What does AMERIFIRSTHM mean on my credit report?

Learn about AMERIFIRSTHM, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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What is AMERIFIRSTHM?

AMERIFIRSTHM is shorthand for Amerifirst Financial Corporation, with the company name being Amerifirst Financial Corporation

AMERIFIRSTHM is a Creditor provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Amerifirst Financial Corporation.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

The account is classified under the following METRO2 categories:

  • ⚫ Real estate

How do I contact them?

Here is the current contact details for Amerifirst Financial Corporation:

Address:

  • 950 Trade Centre Way, Suite 400
    Kalamazoo, MI 49002

Website:

Email:

Phone:

Payments

Amerifirst offers many options for making payments, including via an online account, customer care, mailing payments, or using a mobile app. There are no penalties for late or missed payments.

Question Answer
Do they offer a monthly payment plan? No
Can I make payments over the phone? No
Can I make payments online? Yes
Can I make a payment using a mobile app? Yes
Can I make a payment using a prepaid debit card? Yes
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

Amerifirst Home Mortgage does not offer loan forgiveness, consolidation, or a grace period for paying mortgages.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? No

How to Apply

Amerifirst Financial Corporation provides an online application process for buying and financing a home, including prequalifying and preapproval. Their website also provides information about credit scores, down payments, interest rates, monthly payments, mortgages, and more. You can also apply online, send an email to customercare@amerifirst.com, or call 800.466.5626 for more information. A cosigner is required when applying for a loan and provides additional financial support to the primary borrower. You will need to provide certain information when applying and you may need to pay closing costs, a down payment and private mortgage insurance. Interest rates and monthly payments will depend on the loan type.

Question Answer
Can I apply for a loan online? Yes
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? Yes
Can I apply for a loan using a mobile app? Yes
Can I apply for a loan with a cosigner? Yes

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.

AMERIFIRSTHM IdentityIQ Report

Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

How do I remove AMERIFIRSTHM from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.