Amerisave Mortgage

Posted on Wednesday, December 2nd, 2009 at 7:39am CST by 45911dc5

Product: Cease and Desist

Company: Amerisave Mortgage

Location: ATLANTA, GA, US


Category: Home, Garden

Amerisave Mortgage continues to do business in Colorado regardless of a Cease and Desist Order from the State Of Colorado Realestate Division.

They Need to be FINED and the business closed.

1 Comment

61338c7d, 2010-01-12, 05:39PM CST

Amerisave runs a scam operation. They promise to "lock in" a mortgage interest rate, which we did to refinance our house. An appraisal was done on our house the very next day. Interest rates rose dramatically the next day. Our loan officer never returned calls and would send us cryptic e-mails as to the status of our loan. A month later we were told they could not honor the rate. We did receive our appraisal fee back, but they kept the application fee. We received a nasty letter telling us that they kept our non-refundable application fee because we didn't want the higher rate. The "lock-in" promise is a joke.

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