America'S First at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
69th18.4% deniedPricingmedian rate spread over APOR, weight 30%
71st-0.25 ptsProcesswithdrawn + incomplete share, weight 15%
39th14.6%Closing coststotal loan costs ÷ loan amount, weight 10%
4th6.89% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 2,366 | 1,675 | 13.7% | 16.2% | 6.00% | $161M |
| 2024 | 1,804 | 1,191 | 16.2% | 19.5% | 7.25% | $116M |
| 2025 | 2,178 | 1,508 | 15.7% | 18.4% | 5.75% | $167M |
What America'S First 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: 1,865 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 9 investment properties.
Why America'S First denies applications
Primary reason reported for each of the 342 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at America'S First
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 377 | 195 | 36.5% |
| $50k – $100k | 781 | 530 | 19.2% |
| $100k – $150k | 493 | 389 | 11.1% |
| $150k – $250k | 371 | 292 | 9.6% |
| Over $250k | 121 | 89 | 10.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 24 | 20 | 4.8% |
| 25–34 | 224 | 147 | 19.9% |
| 35–44 | 404 | 288 | 19.0% |
| 45–54 | 537 | 380 | 19.3% |
| 55–64 | 490 | 356 | 15.1% |
| 65–74 | 366 | 239 | 18.9% |
| Over 74 | 130 | 76 | 23.8% |
Where America'S First lends
2 states and 40 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Alabama | 2,166 | 1,508 | 15.7% | 5.75% | #25 |
Frequently asked questions
America'S First denied 18.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 69th percentile of home-equity (HELOC) lenders.
The most common reason America'S First gave in 2025 was "other", cited on 34.5% 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 America'S First originated in 2025 was 5.75%, and its median rate spread over the average prime offer rate was -0.25 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 9% of its applications were for home purchases, 12% for refinancing (including cash-out), and 79% 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.