- Report: #844302
Complaint Review: Amerisave Mortagage - Internet
Reported By:
Moe -
Banning, California, United States of America
Submitted:
Updated:
-
Author Confirmed
Why?
Amerisave Mortagage
One Capital City Plaza 3350 Peachtree Road 10th Fl Internet, United States of America
Phone:
404.324.4951
Web:
www.amerisave.com
Categories:
Business Rating:
(0)
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Amerisave Mortagage Bait & Switch, approved low rate then cancelled loan to switch to higher rate, Internet
Amerisave has an automatic online interest rate calculator - which gives attractive rates. These were later confirmed by the company after FICO scores and income was submitted to Amerisave. I was presented with a "good faith estimate" and had to pay for the appraisal. Had appraisal and a lode of paperwork (tax returns, banckl accounts, checking acocunts etc) sent to Amerisave. All this was verbally approved as meeting loan guidelines.
awaited approval at stated rate but was denied. I applied in early February and by the 25th they said they wanted my yet unfiled 2011 Tax returns. They notified me that Loan was cancelled and If I want to get a loan they would await my 2011 tax returns which in the USA is required by April 15, two month hence. This is a tactic to extract more fees and increase the loan rate, as rates are increasing daily. I have excellent credit and make a good income way more than the ratio required for this loan.
awaited approval at stated rate but was denied. I applied in early February and by the 25th they said they wanted my yet unfiled 2011 Tax returns. They notified me that Loan was cancelled and If I want to get a loan they would await my 2011 tax returns which in the USA is required by April 15, two month hence. This is a tactic to extract more fees and increase the loan rate, as rates are increasing daily. I have excellent credit and make a good income way more than the ratio required for this loan.
1 Updates & Rebuttals
Amerisave Customer Service
Atlanta,Georgia,
United States of America
Customer Service
#2UPDATE Employee
Mon, February 27, 2012
Please contact Amersiave Customer Service at 866-970-7283 to discuss your experience. Thank you I look forward to speaking with you.
