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AmeriValue Mortgage Review


ConsumersAdvocate.org Rating: 3.7 / 5 (Very good)
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AmeriValue is an online mortgage aggregator offering loan and lender matching services as well as information regarding loans, mortgages, and interest rates.

The company delivers a simple online application form that requires minimum personally identifiable information, after which the applicant can receive multiple loan offers via email.

How is AmeriValue rated?

Breakdown

3.8/5
Loan Variety
3.5/5
Ease of Process
3.8/5
Customer Service and Reputation
4.0/5
Discounts and fees

Overall Rating: 3.7 / 5 (Very good)

AmeriValue is a good option for borrowers looking to evaluate various different mortgage refinance loan offers from competing lenders.

As a marketplace, they can connect homeowners with up to five different originators, so they can better understand the options available to them.

However, their available loan types are a touch more limited than other, comparable marketplace lenders.

Loan Options

Lender Type
Marketplace
Loans Offered
Rate & Term
Cash-out
Loan Programs
FHA
VA
Conventional
HARP

Loan Variety - 3.8 / 5

AmeriValue connects prospective homeowners to lenders that provide conventional, FHA, and VA loans.

The company, by comparison, does not offer the wide array of mortgage refinance loans as other lending marketplaces.

There is no information as to the specifics of the loans on their site, which seems little more than a questionnaire to get your personal information to forward to lenders.

Rates tend to fluctuate between 2.500% and 3.108%.

Application Process

FHA Minimum Credit Score
580
Maximum LTV
Depends on chosen lender
Closing Time
Depends on chosen lender
Waived Fees
Depends on chosen lender

Ease of Process - 3.5 / 5

The specific requirements and characteristics of any loans begun via AmeriValue will vary according to the specific lender the borrower chooses.

However, the minimum FHA credit score is government regulated to remain at 580, and along general lines, most lenders require a minimum score of 620 or more.

Lenders also ask for proof of financial history, prior closing documents, and current mortgage information.

AmeriValue Reputation

Memberships & Regulatory Info.

Nationwide Mortgage Licensing System ID
3175
Nationwide Mortgage Regulatory Actions
2

Online Reviews

BBB Rating
A+

Customer Service and Reputation - 3.8 / 5

Though AmeriValue is a marketplace for mortgage refinance loans, and not an originator themselves, they have had two regulatory actions taken against them with the Nationwide Mortgage Licensing System.

Compared with most of the other entities we feature, AmeriValue has little to no evaluation or reviews online.

To compare other top companies, check out our review of the 10 Best Mortgage Refinance Companies of 2018.

Homepage URL
Company Phone
(888) 736-0804
Headquarters Address
2045 S. Barrington Ave., Suite A, Los Angeles, CA, 90025
Year Founded
2004

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Customer Comments & Reviews

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C
Charlie H
8/28/2019
Never gave any data and my voicemail instantly blew up with junk.