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AmeriSave Mortgage Corporation Review 2025
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At a glance
NMLS: 1168
Editor's take
AmeriSave Mortgage was one of the top 25 mortgage originators in the U.S. in 2023. It’s a popular FHA lender with quicker-than-average closing times, making it a good option for borrowers looking for an FHA loan.
Bankrate Score
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
4.1
Rating: 4.1 stars out of 5
Customer Rating
Star ranking and total number reflects the lifetime customer reviews received while this lender has been an advertiser on Bankrate.
To help serve you with relevant information, the customer reviews shown are limited to only those that this advertiser has received during the past 12 months.
4.1
Loans offered
Conventional, jumbo, FHA, VA, USDA, refinancing and more
Min. credit score required
620 for conventional loans, 700 for jumbo loans, 600 for FHA loans, 600 for VA loans, 640 for USDA loans
Nationwide availability
All U.S. states except New York
Min. down payment
3% for conventional loans, 3.5% for FHA loans, none for VA loans and USDA loans
AmeriSave Mortgage Corporation overview
AmeriSave Mortgage Corporation, an online mortgage lender, has funded more than $130 billion in home loans since its inception more than 20 years ago. It maintains its corporate headquarters in Atlanta and established a Third Party Origination (TPO) division to provide funding for mortgages to community banks, credit unions and mortgage brokers and bankers in 2010.
Pros and cons of AmeriSave Mortgage Corporation
Pros
-
Available in 49 states plus Washington, D.C.
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Fast prequalifications with custom rate quote and no credit pull
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Flat-fee structure
Cons
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No branch locations
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Have to submit personal information to see rates
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Not available in New York
How Bankrate scored AmeriSave Mortgage Corporation
Affordability: 3.4/5
AmeriSave Mortgage Corporation scores 3.4 out of 5 stars for affordability. The lender doesn’t showcase current mortgage rates on its website, so unless you provide your contact info or reach out to a loan officer, it’s tough to figure out costs upfront.
- Interest rates: AmeriSave Mortgage Corporation doesn’t display mortgage rates on its website; you’ll need to fill out a form with your name and phone number and wait for a loan officer to contact you to determine eligibility and receive a quote.
- Down payment: AmeriSave offers the gamut of mortgage types, including 3 percent conventional loans and no-down payment VA and USDA loans.
- Closing costs: AmeriSave Mortgage charges a flat $500 application fee and a $295 underwriting fee. That’s a departure from most lenders, which typically charge an origination equal to 1 percent of the amount you’re borrowing.
Availability: 5/5
AmeriSave Mortgage Corporation scores the full 5 stars for availability. The lender works with qualified borrowers across the U.S. on a wide range of loan products.
- Home loans offered: AmeriSave offers several mortgage types, including conventional, FHA, VA and USDA loans, along with options to refinance your existing mortgage. It also offers HELOCs to eligible homeowners.
- Footprint: AmeriSave Mortgage is available to borrowers in every state except for New York.
- Where to find: You can apply for a mortgage with AmeriSave Mortgage online or by phone.
Borrower experience: 3.8/5
AmeriSave Mortgage Corporation scores 3.8 out of 5 stars for borrower experience. The lender has a robust website with lots of resources for homebuyers, but the lack of rate information might leave a difficult first impression.
- Preapproval and application process: AmeriSave Mortgage Corporation offers a “Ready Buyer” preapproval process to help you move quickly when you find the right home.
- Transparency: AmeriSave Mortgage doesn’t offer current rates or personalized quotes unless you provide your contact information.
- Customer service: You can reach AmeriSave Mortgage’s customer service team at 888-700-4026 Monday through Friday, 8 a.m. to 5 p.m. ET, or via email.
AmeriSave Mortgage Corporation reputation
AmeriSave Mortgage had an A+ rating from the Better Business Bureau and an “Excellent” rating from Trustpilot at the time of this review. However, it ranked below average in J.D. Power’s 2023 mortgage satisfaction survey.
What consumers say about AmeriSave Mortgage Corporation
On Bankrate, borrowers who’ve worked with AmeriSave Mortgage Corporation report that while the lender’s loan officers are “great,” “knowledgeable” and “professional,” the underwriting process needs improvement — several borrowers note that the lender caused their loans to fall through or a restart of the application process.
Lender compare
Compare AmeriSave Mortgage Corporation to other lenders
Mortgage rates and fees can vary widely across lenders. You can use the drop downs to explore beyond these lenders and find the best option for you.
NMLS: 1168
4.1
Rating: 4.1 stars out of 5
Bankrate Score
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Recent Customer Reviews
Star ranking and total number reflects the lifetime customer reviews received while this lender has been an advertiser on Bankrate. To help serve you with relevant information, the customer reviews shown are limited to only those that this advertiser has received during the past 12 months.
4.1
NMLS: 409701
4.9
Rating: 4.9 stars out of 5
Bankrate Score
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Recent Customer Reviews
Star ranking and total number reflects the lifetime customer reviews received while this lender has been an advertiser on Bankrate. To help serve you with relevant information, the customer reviews shown are limited to only those that this advertiser has received during the past 12 months.
5.0
Refinancing with AmeriSave Mortgage Corporation
AmeriSave Mortgage offers both rate-and-term and cash-out refinancing options. Depending on your goals and your current mortgage, you could lower your interest rate, shorten your term to pay off your loan faster and/or turn your home equity into cash.
How to apply for a mortgage with AmeriSave Mortgage Corporation
You can apply for a mortgage with AmeriSave Mortgage online or by phone at 866-514-7283. After you’ve received a quote and been in contact with a loan officer, you’ll need to upload documentation about your income, assets and debts. This includes pay stubs and W-2s and account and loan statements.
Learn more:
How to get a mortgage
AmeriSave Mortgage Corporation customer ratings and reviews
NMLS: 1168
4.1
1,066 ratings
Star ranking and total number reflects the lifetime customer reviews received while this lender has been an advertiser on Bankrate. To help serve you with relevant information, the customer reviews shown below are limited to only those that this advertiser has received during the past 12 months.
This lender has 217 recent reviews.
Knowledge
Level of service
Professionalism
Responsiveness
78% of customers would recommend this lender.
10 of
217 reviews
The consumer reviews posted on Bankrate.com ("Bankrate") are individual, subjective opinions of reviewers, and not of Bankrate. Bankrate does not endorse any of the opinions expressed by reviewers or any responses to reviews.
Bankrate cannot guarantee or verify the accuracy of the opinions shared by individual reviewers, and reserves the right to reject or remove any review, at any time, for any reason at Bankrate’s sole discretion, including but not limited to those that Bankrate deems inappropriate, fraudulent, invalid, irrelevant, or otherwise outside the parameters of the Bankrate Review Guidelines, the Privacy Policy, or the Terms of Use.
In addition to collecting reviews on-site, Bankrate collaborated with third-party Slice MR to survey 750 homeowners nationwide in July 2024. Bankrate and Slice MR collected, averaged and presented responses to nine questions. Users received an incentive for their feedback. Responses are based on individual experiences, and therefore cannot be verified for accuracy. Submissions with user ratings that are materially inconsistent with written sentiment have been removed. User ratings are unedited and have not been reviewed or approved by lenders, nor do these ratings reflect Bankrate’s own reviews of these lenders.
To help serve you with relevant information, the consumer reviews shown below are limited to only those that this advertiser has received during the past 12 months.
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Closed mortgage with this lender?
Closed on time?
Would you recommend this lender?
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Closed mortgage with this lender?
Closed on time?
Would you recommend this lender?
Communication
Strong communication and very prompt.
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Robert
Az (May 16, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Easy access and well informed
Easy access to completing application and representatives make it easy to upload everything needed for approval. Everyone is very friendly and professional. Thanks Amerisave.
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
No
Would you recommend this lender?
No
Rick26156
New Martinsville, WV (May 15, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
No
Would you recommend this lender?
No
Process and people
The process was painless and all the people I have spoken with were extremely knowledgeable and great personalities to make me feel at ease.
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Tanya L.
Cleveland, Ga (May 13, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Scam Company Disabled person
SCAM COMPANY-Hi Amerisave , Its a shame your going to argue with me over $200. I'm a Disabled person who wasn't disclosed on the ridiculous amount to pay back on a $60,000 loan , $205,000. I will start a complaint on BBB , write my reviews on each website I can. There was No service done for me . It's the principle , you can't take advantage of people . Look for your 1 star reviews today . David McNally
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
No
Closed mortgage with this lender?
No
Would you recommend this lender?
No
David M.
New Jersey (May 8, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
No
Closed mortgage with this lender?
No
Would you recommend this lender?
No
Fair
am sill trying to get the loan
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
No
Would you recommend this lender?
Yes
donald
Willoughby (May 8, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
No
Would you recommend this lender?
Yes
Amerisave is thr one stop shop for all mortgage needs
AmeriSave offered me excellent service. The people I worked with was Susan Foster who is a top notch loan officer, was very Knowlegable and knew all her loan products like the back of her hand. She was able to figure out, the best option that benefits me after speaking to her in 5 minutes, and Yes I mean 5 minutes, in comparison to working with other companies that same week. Anyways Going back to Susan she was caring, very respectful and she puts clients needs first, Susan made this process so much easy, and whatever she said, turned out true. My next person I worked with Was Hugh the lead Loan Processor. Hugh kept in touch with me all the way. He is so organized and always 2 steps ahead of the Underwriter. He explained the process to me so easily, and was very honest of the timeline of completing the Loan, in which other companies can't even compare to Hugh's Expertise. On a few days when Hugh was out of the Office, his Colleague Cathy another Lead Loan Processor, she was just as amazing as Hugh, kept in contact with me on a daily basis and very Knowledgable. This team is amazing, I have 30 years of experience with Loans and these guys are amazing. I have never dealt with such amazing people Like Susan, Hugh, and Cathy. They are a biggest Assets to Amerisave and they should all get a raise. And from this point on Amersive is my one stop shop for all my loan needs. Again thanks a million to Kathy, Hugh, and Susan. Hope to work with you again.
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Mohamad M.
Union City, California (May 7, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Amazing
Great experience very easy and fast process. 10/10
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Alfonso
Kissimmee (May 6, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Excellent service
They are very knowledgeable and informative. They are quick to respond to our questions and have walked us through every step. This is our first time refinancing and when we explained what we wanted to do They knew exactly how to help
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Doug
22567 (May 5, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Such a great experience
Everyone was very helpful and knowledgeable of what my goals are and how to get there. When other companies said no, AmeriSave took a chance with me and said yes. I am so grateful for the team I was assigned and they should be recognized. It was Audrey and Joanna . Thank you again.
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Alvin P.
Bonifay Florida (May 1, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Friendly helpful knowledgeable
Great job and quick
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
Terri B.
Ohio (May 1, 2025)
Knowledge
Level of service
Professionalism
Responsiveness
Rates and terms of loan honored?
Yes
Closed mortgage with this lender?
Yes
Closed on time?
Yes
Would you recommend this lender?
Yes
