How Much Should You Save For Retirement? Four Factors To Consider

When it comes to saving for retirement, many people have no idea how much money they should put aside to retire the way they want to. An ideal retirement figure depends on a wide range of factors, from desired retirement age to percentage of income saved every year. Here are four common factors used to calculate retirement goals.

1. Starting age – As any retirement advisor will tell you, you should start saving as early as possible. By putting away part of your income in your early 20s, you can greatly reduce financial strain as you approach retirement and even generate a surplus.

2. Deferral rate – Although it might be difficult to commit 10 to 15 percent of your monthly paycheck to retirement savings, you should attempt to keep your deferral rate in this range. After a while, you will grow accustomed to the deferral and adjust your spending habits accordingly.

3. Rate of return – Because it is impossible to predict the rate of return on your retirement savings, you should always use a conservative estimate when factoring in rate of return to your retirement goals. Better safe than sorry, as the saying goes.

4. Salary growth – If you base your retirement goal on a multiple of your salary at retirement, you will need to take into account salary growth when computing your final figure. The faster your salary grows, the more quickly your retirement goal outpaces the money you can save every month. If you make an effort to keep your marginal spending increases well below your marginal salary increases, you will be able to boost your savings considerably.

At the end of the day, saving early and often will maximize your chances of achieving your retirement goal. Stick to your plan once you’ve made it and you should have no problems retiring how and when you want.



Every year Mortgage Professional America, or MPA, publishes a report highlighting the accomplishments of 50 women who are rising stars in the industry. This year two of our very own were featured in MPA’s Elite Women in Mortgage report. A big congratulations goes out to Lauren Frank (left) and Rebekah Balkcom (right). Well done ladies!

Lauren Frank


Rebekah Balkcom

Rebekah Balkcom


Congratulations Team

National Mortgage News has published their list of Top Producers in 2016 and some congratulations are in order for nine of AmeriSave’s Loan Originators. Awesome job Greg LaPointe, Rebekah Balkcom, Brad Minor, Mike McCone, Adam Kuhns, Sean Park, Jessica Gibson, Brad Cejka and Michael Capell!

National Mortgage News rankings began in 1999, and ever since they have made it their mission to find the best loan officers and brokers to honor as leading mortgage industry professionals.

Great job guys, we are proud of you!


AmeriSave Named 4th In Customer Satisfaction By LendingTree For Q4 2015

Atlanta, Georgia – March 11, 2016 – AmeriSave Mortgage Corporation was listed 4th on LendingTree’s Top Ten Customer-Rated Lenders for Q4 2015, which was announced on February 1, 2016.  AmeriSave was rated on mortgage rates, fees and closing costs, responsiveness, customer service and overall experience.

“We are excited to once again be recognized by LendingTree as one of their top lenders,” said Ed Abufaris, President of AmeriSave Mortgage Corporation.  “This accomplishment is directly attributed to the level of customer service and professionalism our team exhibits through the entire mortgage process, beginning with loan origination through loan closing.”

The quarterly “Top Ten” list is based on a weighted average of review rating and volume of customer reviews on the LendingTree (NASDAQ: TREE) website.  This is AmeriSave’s sixth appearance on the list in the past two years.

About AmeriSave Mortgage Corporation

Founded in 2002 and headquartered in Atlanta, Georgia, AmeriSave Mortgage Corporation is one of the nation’s largest privately owned online home mortgage lenders. The company’s website provides homebuyers a simplified approach to the mortgage shopping, application and approval process. In 2010, AmeriSave established a Third Party Origination (TPO) division to provide funding for mortgage loans to community banks, credit unions, mortgage brokers and mortgage bankers. In 2014, AmeriSave expanded its footprint into retail lending in the southeast, California and Michigan. For more information about AmeriSave, please visit, on Twitter at @amerisave, and on Facebook at


Five Tips For First Time Homebuyers

For many first time homebuyers, the prospect of finding and purchasing a home can be a bit overwhelming. Here are five tips to help you get started on the path to home ownership.

1. Determine what type of home matches your needs.

Residential properties come in a wide variety of shapes and sizes, from condominiums and townhouses to traditional single-family houses and multi-family buildings. You should carefully consider all options before beginning the search.  Keep in mind how your needs may change in the near future.

2. Identify the features you want your home to have.

While you will be hard pressed to find a home that has everything you want, you should also remember that you are likely making one of the biggest purchases of your life. By creating a list of features such as neighborhood, size, and amenities, you can rank prospective homes based on how closely they match your ideal house.

3. Use all available resources.

Because the real estate market typically covers a wide geographical area, it is important to take advantage of all opportunities to find prospective homes. In addition to using a qualified real estate agent, you should consider seeking out listings online and looking for for-sale signs in your neighborhoods of interest. Many homebuyers also choose to ask friends, family, and business associates about potential listings, which can result in a key reference.

4. Secure financing.

Perhaps the most daunting aspect of the home buying process, financing is arguably the most important. Many first time homebuyers may qualify for government loans and loans with lower down payment requirements. Before you sign a loan agreement, you should perform careful research of all options and seek out guidance from a licensed mortgage professional.

5. Make an offer.

After you identify a home that you wish to purchase, you must submit an offer to the seller. In most cases, you tell your real estate agent how much you are willing to pay for the house and indicate any special conditions you want to ask for.


How To Use Social Media To Sell Your Home

Despite generation gaps, the use of social websites and applications has increased across the board. With online interactions becoming the predominant form of communication, establishing an online presence is now vital to all types of business, including real estate. So, as a homeowner leaping into the world of FSBO, or working alongside an agent to create buzz, tapping into the vast arsenal of social media marketing could make all the difference.

Check out these 5 tips and stay ahead of the ball:

1. Blog, blog and blog again!

Setting up a blog is the first step you should take in establishing your online visibility. This can be used as a tool to create your narrative and help establish an emotional connection between you and possible buyers. Also, once your blog is set up, you can use the link in all of your social media posts on other websites.

2. Get Social

Facebook, Twitter and Instagram are great for socializing and updating your friends and family on different aspects of your life. Whether sharing a photo or a personal thought, you can instantly connect to a large pool of people on topics that are meaningful to you. So why not share about your home! Yes, your family and friends may not be in the market for a new home, but at least a few know people who are. Ask for likes, shares, and retweets, just be mindful of the frequency of your posts – spamming your friends is not the way to go.

3. Don’t Forget about Pinterest

Ah, Pinterest, the red headed step child of networking sites. You may be thinking, “how could a Pinterest board help me sell my home?” Well, not only is Pinterest used to find ideas and inspirations, but buying products and receiving information has also become a focus for the social media site. Pinning images of your house with direct link attachments to your listings or blog will help drive traffic to those platforms and ultimately give your home more exposure to interested buyers.

 4. #GetVisible

“What in the world is a hashtag?” you may ask. Simple, it’s your ticket to the outside world. Hashtags allow you to have visibility to entire demographics of individuals who may be searching for products you’re selling; In this case, the product being sold is a house. Also, getting creative and using a hashtag that is memorable and specific to your home can work as a reference point for anyone wanting to find your post. Most, if not all social media sites have incorporated hashtags as a feature on their platform.

5. Know Your Audience

It’s important to remember that every social media platform has its own unique niche, and in order to get the most out of your media marketing, you need to cater to your audience. For example, posting high quality images on Instagram, and short meaningful text on Twitter will help facilitate better interaction on your posts.

At the end of the day, selling a house takes diligence, patience and hard work; maintaining relationships with potential buyers and keeping open lines of communication is key. However, if all else fails, ask for advice. There are plenty of professionals who are capable and willing to help you in your home-selling endeavors!


The Benefits Of An Online Lender

It’s 2016, and in a time where computers, tablets and mobile devices are increasingly changing how consumers do business across all markets, mortgage lenders are finding that they must adapt to the needs of their borrowers. AmeriSave Mortgage Corporation consistently stays ahead of the curve. Since 2002, AmeriSave has been able to offer current mortgage rates in a matter of seconds, becoming one of the nation’s largest online lenders.

For majority of consumers, the internet isn’t just affecting how they do business, but how they receive information. That’s why establishing a site that is not only functional as a transactional tool, but also an information hub for current rates, has boosted AmeriSave up as one of the leading mortgage lenders in the United States. With various home purchase, mortgage refinance and home equity calculators, you can determine for yourself the best options that will fit your needs.

AmeriSave’s online presence allows borrowers to apply for loans directly from the website while receiving the expert customer service generally associated with brick and mortar businesses. Thanks to its straightforward ease of use, AmeriSave allows you to cut out the middleman and begin the mortgage process yourself online; thus allowing you to start your mortgage process with a pre-approval so that you have an idea of what you can afford while also showing potential sellers that you are a serious buyer.

With convenience and ease at your fingertips, getting a pre-approval is literally a click away. Apply now