Marketing of Loans

Ameriquest goes out of its way not to market any of its loan products to people who do not qualify for mortgage lending or to people with a high degree of probability of not being able to maintain a mortgage. To do otherwise is unfair to potential borrowers who stand to lose both their savings as well as their credit rating.

Ameriquest is 100 percent committed to equal lending opportunities for all who qualify regardless of race, color, national origin, religion, sexual preference, marital status, gender, age, handicap or any other such criteria. You can also rest assured that Ameriquest will never sell any customer information to third parties.

Ameriquest also refuses to solicit business from the customers of other lending institutions for the first 24 months of a loan. Such practices are known in the industry as “flipping” and are seldom to the customer’s advantage because of the loan fees that are involved in switching from one lender to another. Although flipping loans is very profitable for the lending company, Ameriquest refuses to engage in such shoddy lending practices.

When you apply for a loan at Ameriquest you can rest assured that the property you are buying is worth the price that you are paying. Ameriquest requires a thorough inspection of every home before making a loan. Inspections are performed only by licensed inspectors and all inspections must be performed according to the Uniform Standards of Professional Appraisal Practice. Ameriquest ensures that all inspections are complete and accurate by only using approved inspectors and by an automated review of all appraisals and by auditing a random sample of appraisals every month.

Ameriquest is committed to providing fair, accurate and honest mortgages to all qualified customers.