Agfirst Farm Credit Bank Mortgage Rates, Fees & Info

Columbia, SC

LEI: MMO6VV34TNP4Z1T8NG83

Tax ID: 57-1016947

5 stars - Updated: 2/19/24 - out of 5 stars, based on 44 reviews

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

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Mortgage Data

Review & Overview

Agfirst Farm Credit Bank is a smaller bank specializing in Home Purchase loans. Agfirst Farm Credit Bank has a high proportion of conventional loans. Their top markets by origination volume include: Charlotte, Atlanta, Columbia, Greenville, and Greensboro among others. We have data for 164 markets. (Some data included below & more in-depth data is available with an active subscription.)

Agfirst Farm Credit Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Agfirst Farm Credit Bank 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 6.51% 2/19/24
30 Year Conventional Refi 6.36% 2/19/24
30 Year Cash-out Refi 6.52% 2/19/24
15 Year Conventional Purchase 5.58% 2/19/24
15 Year Conventional Refi 5.69% 2/19/24
15 Year Cash-out Refi 5.69% 2/19/24
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.

Agfirst Farm Credit Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Agfirst Farm Credit Bank. 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

1,979

Origination Dollar Volume (All Markets)

$641,375,000
Show all (6) awards

Relative Rate

Agfirst Farm Credit Bank's average 30 year fixed mortgage rate was 4.79%.

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

This yields a difference of 0.03%.

Relative Fees (Closing Costs)

Agfirst Farm Credit Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,949.

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
Outside of Metro Areas 585 $193,635,000 $331,000 $7,187 5.24%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 114 $41,310,000 $362,368 $7,765 4.94%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 86 $28,250,000 $328,488 $7,750 4.67%
COLUMBIA, SC (FHA|USDA|VA) 75 $25,005,000 $333,400 $7,774 4.89%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 77 $24,365,000 $316,429 $7,440 4.67%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 69 $21,165,000 $306,739 $6,716 4.69%
WINSTON-SALEM, NC (FHA|USDA|VA) 63 $20,755,000 $329,444 $7,086 4.99%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 34 $13,170,000 $387,353 $4,333 4.29%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 36 $10,960,000 $304,444 $7,009 4.89%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 33 $10,695,000 $324,091 $7,294 4.93%
ASHEVILLE, NC (FHA|USDA|VA) 27 $10,375,000 $384,259 $7,675 4.87%
Statesboro, GA (FHA|USDA|VA) 31 $8,365,000 $269,839 $6,341 4.74%
Newberry, SC (FHA|USDA|VA) 25 $7,895,000 $315,800 $7,606 5.10%
Shelby, NC (FHA|USDA|VA) 21 $7,825,000 $372,619 $7,758 5.29%
BURLINGTON, NC (FHA|USDA|VA) 22 $7,730,000 $351,364 $7,493 5.10%
SPARTANBURG, SC (FHA|USDA|VA) 18 $7,410,000 $411,667 $7,013 5.19%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 19 $7,175,000 $377,632 $6,810 4.47%
RICHMOND, VA (FHA|USDA|VA) 19 $6,455,000 $339,737 $5,953 4.63%
Seneca, SC (FHA|USDA|VA) 18 $6,390,000 $355,000 $8,359 4.82%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 17 $6,115,000 $359,706 $4,438 4.47%
JACKSONVILLE, FL (FHA|USDA|VA) 15 $5,695,000 $379,667 $8,044 4.60%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 18 $5,290,000 $293,889 $6,408 4.62%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 15 $5,215,000 $347,667 $5,865 5.64%
SALISBURY, MD-DE (FHA|USDA|VA) 18 $4,800,000 $266,667 $5,355 4.69%
ROANOKE, VA (FHA|USDA|VA) 13 $4,745,000 $365,000 $6,022 5.04%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 10 $4,330,000 $433,000 $9,441 5.06%
Cullowhee, NC (FHA|USDA|VA) 13 $4,315,000 $331,923 $7,638 4.50%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 10 $4,050,000 $405,000 $3,775 3.64%
Vidalia, GA (FHA|USDA|VA) 17 $3,755,000 $220,882 $6,829 4.29%
Paducah, KY-IL (FHA|USDA|VA) 19 $3,455,000 $181,842 $3,739 5.13%
Mount Airy, NC (FHA|USDA|VA) 14 $3,400,000 $242,857 $6,093 5.53%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 9 $3,385,000 $376,111 $4,566 4.99%
STAUNTON, VA (FHA|USDA|VA) 10 $3,020,000 $302,000 $4,795 4.74%
Greenwood, SC (FHA|USDA|VA) 9 $2,895,000 $321,667 $7,423 4.68%
HARRISONBURG, VA (FHA|USDA|VA) 12 $2,870,000 $239,167 $3,950 5.21%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 8 $2,860,000 $357,500 $6,189 4.56%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 6 $2,710,000 $451,667 $8,507 4.35%
WINCHESTER, VA-WV (FHA|USDA|VA) 9 $2,705,000 $300,556 $5,200 4.43%
DOVER, DE (FHA|USDA|VA) 8 $2,690,000 $336,250 $6,076 4.94%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $2,685,000 $383,571 $7,054 5.70%
GAINESVILLE, FL (FHA|USDA|VA) 11 $2,395,000 $217,727 $6,166 4.85%
Palatka, FL (FHA|USDA|VA) 9 $2,375,000 $263,889 $8,910 5.25%
Forest City, NC (FHA|USDA|VA) 7 $2,295,000 $327,857 $6,626 5.80%
TALLAHASSEE, FL (FHA|USDA|VA) 8 $2,280,000 $285,000 $7,640 4.66%
OCALA, FL (FHA|USDA|VA) 6 $2,270,000 $378,333 $7,424 4.04%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 10 $2,250,000 $225,000 $3,783 4.64%
North Wilkesboro, NC (FHA|USDA|VA) 9 $2,235,000 $248,333 $5,956 4.32%
Albemarle, NC (FHA|USDA|VA) 7 $2,225,000 $317,857 $7,068 4.91%
Mayfield, KY (FHA|USDA|VA) 9 $2,155,000 $239,444 $4,137 4.85%
COLUMBUS, GA-AL (FHA|USDA|VA) 7 $2,155,000 $307,857 $7,671 3.80%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $2,115,000 $423,000 $9,210 4.55%
Dayton, TN (FHA|USDA|VA) 7 $2,115,000 $302,143 $4,126 5.02%
Arcadia, FL (FHA|USDA|VA) 7 $2,095,000 $299,286 $7,705 5.68%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 6 $2,090,000 $348,333 $7,275 4.35%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $2,050,000 $341,667 $6,980 4.75%
SAVANNAH, GA (FHA|USDA|VA) 8 $2,000,000 $250,000 $6,029 4.84%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $1,835,000 $367,000 $7,037 5.15%
Douglas, GA (FHA|USDA|VA) 5 $1,825,000 $365,000 $7,342 4.33%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 6 $1,790,000 $298,333 $5,922 5.17%
St. Marys, GA (FHA|USDA|VA) 5 $1,695,000 $339,000 $7,482 3.95%
BRUNSWICK, GA (FHA|USDA|VA) 6 $1,640,000 $273,333 $6,214 3.48%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 6 $1,580,000 $263,333 $5,543 4.88%
Jesup, GA (FHA|USDA|VA) 7 $1,405,000 $200,714 $5,342 3.91%
LYNCHBURG, VA (FHA|USDA|VA) 5 $1,395,000 $279,000 $5,955 4.88%
Waycross, GA (FHA|USDA|VA) 8 $1,380,000 $172,500 $5,649 4.53%
Marion, NC (FHA|USDA|VA) 4 $1,370,000 $342,500 $7,260 6.25%
Okeechobee, FL (FHA|USDA|VA) 3 $1,365,000 $455,000 $9,123 4.96%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $1,325,000 $441,667 $10,088 5.63%
Wauchula, FL (FHA|USDA|VA) 6 $1,280,000 $213,333 $6,189 5.98%
CLEVELAND, TN (FHA|USDA|VA) 3 $1,265,000 $421,667 $7,365 5.71%
Danville, VA (FHA|USDA|VA) 3 $1,265,000 $421,667 $6,280 5.00%
Athens, TN (FHA|USDA|VA) 4 $1,200,000 $300,000 $4,650 5.28%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $1,200,000 $600,000 $9,626 4.88%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $1,160,000 $580,000 $8,056 5.69%
Dublin, GA (FHA|USDA|VA) 4 $1,080,000 $270,000 $9,755 3.66%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 4 $1,040,000 $260,000 $6,672 3.63%
Murray, KY (FHA|USDA|VA) 4 $1,030,000 $257,500 $3,561 4.88%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $1,005,000 $335,000 $7,692 5.17%
Gaffney, SC (FHA|USDA|VA) 4 $940,000 $235,000 $4,238 3.94%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $910,000 $455,000 $9,345 6.31%
Paragould, AR (FHA|USDA|VA) 2 $880,000 $440,000 $6,047 4.44%
Bay City, TX (FHA|USDA|VA) 2 $870,000 $435,000 $9,954 4.44%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $805,000 $268,333 $7,324 4.04%
CHARLESTON, WV (FHA|USDA|VA) 3 $785,000 $261,667 $3,430 5.04%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $755,000 $755,000 $19,184 6.00%
Campbellsville, KY (FHA|USDA|VA) 3 $745,000 $248,333 $4,037 5.13%
LANCASTER, PA (FHA|USDA|VA) 3 $745,000 $248,333 $3,850 4.21%
Danville, KY (FHA|USDA|VA) 3 $725,000 $241,667 $4,022 3.67%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $720,000 $360,000 $5,720 5.50%
Frankfort, KY (FHA|USDA|VA) 4 $690,000 $172,500 $3,096 5.72%
WARNER ROBINS, GA (FHA|USDA|VA) 2 $680,000 $340,000 $7,746 3.69%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $660,000 $330,000 $6,067 5.63%
Union, SC (FHA|USDA|VA) 2 $660,000 $330,000 $7,069 4.94%
KNOXVILLE, TN (FHA|USDA|VA) 1 $645,000 $645,000 $17,483 4.13%
Orangeburg, SC (FHA|USDA|VA) 3 $635,000 $211,667 $6,023 5.54%
GREENVILLE, NC (FHA|USDA|VA) 1 $605,000 $605,000 $9,794 5.38%
LOUISVILLE, KY (FHA|USDA|VA) 1 $605,000 $605,000 $4,738 7.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $600,000 $300,000 $6,496 4.75%
Lake City, FL (FHA|USDA|VA) 1 $585,000 $585,000 $14,401 4.25%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $580,000 $290,000 $4,664 3.94%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $575,000 $575,000 $3,074 3.88%
Boone, NC (FHA|USDA|VA) 2 $530,000 $265,000 $8,342 4.94%
LUBBOCK, TX (FHA|USDA|VA) 2 $530,000 $265,000 $4,791 6.25%
WACO, TX (FHA|USDA|VA) 1 $525,000 $525,000 $9,123 3.63%
Corsicana, TX (FHA|USDA|VA) 1 $525,000 $525,000 $6,238 6.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $510,000 $255,000 $5,947 5.00%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $510,000 $255,000 $3,498 3.81%
Moultrie, GA (FHA|USDA|VA) 1 $505,000 $505,000 $11,956 5.00%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $495,000 $495,000 $10,069 5.88%
Snyder, TX (FHA|USDA|VA) 1 $495,000 $495,000 $11,316 6.50%
Bonham, TX (FHA|USDA|VA) 1 $495,000 $495,000 $5,515 7.25%
Huntsville, TX (FHA|USDA|VA) 1 $455,000 $455,000 $9,647 3.63%
Clewiston, FL (FHA|USDA|VA) 2 $450,000 $225,000 $7,597 6.56%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $430,000 $215,000 $6,781 5.50%
SUMTER, SC (FHA|USDA|VA) 2 $430,000 $215,000 $5,974 6.06%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 3 $425,000 $141,667 $3,909 5.83%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $425,000 $425,000 $10,035 4.00%
Mineral Wells, TX (FHA|USDA|VA) 1 $425,000 $425,000 $7,762 6.38%
Bardstown, KY (FHA|USDA|VA) 2 $410,000 $205,000 $4,310 5.38%
Sanford, NC (FHA|USDA|VA) 1 $395,000 $395,000 $9,242 6.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $395,000 $395,000 $11,039 5.88%
Milledgeville, GA (FHA|USDA|VA) 2 $390,000 $195,000 $5,381 3.75%
AMARILLO, TX (FHA|USDA|VA) 1 $385,000 $385,000 $5,670 5.75%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $385,000 $385,000 $12,489 8.00%
ALBANY, GA (FHA|USDA|VA) 2 $380,000 $190,000 $5,748 3.94%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $365,000 $365,000 $4,620 3.88%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $355,000 $355,000 $4,846 4.13%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $355,000 $355,000 $9,787 6.63%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $355,000 $118,333 $2,844 4.46%
Martinsville, VA (FHA|USDA|VA) 2 $350,000 $175,000 $4,202 5.13%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $345,000 $345,000 $3,541 5.50%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $340,000 $170,000 $5,434 6.06%
Brenham, TX (FHA|USDA|VA) 1 $335,000 $335,000 $6,185 3.63%
LaGrange, GA-AL (FHA|USDA|VA) 1 $315,000 $315,000 $10,081 5.13%
READING, PA (FHA|USDA|VA) 1 $305,000 $305,000 $5,821 4.25%
Auburn, NY (FHA|USDA|VA) 1 $295,000 $295,000 $6,897 4.63%
THE VILLAGES, FL (FHA|USDA|VA) 1 $275,000 $275,000 $9,927 6.75%
GETTYSBURG, PA (FHA|USDA|VA) 1 $275,000 $275,000 $4,519 3.50%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $275,000 $275,000 $4,350 5.75%
Levelland, TX (FHA|USDA|VA) 1 $265,000 $265,000 $5,596 7.25%
JONESBORO, AR (FHA|USDA|VA) 1 $255,000 $255,000 $6,449 6.00%
ABILENE, TX (FHA|USDA|VA) 1 $255,000 $255,000 $6,384 5.63%
Big Spring, TX (FHA|USDA|VA) 1 $255,000 $255,000 $7,483 6.25%
Pottsville, PA (FHA|USDA|VA) 2 $250,000 $125,000 $2,935 3.31%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $225,000 $225,000 $8,076 3.88%
Cambridge, MD (FHA|USDA|VA) 1 $215,000 $215,000 $2,932 4.13%
LAFAYETTE, LA (FHA|USDA|VA) 1 $205,000 $205,000 $4,714 5.50%
TYLER, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,927 5.25%
Somerset, KY (FHA|USDA|VA) 1 $205,000 $205,000 $5,059 3.00%
Malone, NY (FHA|USDA|VA) 1 $195,000 $195,000 $5,932 5.00%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $195,000 $195,000 $3,871 3.38%
Richmond-Berea, KY (FHA|USDA|VA) 1 $195,000 $195,000 $3,281 5.88%
Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $175,000 $175,000 $5,327 4.88%
Easton, MD (FHA|USDA|VA) 1 $165,000 $165,000 $2,998 6.88%
NEW BERN, NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,461 6.63%
Blytheville, AR (FHA|USDA|VA) 1 $135,000 $135,000 $3,806 2.75%
Rockingham, NC (FHA|USDA|VA) 1 $125,000 $125,000 $4,543 3.63%
MONTGOMERY, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,553 6.00%
Morehead City, NC (FHA|USDA|VA) 1 $115,000 $115,000 $4,076 4.38%
Thomaston, GA (FHA|USDA|VA) 1 $115,000 $115,000 $3,790 3.25%
LEBANON, PA (FHA|USDA|VA) 1 $115,000 $115,000 $3,031 2.75%
PANAMA CITY, FL (FHA|USDA|VA) 1 $105,000 $105,000 $3,968 3.75%
Henderson, NC (FHA|USDA|VA) 1 $95,000 $95,000 $3,850 6.38%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $55,000 $55,000 $3,614 2.63%
Agfirst Farm Credit Bank's top markets include Charlotte, Atlanta, Columbia, Greenville, and Greensboro among others.

Their top states include:
  • North Carolina (FHA|USDA|VA)
  • (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,979 $641,375,000 $324,090 $6,897 4.95%

    For 2022, Agfirst Farm Credit Bank's most frequently originated type of loan was Conventional, with 1,979 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,530 $534,360,000 $349,255 $7,464 5.25%
    Cash Out Refi 274 $67,180,000 $245,182 $5,057 4.08%
    Refi 160 $37,050,000 $231,563 $4,893 3.57%
    Other 10 $1,980,000 $198,000 $3,408 4.51%
    Home Improvement 5 $805,000 $161,000 $5,318 5.33%

    For 2022, Agfirst Farm Credit Bank's most frequently cited loan purpose was Home Purchase, with 1,530 originations. The 2nd most popular reason was Cash Out Refi, with 274 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30+ year 850 $327,690,000 $385,518 $8,549 5.63%
    30 Year 811 $246,765,000 $304,273 $5,949 4.79%
    15 Year 186 $38,750,000 $208,333 $4,803 3.27%
    20 Year 80 $16,970,000 $212,125 $4,745 3.86%
    Other 35 $8,495,000 $242,714 $6,103 4.22%
    10 Year 17 $2,705,000 $159,118 $4,133 3.38%

    For 2022, Agfirst Farm Credit Bank's most frequently cited loan duration was 30+ year, with 850 originations. The 2nd most popular length was 30 Year, with 811 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 563 $260,445,000 $462,602
    $1k-2k 341 $75,375,000 $221,041
    $4k-5k 316 $107,060,000 $338,797
    $3k-4k 309 $85,205,000 $275,744
    $2k-3k 264 $61,340,000 $232,348
    $<1k 186 $51,950,000 $279,301

    Agfirst Farm Credit Bank's average total fees were $5,949, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 563 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 474 $155,980,000 $329,072
    3-4% 442 $134,570,000 $304,457
    5-6% 435 $145,585,000 $334,678
    6-7% 363 $129,845,000 $357,700
    7-8% 113 $39,975,000 $353,761
    2.5-3% 107 $25,185,000 $235,374
    <2.5% 43 $9,745,000 $226,628
    Over 8% 2 $490,000 $245,000

    During 2022, Agfirst Farm Credit Bank's average interest rate for loans was 4.79%, while their most frequently originated rate bucket for loans was 4-5%, with 474 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 984 $289,420,000 $294,126 $6,585 4.99%
    $400k-600k 456 $218,500,000 $479,167 $9,026 5.20%
    $100k-200k 358 $54,700,000 $152,793 $4,473 4.55%
    $600k-1MM 109 $72,225,000 $662,615 $10,944 5.27%
    $100,000 or less 71 $5,365,000 $75,563 $3,589 4.19%
    $1MM+ 1 $1,165,000 $1,165,000 $4,539 5.50%

    2022 saw Agfirst Farm Credit Bank place emphasis on $200k-400k loans with 984 originations, totaling $289,420,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 654 $227,070,000 $347,202 $7,277 4.98%
    $150k-250k 386 $165,440,000 $428,601 $8,078 5.07%
    $75k-100k 380 $104,610,000 $275,289 $6,370 4.91%
    $50k-75k 329 $72,905,000 $221,596 $5,539 4.92%
    $50k or less 133 $19,645,000 $147,707 $4,548 4.49%
    $250k+ 97 $51,705,000 $533,041 $9,523 5.13%

    Agfirst Farm Credit Bank lent most frequently to those with incomes in the $100k-150k range, with 654 originations. The second most popular income band? $150k-250k, with 386 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 398 $116,110,000 $291,734 $6,391 4.52%
    30-36% 366 $117,110,000 $319,973 $6,696 4.89%
    <20% 117 $30,205,000 $258,162 $5,475 4.23%
    49% 99 $35,035,000 $353,889 $7,702 5.57%
    44% 91 $29,775,000 $327,198 $6,988 4.99%
    40% 87 $29,555,000 $339,713 $7,141 5.10%
    48% 84 $30,930,000 $368,214 $7,494 5.48%
    38% 80 $25,030,000 $312,875 $7,034 4.93%
    36% 79 $27,225,000 $344,620 $6,985 5.16%
    45% 76 $26,280,000 $345,789 $7,535 5.38%
    43% 74 $25,160,000 $340,000 $6,967 5.13%
    41% 74 $26,230,000 $354,459 $7,624 5.05%
    37% 74 $24,200,000 $327,027 $6,988 4.87%
    46% 74 $27,480,000 $371,351 $7,600 5.40%
    39% 71 $22,405,000 $315,563 $6,860 5.07%
    42% 68 $24,310,000 $357,500 $7,175 5.10%
    47% 65 $23,655,000 $363,923 $8,104 5.49%
    50-60% 2 $680,000 $340,000 $8,275 7.25%

    Agfirst Farm Credit Bank lent most frequently to those with DTI ratios of 20-30%, with 398 originations. The next most common DTI ratio? 30-36%, with 366 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,804 $577,760,000 $320,266 $6,843 4.94%
    Not provided 104 $38,210,000 $367,404 $7,578 4.87%
    Black 40 $15,430,000 $385,750 $7,765 5.36%
    Asian 13 $4,905,000 $377,308 $6,854 4.61%
    American Indian 14 $3,520,000 $251,429 $6,290 5.29%
    Asian Indian 1 $495,000 $495,000 $3,591 6.75%
    Filipino 1 $475,000 $475,000 $9,727 5.63%
    Native Hawaiian or Islander 1 $305,000 $305,000 $7,962 6.25%
    Other Asian 1 $275,000 $275,000 $7,412 5.88%

    Approval Rates

    Total approvals of all applications
    92.02%

    Agfirst Farm Credit Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.43%

    Agfirst Farm Credit Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,979 $641,375,000 $324,090

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,979 $641,375,000 $324,090

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 137 $26,115,000 $190,620 $4,809 4.06%
    40-60% 326 $87,610,000 $268,742 $5,781 4.40%
    60-80% 727 $244,055,000 $335,702 $7,063 4.99%
    80-100% 778 $282,190,000 $362,712 $7,611 5.31%
    Under 20% 11 $1,405,000 $127,727 $4,454 4.18%