Is the Lender Reputable? AmeriSave is accredited by the Better Business Bureau, where it has an A+ rating.

AmeriSave Mortgage Corporation, an online mortgage lender, has 1,000 licensed mortgage originators spread across the country, offering in-house underwriting, processing, funding and closing services. Since its founding in 2002, the lender has funded more than $115 billion in home loans.

620 The minimum credit score for AmeriSave's conventional home loans is 620, while FHA , VA , and USDA loans require a minimum credit score of 600.

AmeriSave is a national mortgage lender founded in 2002 and based in Atlanta.

Rocket Mortgage Largest Mortgage Lenders in the U.S. by Dollar Amount, 2022, HMDA Data

2022 Top Overall Lenders

Patrick Markert Founder & Chief Executive Officer Veteran technology entrepreneur Patrick Markert founded AmeriSave Mortgage in 2002 with the goal of making homeownership more affordable for more Americans.

AmeriSave Mortgage Corporation, NMLS ID #1168, (www.nmlsconsumeraccess.org), Equal Housing Lender; Corporate Office: 3525 Piedmont Rd NE, 8 Piedmont Center - Suite 600, Atlanta, GA 30305.

A $250,000 mortgage is relatively easy to find and will be offered by virtually every lender offering home loans. However, you must meet the lender's requirements to be approved for a loan. Most conventional lenders will want a credit score in the mid to high 600s but may go as low as 620.

Yes, your 625 credit score can qualify you for a mortgage. And you have a couple of main options. With a credit score of 580 or higher, you can qualify for an FHA loan to buy a home with a down payment of just 3.5%.

Ranking the world's biggest mortgage lenders

1. Bank of America Corporation. Market cap: $344.1 billion.
2. Royal Bank of Canada. Market cap: $146.5 billion.
3. BNP Paribas. Market cap: $79.5 billion.
4. Truist Financial Corporation.
5. Mitsubishi UFJ Financial Group.
6. PT Bank Central Asia Tbk.
7. Qatar National Bank.
8. Standard Chartered PLC.

Conventional mortgages Conventional mortgages are the most common type of mortgage. That said, conventional loans may have different requirements for a borrower's minimum credit score and debt-to-income (DTI) ratio than other loan options.