Atlanta, GA · Independent non-bank lender · CFPB · 24,298 loans in 2025
24,298
loans originated, 2025
94,390
applications, 2025
50
states and territories
1
gaps bigger than at similar lenders
How to read this section
For Black, Hispanic and Asian applicants, we look at how much more often AmeriSave Mortgage turns them down than White
applicants: the gap. Then we compare that gap with the gap at similar lenders, for similar applications: the same
income, loan size, debt-to-income range, loan-to-value, loan type, kind of property and place.
"Bigger gap" means we are at least 99% sure the gap is bigger than at similar lenders. That is a reason to look
closer, not proof of discrimination. The public data has no credit scores and none of the documents a lender
reviews, and the kind of loans a lender makes can widen a gap for good reasons. Each result below gives the numbers
and the explanations they allow.
FIG. 1 — GAPS AGAINST SIMILAR LENDERS
AmeriSave Mortgage's gap is bigger than at similar lenders for Black refinance applicants.
Each dot compares AmeriSave Mortgage's gap with the gap at similar lenders: at 1x they are the same, at 2x its gap is twice as large. A gap is how much more likely the group is to be turned down than White applicants. The line around each dot shows the range the true value probably lies in (95%). Amber: groups where we are at least 99% sure the gap is bigger.
SOURCE: FFIEC HMDA 2025; JENNER ANALYTICS NATIONAL DENIAL MODEL
Black refinance
AmeriSave Mortgage's gap for Black refinance applicants is bigger than at similar lenders.
How sure we are that the gap is bigger than at similar lenders: 99.5%.
Of the refinance applications it decided in 2025, it turned down 81% of 2,966 from Black applicants and 71% of 10,102 from White applicants. The most common reason: the application was incomplete, given for 42% of the Black applicants turned down and 43% of the White applicants turned down. Leaving out applications turned down as incomplete, it turned down 71% of Black applicants and 58% of White applicants.
AmeriSave lends almost only to people refinancing, mostly through online applications, and it turns down most applicants: 71% of White applicants in 2025. For both groups, the most common reason is that the application was incomplete (over 40% of those turned down), as is common when many people start an application online and do not finish it.
If Black applicants who start online finish the paperwork less often, a gap would follow even if AmeriSave judged every finished application the same way. The public data does not say why an application was left unfinished.
FIG. 2 — REASONS FOR TURNING APPLICANTS DOWN, 2025
Why applications were turned down, beside White applicants at the same lender.
Each bar is 100% of the applications the lender decided for that group; the coloured part was turned down, split by the main reason the lender gave, and the rest were approved. Applications the applicant withdrew are not counted.
SOURCE: FFIEC HMDA 2025, FIRST REASON GIVEN
Applicants
Turned down: group
Turned down: White
How sure the gap is bigger
Result
Hispanic refinance
76%
71%
96.1%
Not clearly bigger
Black refinance
81%
71%
99.5%
Bigger gap than at similar lenders
Asian refinance
78%
71%
86.7%
Not clearly bigger
"How sure the gap is bigger": how sure we are that the lender's gap is bigger than at similar lenders. We call it bigger at 99% or more.
Not tested, too few applications: Hispanic purchase, Black purchase, Asian purchase. A test needs, for that loan purpose, at least 100 decided applications from the group and from White applicants, with at least 20 of each turned down and 20 approved.