What does AMERIHOME MTG CO LLC mean on my credit report?

Is AMERIHOME MTG CO LLC making an impact on your credit score?

Updated January 1, 2023
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What is AMERIHOME MTG CO LLC?

AMERIHOME MTG CO LLC is shorthand for AmeriHome Mortgage Company LLC, with the company name being AmeriHome Mortgage Company, LLC

Our consumer-oriented approach crosses all aspects of our organisation, from clients to consumers to our own staff.

AMERIHOME MTG CO LLC is a Mortgage Provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with AmeriHome Mortgage Company LLC.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

  • ⚫ The average high credit balance is $241900.

How do I contact them?

Here is the current contact details for AmeriHome Mortgage Company LLC:

Address:

  • 1 Baxter Way, Suite 300
    Thousand Oaks, CA 91362-3888

Website:

Email:

Phone:

Payments

Question Answer
Do they offer a monthly payment plan? No
Can I make payments over the phone? No
Can I make payments online? Yes
Do they offer a discount for automatic payments? No
Can I make a payment using a mobile app? Yes
Can I make a payment using a prepaid debit card? No
Can I make a payment using a wire transfer? No

Forgiveness and Cancellation

they do not offer loan forgiveness. A forbearance plan is a type of loan payment relief for borrowers who are temporarily unable to make their mortgage payments. It typically lasts for up to 12 months, but can vary depending on the servicer. During the forbearance period, taxes and insurance should still be paid, and interest or fees may be charged for missed payments. Full or partial payments can be made during the forbearance period, and repayment of payments due at the end of the forbearance plan period will depend on the individual’s circumstances. CARES eviction assistance may still be available.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? No

How to Apply

You cannot apply for a loan online, over the phone, or in person. You can apply for a loan with a cosigner at AmeriHome.

Question Answer
Can I apply for a loan online? No
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? No
Can I apply for a loan using a mobile app? No
Can I apply for a loan with a cosigner? Yes

Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

What is a Mortgage Provider?

A mortgage provider is a financial institution or mortgage bank that offers and underwrites home loans. Lenders have specific borrowing guidelines to verify your creditworthiness and ability to repay a loan. They set the terms, interest rate, repayment schedule and other key aspects of your mortgage. They have the ability to report on your credit profile which will affect your credit score. They also can run hard and soft inquiries which will impact your credit score if not delt with. Mortgage Providers are not perfect and can still make mistakes in their reporting, so if it says that you have missed a payment and you haven’t then if you take the correct action you will be able to remove the late repayment from your credit profile.

How do I remove AMERIHOME MTG CO LLC from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.