AmeriSave Mortgage · Lender
AmeriSave Mortgage
Review published mortgage options and requirements, then request a personalized quote from the lender.
Availability: Not licensed to originate in NY. Not all products and options are available in all states. Terms subject to change without notice.
At a glance
- Property use
- Primary residence
- Credit requirement
- Lenders typically require 640 for streamlined underwriting. Lower scores may qualify through manual underwriting with stronger compensating factors.
Still to confirm: Borrower type, Reserves.
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 USDA Loans: Buy an Eligible Rural Home With No Down Payment; 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
USDA Loans: Buy an Eligible Rural Home With No Down Payment
Fit not assessed · Check fit
Verified published requirements for this program. Rate-example assumptions are separate and do not establish eligibility or approval.
- Foreign / alternative credit pathway
- Manual underwriting paths exist for borrowers who don't fit automated approval, including those with limited credit history.
- Minimum credit score
- Lenders typically require 640 for streamlined underwriting. Lower scores may qualify through manual underwriting with stronger compensating factors.
- Minimum down payment
- USDA is one of only two loan programs (along with VA) that allow 100% financing for qualified borrowers.
- Employment documentation
- The home must be your primary residence, and you'll need two years of stable employment or self-employment income documented.
- State restrictions
- The home must sit in a USDA-designated rural or eligible suburban area. The USDA eligibility map is the source of truth.
- Property restrictions
- Homes must be a single-family residence in an eligible rural area defined by the USDA, and it must be your primary residence.
- Occupancy
- Primary residence
View full lender requirements
- Foreign / alternative credit pathway
- Manual underwriting paths exist for borrowers who don't fit automated approval, including those with limited credit history.
- Minimum credit score
- Lenders typically require 640 for streamlined underwriting. Lower scores may qualify through manual underwriting with stronger compensating factors.
- Minimum down payment
- USDA is one of only two loan programs (along with VA) that allow 100% financing for qualified borrowers.
- Employment documentation
- The home must be your primary residence, and you'll need two years of stable employment or self-employment income documented.
- State restrictions
- The home must sit in a USDA-designated rural or eligible suburban area. The USDA eligibility map is the source of truth.
- Property restrictions
- Homes must be a single-family residence in an eligible rural area defined by the USDA, and it must be your primary residence.
- Occupancy
- Primary residence
- Other conditions
- Total household income cannot exceed 115% of the area median for the county. Adjustments apply for household size and certain deductions.
Questions to confirm with the lender (10)
These requirements have not been verified for this program:
- SSN
- ITIN
- U.S. credit history
- Foreign credit history
- No credit history
- Residency / visa
- Income documentation
- Foreign income
- Foreign assets
- Reserves
Requirements last reviewed: Oct 25, 2026 · Official requirements source
Rates and costs
USDA Loans: Buy an Eligible Rural Home With No Down Payment
Rates are available on request
No reviewed advertised rate example is linked to this program.
How to apply
USDA Loans: Buy an Eligible Rural Home With No Down Payment
- The home must be your primary residence, and you'll need two years of stable employment or self-employment income documented.
- 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.