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Optimum First - Mini review Bestmoney

Optimum First Mortgage
NMLS #240415
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Bestmoney Staff
Dec. 04, 2023
1 min read
BestMoney Staff
Optimum First Mortgage Summary
Optimum First is a US mortgage lender with a stellar reputation. Offering a diverse range of loan products and flexible terms for homebuyers and refinancers. With a minimum credit score requirement that accommodates a wide audience, Optimum First provides a hassle-free path to homeownership.


  • Founded in 2009
  • Diverse loan options
  • Excellent customer service


  • Limited physical branches
  • Not available in all states

Key Figures

  • Loan types: Purchase and Refinance
  • Loan products: Conventional, FHA, VA, Jumbo, USDA
  • Minimum credit score: Varies by product, but as low as 580 for FHA loans
  • Repayment terms: 15 to 30 years

How it Works

Optimum First's process is user-friendly. Start by filling out a quick online form to get pre-approved. Once pre-approved, gather necessary documentation and submit it for a comprehensive review.

Types of Loans

Optimum First caters to diverse needs:

  • Conventional Loans
  • FHA Loans
  • VA Loans: Exclusive to veterans and eligible military personnel, offering favorable terms.
  • Jumbo Loans: For high-value properties exceeding conventional loan limits.
  • USDA Loans: Serving rural areas with low-interest, zero-down payment options.

Rates and Terms

Optimum First provides competitive rates with starting APRs that vary by loan type and market conditions. Repayment terms range from 15 to 30 years.

BestMoney Staff
Written by
Bestmoney Staff
Our editorial staff consists of writers who are knowledgeable about financial services. We specialize in simplifying the process of choosing the right provider for your needs.

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