Many lenders and brokers make promises to their customers that they can not keep. The problem occurs
when the customer goes to close the loan and is surprised by additional fees that were not disclosed
initially by the lender.
This creates an obvious problem because many customers are not able to pay these additional funds
causing them to lose the home that they have spent so much time searching for or lose the rate they
had previously locked.
Amerisave guarantees in writing all closing costs that we have control over. The fees you see on our
website ARE the fees you will receive at the time of application AND at closing.
There are some third party fees and government fees that are beyond the control of any lender;
however, because Amerisave has closed so many loans in and around your locality we can estimate most
fees with high accuracy.
SureFee
Amerisave introduces a straightforward approach to home financing with our new SureFee product.
SureFee provides you with the security of knowing that the lender fees on your loan are guaranteed
not to change throughout the loan process.
Determining the True Cost of Your Loan is Easy and Straight Forward.
SureFee Makes Lender to Lender Comparisons Easy.
SureFee is one bundled fee for all lender fees.
Other mortgage companies charge a multitude of fees, some legitimate, some not. A complete list of
lender fees you may find other lenders charging include:
Application Fee
Funding Fee
Administrative Fee
Transfer Fee
Origination Fee
Processing Fee
Loan Setup Fee
Wiring Fee
Discount Fee
Flood Certification Fee
Tax Service Fee
Underwriting Fee
What to Look for When Comparing Lenders:
What are the total lender fees for a like product, rate and term?
Do the third party fees look reasonable, and do all the expected third party fees appear to be listed?
Taxes, prepaid and escrow items should be excluded when comparing one lender to another as these fees will be identical among all mortgage companies.
No. As long as the loan program and loan parameters you applied for does not change, SureFee will
not change. In some cases, your loan amount may increase. You may decide to add a signor to your
loan, or the LTV of you loan may change. In these cases SureFee may change. Amerisave will send you
a new good faith estimate which will include your new SureFee amount. Once you have authorized us to
proceed, your SureFee will once again be fixed and will not change again (unless something material
happens to your loan application).
Easy .. Amerisave is one of the top 25 online mortgage lenders in the country. Based on our
nationwide mortgage lending experience and our sophisticated technology, we are able to accurately
predict most all the costs associated with closing a loan.
The costs of such things as mortgage taxes, closing fees and title insurance varies widely by state,
county and even city, additionally Amerisave has a network of over 5,000 providers all of whom
charge slightly different fees. Determining the exact costs of these types of fees is difficult.
Amerisave does however negotiate with all our third party providers to ensure you pay the lowest
price available and receive the high level of service Amerisave requires.
