Agfirst Farm Credit Bank Mortgage Rates, Fees & Info

Columbia, SC

LEI: MMO6VV34TNP4Z1T8NG83

Tax ID: 57-1016947

4.6 stars - out of 5 stars, based on 50 reviews

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

Jump to:

Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Agfirst Farm Credit Bank is a smaller bank specializing in loans. Agfirst Farm Credit Bank has a high proportion of conventional loans. Their top markets by origination volume include: Charlotte, Columbia, Greenville, Atlanta, and Washington among others. We have data for 162 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 7.00% 11/26/22
    30 Year Conventional Refi 6.91% 11/26/22
    30 Year Cash-out Refi 7.05% 11/26/22
    15 Year Conventional Purchase 6.27% 11/26/22
    15 Year Conventional Refi 6.19% 11/26/22
    15 Year Cash-out Refi 6.19% 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

    2,512

    Origination Dollar Volume (All Markets)

    $710,010,000
    Show all (6) awards

    Relative Rate

    Agfirst Farm Credit Bank's average 30 year fixed mortgage rate was 3.17%.

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

    This yields a difference of 0.02%.

    Relative Fees (Closing Costs)

    Agfirst Farm Credit Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,079.

    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 538 $145,600,000 $270,632 $5,573 3.33%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 155 $44,305,000 $285,839 $6,156 3.26%
    COLUMBIA, SC (FHA|USDA|VA) 108 $33,210,000 $307,500 $6,355 3.31%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 110 $31,590,000 $287,182 $5,873 3.08%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 104 $30,830,000 $296,442 $6,661 3.05%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 82 $29,230,000 $356,463 $4,138 3.21%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 95 $26,425,000 $278,158 $6,078 3.17%
    WINSTON-SALEM, NC (FHA|USDA|VA) 83 $22,915,000 $276,084 $6,291 3.25%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 68 $19,430,000 $285,735 $6,237 3.07%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 54 $12,600,000 $233,333 $5,530 3.09%
    BURLINGTON, NC (FHA|USDA|VA) 42 $11,500,000 $273,810 $6,071 3.18%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 25 $8,805,000 $352,200 $6,932 3.27%
    Shelby, NC (FHA|USDA|VA) 27 $8,065,000 $298,704 $7,218 3.64%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 29 $7,375,000 $254,310 $3,189 3.04%
    SPARTANBURG, SC (FHA|USDA|VA) 21 $7,265,000 $345,952 $5,445 3.52%
    WINCHESTER, VA-WV (FHA|USDA|VA) 27 $6,805,000 $252,037 $3,612 3.15%
    TALLAHASSEE, FL (FHA|USDA|VA) 19 $6,735,000 $354,474 $5,393 3.35%
    ASHEVILLE, NC (FHA|USDA|VA) 19 $6,355,000 $334,474 $7,087 3.31%
    Palatka, FL (FHA|USDA|VA) 22 $6,010,000 $273,182 $5,917 3.33%
    RICHMOND, VA (FHA|USDA|VA) 24 $5,980,000 $249,167 $3,557 3.18%
    Newberry, SC (FHA|USDA|VA) 20 $5,630,000 $281,500 $6,524 3.24%
    GAINESVILLE, FL (FHA|USDA|VA) 24 $5,530,000 $230,417 $5,546 3.15%
    Cullowhee, NC (FHA|USDA|VA) 19 $5,495,000 $289,211 $7,453 3.80%
    Seneca, SC (FHA|USDA|VA) 15 $5,475,000 $365,000 $7,427 2.99%
    SALISBURY, MD-DE (FHA|USDA|VA) 20 $5,410,000 $270,500 $4,083 3.25%
    JACKSONVILLE, FL (FHA|USDA|VA) 18 $5,310,000 $295,000 $6,401 3.32%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 18 $5,290,000 $293,889 $5,616 3.53%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 18 $5,290,000 $293,889 $3,343 2.95%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 16 $5,200,000 $325,000 $4,095 3.20%
    Vidalia, GA (FHA|USDA|VA) 21 $5,085,000 $242,143 $6,117 2.82%
    STAUNTON, VA (FHA|USDA|VA) 19 $4,995,000 $262,895 $3,161 3.13%
    OCALA, FL (FHA|USDA|VA) 15 $4,945,000 $329,667 $5,539 3.25%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 12 $4,700,000 $391,667 $5,756 3.49%
    ROANOKE, VA (FHA|USDA|VA) 23 $4,565,000 $198,478 $2,953 2.90%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 15 $4,555,000 $303,667 $5,163 3.63%
    LYNCHBURG, VA (FHA|USDA|VA) 16 $4,550,000 $284,375 $4,763 3.24%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 9 $4,495,000 $499,444 $8,161 3.18%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 14 $3,940,000 $281,429 $3,677 2.86%
    Arcadia, FL (FHA|USDA|VA) 14 $3,860,000 $275,714 $5,319 3.38%
    Mount Airy, NC (FHA|USDA|VA) 17 $3,575,000 $210,294 $5,266 3.21%
    Statesboro, GA (FHA|USDA|VA) 16 $3,560,000 $222,500 $5,304 2.76%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 12 $3,520,000 $293,333 $6,608 3.44%
    Thomaston, GA (FHA|USDA|VA) 11 $3,445,000 $313,182 $7,238 3.09%
    DOVER, DE (FHA|USDA|VA) 13 $3,415,000 $262,692 $4,071 3.22%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 8 $3,290,000 $411,250 $4,973 3.22%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 10 $2,980,000 $298,000 $2,929 2.99%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $2,940,000 $367,500 $8,097 3.23%
    Mayfield, KY (FHA|USDA|VA) 13 $2,705,000 $208,077 $3,123 3.14%
    Gaffney, SC (FHA|USDA|VA) 9 $2,695,000 $299,444 $4,605 3.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $2,585,000 $517,000 $10,462 3.35%
    Frankfort, KY (FHA|USDA|VA) 10 $2,570,000 $257,000 $2,844 3.19%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 10 $2,510,000 $251,000 $3,929 3.29%
    Paducah, KY-IL (FHA|USDA|VA) 11 $2,485,000 $225,909 $3,388 3.36%
    Lake City, FL (FHA|USDA|VA) 8 $2,430,000 $303,750 $7,876 3.44%
    Albemarle, NC (FHA|USDA|VA) 10 $2,420,000 $242,000 $5,894 2.99%
    READING, PA (FHA|USDA|VA) 9 $2,305,000 $256,111 $4,393 3.24%
    Murray, KY (FHA|USDA|VA) 10 $2,220,000 $222,000 $3,274 3.29%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 9 $2,215,000 $246,111 $4,282 3.31%
    LaGrange, GA-AL (FHA|USDA|VA) 5 $2,145,000 $429,000 $7,836 3.20%
    LANCASTER, PA (FHA|USDA|VA) 7 $2,145,000 $306,429 $4,103 3.02%
    Waycross, GA (FHA|USDA|VA) 7 $2,025,000 $289,286 $6,083 3.09%
    THE VILLAGES, FL (FHA|USDA|VA) 6 $2,020,000 $336,667 $6,795 3.31%
    BRUNSWICK, GA (FHA|USDA|VA) 7 $2,015,000 $287,857 $6,493 3.39%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 9 $1,915,000 $212,778 $3,820 2.93%
    Dayton, TN (FHA|USDA|VA) 8 $1,890,000 $236,250 $3,789 3.28%
    SAVANNAH, GA (FHA|USDA|VA) 7 $1,845,000 $263,571 $6,435 3.09%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $1,825,000 $260,714 $4,627 3.20%
    ABILENE, TX (FHA|USDA|VA) 4 $1,760,000 $440,000 $9,031 3.19%
    Union, SC (FHA|USDA|VA) 5 $1,755,000 $351,000 $5,164 3.15%
    COLUMBUS, GA-AL (FHA|USDA|VA) 7 $1,755,000 $250,714 $6,218 2.91%
    Sanford, NC (FHA|USDA|VA) 6 $1,750,000 $291,667 $7,038 3.81%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 9 $1,745,000 $193,889 $2,193 3.17%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $1,710,000 $427,500 $7,355 3.97%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 5 $1,705,000 $341,000 $7,653 3.68%
    Greenwood, SC (FHA|USDA|VA) 7 $1,565,000 $223,571 $5,516 2.80%
    North Wilkesboro, NC (FHA|USDA|VA) 7 $1,525,000 $217,857 $5,360 3.21%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $1,520,000 $380,000 $5,120 3.31%
    Danville, VA (FHA|USDA|VA) 9 $1,505,000 $167,222 $2,681 2.86%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,490,000 $372,500 $5,434 2.94%
    Douglas, GA (FHA|USDA|VA) 6 $1,400,000 $233,333 $5,640 2.77%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $1,360,000 $340,000 $7,471 3.13%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $1,350,000 $337,500 $7,307 3.31%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $1,335,000 $445,000 $7,016 3.50%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $1,280,000 $320,000 $6,844 3.09%
    CLEVELAND, TN (FHA|USDA|VA) 5 $1,275,000 $255,000 $2,255 3.83%
    Orangeburg, SC (FHA|USDA|VA) 5 $1,245,000 $249,000 $5,575 3.33%
    Wauchula, FL (FHA|USDA|VA) 4 $1,240,000 $310,000 $6,676 3.25%
    HARRISONBURG, VA (FHA|USDA|VA) 7 $1,215,000 $173,571 $2,338 2.95%
    Cambridge, MD (FHA|USDA|VA) 5 $1,185,000 $237,000 $3,070 3.03%
    Danville, KY (FHA|USDA|VA) 4 $1,150,000 $287,500 $3,014 2.44%
    Easton, MD (FHA|USDA|VA) 4 $1,090,000 $272,500 $2,841 3.03%
    Clewiston, FL (FHA|USDA|VA) 5 $1,085,000 $217,000 $7,657 3.85%
    Dublin, GA (FHA|USDA|VA) 3 $1,055,000 $351,667 $8,994 2.96%
    Forest City, NC (FHA|USDA|VA) 3 $1,055,000 $351,667 $7,255 2.88%
    Marion, NC (FHA|USDA|VA) 4 $1,010,000 $252,500 $6,338 3.41%
    LEBANON, PA (FHA|USDA|VA) 4 $1,000,000 $250,000 $3,979 2.47%
    St. Marys, GA (FHA|USDA|VA) 4 $980,000 $245,000 $5,965 3.47%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 4 $970,000 $242,500 $5,387 3.25%
    Pottsville, PA (FHA|USDA|VA) 5 $945,000 $189,000 $3,734 2.83%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $895,000 $298,333 $6,415 3.08%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 3 $895,000 $298,333 $3,310 2.92%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $860,000 $430,000 $8,124 4.06%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $855,000 $285,000 $4,233 3.63%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 4 $830,000 $207,500 $3,634 3.31%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $830,000 $415,000 $5,499 3.13%
    Fredericksburg, TX (FHA|USDA|VA) 2 $820,000 $410,000 $7,317 2.88%
    Jesup, GA (FHA|USDA|VA) 4 $750,000 $187,500 $4,452 2.81%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $740,000 $370,000 $4,301 2.88%
    WACO, TX (FHA|USDA|VA) 2 $710,000 $355,000 $3,966 3.38%
    Lumberton, NC (FHA|USDA|VA) 3 $705,000 $235,000 $5,746 3.50%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $700,000 $350,000 $4,662 2.81%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $700,000 $350,000 $7,158 3.31%
    HUNTSVILLE, AL (FHA|USDA|VA) 2 $700,000 $350,000 $5,275 2.81%
    Beeville, TX (FHA|USDA|VA) 2 $690,000 $345,000 $6,536 3.38%
    Athens, TN (FHA|USDA|VA) 3 $685,000 $228,333 $3,439 3.46%
    PUNTA GORDA, FL (FHA|USDA|VA) 3 $675,000 $225,000 $7,906 3.17%
    ALBANY, GA (FHA|USDA|VA) 3 $675,000 $225,000 $6,126 2.96%
    Bonham, TX (FHA|USDA|VA) 2 $630,000 $315,000 $5,964 3.63%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $615,000 $205,000 $2,935 3.21%
    Okeechobee, FL (FHA|USDA|VA) 2 $600,000 $300,000 $8,215 3.69%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 2 $570,000 $285,000 $7,124 3.63%
    CHARLESTON, WV (FHA|USDA|VA) 3 $565,000 $188,333 $5,143 3.29%
    LONGVIEW, TX (FHA|USDA|VA) 2 $550,000 $275,000 $9,178 3.31%
    JACKSON, MS (FHA|USDA|VA) 1 $545,000 $545,000 $5,446 3.38%
    Key West, FL (FHA|USDA|VA) 1 $545,000 $545,000 $5,665 3.75%
    WICHITA FALLS, TX (FHA|USDA|VA) 1 $535,000 $535,000 $9,314 4.00%
    Bardstown, KY (FHA|USDA|VA) 2 $530,000 $265,000 $5,381 2.69%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $525,000 $525,000 $3,386 2.88%
    DALTON, GA (FHA|USDA|VA) 1 $525,000 $525,000 $9,568 3.88%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $520,000 $260,000 $6,945 4.06%
    Bluefield, WV-VA (FHA|USDA|VA) 2 $480,000 $240,000 $3,708 3.19%
    Moultrie, GA (FHA|USDA|VA) 2 $430,000 $215,000 $5,121 2.56%
    BECKLEY, WV (FHA|USDA|VA) 1 $415,000 $415,000 $8,105 3.63%
    Martinsville, VA (FHA|USDA|VA) 2 $410,000 $205,000 $4,810 3.44%
    Boone, NC (FHA|USDA|VA) 2 $410,000 $205,000 $4,448 3.69%
    ROCHESTER, NY (FHA|USDA|VA) 3 $405,000 $135,000 $3,937 2.83%
    SUMTER, SC (FHA|USDA|VA) 2 $380,000 $190,000 $5,407 3.38%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $360,000 $180,000 $4,878 3.38%
    VALDOSTA, GA (FHA|USDA|VA) 1 $355,000 $355,000 $7,335 3.00%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $350,000 $175,000 $4,664 2.50%
    Elizabeth City, NC (FHA|USDA|VA) 2 $350,000 $175,000 $5,019 3.31%
    Paragould, AR (FHA|USDA|VA) 1 $345,000 $345,000 $4,579 3.00%
    JONESBORO, AR (FHA|USDA|VA) 2 $340,000 $170,000 $3,887 2.63%
    Point Pleasant, WV-OH (FHA|USDA|VA) 1 $335,000 $335,000 $7,463 3.50%
    Scottsboro, AL (FHA|USDA|VA) 1 $315,000 $315,000 $3,763 3.00%
    Morehead City, NC (FHA|USDA|VA) 1 $305,000 $305,000 $6,402 2.88%
    Levelland, TX (FHA|USDA|VA) 1 $295,000 $295,000 $4,305 3.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $265,000 $265,000 $7,896 3.88%
    Stephenville, TX (FHA|USDA|VA) 1 $235,000 $235,000 $3,939 3.00%
    Albertville, AL (FHA|USDA|VA) 1 $235,000 $235,000 $3,244 3.00%
    Mineral Wells, TX (FHA|USDA|VA) 1 $235,000 $235,000 $7,789 2.88%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $210,000 $105,000 $3,043 2.75%
    HINESVILLE, GA (FHA|USDA|VA) 1 $205,000 $205,000 $4,690 2.88%
    ODESSA, TX (FHA|USDA|VA) 1 $195,000 $195,000 $5,224 3.13%
    SYRACUSE, NY (FHA|USDA|VA) 1 $185,000 $185,000 $4,486 3.00%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $165,000 $165,000 $3,264 2.63%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $165,000 $165,000 $5,292 3.25%
    Fitzgerald, GA (FHA|USDA|VA) 1 $165,000 $165,000 $5,708 3.25%
    Campbellsville, KY (FHA|USDA|VA) 1 $125,000 $125,000 $3,531 2.88%
    Summerville, GA (FHA|USDA|VA) 1 $115,000 $115,000 $4,237 2.88%
    Jacksonville, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,284 2.75%
    Athens, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,713 3.50%
    Agfirst Farm Credit Bank's top markets include Charlotte, Columbia, Greenville, Atlanta, and Washington among others.

    Their top states include:
  • North Carolina (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Similar Lenders

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

    Horizon Credit Union
    Similarity Rank: 72
    Kingsport Press Credit Union
    Similarity Rank: 198
    PATRIOT
    Similarity Rank: 228
    PARK VIEW FEDERAL CREDIT UNION
    Similarity Rank: 245
    DUPONT COMMUNITY
    Similarity Rank: 294
    Emory Alliance Credit Union
    Similarity Rank: 305
    S. C. STATE FEDERAL CREDIT UNION
    Similarity Rank: 408
    POINT BREEZE
    Similarity Rank: 477
    Cedar Point Federal Credit Union
    Similarity Rank: 546

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,512 $710,010,000 $282,647 $5,568 3.23%

    For 2021, Agfirst Farm Credit Bank's most frequently originated type of loan was Conventional, with 2,512 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,366 $437,380,000 $320,190 $6,530 3.51%
    Refi 596 $138,950,000 $233,138 $4,370 2.78%
    Cash Out Refi 543 $132,525,000 $244,061 $4,535 2.99%
    Other 7 $1,155,000 $165,000 $51 3.86%

    For 2021, Agfirst Farm Credit Bank's most frequently cited loan purpose was Home Purchase, with 1,366 originations. The 2nd most popular reason was Refi, with 596 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,111 $317,055,000 $285,378 $5,079 3.17%
    30+ year 694 $239,910,000 $345,692 $7,669 3.92%
    15 Year 417 $87,185,000 $209,077 $4,117 2.45%
    20 Year 186 $42,110,000 $226,398 $4,487 2.97%
    10 Year 59 $11,365,000 $192,627 $4,172 2.36%
    Other 45 $12,385,000 $275,222 $4,982 3.21%

    For 2021, Agfirst Farm Credit Bank's most frequently cited loan duration was 30 Year, with 1,111 originations. The 2nd most popular length was 30+ year, with 694 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 580 $143,500,000 $247,414
    $1k-2k 456 $88,990,000 $195,154
    $2k-3k 421 $92,615,000 $219,988
    $3k-4k 418 $115,900,000 $277,273
    $5k+ 337 $162,035,000 $480,816
    $4k-5k 300 $106,970,000 $356,567

    Agfirst Farm Credit Bank's average total fees were $5,079, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 580 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,222 $374,440,000 $306,416
    2.5-3% 716 $185,470,000 $259,036
    <2.5% 352 $75,300,000 $213,920
    4-5% 221 $74,685,000 $337,941
    5-6% 1 $115,000 $115,000

    During 2021, Agfirst Farm Credit Bank's average interest rate for loans was 3.17%, while their most frequently originated rate bucket for loans was 3-4%, with 1,222 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,211 $347,355,000 $286,833 $5,723 3.31%
    $100k-200k 668 $102,250,000 $153,069 $3,961 2.99%
    $400k-600k 443 $212,345,000 $479,334 $7,864 3.47%
    $100,000 or less 146 $11,590,000 $79,384 $3,284 2.88%
    $600k-1MM 36 $26,500,000 $736,111 $9,463 3.16%
    $1MM+ 8 $9,970,000 $1,246,250 $13,416 3.00%

    2021 saw Agfirst Farm Credit Bank place emphasis on $200k-400k loans with 1,211 originations, totaling $347,355,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 697 $210,115,000 $301,456 $5,748 3.25%
    $75k-100k 559 $145,575,000 $260,420 $5,498 3.27%
    $50k-75k 480 $97,950,000 $204,063 $4,719 3.21%
    $150k-250k 426 $161,150,000 $378,286 $6,494 3.21%
    $50k or less 240 $34,500,000 $143,750 $4,084 3.15%
    $250k+ 110 $60,720,000 $552,000 $8,146 3.12%

    Agfirst Farm Credit Bank lent most frequently to those with incomes in the $100k-150k range, with 697 originations. The second most popular income band? $75k-100k, with 559 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 694 $191,790,000 $276,354 $5,390 3.15%
    30-36% 536 $154,150,000 $287,593 $5,560 3.24%
    <20% 265 $62,265,000 $234,962 $4,835 2.99%
    36% 104 $30,760,000 $295,769 $5,896 3.34%
    40% 100 $29,320,000 $293,200 $5,526 3.34%
    44% 98 $27,280,000 $278,367 $5,746 3.28%
    38% 97 $31,985,000 $329,742 $5,975 3.32%
    41% 91 $27,945,000 $307,088 $5,976 3.32%
    37% 91 $26,585,000 $292,143 $5,894 3.21%
    42% 85 $23,815,000 $280,176 $6,064 3.38%
    43% 84 $24,700,000 $294,048 $5,818 3.36%
    39% 84 $23,230,000 $276,548 $5,348 3.29%
    47% 45 $13,475,000 $299,444 $6,515 3.36%
    49% 37 $10,735,000 $290,135 $5,982 3.33%
    45% 36 $11,350,000 $315,278 $5,942 3.52%
    46% 33 $10,945,000 $331,667 $6,625 3.47%
    48% 31 $9,335,000 $301,129 $6,169 3.46%
    50-60% 1 $345,000 $345,000 $4,678 2.38%

    Agfirst Farm Credit Bank lent most frequently to those with DTI ratios of 20-30%, with 694 originations. The next most common DTI ratio? 30-36%, with 536 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,322 $656,090,000 $282,554 $5,555 3.22%
    Not provided 132 $37,540,000 $284,394 $5,585 3.20%
    Black 36 $10,640,000 $295,556 $6,182 3.44%
    American Indian 13 $3,035,000 $233,462 $5,668 3.58%
    Asian 6 $2,140,000 $356,667 $6,933 3.19%
    Other Asian 2 $320,000 $160,000 $4,533 2.63%
    Guamanian 1 $245,000 $245,000 $5,338 2.13%

    Approval Rates

    Total approvals of all applications
    90.24%

    Agfirst Farm Credit Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.15%

    Agfirst Farm Credit Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,512 $710,010,000 $282,647

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,512 $710,010,000 $282,647

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 162 $28,550,000 $176,235 $3,974 2.78%
    40-60% 501 $123,395,000 $246,297 $4,808 2.92%
    60-80% 1,096 $326,690,000 $298,075 $5,666 3.25%
    80-100% 743 $230,405,000 $310,101 $6,311 3.49%
    Under 20% 10 $970,000 $97,000 $3,555 2.58%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    ASPIRE FINANCIAL INC. Conventional home mortgage Closing on a mortgage 2 100.0%