Associated Mortgage Bankers
0% of our customers would recommend this lender.
About Associated Mortgage Bankers
Associated Mortgage Bankers has been providing mortgage services to homebuyers for over 22 years. AMB is a HUD-approved FHA Direct Lender, operating retail lending and reverse mortgage lending. We strive to provide impeccable service to our clients....Read more
Lender ReviewNumberWatcher from Nassau County, NY Confirmed LendingTree Customer
Watch the NumbersOn the plus side, AMB's customer service rep was highly motivated, responsive, and very quickly provided a Good Faith Estimate that I was able to use to negotiate with other lenders. AMB had an independent appraiser contact me very early in the process and I unexpectedly had to provide credit card info to her when she visited. Because everyone's rates started creeping upward and I couldn't find a comparable deal, I did refinance with AMB (which has an office near me, so I closed in person after doing everything else online) despite having to complain about things that they changed when they mailed me the Prevailing Rate Mortgage Loan Commitment. The GFE had $990 for the origination fee; the Commitment showed $3,050 (1% of the loan amount); the rate that they agreed to lock was increased by 0.125% on the Commitment (no lock was ever properly documented; it was just promised). My existing mortgage only included escrow for taxes (not insurance) and the rep said that would be maintained; the Commitment stated otherwise. Although I ultimately prevailed on all three of these issues because I refused to return the Commitment until they corrected it, I was quite annoyed about these unannounced changes. At closing, I was told that the mortgage would be immediately transferred to one of the big commercial banks and indeed it was. So, I can't recommend AMB but the overall experience ended up being okay because I was careful about what I signed... Read More
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