AmeriHome Mortgage operates as a national lender offering mortgage services in 47 states across the country. The company provides multiple loan types such as conventional, FHA, VA, non-qualified, and jumbo loans. Borrowers have access to interest rate buydown options that can reduce rates by as much as 3%.
The lender maintains an A+ rating from the Better Business Bureau. It also received an above-average score in J.D. Power's 2025 loan servicing customer satisfaction survey.
AmeriHome offers loan options for both first-time home buyers and existing homeowners seeking refinancing. For non-qualified mortgages, the company accepts alternative credit data including bank statements and assets. Repeat customers can receive up to $750 in credits when refinancing or purchasing a second home through the lender.
The company provides free mortgage checkups every six months to help borrowers assess whether their current mortgage aligns with personal finance goals. Its mortgage rate buydowns can lower interest rates by up to 3%.
AmeriHome originates mortgages in 47 states but does not serve Hawaii, Massachusetts, or New York. The lender operates without physical branches, requiring applications to be submitted online or by phone with a loan officer. USDA loans and HELOCs are not available through AmeriHome.
The company offers numerous home loan products including conventional loans, jumbo loans, FHA loans, VA loans, purchase loans, refinancing, cash-out refinancing, fixed-rate mortgages, adjustable-rate mortgages, interest-only loans, second home loans, non-QM loans, investment property loans, mortgage rate buydowns, and home equity loans.
AmeriHome does not offer USDA loans, lot loans, construction loans, guest house loans, energy-efficient mortgages, renovation loans, 1% down loans, bridge loans, manufactured housing loans, piggyback loans, ITIN mortgages, medical professional mortgages, or HELOCs.
For FHA loan home buyers, AmeriHome provides FHA purchase loans and FHA Streamline Refinances. According to 2024 Home Mortgage Disclosure Act data, FHA loans represent over 30% of AmeriHome's total mortgage origination volume, making them the lender's second-most popular product after conventional loans.
While AmeriHome does not explicitly offer home equity lines of credit, the company has a page dedicated to second-lien mortgages that function as home equity loans. These allow borrowing up to 80% of property value with a maximum of $500,000, featuring fixed interest rates and terms of 15, 20, or 30 years. The lender states these loans do not require appraisals, potentially saving borrowers hundreds of dollars.
AmeriHome does not display advertised or sample mortgage rates on its website. Borrowers can obtain instant rate quotes by answering questions about home-buying goals, credit scores, and providing contact information through an online tool.
Yahoo Finance uses 2024 Home Mortgage Disclosure Act data from nearly 5,000 mortgage companies to score lenders on issued mortgage rates and total loan costs. AmeriHome received 2 out of 5 stars for both mortgage rates and total loan costs. The lender offered a higher-than-median mortgage rate of 6.625% and higher-than-median loan cost of $6,194.61 to borrowers in 2024.
To apply for an AmeriHome mortgage, borrowers must create an account in the lender's online portal and submit required documentation digitally. Applications can also be completed by phone at 844-272-5617 or 877-205-0768. For preapproval, applicants need to provide employment history, bank statements, tax returns, and other documentation, with preapproval letters issued the business day after submission.
The lender offers various home-buyer tools including an informative blog, video library, and financial calculators for payment amortization, rent vs. own comparisons, APR calculations, debt consolidation, prepayment savings, early payoff, tax savings, and refinance break-even points.
AmeriHome earns 5 stars for online features due to its extensive online tools and resources. It receives 4 stars for affordability because of government-backed loan options, rate buydowns, and acceptance of non-traditional credit. The company scores 2 stars for interest rates and loan costs due to higher-than-average rates and fees, and 1 star for rate transparency because it doesn't display sample rates and requires form completion for quotes.
Compared to Pennymac, AmeriHome offers non-qualified mortgages and interest-only options while Pennymac provides USDA loans. Pennymac displays mortgage rates more transparently on its homepage, but AmeriHome's buydown option allows rate reductions up to 3% compared to Pennymac's 1%.
Compared to Guild Mortgage, AmeriHome has fewer loan options. Guild offers all AmeriHome products plus USDA, lot, construction, energy-efficient, bridge, manufactured home, piggyback, ITIN, medical professional loans, and HELOCs. Both lenders offer buydowns up to 3% and don't display sample rates.
AmeriHome Mortgage operates as a subsidiary of Western Alliance Bank, headquartered in Phoenix, Arizona. Contact options include calling 888-469-0810, emailing [email protected], or submitting a contact form on the company website.