Is AmeriSave Home Purchase the right fit for you?
Last Updated: 04/21/2026
AmeriSave Home Purchase
Claimed
Last Updated: 04/21/2026
SuperMoney User Recommendation Score +63
Strongly recommended30 total votes
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Highlights
Community Rating
Strongly recommended
Credit Score Range
Starting at 620
Amount Range
$60,000 - $2,500,000
No Origination Fee
Loan Term (Years)
3 - 30
Number of Reviews
AmeriSave Home Purchase Review
AmeriSave Home Purchase is offered by Amerisave Mortgage Corporation (NMLS #1168), a direct lender founded in 2002 and based in Sandy Springs, GA. Amerisave Mortgage are available in 49 states and Washington, DC.
Key Takeaways
- Lock & Shop rates. AmeriSave offers a 90-day certified Lock & Shop interest rate that protects you from rate hikes while you’re shopping for a house. The locked rate does not require a signed purchase contract and is not subject to 30-year conventional loan restrictions, which gives you more flexibility.
- Certified Approval Letter. AmerSave issues a Certified Approval Letter within hours after you’re approved so you can begin shopping for a home. The Certified Approval Letter verifies that your income and credit history meet the loan underwriting standards, which shows the seller you’re able to follow through on the home purchase.
- Wide selection of mortgage programs offered. AmeriSave Home Purchase offers FHA, USDA, VA, jumbo, conforming, and conventional mortgages.
- Financing for single-family and multi-family properties. However, Amerisave Mortgage Corporation does not offer financing for manufactured homes.
- Refinancing for large mortgages. You can refinance mortgages with balances of up to $2,500,000 with AmeriSave Home Purchase.
- Non-standard interest rates available. AmeriSave Home Purchase offers adjustable-rate mortgages, hybrid mortgages, and fixed-rate mortgages.
- Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
- No origination fees. AmeriSave Home Purchase does not charge fees for processing your application.
- Cosigner and coborrower applications accepted. A cosigner or coborrower can help you qualify for better rates and terms when applying for AmeriSave Home Purchase.
- Fair credit accepted. Borrowers with a credit score as low as 620 may qualify for AmeriSave Home Purchase.
AmeriSave Home Purchase Pros & Cons
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Amerisave Mortgage FAQ
How much can you borrow via Amerisave Mortgage Corporation?
Amerisave Mortgage allows borrowers to apply for loan amounts of up to $2,500,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
What is the maximum loan term you can get with Amerisave Mortgage?
Amerisave Mortgage offers mortgages with terms ranging from 3 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What mortgage rates does Amerisave Mortgage Corporation offer?
Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.
Do they charge mortgage origination fees?
No, Amerisave Mortgage does not charge a mortgage origination fee.
Some lenders charge an origination fee for processing, underwriting, and funding a mortgage. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Does Amerisave Mortgage charge prepayment fees?
No, Amerisave Mortgage does not charge prepayment fees. This means you will not have to pay additional fees if you decide to repay the mortgage early.
What mortgage programs are available?
Besides conventional mortgages, Amerisave Mortgage offers the following mortgage types:
- FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- Jumbo loans: Any mortgage with a loan amount above the conforming loan limits set by the Federal Housing Finance Agency.
- USDA loans: A zero down payment mortgage loan with low mortgage rates for suburban and rural homebuyers. The USDA doesn't require a minimum credit score, but most mortgage lenders require a minimum credit score of 640.
- VA loans: A zero down payment mortgage or a refinance of up to 100% of the home's value for American military members, veterans, and their spouses. VA loans offer competitive mortgage rates, and don't have a minimum credit score. However, the mortgage lenders that offer them will typically require a credit score of at least 640.
What property usage types does Amerisave Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Amerisave Mortgage allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
- Investment properties and house flipping projects
What is the customer service phone number?
The customer service number for AmeriSave Home Purchase is (866) 970-7283.
What is the support contact email?
The support contact email for is customerservice@amerisave.com.
How do people rate the customer service and user experience?
Overall, this business is strongly recommended based on community reviews that rate customer service and user experience.
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Contact
Headquarters
Hours of Operation
Sunday
8:00AM - 9:00PM
Monday
8:00AM - 9:00PM
Tuesday
8:00AM - 9:00PM
Wednesday
8:00AM - 9:00PM
Thursday
8:00AM - 9:00PM
Friday
8:00AM - 9:00PM
Saturday
8:00AM - 9:00PM
Other Services by Amerisave Mortgage Corporation
Mortgage Refinance
41
43 Reviews
SuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +63, or 4.3 on a 5-point rating scale.
+63
-1000+100
No one recommends
Everyone recommends
AmeriSave Home Purchase Community Reviews
Would you recommend AmeriSave Home Purchase to your friends?
SS
Sarah S.
May 6, 2025
May or may not recommend
I would recommend this lender as they got me a quicker payoff
U
Anonymous
Jan 7, 2023
May or may not recommend
The only thing I can think of is that it’s awesome
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
AmeriSave has a Reviews rating of 4.1 based on over 3,500 customer reviews. The majority of folks praised the organisation for its honesty, great customer service, and fair rates. My family member utilises this service, and they have nothing but good things to say about it. She has been utilising them for three years and believes that they provide the greatest services available. AmeriSave offers excellent FHA rates with no ...Show More
JA
Junaid A.
Nov 17, 2022
May or may not recommend
AmeriSave has a Reviews rating of 4.1 based on over 3,500 customer reviews. The majority of folks praised the organisation for its honesty, great customer service, and fair rates. My family member utilises this service, and they have nothing but good things to say about it. She has been utilising them for three years and believes that they provide the greatest services available. AmeriSave offers excellent FHA rates with no ...Show More
AH
Alissa H.
Nov 14, 2022
May or may not recommend
I am a mobile home owner who is looking into taking it a step further and live somewhere with a much larger yard. I love how they consider people with low credit. My credit has dropped significantly due to unfortunate circumstances so that is important to me. I noticed it said it was free to apply but then i scroll lower and it says $500 application fee... (?)
MM
Maheen M.
Jul 25, 2022
May or may not recommend
100% Reliable!!
I really love the services, great customer service,
Very responsive, professional, easy, secure and convenient.
I am very happy with Amrisave mortgage,
I would highly recommend Amrisave mortgage!!
MA
Muhammad A.
Jul 23, 2022
May or may not recommend
Still really happy with Amerisave mortgage. We live easy with loan we got. They ensure you have a life and a mortgage. i strongly recommended for loan.
CC
Celestina C.
Jul 22, 2022
May or may not recommend
Based on the reviews and the details, we will check this one and give it a try soon.
Regina L.
Jun 18, 2022
May or may not recommend
I would like to see what I'm able to get with bad credit
Elisa H.
May 21, 2022
May or may not recommend
Highly recommended, I Love the honesty of AmeriSave, They are friendly and valuable.
SS
Sumaiyah S.
Mar 10, 2022
May or may not recommend
The things I really love about the service AmeriSave has provided to date are the timeliness of the refinancing process and the skill of the personnel they are amazing. They handle things both very professional and personable. They kept me abreast of my refinancing progress and were very responsive to questions. Additionally, what I think I like the best about my experience with AmeriSafe is the easiness of the process. ...Show More
SG
Santos G.
Jan 4, 2022
May or may not recommend
I used AmeriSave to refinance my rental property and they were awesome at walking me through the whole process. From checking my credit score and assessing the value of the property they were very transparent and even did extra work to help me out. To final closing costs and disclosing the timeframe that I would receive the cashout funds. They did an awesome job!
ET
El T.
Aug 25, 2021
May or may not recommend
Highly Recommend!! I have been a member since 2020 and wouldn't change it for nothing!
WM
William M.
Jul 23, 2021
May or may not recommend
I used AmeriSave to finance a loan on one of my rental properties and had a great experience. The service was good, it just took a couple of minutes to get a rate and they didn’t do a hard credit pull. I’m also a big fan of them not charging me a prepayment fee or a origination fee.
TJ
Travis J.
Jul 23, 2021
May or may not recommend
Still really happy with Amerisave mortgage. We live easy with loan we got. They ensure you have a life and a mortgage.
MB
Michael B.
Jul 15, 2021
May or may not recommend
My Aunt came across some unfortunate times financially and she spent a lot of time on the telephone with an AmeriSave Home Purchase consultant with the specific and clear agenda of getting a mobile home. Hours wasted only to find AmeriSave will not finance mobile homes.
FC
Florencia C.
Jul 15, 2021
May or may not recommend
I definitely do not recommend AmeriSave Home Purchase. There were excessive hidden fees, bad costumer service, mortgage/loan issues, and huge errors/mistakes. This bank is absolutely hideous! Beware!
SC
Shoane C.
Jun 28, 2021
May or may not recommend
Out of more than 3,500 customer reviews, AmeriSave also has a rating of 4.1 on Trustpilot. Most customers praised the company for its transparency, excellent customer service, and low rates. I have a family member that uses this service, and they have nothing but good things to say about this company. She has been using them for the last three years now, and she says that they offer her the ...Show More
Oriana F.
Jun 23, 2021
May or may not recommend
Amerisave is a budget friendly option, and could cater to a diverse ray of American families that may need more cost effective options. You can get pre-approved fairly easily from the website. A good choice for a smaller loan to purchase a home with. No prepayment fees are another plus, credit check is less intensive as other companies tend to be. Customer service is decent with an average of 10 ...Show More
SZ
Sophia Z.
Jun 16, 2021
May or may not recommend
Amersave home purchase mortgages seems a bit too good to be true. The representatives could be nicer and they could be more user friendly.
Showing 20 of 30 reviews
