Interfirst Mortgage Review 2021 – The Simple Dollar

SCORE: 4.4

By Zach Wichter

Interfirst Mortgage Review 2021 | The Simple Dollar


4.3 / 5.0

SimpleScore Interfirst Mortgage Company 4.3


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 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.

Breakdown of Interfirst review score

  • Affordability: 14.75/15
  • Availability: 14/15
  • Borrower experience: 10/10

Pros and cons

  • Online application process
  • Speedy preapproval
  • No points or hidden fees
  • Not available in Nevada or New York
  • Doesn’t offer government-insured loans like FHA, VA or USDA loans
  • Requires a higher credit score to qualify
  • Does not consider alternatives to traditional credit scores, like rent payment history

Good for 

Borrowers looking for a totally online process with a quick preapproval


Interfirst Mortgage Company has been accredited with the Better Business Bureau since May 2020 and has an A+ rating.

Refinancing with Interfirst

You have the option to refinance with Homefinity, but similar to applying for a 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.

Review methodology 

To determine a mortgage lender’s SimpleScore, The Simple Dollar’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. The Simple Dollar’s partners compensate us, but our opinions are our own, and partner relationships do not influence our reviews. Here is our full methodology.

Click here to read the rest of Interfirst’s consumer reviews.

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