Loan Programs

AmeriFirst Financial, Inc. has a product to fit almost every borrower’s needs. Purchase or Refinance we are here to help!


  • Loan limits vary by county and state, but a conventional loan is a great option for first time home buyers, second homes, and investors
  • Minimum down payments of 3% for first time home buyers primary residence
  • Minimum FICO score for using the program of 620
  • For loans with less than 20% down private mortgage insurance is required if not using an Lender Paid Mortgage Insurance (LPMI) product


  • Commonly referred to as a “First Time Home Buyers” program FHA simply offers a low down payment and FICO combination that is available for all home buyers whether it’s their first time or not.
  • Minimum down payment for FHA loans is 3.5%
  • Minimum FICO score is 580 for purchase transactions
  • FHA Streamline refinace options (minimized paperwork)
  • Mortgage insurance premium is through HUD, and permanently attached to loan until paid off


  • For members of our Military that have their Eligibility for a VA loan they can enjoy at true zero down payment loan, with no monthly mortgage insurance.
  • Depending on exact status there is a funding fee that gets added to the final loan amount. If exempt then no funding fee is required
  • Minimum FICO score is 580 for purchase transactions
  • Minimum FICO score of 600 for 100% cash out refinance transactions
  • VA Interest Rate Reductions Loans (minimized paperwork)

USDA (Rural Housing)

  • Home ownership program for those buying in less populated areas (Address Specific)
  • 100% financing with a 620 FICO

Down Payment Assistance Programs

  • There are multiple programs that are available in most areas that work alongside the programs above to help borrowers with part or all of their down payment.
  • Programs such as the AFI Home Advantage, AFI 100, HFA Preferred Home Plus, IDA Home in 5, and more…. Please call us for details on what will work best for you.