Ameriprise Bank, FSB provides mortgage lending and refinancing solutions to its clients
MINNEAPOLIS – (COMMERCIAL THREAD) – Ameriprise Financial (NYSE: AMP) announced today that it is deploying mortgage lending solutions to better meet the comprehensive and long-term financial needs of clients. Through a new partnership with Embrace Home Loans, Ameriprise clients will have access to mortgage products and services to complement the personalized advice they receive from their Ameriprise financial advisors. In addition, the new relationship offers Ameriprise clients competitive interest rates, no application fees, a streamlined application process and a dedicated loan consultant from prequalification to closing.
“Whether clients are looking for new home or refinancing their current home, getting the right mortgage is a critical part of their financial planning, ”said Abu Arif, Chairman of Ameriprise Bank, FSB. “We are committed to helping our clients manage their finances every step of the way. To that end, we’re excited to launch our new mortgage partnership, which combines Ameriprise’s comprehensive advice with Embrace’s extensive lending products to help clients achieve their financial goals.
“We are honored to be teaming up with such a respected organization as Ameriprise Financial, ”said Kurt Noyce, president of Embrace’s financial institutions group. “The vision Ameriprise has for its clients and advisors – both during the origination and the life of the loan – is inspiring and aligns ideally with Embrace’s values and mission.
In addition to the resources and expertise to buy or refinance a home, Ameriprise clients will have access to Embrace’s loan programs, including:
- Approved for Move ™: This program gives clients fully subscribed loan approval before they set foot on an open house.
- Free mortgage review: A holistic assessment that compares clients’ existing mortgages to current market opportunities.
- A simplified application process: Customers can track the loan online, 24/7, and will receive alerts from Status Manager so they can stay informed on the progress of their loan application.
About Ameriprise Financial
At Ameriprise Financial, we’ve been helping people have confidence in their financial future for over 125 years. With extensive advisory, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors, we have the strength and expertise to meet the full range of financial needs of individual and institutional investors. . For more information or to find an Ameriprise financial advisor, visit ameriprise.com.
About Ameriprise Bank, FSB
Ameriprise converted its existing national limited-use trust bank to a federal savings bank in the second quarter of 2019 following approvals from the Office of the Comptroller of the Currency and the Federal Reserve. The newly expanded Federal Savings Bank offers a suite of bespoke banking products primarily to Ameriprise customers as part of the company’s comprehensive solution package.
About Embrace Home Loans
Founded in 1983, Embrace Home Loans has remained a leading industry leader, having helped hundreds of thousands of individuals and their families achieve their home financing goals. In addition, Embrace has partnered with some of the country’s leading banking institutions to support their mortgage operations. Embrace has often been recognized as one of the best mid-size companies to work for in America and as one of the fastest growing companies in America. For more information, please visit www.embracehomeloans.com.
Equal Housing Lender
Neither Ameriprise Bank, FSB, nor AFS financial advisers are authorized to give legal or tax advice. For specific legal or tax matters, clients should consult their own legal and / or tax advisers.
Ameriprise Bank, FSB provides deposit, loan and personal trust products and services to its customers, including customers of Ameriprise Financial Services, LLC. (“AFS”). Ameriprise Bank, FSB and AFS are subsidiaries of Ameriprise Financial, Inc. AFS financial advisers may receive compensation for the sale of banking products.
Ameriprise Bank, FSB provides mortgage loan products and services through a third party partnership with Embrace Home Loans, Inc. NMLS # 2184. Embrace Home Loans, Inc. is not a subsidiary of Ameriprise Bank, FSB
Ameriprise Bank, FSB has partnered with Embrace Home Loans * to provide mortgage products and services to its clients. Ameriprise Bank, FSB is not affiliated with Embrace Home Loans and does not accept mortgage loan applications. Ameriprise Bank, FSB may purchase and manage certain loans issued by Embrace Home Loans. Go to https://www.embracehomeloans.com/comingsoon for more information on our partnership with Embrace Home Loans. Ameriprise Bank, FSB does not warrant any products or services offered by Embrace Home Loans, Inc.
* Embrace Home Loans, Inc .: NMLS # 2184. 24 Enterprise Center, Middletown, RI 02842. 1-800-333-3004 (toll free). www.nmlsconsumeraccess.org. Permitted in all states except Hawaii and Nevada. AZ – Mortgage Banker’s License # BK-0906375; CA – Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act; CO – Regulated by the Real Estate Division, License # 096162; DE – Licensed by the Delaware State Bank Commissioner, License # 7317; GA – Residential mortgage license holder # 12848; KS – Supervised Lender License # SL.0000625; MA – Mortgage Lender and Broker License # MC2184; ME – Supervised Lender License; MO – 400 Chesterfield Center, Suite # 400, Chesterfield, MO 63017; MS – Approved Mortgage Company; NJ – Licensed by the New Jersey Department of Banking and Insurance; NY – Chartered Mortgage Banker-NYS Department of Financial Services, 100 Motor Parkway, Suite 159, Hauppauge, NY 11788; OR – License # ML-3228; RI – Rhode Island Licensed Lender and Mortgage Broker; WA – CL-2184 Consumer Credit Company License.
Ameriprise financial advisors may not arrange, promote or suggest that a client use the proceeds of a mortgage or home equity loan to purchase securities or other investment products offered by the advisor. financial.
The investment products are not insured by the Federal Government or the FDIC, are not deposits or bonds of, or guaranteed by any financial institution, and involve investment risks, including possible loss of principal and a fluctuation in value.
Investment advisory products and services are available through Ameriprise Financial Services, LLC, a registered investment adviser.
Ameriprise Bank, FSB. FDIC member.
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