Whether you're buying or selling, you can take advantage of these benefits with
our free AmeriSave Advantage program.
Access to a network of experienced real estate agents
A dedicated staff to assist and provide guidance
A reward of $250 - $4,500 at the end of your transaction*
Or Call 800-552-2384 to speak with a specialist.
How Much Cash Could You Get Back?
About AmeriSave Advantage
AmeriSave Advantage is a free program that connects buyers and sellers with qualified
real estate agents in their area. In addition to the network of real estage agents,
you also have access to a team of advisors to help you manage the details of buying,
selling or relocating. After your transaction is completed, you will receive a reward
back based on the purchase/sale price of your home. It's that easy!
*Program and rewards are provided by Cartus Corporation, not an affiliate of AmeriSave
Mortgage Corporation. The actual amount you may receive is based upon the purchase or
sale price of your home. Program is not offered in Iowa. Rewards are not available in
Alaska, Louisiana, Mississippi and Oklahoma. Rewards are paid as a check, except in
Kansas and Tennessee where rewards are paid as a gift card, and New Jersey and Oregon,
where rewards are paid as a credit at closing. Checks and gift cards are mailed within 4
weeks of closing. A check is presented at closing in Alabama. Ask your program
coordinator for details. Customers are not required to receive financing from AmeriSave
Mortgage Corporation, in order to receive benefits of this program. The rewards are only
available through the use of a program-recommended real estate agent. All real estate
transactions are negotiable. Other terms and conditions apply. Mortgage products are
offered by AmeriSave Mortgage Corporation, NMLS ID #1168. Equal Housing Lender.
The interest rates, payment amounts, Annual Percentage Rates ("APR"), and lender fees & points shown above are based upon the following parameters:
$260,000 loan amount (Jumbo information based upon $420,000 loan amount)
80% loan-to-value ("LTV") or less
20% or greater down payment
No subordinate financing
Fully documented income, assets and liabilities
Single Family residence
740 middle credit score
45-day lock period
Property located in Massachusetts
Adjustable Rate Mortgages
Adjustable Rate Mortgage ("ARM") products have an initial fixed rate period of
3, 5, 7, or 10 years, and a full loan term of 30 years (360 months). After the initial
fixed period has expired, the interest rate will be adjusted annually based upon an index
plus a margin. An interest rate "cap" limits how high the interest rate may rise
at each adjustment. Interest rate caps differ by ARM product.
Depending on market conditions at the time you lock your Initial Interest Rate, as well as
the point option you select, your Initial Interest Rate may not be based on the Index used
to make later adjustments. Instead, your Initial Interest Rate may have a discount or
premium. A "premium" occurs when the Initial Interest Rate is more than the sum of
the Index plus Margin. A "discount" occurs when the Initial Interest Rate is less
than the sum of the Index plus Margin. Your interest rate may not move in the same direction
as the Index. For example, if your loan has a premium, your interest rate may decline on the
First Rate Change Date even if the Index remains the same or increases. If you choose a rate
lock option that provides for a floating rate, your Initial Interest Rate at closing may be
different from the interest rate in effect at the time you apply for your loan. The amount
of the premium or discount may change as a result.
Example: Let's assume you have an ARM loan that is fixed for the first five years; a loan
amount of $250,000; a loan term of 30 years (360 months); an initial interest rate of
3.50%; a margin of 2.25%; an initial interest rate cap of 2.00%; an annual rate cap of
2.00%; and a lifetime cap of 5.00%. Under these assumptions, your initial loan payment for
principal and interest will be $1,122.62. At your first adjustment, the interest rate
cannot increase above 5.50% or decrease below 2.25% (the margin). If the interest rate
reached the lifetime maximum cap of 8.50%, your payment would reach an amount of $1,788.81.
State and other conditions and restrictions may apply.
For a more personalized rate quote, please complete the fields under "Mortgage Rate