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Interfirst is an online mortgage lender that offers both direct-to-consumer and wholesale loans. The company’s direct-to-consumer loans include conventional and jumbo mortgages as well as mortgage refinances. Unlike other lenders, Interfirst does not offer government-backed FHA, VA, or USDA loans, and all mortgages require at least a 15% down payment. You can choose from fixed-rate or adjustable-rate repayment options with terms ranging from 10-30 years.
Interfirst is suitable for individuals who want to apply for a mortgage online. The platform offers an online pre-application that takes several minutes to fill out, but you can be pre-approved for a mortgage or refinance and see your rate at the end of the process. If you want to move ahead with your loan, you can choose to complete your application online or speak with a loan officer.
Interfirst offers both conventional and jumbo loans starting from $100,000, so it is suitable for purchasing in high-cost areas. However, the company is currently only licensed in 18 states: Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Louisiana, Michigan, Minnesota, Mississippi, New Mexico, Ohio, Oregon, Texas, Utah, Virginia, West Virginia, and Wisconsin.
Notably, Interfirst loans can be used for investment properties. This lender is suitable for buyers who already own a home or are interested in buying a home for investment income rather than making it their primary residence.
Interfirst requires a 15% down payment for all mortgages and doesn’t offer FHA, VA, or USDA loans. It also requires a minimum credit score of 620. It’s not suitable for individuals with poor credit or for first-time homebuyers who want to make a down payment of less than 15%.
Interfirst offers conventional and jumbo mortgages and refinances. You can choose a repayment term from 10-30 years and choose between a fixed or adjustable rate. Interfirst doesn’t offer points, so the cost of your loan is visible upfront. You must go through the pre-application process to see current mortgage rates.
You can apply for a mortgage with Interfirst entirely online, although the company also has loan officers available by phone to walk you through the application process.
To start, you will need to fill out the pre-application form. This requires information about your income, employment, assets and debts, and any existing real estate you own. It takes several minutes to complete, and Interfirst will run a hard credit check at the end. Once the pre-application is complete, you will be pre-approved for a loan and can see your rate offer.
If you want to proceed with Interfirst’s offer, you can upload required documents, including pay stubs and bank statements, through the online portal.
Interfirst offers loans with repayment periods of 10, 15, 20, 25, or 30 years. You must apply to get current rates.
Interfirst offers customer support by phone and email from 9am-5pm CT Monday-Friday. The company doesn’t offer many resources on its website for prospective borrowers.
Here’s how Interfirst stacks up against competing mortgage lenders.
| Interfirst | AmeriSave | Lower.com | |
| Minimum Credit Score | 620 | 600 | 620 |
| Minimum Down Payment | 15% | 3.5% | 3.5% |
| DTI Ratio | 45% or less | 45% or less | 43% or less |
| 30-year Fixed-rate APR | Must apply | 4.229% | 3.979% |
| Best for | Fast online application | Wide range of mortgage options | Lowest rates |
Interfirst offers conventional and jumbo mortgages and mortgage refinance loans with 10-30 year terms. Unlike other lenders, Interfirst doesn’t offer government-backed FHA, VA, or USDA loans, and you must make a down payment of at least 15%. Interfirst offers a fully online application process. You must go through the online pre-application, including a credit check, to see current rates.
Interfirst offers mortgages in Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Louisiana, Michigan, Minnesota, Mississippi, New Mexico, Ohio, Oregon, Texas, Utah, Virginia, West Virginia, Wisconsin, and Washington, D.C.
Interfirst does service mortgages, but your loan may also be sold to another mortgage servicer. A transfer of your mortgage does not impact the terms of your loan.
Interfirst’s mortgage servicing branch will get in touch after your loan closes to create an online account for you. You can pay your mortgage online.
Interfirst is accredited with the Better Business Bureau and has an A rating.
This review was created using information from the Interfirst website, Trustpilot, and the Better Business Bureau.
