AmeriSave to Open Loan Origination Center in Louisville

AmeriSave Mortgage Corporation has announced that it plans to establish an office in Louisville, Ky. and offer jobs to approximately 125 employees to support personnel formerly employed by Discover Home Loans, 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, Calif.; Troy, Mich. and Charlotte, N.C. 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,” said 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.