Amerisave Mortgage review: Mortgage fraud 18

I don't agree with this post. I just closed a loan with that same processor and a different loan advisor and everything was great. It was probably your loan that had the issues. Mine was slam dunk.

lol funny...we used Bill hayes too and another nightmare...good luck to those tht ignore our posts

You do not name anything specific in your complaint which lleads me to believe your credit or your appraised value was not suffcient. Amerisave is a great company if you qualify. They do not set the rules/guidelines...have you heard of the credit crunch? Forclosures everywhere? I bet every dollar you speant at Amerisave that it was your file that did not qualify...they have funded almost 10 billion since 2002 that does not reflect these complaints. Most of the complaints are folks that do not know what they are talking about, and when there loan gets denied they are sitting there pointing the finger...well for every finger you point there are four pointing back at you!@!

Lucky for me, my husband works in mortgage so I had been told what was legally required. They dangle a hard to believe it's true rate in front of you and then refuse to give you a good faith estimate. They try to get you to make an appointment for a loan appraisal before giving you the good faith estimate. They actually told me to just print the rate they show on the website, that that would be our good faith agreement. SO illegal. They did get $35 dollars out of me. (The only money they can legally ask for before giving me a gfe). GRRRRRRR

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, 000.00 more and refinance for a better rate. There home is worth 800, 000.00 was just appraised at that from a Amerisave referral appraiser.

My parents are retired and collecting Social Security, and have an ira that they collect on once a year and have outstanding credit 800 something. They can make the new payment with ease, before inquiring about the loan they had told the representative about them being retired and not filing and he said no problem. So my parents went ahead and paid 500.00 for a house appraisal non refundable, know they are telling my parents that the IRS blocked them from getting the loan because they say my parents haven't filed in over 5 years.

They were told by there tax preparer that they didn't have to file because they are retired and on social security. Know my parents are out the 500.00 bucks! and that ***! THEY ARE A BUNCH OF LIARS AT AMERISAVE!

I was denied a mortgage by Amerisave despite a multmillion dollar portfolio and an 810 credit rating.
I paid $ 750.00 for an appraisal.
Got the mortgage from another lender.

I applied for a refi in AUGUST 18TH (today is Nov 15th). They "fixed" my rate at 4.375 with a "total closing cost to me of $300". But delay after delay, low and behold
it all of a sudden is going to cost me over 5K to close. These people are incompetent and fraudlent. DO NOT TRUST THEM! Run to somebody who is honest.

Linear Title & Closing is their title company and they are part of the rip off!

Amerisave is a complete Fraud. They charged me for my credit check and appraisal. Kept asking for ridiculous amount of documentation. I provided with with over a 100 files and spent days gathering all the documentation required. They kept lying that some of the documents are blank, but could not send me the blank document back or tell me which one it is. I e-mailed and called them several times a week to check for status, no reply whatsoever. After 30 days my loan got declined for no reason as their system automatically closed loans that are not actively worked on. I believe their lazy customer service was busy scamming others. I have excellent credit and went with another well know bank, my loan closed in 3 weeks, with the basic documentation and excellent customer service. I complained with BBB and disputed my credit card charge. Their employees Omar Goicochea ogoicochea@amerisave.com and his supervisor Joe Watts jwatts@amerisave.com are great fraudsters beware.. STAY AWAY FROM AMERISAVE...

HORRIBLE COMPANY - THEY DUE NOT PAY THEIR BILLS - TOTALLY SCREW APPRAISERS OUT OF FEES - DO NOT DO BUSINESS WITH THEM - TOTAL CROOKS AND SCAM ARTISTS - BEWARE - MOST PEOPLE COMPLAIN OF POOR QUALITY APPRAISALS - THIS IS BECAUSE THEY PAY THEIR APPRAISERS $5 PER HOUR AND I AM NOT JOKING!

They have a ton of bad reviews.. What a joke specially now a days with all kinds of regulations to investigation. This company is what I call a dead man walking.

Do not use this company until you go on line and research them. they will give you a lock in rate and then lose all the paper work and stall until it expires and then tell you either pay the higher rate or pay them 500. I can document this with all the emails they send me.
I could go on and on about how they do not have an office but they all work out of thier homes and will not call you once you sign the papers.

Amerisave underwriter pressured us to get our home appraised immediately while terms were being discussed. The appraisal cost us $700. Later on the process, Amerisave refused to refinance our home unless we close and drop our home equity loan from another bank. Now we got ourselves a worthless appraisal.

Please contact Amerisave Customer Service at [protected] to discuss your experience. I look forward to speaking with you. Thank you.

Consumer Protect, You've posted 11 comments on this site and every one of them has been exactly the same, word for word. Do you perhaps have a personal grudge against Linear Title & Closing?

Consumer Protect, You have posted 11 comments on this site and every one of them has been exactly the same, word for word. Do you perhaps have a personal grudge against Linear Title and Closing?

Linear Title maintains an A+ rating with the BBB, is a member of the INC5000 list, and is an SSAE 16 certified company with a sterling reputation. For any questions about Linear Title, please contact our compliance department immediately at [protected] or by emailing compliance@lineartitle.com.

The complaint posted is regarding Amerisave. Linear Title & Closing maintains an A+ rating with the BBB, is a member of the INC5000 list, and is an SSAE 16 certified company with a sterling reputation. For any questions about Linear Title, please contact our compliance department immediately at [protected] or by emailing compliance@lineartitle.com.

Amerisave is a total fraud. I have no debt, an 825 credit score, and enough in savings to pay for the loan three times over. My goal was to reduce the interest rate. After paying for an appraisal they came back and said I didn't have enough lines of credit established! What? They had that information at the very beginning BEFORE the appraisal was ordered. Stay away from this place and loan officer Mike McCone.