Looking for the best mortgage rate? Amerisave may be the right lending company for you. Mortgage rates are essential because it determines how much you’ll be paying to your lending institution in terms of interest. Over the years this amount could easily add up and the smallest difference in rates could mean thousands of dollars in difference. Instead of worrying over huge bills and payments, why not get a mortgage at a trusted lending institution such as Amerisave.
All About AmeriSave
Amerisave is one of the biggest lenders in the whole United States. They have operations in all of the 50 states with hundreds of helpful employees that help and assist their clients well. They make it easy and convenient for people to shop when it comes to mortgages. Some customers have even tried locking in just a few minutes with their mortgage loans because it is very easy to request and apply in AmeriSave. The customers are assured they are assisted well all throughout the whole process of acquiring the mortgage. Some of the mortgage products they have are the USDA, Non-conforming, and VA. They do still have other very useful products that people can apply for.
As of today October 10, 2012, the latest rates are very good compared to the national average which is 3.52%. With their 30 year fixed term of loans up to $417,000, the interest rate is 2.875% and the annual percentage rate or APR of 3.187%. For the 15 year fixed term, the interest rate is 2.250% with an APR of 2.693%. They also offer the 7 year ARM with an annual percentage rate of 2.948% and an interest rate of 1.875%. And the last is the 5 year ARM with the rate of 1.875% and an APR of 3.040%.