# First South Farm Credit, ACA

> **Canonical URL:** https://saferate.com/lenders/first-south-farm-credit-aca


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


First South Farm Credit, ACA is a independent mortgage company, headquartered in Ridgeland, MS, serving borrowers across 3 states, with 47 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 90% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 61% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300W76QLF060CER73
- **Headquarters:** Ridgeland, MS
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** AL, LA, MS
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 10/100
- Rating: ●○○○○ (1/5)

### Pull Through: Acceptable 🙂
- Score: 39/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +1.442%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,192
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 47
- **Dollar Volume:** $13 million
- **Applications Received:** 68
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $279,043
- **Average Borrower Income:** $318,234
- **Average Property Value:** $601,170

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 22/100 | 44 | +1.454% | $1,201 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Refinance: 34 loans, Score: 43/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 16/100 | 10 | $2M | +1.583% | Mediocre 😐 |
| Refinance | 40/100 | 37 | $11M | +1.402% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| AL | 40 | 0.07% | 64/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 17 | 37/100 |

## Frequently Asked Questions

### What loan types does First South Farm Credit, ACA offer?

First South Farm Credit, ACA offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First South Farm Credit, ACA offer mortgages?

First South Farm Credit, ACA offers mortgages in 3 states: AL, LA, MS.

### How competitive are First South Farm Credit, ACA's mortgage rates?

First South Farm Credit, ACA has a pricing score of 10/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 1.442% above market average.

### What type of lender is First South Farm Credit, ACA?

First South Farm Credit, ACA is a non-depository lender that specializes in mortgage origination, headquartered in Ridgeland, MS.

### What is First South Farm Credit, ACA's loan approval success rate?

First South Farm Credit, ACA has a pull-through score of 39/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/first-south-farm-credit-aca

### How to Cite

> "First South Farm Credit, ACA Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-south-farm-credit-aca

---

**[View Interactive Profile →](https://saferate.com/lenders/first-south-farm-credit-aca)**