At Amerisave Mortgage Corporation we are dedicated to upholding a strict code of ethics and business
practices. In doing so, we work hard to respect and protect our customers' privacy and security. We
have listed below how we will use customer information and the forms of contact you could expect
All personal and financial information acquired by Amerisave is used to process your loan. We will
never rent, sell, or share any personal information to third party marketers and will only share
information that is required to close your loan. Amerisave will not share personal information with
other divisions of Amerisave Mortgage Corp.
From time to time we may use third party advertising companies, to serve ads on our behalf across
the Internet. Such advertising companies may collect anonymous information about your visits to our
Web site and your interaction with our ads. For instance, it may keep track of how many of our ads
you had seen before visiting our site. This is primarily accomplished through ad-serving software,
including cookies and Action Tags (commonly referred to as a Web Beacons or GIF tags), which we
place on various places within our Web site.
None of Amerisave's contracted advertising companies collect personally identifiable information
through the use of ad-serving software or technologies. From time to time, we may share anonymous
information with our advertising companies in an aggregate form, for purposes of analysis and
improvement of our site.
Amerisave's contracted advertising companies may use information about your visits to this and other
Web sites in order to provide ads about goods and services of interest to you.
Amerisave also partners with other third parties to provide specific services required in the
processing of your loan. The information that is shared with our third parties is done so in order
to acquire credit reports, appraisals, titles and lending. We share names, or other contact
information that is necessary for the third party to provide these services. These third parties are
not allowed to use personally identifiable information except for the purpose of providing these
Some of the Information Provided by You and Collected by Amerisave:
Client name, address, employment history, income, credit balances, property insurance coverage and other representations made by the client.
Client payment history, account balance and other transactional information.
Information obtained from consumer credit-reporting agencies (including credit history and creditworthiness).
Amerisave takes every precaution to protect our users' information. When users submit sensitive
information via the Web site, their information is protected both online and off-line. When our
application form asks users to enter sensitive information, it is encrypted and is protected with
state of the art encryption software - SSL (Secure Sockets Layer). While on a secure page,
the lock icon on the bottom of Web browsers such as Netscape Navigator and Microsoft Internet
Explorer becomes locked.
By submitting your name, email address and phone number anywhere on Amerisave.com you will receive
phone calls and emails regarding your interest in Amerisave. We also partner with companies such as
LowerMyBills and LendingTree. If Amerisave receives your information through such third party
brokers, you will receive phone and email correspondence regarding your interest in a mortgage.
Amerisave will contact you via email and phone during your loan process as needed to complete your
loan. We may also contact you in the future to provide information regarding other financial or
consumer products that we feel may interest you. You may opt-out of any correspondence which is not
directly linked to your transaction by clicking on the
manage email subscriptions link in any
non-transactional email. Customers may not opt-out of emails directly related to their transaction
Other Contact Information
Amerisave Mortgage Corporation
One Capital City Plaza
3350 Peachtree Rd, Suite 1000
Atlanta, GA 30326
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 credit score
30-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 1st five years; a loan
amount of $10,000.00; a loan term of 30 years (360 months); an Initial Interest Rate of
6.00%; a margin of 2.25%; an initial interest rate cap of 5.00%; an annual cap of 2.00%;
and, a lifetime cap of 5.00%. Under these assumptions, your initial loan payment for
principal and interest will be $59.96. At your first adjustment your interest rate cannot
increase above 11.00% or decrease below 2.25% (the margin). If your interest rate reached
the lifetime maximum cap of 11.00% at the first adjustment, your payment would reach a
maximum amount of $91.20 after five years.
To see what your payments would have been during the period shown above, divide your loan
amount by $10,000; then multiply the monthly payment by that amount. For example, the
monthly payment for a loan amount of $90,000 would be; $90,000 divided by $10,000 = 9;
9 x $59.96 = $539.64.
State and other conditions and restrictions may apply.
For a more personalized rate quote, please complete the fields under "Mortgage Rate