Used Lending Tree and Americash made the best offer in the initial percentage rate. They were quick to get me committed, and quoted me an approximate amount of "no more than $1,200 for the total closing costs. After I sent all the requested information, I was contacted and informed that a drive by appraisal was needed, and requested my credit card number. Then I was called, and advised that an "In house" appraisal was required. Appraiser never came by even though I took the day off work to be there. Was billed $375.00. Finally, when the paperwork came for me to sign, the Amount I had requested for the loan had been diminished by $5,000, and the interest rate had jumped from the initial quoted of 6.4% to over 10%. The payments jumped over $200 per month from the quoted payment, and they were for 25 years not 20 as I had requested, and was quoted over the phone.

Finally, they had attached a balloon payment of over $48,000 on an original loan of just $55,000. So, I would be paying for 25 years, over $700. per month, and only pay off $7,000 in the principal. I refused to sign the papers, and will have to pay the appraisal I did not get.

I had such a terrible experience with Americash.  I couldn't recommend them to anyone.

I have bought and sold in excess of twenty properties over the course of the last 5 years. Americash, by far offered the best pricing, service and closed on time. The initial rate they offered me was 6%, so I decided to lock. After several days, Chad Church (Loan Officer)informed me that the market had rallied and that he could either lower my rate or discount my fee's. I decided to take the lower fee's. Americash's entire staff operated quickly and were very friendly. As a Realtor, I now send all of my clients to Americash. I have not heard anything negative from some five additional clients that have since closed with Americash. Working with Americash is a NO BRAINER!!