Optimum First Mortgage Reviews

Although Optimum First Mortgage touts its competitive rates for loans, the company does not publish its current rates on its website. For the most accurate rates based on your individual situation, contact Optimum First Mortgage or get prequalified on its website.

Mortgage rates vary based on your credit history, the type of loan, the loan amount, your down payment and the loan term. For reference, the national average 30-year fixed-rate mortgage is 6.11% as of March 2026, according to the Federal Reserve Bank of St. Louis.

Optimum First Mortgage offers a variety of mortgage products, including:

• Conventional loans
• FHA loans
• VA loans
• Jumbo loans
• Nonqualified mortgage loans
• Home refinance loans

Optimum First Mortgage loan maximum

The maximum loan you can get with Optimum First Mortgage depends on the type of loan you apply for and your financial qualifications.

In most of the country, conforming loan limits in 2026 are $832,750 for single-unit properties. In Alaska, Hawaii, Guam and the U.S. Virgin Islands, the limit is $1,873,675. Limits in high-cost counties in the other states and territories can be above $832,750 but are never higher than $1,249,125.

Below are the basic requirements borrowers must meet to take out a loan with Optimum First Mortgage.

Optimum First Mortgage minimum credit score

Optimum First Mortgage does not publish its minimum credit score requirements, but most lenders expect a score of at least 620. Buyers can qualify for FHA loans with a score of 500 or above.

Even if you can’t meet these credit score requirements, you might be able to apply for a nonqualified mortgage through another lender. Note that this will likely result in a higher interest rate.

Optimum First Mortgage minimum down payment

The minimum down payment for Optimum First Mortgage depends on the loan type:

• 5% for a conventional loan
• 3.50% for a FHA loan
• 0% for a VA loan
• 10% for a jumbo loan

Conventional loans typically require a higher credit score and down payment than you need for a government-backed mortgage, but individual cases may differ.

Optimum First Mortgage maximum debt-to-income ratio

Optimum First Mortgage does not publish its maximum DTI ratio, but most lenders issue conventional loans to those with a DTI ratio below 36%. Some mortgage lenders and loan types allow for a DTI ratio of up to 45%. Some FHA-insured loans may even allow for a DTI ratio of up to 50%.

Optimum First Mortgage’s application can be completed online or by phone. If you live near one of the company’s three physical branches, you may be able to apply in person. Be prepared to provide information about your income and assets so that Optimum First Mortgage can determine how much you can borrow.

Optimum First Mortgage application features

» LEARN: How to get a mortgage

Optimum First Mortgage does not disclose its origination fees or the closing costs you’ll pay on top of your down payment. Contact the company for more information about these costs.

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