AmeriSave Mortgage summary
- Apply and submit forms directly online
- Low rates, low fees
- Get customized rates in 3 minutes with no SSN needed
- No loans above $1.5m
- Not licensed in New York State
Customer Service and Support
Excellent Customer Service
Variety of Loan Types
Purchase, refinance, cash-out refinance
Variety of Products
10-30 years; 5/1, 7/1, or 10/1 ARM
Online access to rates
Available in 49 states
AmeriSave is a major lender, with a variety of loan options for purchasing and refinancing. These include conventional, jumbo, fixed, adjustable, and government-backed loans such as FHA, VA, and USDA loans. With each loan, you get a choice between fixed or variable rate and flexible repayment terms of 10, 15, 20, 25, or 30 years. Interest rates are competitive, and AmeriSave offers a range of calculators and tools to help you make an informed borrowing choice.
This lender is great for straightforward applications. If you have all your paperwork in order and know where you’re buying/refinancing, then AmeriSave can help you get this done quickly.
Types of Loans/Products
AmeriSave offers a selection of loans for purchase and refinance. While they are mostly focused on purchase and refinance loans, it does offer all the most common types of home loans.
Here’s the full breakdown of purchase options:
- Conforming loans
- Jumbo loan, with loan amounts as high as $1.5 million
- FHA, VA, and USDA loans, according to the usual rules
And here are the refinance options:
- Conventional rate-and-term refinance
- Cash-out refinance
The Application Process
Rates and Terms
With AmeriSave you get to choose between five different repayment terms: 10, 15, 20, 25, or 30 years. You can take a fixed-rate mortgage or an ARM with 5/1, 7/1, or 10/1 options.
Help & Support
To get in touch with AmeriSave, simply call or start a live chat online with a licensed loan originator. The company’s call centers are available toll-free Monday through Friday between 8:00 am and 8:00 pm ET. The company can handle the whole application and approval process by phone, and many customers do prefer this option. The support staff are well trained and able to answer our questions promptly and effectively. However, email responses can take between one and two business days. Customers can also find answers directly on AmeriSave’s website, which features an informative FAQ section.
Thanks to a fully in-house process and a variety of loan options, AmeriSave is a good choice for customers seeking a mortgage. The company offers both traditional mortgages and several government-backed loan options. More importantly, its variety of loan repayment terms give borrowers the flexibility to find the right choice for their impending home purchase or home refinance. A straightforward application process also helps customers close on their homes more quickly.
Does AmeriSave offer local expertise? According to AmeriSave, it employs 2500+ mortgage professionals around the country. It has a presence in every state except New York, where it isn’t licensed to do business.
Does AmeriSave really not charge loan origination fees? Correct. Note that it does charge other common closing fees, including those mandated by law for government-backed loans.
AmeriSave Mortgage Corporation
3525 Piedmont Rd NE
8 Piedmont Center, Suite 600
Atlanta, GA 30305