In 2002, that has since grown in popularity with licensing expanding into 49 states and the D.C. area. has been trusted with over 280,000 homes and promises on its website to "provide low rates, transparent pricing, easy online applications and most importantly great customer service." was founded in Atlanta, Georgia as a dedicated
This promise is reflected through a number of AmeriSaves services that will be talked about in detail throughout this profile. Or, if you want to read what other consumers have said about their experience, then jump straight to . here
*Based on internal survey data from 3/20/16 – 3/20/18
aims to help save time. Normally, the closing process on a house can take about 30 to 45 days. has been able to help nearly 50 percent of its customers close in as little 25 days or less.
is able to cut down on the closing time by streamlining each of the following:
AmeriSave's dedication to quick closing times benefits borrowers who are on a tight deadline. This emphasis is something that is often difficult to find with other mortgage companies.
programs. These programs includes: has a variety of
These are among the most popular in the industry; however other lenders may have a few more options in addition to 's services — such as a .
works within Fannie Mae guidelines to help make down payments possible for low income families and first-time home buyers. This government backed program allows to put down as little as 3 percent of the purchase price of the home to qualify for a .
Not all m lenders are Fannie Mae backed, making a great option for those who may need extra down payment assistance or who are first-time homebuyers. Having a government entity to help back mortgages makes AmeriSave an even more secure options for borrowers.
A great feature on 's website is the ability to get a free estimate for any type of or refinance loan. calculators are available to help you decide quickly if is able to secure you a within your desired budget or not.
This tool does not replace your conversation with one of its representatives. However, it does help you comparison shop and provide transparency that is often lacking from other .
If you are in the heat of the closing costs without a phone call with a representative. comparison shopping process then you may be disappointed to discover that AmeriSaves does not disclose its additional fees online. Fees often vary as the housing market ebbs and flows, making it difficult to disclose things such as
In addition, future can get a pre-approval letter through , but it is unclear if that letter is a free service or requires an . Many lenders offer this as a free service, saving potential a few hundred dollars, but with it is unclear what fees are associated with it.