AmeriSave Mortgage Review
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28 Customer Comments & Reviews - see all comments
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AmeriSave Mortgage Corporation is an Atlanta-based retail mortgage lender offering fixed and adjustable-rate loan products including purchase and refinance loans, VA, FHA, USDA, and non-conforming loans. The company, which has over 17 years of industry experience and holds an A+ rating with the BBB, provides exclusively in-house services, from processing and underwriting to closing and funding.
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28 Customer Comments & Reviews
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Amerisave was not as helpful as i thought it would be, they damaged my credit score with the hard pulls in order to refinance my mortgage. I sent all my docs to my loan officer, and processor called me and asking me for same docs that I already sent. And they've already sent me an estimated closing date on via email when my loan hasn't even been approved. You might be able to get a lowest interest rate but the company itself is a joke. I stopped working with them but my credit score had dipped. After a few months my credit got back in good shape with the assistance of Creditmason Repairs, they got my score up by a 100points and cleaned up my credit report. I eventually had to make use of... Read More
Do NOT do business with this company. They ask for the same documents over and over and if it doesn't fit their little box, they keep asking. What a nightmare! I had to shut it down and lost not only time and money (they ask for money up front) and of course the hard inquiry hurts your credit rating. Closing costs are high too. They are a nightmare to deal with. Run, and run fast.
Only use this company as a last resort. They ask for the same things over and over. With a closing date set they change requirements with less than 48 hours leaving the buyer with nothing. This is not a professional way to do business. They will cause me to lose my purchase. Bad business. I wish I could give negative stars. Took my application money and ran me around for almost two months.
Amerisave agent told me it will cost you : On March 12, 2021 Loan Estimate Final Loan Amount $463,000.00 $459,000.00 Total Closing Costs (J) -$14,251.00 -$7,307.59 Total Payoffs and Payments (K) -$456,893.00 -$454,939.36 Cash to Close $8,144.00 $3,246.95 and on April 2021 disclosure: Closing Costs $20,222.08 Includes $19,423.24 in Loan Costs + $798.84 in Other... Read More
Horrible, run! They lie and ghost you. Don’t fall for them. Their quote change at the end of 2 months!
Bait and switch outfit. Bunch of crooks who promise rates and fees but make you wait for months and last minutes they change the rate and fees dramatically.
Applied in late January and still trying to get to closing. Horrible response. Endless requests for documents already provided and last minute changes that increase closing costs over $3,000. Excuses make little sense and from the other comments, it looks like this is a purposeful pattern. They wanted $500 to apply. I would avoid this company. Very frustration to deal with! It is now mid March and I hope to get my "Application Fee of $500 back and find a better company to work with.
DO NOT DO BUSINESS WITH THIS COMPANY!
Ameriserve promised a rate with all cost on a stament provided by them. Thier underwriters were extreamy inexperienced and delayed the process. After getting managers involved to get past underwriting they told me that they failed to lock the rate they promised and now the terms to close the loan will coast me an addition $1,000. I offered to split the difference since the delay and failure to lock were all ameriserve failures. They did not split the difference and today a manager called and asked to move forward with the closing with my costs now exceeding an additional $4,000. I have credit over 800 and more than enough income for the loan. THis company is not trustworthy and I am... Read More
Amerisave has competitive offerings and good online tools/document management but do not choose if you have any complexities in your refinance. Its been 3 months and not only have rates changed dramatically the updated disclosures were clearly misleading/wrong and our closing completely fell through because deed details were messed up , deed details not shared until closing meeting and only a notary was scheduled to deal with closing. Qualifying self employment earnings, moving deeds in and out of Family trusts, dealing with California property. Loan originator was professional and tried to help - loan processor was mistake prone and misogynistic.
I would definitely not recommend this company look elsewhere. 3 and a 1/2 months and still no closing date and they will not get back with you.