Disclosures & Licensing
Advertising Disclosures, Terms & Assumptions
- “Three minutes” is based on actual consumers who have been credit-approved for available interest rates via AmeriSave’s self-service website from 05/01/2022 to 04/30/2023, the median time it took a consumer from the point of entering their subject property address to the point of being credit-approved for available interest rates was 2.87 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 credit-approved for available interest rates was 3.35 minutes.
- AmeriSave will beat any competitor’s mortgage loan offer, and if it can’t it will pay you $1000. After reviewing the competitor’s offer via the Loan Estimate issued to you, if AmeriSave is unable to beat the competitors offer (by comparison of the respective Annual Percentage Rates presented on the Loan Estimates), AmeriSave will pay you $1000 following the loan closing. This offer is conditioned on the following terms and conditions: (1) you will reference AmeriSave’s “beat any offer or $1000” to your AmeriSave mortgage banker; (2) you will present AmeriSave with a Loan Estimate dated the same day as AmeriSave’s price quote, based on the same borrower(s), subject property, loan program and with the same loan terms as requested from AmeriSave; (3) your mortgage loan on the same property and with the same borrower(s) ultimately closes with the other lender based on the same loan terms and loan program; and (4) you notify AmeriSave and provide proof of your loan closing within 30 days of the loan closing. Only one competitor’s Loan Estimate will be considered, with a maximum offer of $1000 per closed mortgage loan. This offer is effective for new applications submitted on or after May 3, 2023, is valid on conventional and government loan programs only, is not valid on jumbo loans or HELOC’s, and is subject to change or discontinuance at any time.
Additional Information for Illinois Consumers