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

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

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.