Disclosures & Licensing

Advertising Disclosures, Terms & Assumptions

  • Advertised rate for 15 year fixed rate loan is effective June 16, 2021, and subject to change without notice.  A 15 year fixed rate mortgage of $250k with an interest rate of 1.750%/2.285% APR requires 179 payments of $1580.15 and one additional payment of $1580.72.  Monthly payments are for principal and interest only and do not include amounts for taxes and insurance premiums.  Your actual payment obligation will be greater.
  • For AmeriSave’s loans originated from 05/01/2020 to 04/30/2021, the median monthly savings for borrowers refinancing an existing 30-year mortgage loan into a new 30-year mortgage loan is $445 per month, and the average savings for the same scenario is $560 per month.
  • Based on actual consumers who have prequalified for available interest rates via AmeriSave’s self-service website from 5/1/2020 to 04/30/2021, the median time it took a consumer from the point of entering their subject property address to the point of being prequalified for available interest rates was 2.85 minutes. For another measure, for the same period, the median time it took a consumer from the initial instance of visiting the AmeriSave rates landing page to the point of being pre-qualified for available interest rates was 3.45 minutes.

Additional Information for Illinois Consumers