AmeriSave Mortgage Corporation Review 2026

In business for more than 20 years, AmeriSave Mortgage Corporation has lent more than $130 billion to more than 750,000 customers. In 2024, the lender was number 23 in the nation in terms of market share, according to Home Mortgage Disclosure Act data. It’s headquartered outside of Atlanta and is available only online, with no branch locations.

Pros and cons of AmeriSave Mortgage Corporation

Affordability: 3.4 stars

AmeriSave Mortgage offers several low-down-payment loans and participates with HFA programs. However, it doesn’t share personalized rates on its website, so it’s hard to compare costs upfront. 

• Interest rates: AmeriSave Mortgage doesn’t display personalized mortgage rates on its website; you’ll need to contact the company to receive a quote. The company does advertise sample rates which are significantly below average, but to qualify, you’ll need a 720 credit score and a 40 percent down payment.
• Closing costs: Among other closing costs, AmeriSave charges a $995 underwriting fee and a $500 fee to lock your rate. 

Availability: 5 stars

AmeriSave Mortgage 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 and home equity loans to eligible homeowners. And its required credit scores for some products — including VA loans — are much lower than competitors’.
• Footprint: AmeriSave Mortgage is available to borrowers in every state except for New York, as well as Washington, D.C.
• Where to find: You can apply for a mortgage with AmeriSave Mortgage online or by phone.

Borrower experience: 4.3 stars

AmeriSave lacks branch locations and personalized rate information, but extended customer service hours make it easy to get in touch. 

• Preapproval and application process: AmeriSave Mortgage Corporation offers a Certified Approval program
• Transparency: AmeriSave Mortgage doesn’t offer personalized rate 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 9 p.m. ET, or on weekends from 10 a.m. to 6 p.m. ET. You can also get in touch through email and chat. 

AmeriSave Mortgage is accredited by the Better Business Bureau, with an A+ rating at the time of this review. It also has an “Excellent” rating from Trustpilot, and it ranked fifth among all lenders in J.D. Power’s 2024 mortgage origination satisfaction survey.

What Bankrate users say about AmeriSave Mortgage Corporation

On Bankrate, borrowers who’ve worked with AmeriSave Mortgage Corporation report the lender’s loan officers are “great,” “knowledgeable” and “professional.” The majority of reviews are positive and reflect a good experience, with one calling the process “smooth, transparent and efficient.”