Amerisave shops the rates of our competitors everyday to ensure our customers are getting the best
rates and lowest fees. This saves our customers time and money.
We are extremely confident in our rates and can therefore extend a guarantee that the combination
of the total closing cost + the interest rate will provide you with the lowest cost mortgage
possible. If not, we will pay you $500!
One of the reasons we have the ability to offer this program is Amerisave fully discloses all rates
and fees associated with your loan. We also guarantee, in writing, all
lender closing cost fees that we have control over. It is important to protect yourself from
surprise fees presented at closing.
Qualify with Amerisave for the rate guaranteed by the competing lender.
Notify Amerisave in writing of a competing offer (via the GFE) to be given a chance to beat the offer. If Amerisave elects to not beat the competing offer, we will notify you in writing.
After your loan is closed and funded, provide Amerisave with a HUD-1 closing statement to confirm that the loan closed at the terms quoted in the competing GFE.
The Following Terms and Conditions Apply to this Offer:
Competing offers must be for the borrowers exact loan requirements, from a national lender, and for a conforming loan program that is offered by Amerisave. In addition, the competitors' rate and closing quote must be available on the competitors' website for the borrowers' specific loan criteria.
The rate, commitment period and loan program for the competing offer must all match Amerisave's offer. Competing offers must be dated and presented to Amerisave on the day of the offer.
Borrowers who have already locked their rate with Amerisave are not eligible for this guarantee.
This guarantee is for residential purchase and refinance mortgage products only.
Third party and government fees are beyond Amerisave's control therefore are not included in this guarantee.
If Amerisave is unable to beat a competing offer and the borrower accepts that offer, Amerisave will pay the borrower $500 upon their loan closing.
