Mortgage Corporation AmeriSave Invested Record $ 23 Billion in the First Half of 2021 | news

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ATLANTA, Jul 29, 2021 / PRNewswire-PRWeb / – Mortgage Corporation AmeriSave, one of the fastest growing private mortgage lenders in the country, announced today that the company had surpassed its annual forecasts for the first half of 2021, surpassing all 2020 figures.

Compared to last year from January – June 2020 AmeriSave alone funded a combination of nearly 80,000 refinancing and purchase loans. This represents an 86% increase in refinancing transactions and an extraordinary 780% increase in purchase transactions year over year. During this time, AmeriSave has funded record $ 23 billion in kind compared to January – June 2020 from $ 6.7 billion in volume. In addition, the company experienced a 238% increase in funded refinanced borrowers and a 906% increase in funded borrower-buyers, and financed more customer purchase clicks in Q2 2021 than in all of 2020.

“The success achieved by AmeriSave this year has been remarkable,” said Mike Burt, President and Chief Operating Officer, AmeriSave Mortgage Corporation. “Adaptability and innovation are second nature, and without them our team would not have achieved these achievements. They are fundamental to our growth, which ultimately benefits our clients by giving them more room for savings when it comes to investing in a home. I ”I can’t wait to see what we can do in the remaining months. I am confident that we will continue to deliberately destroy the industry. “

In addition, AmeriSave opened its wholesale business in June, which operates as AmeriSave Wholesale Mortgage Solutions. To date, the department has more than $ 250 million in development and added over 250 new brokers to the team.

“Our wholesale business has grown rapidly and exceeded all expectations,” said Michael Brenning, President of Wholesale Lending at AmeriSave Mortgage Corporation. “At such a fast pace, our goal is to close five billion dollars by the end of the year and beyond, we want to become one of the two largest wholesale lenders in the country. We not only want to be the best, but we also want to be the most trusted name in the industry. “

To remain the industry leader, AmeriSave continues to adapt to consumer needs. Thanks to these changes, the company was able to serve more customers in the first half of 2021 than in all of 2020. Additional important and effective new offerings include the AmeriSave Lock and Shop option, Certified Letter of Approval, and the RefiNow program. Detailed information about each of them is given below:

  • Lock and Shop offers home buyers the opportunity to shop around the home with peace of mind, not only knowing what they can afford, but the freedom to focus on finding their dream home without worrying about price fluctuations.
  • A Certified Confirmation Letter is considered the second most important cash offer because it gives buyers a competitive edge over other buyers.
  • RefiNow is a new program that was specifically designed to help low-income homeowners who still have not benefited from almost historically low rates, and has been refinanced with a cash loan for an appraisal.

Known as a pioneer of digital origins, AmeriSave simplifies the online loan process and offers low rates for a variety of products including regular, large, FHA, VA and USDA loans. Many AmeriSave customers choose to “self-service” all or most of their lending transactions with intuitive software that increases the speed and dramatically reduces the cost of disbursing loans. In turn, AmeriSave passes these savings on to thousands of customers every month.

To learn more about AmeriSave or to apply for available jobs, visit https://www.amerisave.com/

About mortgage corporation AmeriSave

Founded in 2002, AmeriSave Mortgage Corporation is a leading mortgage lender best known as the pioneer in providing borrowers with the first truly digital mortgage. With six major lending centers located throughout the United States, AmeriSave is a direct consumer lender licensed in 49 states and approved by the District of Columbia, FNMA, FHLMC, GNMA. For more information visit amerisave.com… Identification number NMLS 1168.

Media contacts

Taylor tyner, Serendipit Consulting, 6022835209, TAYLOR@SERENDIPITCONSULTING.COM

SOURCE AmeriSave Mortgage Corporation



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