AgFirst Farm Credit Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
41st12.0% deniedPricingmedian rate spread over APOR, weight 30%
45th0.31 ptsProcesswithdrawn + incomplete share, weight 15%
70th7.6%Closing coststotal loan costs ÷ loan amount, weight 10%
39th2.20% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,268 | 1,097 | 9.1% | 9.4% | 7.38% | $397M |
| 2024 | 1,300 | 1,124 | 8.3% | 8.7% | 7.50% | $441M |
| 2025 | 396 | 321 | 11.1% | 12.0% | 6.50% | $108M |
What AgFirst Farm Credit Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 52 manufactured homes, 2 investment properties.
Why AgFirst Farm Credit Bank denies applications
Primary reason reported for each of the 44 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at AgFirst Farm Credit Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 29 | 22 | 24.1% |
| $50k – $100k | 123 | 102 | 11.2% |
| $100k – $150k | 115 | 93 | 9.7% |
| $150k – $250k | 93 | 82 | 5.8% |
| Over $250k | 34 | 22 | 24.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 24 | 19 | 9.1% |
| 25–34 | 103 | 87 | 10.3% |
| 35–44 | 101 | 79 | 12.2% |
| 45–54 | 78 | 63 | 13.7% |
| 55–64 | 60 | 47 | 14.6% |
| 65–74 | 26 | 23 | 11.5% |
Where AgFirst Farm Credit Bank lends
11 states and 183 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| North Carolina | 132 | 109 | 10.6% | 6.50% | #284 |
| Georgia | 85 | 68 | 12.9% | 6.38% | #359 |
| South Carolina | 83 | 64 | 14.5% | 6.50% | #277 |
| Florida | 39 | 34 | 7.7% | 7.00% | #640 |
| Kentucky | 22 | 18 | 13.6% | 6.44% | #344 |
| Virginia | 19 | 15 | 5.3% | 6.88% | #496 |
| Texas | 11 | 8 | 0.0% | 6.63% | #950 |
Frequently asked questions
AgFirst Farm Credit Bank denied 12.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 41st percentile of small mortgage lenders.
The most common reason AgFirst Farm Credit Bank gave in 2025 was "debt-to-income ratio", cited on 59.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans AgFirst Farm Credit Bank originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.31 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 58% of its applications were for home purchases, 29% for refinancing (including cash-out), and 13% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.