|VA) 1 $85,000 $85,000 $4,796 3.13%
    La Grande, OR (FHA|USDA|VA) 1 $75,000 $75,000 $3,341 4.00%
    Taylorville, IL (FHA|USDA|VA) 1 $75,000 $75,000 $3,976 3.63%
    Oxford, MS (FHA|USDA|VA) 1 $65,000 $65,000 $2,762 3.13%
    Amerifirst Financial's top markets include Phoenix, Denver, San Antonio, Las Vegas, and Austin among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 8,787 $2,961,825,000 $337,069 $4,457 3.13%
    FHA 1,854 $535,350,000 $288,754 $9,183 3.21%
    VA 932 $354,650,000 $380,526 $7,798 2.76%
    USDA 50 $10,480,000 $209,600 $4,583 2.91%

    For 2021, Amerifirst Financial's most frequently originated type of loan was Conventional, with 8,787 originations. Their 2nd most popular type was FHA, with 1,854 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 6,491 $2,302,955,000 $354,792 $6,197 3.17%
    Refi 2,766 $836,420,000 $302,393 $3,993 2.89%
    Cash Out Refi 2,356 $720,670,000 $305,887 $5,260 3.21%
    Other 10 $2,260,000 $226,000 $3,697 3.10%

    For 2021, Amerifirst Financial's most frequently cited loan purpose was Home Purchase, with 6,491 originations. The 2nd most popular reason was Refi, with 2,766 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 10,750 $3,648,270,000 $339,374 $5,626 3.14%
    15 Year 558 $137,060,000 $245,627 $3,599 2.60%
    20 Year 217 $56,605,000 $260,853 $3,729 2.93%
    Other 63 $16,395,000 $260,238 $4,180 3.02%
    10 Year 35 $3,975,000 $113,571 $2,678 3.04%

    For 2021, Amerifirst Financial's most frequently cited loan duration was 30 Year, with 10,750 originations. The 2nd most popular length was 15 Year, with 558 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 4,675 $1,482,935,000 $317,205
    $<1k 2,669 $848,135,000 $317,773
    $2k-3k 1,496 $459,590,000 $307,213
    $5k+ 1,213 $551,685,000 $454,810
    $3k-4k 887 $282,155,000 $318,100
    $4k-5k 681 $237,265,000 $348,407

    Amerifirst Financial's average total fees were $5,626, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 4,675 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 6,087 $2,063,545,000 $339,009
    2.5-3% 3,963 $1,344,135,000 $339,171
    <2.5% 1,155 $331,845,000 $287,312
    4-5% 365 $111,475,000 $305,411
    5-6% 6 $350,000 $58,333
    7-8% 1 $15,000 $15,000

    During 2021, Amerifirst Financial's average interest rate for loans was 3.14%, while their most frequently originated rate bucket for loans was 3-4%, with 6,087 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 6,304 $1,865,820,000 $295,974 $5,631 3.18%
    $400k-600k 2,581 $1,243,945,000 $481,962 $6,186 3.12%
    $100k-200k 1,857 $297,565,000 $160,240 $3,840 3.11%
    $600k-1MM 400 $293,930,000 $734,825 $8,677 3.09%
    $100,000 or less 369 $15,575,000 $42,209 $1,420 1.81%
    $1MM+ 112 $145,470,000 $1,298,839 $9,376 3.00%

    2021 saw Amerifirst Financial place emphasis on $200k-400k loans with 6,304 originations, totaling $1,865,820,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 3,060 $806,270,000 $263,487 $5,489 3.11%
    $100k-150k 2,532 $940,530,000 $371,457 $5,684 3.13%
    $75k-100k 2,405 $762,865,000 $317,200 $5,648 3.15%
    $50k or less 1,693 $360,115,000 $212,708 $4,432 3.05%
    $150k-250k 1,420 $660,050,000 $464,824 $5,730 3.10%
    $250k+ 506 $329,770,000 $651,719 $6,330 3.03%

    Amerifirst Financial lent most frequently to those with incomes in the $50k-75k range, with 3,060 originations. The second most popular income band? $100k-150k, with 2,532 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 2,008 $695,850,000 $346,539 $5,210 3.13%
    20-30% 1,992 $656,760,000 $329,699 $4,687 3.07%
    <20% 638 $199,930,000 $313,370 $4,077 2.86%
    44% 635 $201,315,000 $317,031 $5,697 3.26%
    50-60% 614 $199,040,000 $324,169 $8,923 3.04%
    43% 534 $174,890,000 $327,509 $5,629 3.18%
    42% 531 $186,575,000 $351,365 $5,917 3.20%
    41% 481 $158,775,000 $330,094 $5,766 3.20%
    39% 436 $144,150,000 $330,619 $5,510 3.17%
    49% 434 $143,080,000 $329,677 $6,036 3.19%
    40% 430 $146,060,000 $339,674 $5,646 3.16%
    38% 413 $138,235,000 $334,709 $5,321 3.12%
    37% 398 $135,030,000 $339,271 $5,436 3.21%
    45% 376 $123,990,000 $329,761 $5,819 3.16%
    46% 375 $122,215,000 $325,907 $5,935 3.17%
    36% 363 $120,545,000 $332,080 $5,259 3.10%
    47% 352 $114,670,000 $325,767 $5,993 3.16%
    48% 321 $106,645,000 $332,227 $5,941 3.20%
    >60% 19 $6,545,000 $344,474 $4,663 2.84%

    Amerifirst Financial lent most frequently to those with DTI ratios of 30-36%, with 2,008 originations. The next most common DTI ratio? 20-30%, with 1,992 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 9,651 $3,187,795,000 $330,307 $5,395 3.11%
    Not provided 689 $249,455,000 $362,054 $6,075 3.09%
    Asian 549 $207,735,000 $378,388 $5,271 3.11%
    Black 578 $168,160,000 $290,934 $6,192 3.14%
    American Indian 114 $33,830,000 $296,754 $5,850 3.25%
    Native Hawaiian or Islander 37 $13,165,000 $355,811 $6,155 3.29%
    Other Asian 2 $860,000 $430,000 $7,614 3.19%
    Asian Indian 1 $585,000 $585,000 $8,500 2.88%
    Chinese 1 $395,000 $395,000 $5,061 3.50%
    Vietnamese 1 $325,000 $325,000 $4,122 3.38%

    Approval Rates

    Total approvals of all applications
    98.43%

    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
    59.77%

    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 11,623 $3,862,305,000 $332,298

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    11,623 $3,862,305,000 $332,298

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 450 $86,920,000 $193,156 $3,482 2.89%
    40-60% 1,469 $423,385,000 $288,213 $3,882 2.99%
    60-80% 3,777 $1,311,815,000 $347,317 $4,873 3.16%
    80-100% 5,508 $1,958,200,000 $355,519 $6,418 3.21%
    Over 100% 178 $74,310,000 $417,472 $14,321 2.87%
    Under 20% 238 $6,760,000 $28,403 $536 1.03%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    AMERIFIRST FINANCIAL, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 40.0%
    AMERIFIRST FINANCIAL, INC. Conventional home mortgage Closing on a mortgage 1 20.0%
    AMERIFIRST FINANCIAL, INC. Conventional home mortgage Struggling to pay mortgage 1 20.0%
    AMERIFIRST FINANCIAL, INC. FHA mortgage Closing on a mortgage 1 20.0%