AmeriSave Mortgage Corporation Continues Growth with New Loan Origination Center in Louisville

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Atlanta, GA – June 17, 2015 – (RealEstateRama) — AmeriSave Mortgage Corporation, NMLS ID #1168, announces today it plans to establish an office in Louisville, Kentucky, and offer jobs to approximately 125 employees and support personnel formerly employed by Discover Home Loans, Inc., which is winding down its mortgage origination operations there.

AmeriSave has been on a path of growth and has opened new origination centers in Irvine, California, Troy, Michigan and Charlotte, North Carolina in 2014. This latest transaction will greatly enhance AmeriSave’s origination volume and operations with the addition of experienced consumer direct Mortgage Bankers, processors and underwriters to AmeriSave’s efficient, technology-driven platform.

“Discover’s historic lending philosophy, performance and origination business model is closely aligned to the strong principles and high standards AmeriSave was founded on and ascribes to today,” says Ed Abufaris, President of AmeriSave Mortgage Corporation. “We’re very pleased with this expansion, both for our customers and our business.”

The companies expect to finalize the transaction in August.

About AmeriSave Mortgage Corporation

Founded in 2002 and headquartered in Atlanta, Georgia, AmeriSave Mortgage Corporation is one of the nation’s largest privately owned online home mortgage lenders. The company’s website provides homebuyers a simplified approach to the mortgage shopping, application and approval process. In 2010, AmeriSave established a Third Party Origination (TPO) division to provide funding for mortgage loans to community banks, credit unions, mortgage brokers and mortgage bankers. In 2014, AmeriSave expanded its footprint into retail lending in the southeast. For more information about AmeriSave, please visit amerisave.com, on Twitter at @amerisave, and on Facebook at facebook.com/amerisave

Media Contact:

Andrew Norman
Marketing Manager
404-503-9333 (office)
anorman (at) amerisave (dot) com

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