Is AFI Financial Purchase Mortgage the right fit for you?
Last Updated: 04/18/2025
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Highlights
Credit Score Range
N/A
Amount Range
Up to $3,500,000
Loan Term (Years)
N/A
AFI Financial Purchase Mortgage Review
AFI Financial Purchase Mortgage is offered by AFI Financial (NMLS #2431), a direct lender founded in 1997 and based in Boca Raton, FL. AFI Financial are available in 3 states.
Key Takeaways
- Wide selection of mortgage programs offered. AFI Financial Purchase Mortgage offers FHA, FHA 203k, HomePath, USDA, VA, conforming, and conventional mortgages.
- Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
- Standard interest rates types.
- Primary and secondary homes considered. Investment homes, such as rental properties, do not qualify for financing. However, AFI Financial Purchase Mortgage does offer financing for primary and secondary homes (e.g. vacation properties).
- Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
AFI Financial Purchase Mortgage Pros & Cons
| Pros | Cons |
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AFI Financial FAQ
How much can you borrow via AFI Financial?
AFI Financial allows borrowers to apply for loan amounts of up to $3,500,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
What mortgage rates does AFI Financial offer?
Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.
Do they charge mortgage origination fees?
Yes, AFI Financial may charge a loan origination fee .
What mortgage programs are available?
Besides conventional mortgages, AFI Financial offers the following mortgage types:
- FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- FHA 203k: An FHA mortgage you can also use to finance home improvements.
- HomePath: Financing for the purchase and improvement of properties owned by Fannie Mae.
What property usage types does AFI Financial allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. AFI Financial allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
What is the customer service phone number?
The customer service number for AFI Financial Purchase Mortgage is (877) 234-6220.
What is the support contact email?
The support contact email for is john@afifinancial.com.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Other Services by AFI Financial
Mortgage Refinance
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Availability
Available in 3 states.
- Florida
- Michigan
- Texas
SuperMoney Net Recommendation Score
Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.
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AFI Financial Purchase Mortgage Community Reviews
Would you recommend AFI Financial Purchase Mortgage to your friends?
Ilker F.
Sep 27, 2019
Would not Recommend
They are definitely the worst company ever. They do not know how to handle things and they are very lack of information related to home refinancing and purchasing. They choose the wrong appraisal which made you demoralized. Those are unprofessional. They also make comment even though they do know nothing. It was obvious that they took my 525 for no reason and it was proven twice that they were wrong. ...Show More
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