What the AmeriSave Mortgage TV commercial - Mike the Cat Lady Man: Mortgage Rate is about.
In the AmeriSave Mortgage TV Spot, 'Mike the Cat Lady Man: Mortgage Rate,' we are introduced to a quirky character named Mike, who, despite his unusual title as the "Cat Lady Man," proves to be knowledgeable about mortgages.
Mike is seen playing with his cats on his couch, but suddenly, he puts down his feline friends and proceeds to speak directly to the camera. Mike then shares with us some of the essential things we need to know when applying for a mortgage, including the importance of having a good credit score.
As the video progresses, Mike appears to become more and more animated, excitedly sharing with us some of AmeriSave Mortgage's excellent rates, which he believes are fantastic. There are even some intentionally cheesy graphics thrown in, such as an image of a rocket ship blasting off, to highlight just how out of this world these rates are.
Overall, the TV spot is engaging, clever, and informative. It's a great example of how a company can take a traditional concept such as a mortgage rate and turn it into something fun and memorable. Additionally, it showcases that AmeriSave Mortgage is a company that values both knowledge and personality, making them an excellent choice for anyone on the market for a mortgage.
AmeriSave Mortgage TV commercial - Mike the Cat Lady Man: Mortgage Rate produced for
AmeriSave Mortgage
was first shown on television on February 11, 2021.
Frequently Asked Questions about amerisave mortgage tv spot, 'mike the cat lady man: mortgage rate'
AmeriSave Mortgage has been in operation for 20 years. The lender has an A+ rating from the Better Business Bureau and a 4.3 out of 5 stars (“Excellent”) from Trustpilot.
Company Overview. AmeriSave Mortgage Corp. is an online lender that has been in business since 2002. It was one of the first to offer an offsite digital mortgage experience for customers.
Amerisave Mortgage's competitors
- Amerisave Mortgage.
- Credible Labs.
- Forms Syntron.
- Ally Financial.
- iServe.
The best mortgage lenders
- Best for lower credit scores: Rocket Mortgage.
- Best for flexible down payment options: Chase Bank.
- Best for no fees: Ally Bank.
- Best for flexible loan options: PNC Bank.
- Best for saving money: SoFi.
2022 Top Overall Lenders
Rank | Company | Headquarters |
---|
1 | PennyMac Loan Services LLC | Westlake Village, CA |
2 | United Wholesale Mortgage | Pontiac, MI |
3 | loanDepot | Foothill Ranch, CA |
4 | Newrez LLC | Fort Washington , PA |
Patrick Markert Founder & Chief Executive Officer
Veteran technology entrepreneur Patrick Markert founded AmeriSave Mortgage in 2002 with the goal of making homeownership more affordable for more Americans.
This week, brokers received a message stating that AmeriSave Wholesale Mortgage Solutions (AWMS), the company's wholesale channel, is closing doors immediately but will honor the existing pipeline. Later, the company posted a message on its website. AmeriSave will not register new loans starting on Sept. 1.
Loan Factory was the top-ranked US mortgage broker company in 2022, closing 10,534 loans with a total volume of $3,342,975,374. They were established in 2006 and are headquartered in San Jose, California. Loan Factory offers both brokerage and lending services; however, their brokerage services are more widespread.
Current mortgage and refinance interest rates
Product | Interest Rate | APR |
---|
20-Year Fixed Rate | 7.93% | 7.95% |
15-Year Fixed Rate | 7.06% | 7.11% |
10-Year Fixed Rate | 7.05% | 7.10% |
5-1 ARM | 6.88% | 8.11% |
Conventional Fixed Rate Mortgages
Conventional Fixed Rate Mortgages
A mortgage in which the interest rate remains the same throughout the entire life of the loan is a conventional fixed rate mortgage. These loans are the most popular ones, representing over 75% of all home loans.
From 1971 to present, the highest average mortgage rate ever recorded was 18.63% in October 1981. Mortgage rates held steady above 18% in the two-month span between Sept. 10 and Nov. 12, 1981.
The first-rank mortgage is a term used to describe the priority of which lenders get paid first in case a borrower defaults.