Quick Look at AmeriSave Mortgage
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AmeriSave Mortgage is highly rated by its customers for the fast and easy mortgage acquisition process and excellent customer service.
Founded in 2002, AmeriSave has funded over $84+ billion in home loans as of December 2020. The highly ranked mortgage lender is licensed in 49 states and concentrates on providing low rates through advanced technology and lower overhead costs.
AmeriSave believes that a key component of a positive customer experience is to provide transparent pricing and easy online application; that’s why AmeriSave relies on its fintech to provide a seamless mortgage experience for every customer.
Do Customers Like AmeriSave?
This claim is partly supported by Best Company customer reviews, having received an outstanding 4.4 out of 5 star rating from its customers with over 650 total reviews.
On our trusted customer reviews platform, 72% of all of the company’s reviews are 5-star reviews. Not only does AmeriSave receive positive reviews, but the company is extremely consistent in reaching out to and resolving customer complaints as well.
AmeriSave Mortgage Rates & Fees
The best we can do is provide a rating of average rates in comparison to the industry. So, let’s take a look at AmeriSave’s origination fees and average mortgage rates.
AmeriSave’s origination fee is average compared to the rest of the industry — we’ve given AmeriSave fees a ‘good’ rating in comparison to other mortgage lenders.
As for mortgage rates, AmeriSave ranks pretty highly in comparison to other companies, providing lower than average mortgage rates and earning 4 out of 5 rating from NerdWallet and an ‘excellent’ rating from TopMortgageLenders.com.
AmeriSave Mortgage Requirements
FHA Loan Requirements
Borrowers must also meet the 3.5% minimum down payment, receive an appraisal by a HUD-approved appraiser if needed (no appraisal necessary needed if streamlined), obtain mortgage insurance, and must purchase the home as a primary residence.
Conventional Loan Requirements
Borrowers must also maintain a job throughout the loan application and payment process without making any additional large purchases, like a new car or real estate investment.
AmeriSave Customer Service
Our Recommendation
The 4.4 star rating from previous customers says it all — AmeriSave loan officers and customer service professionals put their entire focus into providing an effective and hassle free mortgage process. Additionally, customers will be hard pressed to find better rates than AmeriSave, which has earned a 4 out of 5 score from NerdWallet and an ‘excellent’ rating from TopMortgageLenders.com concerning mortgage rates.