AmeriSave Mortgage · Lender
AmeriSave Mortgage
Review published mortgage options and requirements, then request a personalized quote from the lender.
Key borrower, credit, property-use and reserve requirements have not been verified for this selection.
Availability: Not licensed to originate in NY. Not all products and options are available in all states. Terms subject to change without notice.
Our take: Pros & Cons
What we like
- Official loan options include fixed-rate, adjustable-rate, FHA, VA, USDA, jumbo, DSCR and community lending mortgages.
- Rate-and-term and cash-out refinancing options are offered.
- DSCR investment financing uses rental-property income rather than personal income documentation.
What to consider
- SSN, ITIN, visa, foreign-credit and no-credit-history eligibility are not confirmed by the reviewed program pages.
- Income, assets, credit, down payment and property requirements vary by program; approval is not guaranteed.
- Not all products and options are available in all states.
AI-generated lender-level assessment based on published information. Not a verified assessment of HomeReady® mortgage; confirm program-specific conditions below.
Additional lender considerations
- Fixed-rate loans offer predictable principal-and-interest payments for the loan term.
- Advertised examples assume a particular cash-out refinance scenario; personalized rates, APR and fees may differ.
- Refinancing or consolidating debt may increase lifetime finance charges, extend debt repayment and reduce home equity.
Newcomer requirements
HomeReady® mortgage
Fit not assessed · Check fit
Verified published requirements for this program. Rate-example assumptions are separate and do not establish eligibility or approval.
- Minimum down payment
- Published conditions apply. Read the full lender requirements below before applying.
View full lender requirements
- Minimum down payment
- A HomeReady® mortgage is a Fannie Mae-backed loan for low-to-moderate-income borrowers. It features low down payments (as little as 3%), reduced mortgage insurance, and flexible credit guidelines to make homeownership more accessible.
- Other conditions
- You may qualify for a HomeReady® mortgage if your income is 80% or less of the AMI and you meet specific credit and down payment requirements.
Questions to confirm with the lender (15)
These requirements have not been verified for this program:
- SSN
- ITIN
- U.S. credit history
- Foreign credit history
- No credit history
- Residency / visa
- Minimum credit score
- Income documentation
- Employment documentation
- Foreign income
- Foreign assets
- Reserves
- State restrictions
- Property restrictions
- Occupancy
Requirements last reviewed: Oct 25, 2026 · Official requirements source
Rates and costs
HomeReady® mortgage
Rates are available on request
No reviewed advertised rate example is linked to this program.
How to apply
HomeReady® mortgage
Document requirements are not confirmed. Ask the lender for its program-specific checklist.
- Confirm the program's identity, residency, credit and property requirements with the lender.
- Use the official application channel to request pricing for your actual scenario.
- Review the lender's written Loan Estimate, including costs and cash to close.
Published eligibility and availability do not guarantee approval. Confirm membership, relationship, property and occupancy conditions with the lender.
Sources and methodology
About this lender
Purchase and refinance mortgages with fixed-rate, adjustable-rate, FHA, VA, USDA, jumbo, DSCR investment and community lending options. Program eligibility, property, state availability and pricing vary; newcomer documentation pathways are not confirmed by the reviewed pages.
Legal lender: AmeriSave Mortgage Corporation
Lending channel: Direct lending
Provider type: Mortgage company
Lending channels: Direct lending. Origination status: Not stated.
NMLS identifier: 1168
Published service states: AK,AL,AR,AZ,CA,CO,CT,DC,DE,FL,GA,HI,IA,ID,IL,IN,KS,KY,LA,MA,MD,ME,MI,MN,MO,MS,MT,NC,ND,NE,NH,NJ,NM,NV,OH,OK,OR,PA,RI,SC,SD,TN,TX,UT,VA,VT,WA,WI,WV,WY
More lender directory information
Direct application information ↗
Not licensed to originate in NY. Not all products and options are available in all states. Terms subject to change without notice.
Directory verified: 2026-10-25 UTC · Official directory source ↗
Official mortgage terms · Profile reviewed: Oct 25, 2026
- Official lender source · Last checked Oct 25, 2026
What do APR, points, LTV and reserves mean?
- APR
- An annualized borrowing-cost measure that includes interest and certain loan charges. Read it alongside the interest rate and fees.
- Discount points
- An upfront charge expressed as a percentage of the loan amount. Compare the quoted interest rate and the points together.
- LTV
- Loan-to-value: the loan amount relative to the property's value.
- Reserves
- Assets the lender may require you to retain after closing. Requirements differ by program.