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Amerisave

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29 complaints

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Amerisave is one of the largest retail mortgage lenders in the country, with more than 1500 employees. The company operates its facilities in all 50 states and DC. Amerisave offers all mortgage products, including VA, USDA, Non Conforming, Alt A and its Full Eagle Direct Endorsement with FHA. Amerisave offers in-house processing, underwriting, closing, and funding. Amerisave’s management team has over 200 years of combined mortgage experience. Amerisave corporate office is located at

One Capital City Plaza

3350 Peachtree Rd, Suite 1000

Atlanta, GA 30326. Customer Service Department is available at 1-888-700-4026, Monday through Friday from 10:00 AM to 8:00 PM Eastern Time. Please try to contact Amerisave Customer Service directly prior to posting any complaints on this site.

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Amerisave Complaints & Reviews

Amerisave Reviews

U12ri05
Amerisave - Deceptive Business Practices

After applying for a mortgage with Amerisave, I can say that the whole process was a massive waste of time and money. I wish I had more time, so I could sue this company. I fille...

#292115
Jan 26, 2012
41

99 perce...
Amerisave Crooks

Applied online and was sent 11 "approved" loans. Interest rates were based on incorrect credit scores. Very worried, I have near perfect credit with out a single late or any negati...

#288411
Jan 11, 2012
170

Consumer...
Amerisave - Lied to me all the way thru the process

I filled out the appkication and submited all paperwork and after they reviewed my credit I was told I was prequalified and I tod them I did not want to have an appraisal done unt...

#282339
Dec 18, 2011
370

Sdfdsdfs
Amerisave - Declined after being "pre-approved with 802 credit score. Go with another company.

My credit score is above 800 and I was declined. I was pre-approved and ultimately my loan was declined because my condo unit was only at 60% occupancy when the underwriter requir...

#278242
Nov 30, 2011
388

Srinookala
Amerisave denied loan without a proper reason when ready to close

Amerisave decided that they weren't going to refinance my mortgage since the "home is not being used as the best possible use". It's a detached condo, and they say it's...

#274145
Nov 10, 2011
370

Bertsproul
Amerisave - A loan process denied

One of the worse lenders I ever had the displeasure of dealing with. I spent over 2 months after being pre-screened for approval. If you like wasting time and money then Amerisave ...

#272830
Nov 04, 2011
351

Anonymous
Amerisave Financial House Loan Scam

Amerisave Financial House based of Baltimore, MD. They offer 3% loan over the internet. It all seem legit until they ask for administrative fees of $335.50 sent via Western Union S...

#272320
Nov 02, 2011
522

Vernonls
Amerisave - Cheat and deceive you

I refinanced with Amerisave back in 2004 and it was a great experience, so when rates recently (Oct 2011) dropped, I went directly to them to refinance again. This time it was a to...

#270002
Oct 23, 2011
706

Barflea
Do not do business with Amerisave

After applying for a mortgage with Anerisave, I can say that the whole process was a big waste of time. My wife and I filled out all the forms, sent in all paper work requested. ...

#269703
Oct 21, 2011
519

Barflea
Do not do business with Amerisave

After applying for a mortgage with Anerisave, I can say that the whole process was a big waste of time. My wife and I filled out all the forms, sent in all paper work requested. ...

#269699
Oct 21, 2011
358

Anonymous
Amerisave is deceiving

I was recently invited to "lock the rate" by applying online with AmeriSave. I had 48 hours to submit a list of lock-rate documents. Once I completed the application on line, I rec...

#269064
Oct 19, 2011
485

Anonymous
Amerisave rip off

Rates look great but their quote and personelized quote will always be higher. After 5 days of going back and forth with the agent assigned (Walter Parks) and him n...

#265613
Oct 02, 2011
492

Sch333
Amerisave is a scam to get your information

Amerisave is a big scam to get all your information and sell the information. I had applied for a loan that had all the right documentation (condo was appraised by Amerisave as 2x ...

#262930
Sep 19, 2011
634

Texasstar
Amerisave fraudulent and disrespectful company

Amerisave lied to me and made a false promise to adjust my locked in rates for refinance loan. Amerisave charged me $8 dollars plus $375 dollars on my credit card for their process...

#258893
Aug 30, 2011
537

Geogj
Amerisave

They charged $500 for appraisal and the appraised value was much lower. When I asked for the report, I found that the person who did the appraisal had listed the Marble and Tile f...

#258535
Aug 29, 2011
619

Fred51
Amerisave Is Not Approved by the Better Business Bureau for Very Good Reasons

AmeriSave is not accredited by the Better Business Bureau with good cause. You see the ads all over the internet as they troll for business. They need an enormous volume of applica...

#256663
Aug 20, 2011
968

Nodhannum
Amerisave - Dishonest to say the least!

A absolute loser company. If they contact you run...do not walk...run for the exit...for you are about to be taken. Here is my experience with them. After sending a boat load of...

#252528
Jul 31, 2011
1053

Mrhonesty
Amerisave - Nightmare process, but great rate

If you have nerves of steel, can deal with inherently poor processes at the company, sending the exact same docs many, many times, incredible documentation requests, and can wait 3...

#232473
Apr 15, 2011
1463

Anonymous
Amerisave - Dishonest and Unprofessional

I started a refinance process and toward the end was given an alternative that if i wanted to continue i would need to pay a higher rate. I cancelled the process and was informed b...

#226656
Mar 14, 2011
1246

Dritenour
Amerisave - Horrible, horrible company!

Do not use Amerisave! They lure you in with low rates, yet they are unprofessional and very misleading. Andrew Rochester was my original loan processor and due to his negligence I ...

#221103
Feb 11, 2011
829

RichardL...
Amerisave Mortgage is unethical, maybe illegal

Amerisave looked good because of their rates. Then it went downhill. 30 dollar application fee. 325 dollar appraisal fee, which I had already from a month previously. I gave the...

#216185
Jan 13, 2011
1469

Anonymous
Amerisave - Very deceitful practices,unnecessary paperwork involved in refinancing my home

I would urge people to not use Amerisave out of Georgia to obtain any type of loan especiailly refinancing.My fiance and myself went through a horrible experience in dealing with ...

#211827
Dec 16, 2010
753

Keith bu...
Amerisave - Lowest rate, lowest service, you get what you pay for

Tommy Lemonis, our loan officer is the worst communicator I've seen in 30 year in business. His voicemail used to say, this is Tommy Lemonis, with Amerisave, sorry I can't take yo...

#210553
Dec 07, 2010
1011

Rw1
Amerisave is Dishonest

I refinanced my loan with Amerisave. They promised really good rates. At the very last minute, they hit me with an additional $2000 fee for a phantom rate lock. I never agreed to t...

#204167
Oct 25, 2010
697

Jaks29072
Amerisave use caution!!!

Amerisave has great rates all goes great as long as paperwork sent in on time they pay $25 at closing for 3 reviews they choose who after this calls go un answered answering machin...

#200804
Sep 30, 2010
878

AMERISAV...
Amerisave is such a scam!!!!

My elderly parents tring to refinance there home, and take a small loan out. They currently owe about 150,000.00 on an existing Mortgage loan, they wanted to borrow 50,000....

#195066
Aug 21, 2010
3874

Anonymous
Amerisave Mortgage stole my money

On November 25 2009 I applied for a re-finance loan with Amerisave Mortgage. They said they could close the loan within 30 days but since the holidays were coming they recommended ...

#175418
Mar 18, 2010
1958

Anonymous
Amerisave cancelled my loan and CHARGED ME $500

Amerisave cancelled my loan after "I didn't answer their phone calls" for a week while I was on vacation (which I disclosed to my agent prior to leaving) The manager cancelled...

#163561
Dec 04, 2009
2816

Susan2412
Amerisave -Will take Your Money

Do not use Amerisave. They suck you in with good rates on the site that they don't deliver. They get your card number for the appraisal and if you find a better rate with another c...

#143643
Jan 02, 2009
4579
Reviews 1-29 of 29

Related Information

Loans and Mortgages
Every time there is a need to borrow money person faces an option - to go to a mortgage broker or to work with a direct lender. Many people choose to work with mortgage brokers and direct lenders alike, depending on their individual situation and needs. A mortgage is a lien on a property/house that secures a loan and is paid in installments over a set period of time. The mortgage secures a person's promise that he/she will repay the borrowed money to buy a home. A person should be ready for a financial commitment that could last several decades. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. It is vital to make sure that the right mortgage is selected, the one that is right for a person, his/her future plans, and his/her financial situation. Each borrower may choose among the following types of mortgage: fixed-rate mortgage, adjustable-rate mortgage, balloon/reset mortgage, reverse mortgage. A loan is a type of debt. A loan predetermines the redistribution of financial funds over a certain period of time, between the borrower and the lender. At first the borrower receives a certain amount of money from the lender. The borrowed sum is usually but not always paid back in regular installments, to the lender. As a rule, the service is offered at a cost, which is called an interest on the debt. Under the terms of the loan, a borrower may be subject to certain restrictions - loan covenants. Loans are offered by all the financial institutions, like banks and financial services companies.

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