NMLS# 1168

AmeriSave Mortgage Corporation

Lender Summary

AmeriSave Mortgage Corporation has been at the forefront of digital mortgages since 2002. By providing diverse loan products, low rates and authentic, transparent communication, borrowers can count on AmeriSave for all of their home financing needs. Read the reviews and see for yourself why AmeriSave is one of LendingTree’s “Top 10” rated lenders!

What they're saying

Ratings & Reviews
9536 Reviews
  • Interest Rates
    Excellent
  • Fees & Closing Costs
    Excellent
  • Responsiveness
    Excellent
  • Customer Service
    Excellent

Review Breakdown

Showing 1 star reviews | Show all reviews

Communication of any sort would have been nice. Loan processor and organizer barely made it to closing despite we warning we were falling behind. Lack of answers to simple questions.

Do not pay the Amerisave upfront fee of $500.

Amerisave charges $500 upfront and its non-refundable. This was a big red flag, but with the positive reviews, I thought I'd give the a try for a home refinance try. Unfortunately, my experience was like many of the bad reviews Amerisave receives here, at other review sites and even at the Better Business Bureau (research it....). Just like so many others, it was all responsive and positive until I paid the $500 fee to start the loan process. They would not immediately lock in a rate (red flag #2) but said that's just "the way they do things" and would lock me in within 1-2 weeks. Even the loan officer said he did not like that practice (red flag #3). I gave them all the documentation they requested and completed all their forms within 24 hours. I expressed several times that I would like to lock the rate ASAP. 2 weeks came and went and zero progress on the loan. No lock, no underwriter assigned and only few pasted in partial screen shots showing me "things were moving". No documents ever sent confirming a title company or anything, just screen shots of dates and line items on some spreadsheet he had. What company does that? 4 weeks later and the excuses start. The title company is going slow, or some other 3rd party is holding things up, or another excuse. 6 weeks later and still not even a rate lock. There were no credit issues, no paperwork issues, even the rate was matched by others so there should have been no issues. 8 weeks, 9 weeks pass and still nothing but excuses. Loan officer even stated that no one was getting a loan through in under 2 months. That was not true. I advise you to stay completely away from Amerisave and what certainly seems like very skeptical practices. Do not pay an upfront fee. Especially if they won't even lock in a rate. Luckily a week into the process I got very suspicious about this behavior and I started a second refinance with a different company. That loan was the exact same rate and overall fees. That loan was completed in 40 days, a very typical turnaround and proved there were no real. At that time, Amerisave still had not even locked in a rate and was now asking for additional pay stubs since the previous had "expired".....(and pretty much shows they had not even done anything on the loan) . I gave Amerisave a chance unfortunately and lost the $500 deposit and several weeks of frustration. Hopefully anyone reading this will not. Again, check Better Business Bureau, don't just take my word for it.

  • Loan Type:

    Refinance
  • Review Type:

    Lender Review

It have been a terrible experience

After I applied I sent a couple email's no response only automatized emails asking for my documents
to complete my application. I needed more information on my preapproved loan.

  • Loan Type:

    Refinance
  • Review Type:

    Lender Review

Certified loan officers from this lender

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AmeriSave Mortgage Corporation

Customer Satisfaction rating is based directly on customer ratings and reviews. Customers rate lenders on their customer service, interest rates, fees and closing cost and overall experience.

LendingTree Certification:

The LendingTree Certification Program recognizes Lenders and Loan Officers with outstanding performance on the LendingTree Network, they are committed to providing exceptional customer service and are graduates of LendingTree University.

LendingTree Certification:

  • Certified Lender
    Certified Lenders have demonstrated their organizational commitment to employee development, at least 50% of their loan professionals have been certified while also providing exemplary service to LendingTree consumers.

Loan Officer Certifications:

  • Gold Leaf
    Gold Leaf is the cornerstone of the loan officer certification program and is designed to recognize loan officers committed to their own professional development while adhering to LendingTree best practices. Gold Leaf recipients know the fundamentals of LendingTree and online lending, they are equipped with the necessary skills to be best-in-class loan professionals.
  • Certified President's Club
    President’s Club is presented to an elite group of loan officers based on success levels in several areas including adherence to LendingTree best practices, commitment to professional development and dedication to customer excellence. Recipients have also met all Gold Leaf criteria.

AmeriSave Mortgage Corporation

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