AmeriSave Mortgage

“Thank you for giving us the opportunity to consider you for employment. We would like to note that competition for this role was strong. We had to make difficult choices between many high-caliber candidates, and unfortunately, you were not selected for further consideration at this time. While you have not been chosen for this position, it is always a pleasure to have someone of your caliber consider AmeriSave as a prospective employer. “ this is what amerisave mortgage said , for an entry level position

Amerisave is a scam! They wanted a $1500 appraisal fee which they said was refundable and closing cost. They went back and forth for over 3 months needing more documents and things. The appraisal company they used came out and tore out a bunch of sod in my driveway and caused like 10k worth of damages and then refused to file the claim under his insurance. I’m now out and had to file a claim with my insurance and guess what ? My premium went from $250 to $800 a month because of the damage they caused that wasn’t my fault. Fuck Amerisave

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Bait and Switch is what they do. I'm beating myself up because I didn't look at Reddit before signing up to do business with this morally bankrupt company. First caution is DO NOT GIVE THEM $500.00 to evaluate your application for a loan!!! A loan company should be making enough money to perform an evaluation without charging up front fees. My stupid butt thought with my high FICA and good payment track record, it wouldn't be an issue. I lost $500.00 doing business with this company.  And they always say… "you signed an agreement to lose $500.00" if this evaluation results in you being turned down.  They complained my debt to income ratio was too high, even though they never acknowledged that I had income because I didn’t have a pension letter. Secondly,  this company does not seem to be able to evaluate a retiree unless they have a pension letter from their former employer.  Even though I think it is one of their bait and switch tactics. My last employer supported employee retirement without pension and introduced a model where your retirement was collected and managed by IRAs and Investments.  So they contributed to our retirement by investing money with Charles Schwab and other investment companies.  The processors at Amerisave could not get their heads around it and kept badgering me for a pension letter.  When I submitted statements from Retirable, the company who manages my Retirement funds,  the Ameriserve Team started asking me for tons more documentation.  This is after they had me on the phone to call the Credit Company Equifax to validate my payments and my over 740 credit score.  When they asked me for my 2024 tax returns in addition to my 2025 tax returns, and I couldn't send the documentation because my internet was down at the time.  They then told me they could not service me because my debt to income ratio was too high. Even though they never acknowledged my income. The morally bankrupt company takes $500.00 from retired seniors and then wear them down with process until they can’t qualify for a loan.  So my recommendation is to NOT do business with Amerisave.  By the way… they are rated #1 when you look out on the internet to see their rating.  But I guarantee you they are paying people to get that rating.  How do I know?  I’ve been offered employment to do just that.  Review Companies so that their rating is high.  I’m sure their rating is manufactured. I got a loan with with another lender with no trouble, no upfront costs, etc.

fym it only takes 5 years to buy a house in the US? 10 year mortgages are considered short. [https://www.rocketmortgage.com/learn/short-term-mortgage](https://www.rocketmortgage.com/learn/short-term-mortgage) [https://www.consumerfinance.gov/owning-a-home/explore/understand-the-different-kinds-of-loans-available/](https://www.consumerfinance.gov/owning-a-home/explore/understand-the-different-kinds-of-loans-available/) [https://www.chase.com/personal/mortgage/education/financing-a-home/choosing-mortgage-term](https://www.chase.com/personal/mortgage/education/financing-a-home/choosing-mortgage-term) [https://www.amerisave.com/glossary/short-term-mortgages-what-they-are-and-how-they-can-save-you-money-in](https://www.amerisave.com/glossary/short-term-mortgages-what-they-are-and-how-they-can-save-you-money-in)

Here's a specific improvement: I have Amerisave has my mortgage servicer. Every month, I have to refresh the connection. At one point I couldn't figure out how to make it refresh without completely deleting it and reconnecting, which screwed up my Net Worth trendline. If you click on it directly, it doesn't give you an interface to put in the 6-digit security pin it requires to refresh. The only way to refresh it and have the pin screen come up is if you click the little yellow icon on the "some of your accounts are out of date" notification. Absolutely not intuitive, and it wasn't completely clear what was going to happen whenever I deleted the account and all of its history. Pretty much the only thing I use Full View for is net worth tracking. Now I've got to deal with an inaccurate line for the next year, because there's no history of me having a mortgage from prior to January 2nd. These are the little things we're all complaining about. You guys need to do more beta testing or hire better UX engineers. Benchmark yourselves against the best!