Interfirst Mortgage Company overview
Interfirst Mortgage Company is an online-only mortgage lender headquartered in Chicago, Illinois. Preapprovals with Interfirst typically take one day, and closings usually happen in 30 to 45 days. Interfirst does not offer discounts to current customers, but it also doesn’t charge points, application fees, lender fees or other hidden fees.
Borrowers looking for a totally online process with a quick preapproval
- Rate-and-term and cash-out refinancing
- Investment property
Interfirst Mortgage Company does not charge application fees, lender fees or points. Closing costs, including taxes and other fees, vary by state.
Interfirst Mortgage Company does not advertise rates on its website. Prospective borrowers must fill out an application to receive a rate quote directly.
Applicants with Interfirst Mortgage Company can (must, actually) apply online, and the lender offers both preapproval and prequalification. Interfirst also offers email-based web support, but the lender does not have an app, so everything must be done on a web browser. Applicants and borrowers can also contact Interfirst by phone. Its website does not have any educational resources like mortgage calculators, but the lender does offer the convenience of e-signature for documents.
Minimum borrower requirements
Interfirst Mortgage Company requires all borrowers to have a minimum credit score of 620 and to put down at least 15 percent (loan-to-value ratio of 85 percent or lower). The minimum loan amount is $100,000.
Refinancing with Interfirst Mortgage Company
Interfirst Mortgage Company offers refinancing options, which also must be applied for online. The lender does not advertise refinance rates directly, but does not charge fees on any of its loan products.
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Breakdown of Interfirst Mortgage Company overall review score
- Affordability: 5/5
- Availability: 5/5
- Borrower experience: 4.3/5
To determine a mortgage lender’s Bankrate Score, Bankrate’s editorial team rates lenders on a scale of one to five stars based on a variety of factors relating to the lender’s products and services. Bankrate’s partners compensate us, but our opinions are our own, and partner relationships do not influence our reviews. Here is our full methodology.