SOURCE: Guaranteed Rate

Guaranteed Rate

April 07, 2016 08:11 ET

Guaranteed Rate Encourages Borrowers to Compare Rates in New Television Commercial

CHICAGO, IL--(Marketwired - April 07, 2016) - Guaranteed Rate, the eighth largest retail mortgage lender in the nation and an industry technology leader, emphasizes the importance of comparing mortgage options to find the lowest rate in its latest national television campaign featuring company spokesperson and home improvement celebrity Ty Pennington.

The commercial, titled "Double Dare," challenges consumers to shop and compare mortgage options to find the lowest interest rate for their home loan. Guaranteed Rate's goal is to remind borrowers that choosing a mortgage rate that is even a faction of a percentage point lower can result in significant savings. For example, when applying for a new 30-year purchase mortgage with a loan amount of $300,000, choosing an offer with a 3.25 percent interest rate versus an offer with a 3.50 percent interest rate could save over $15,000 in interest over the life of the loan.

"Guaranteed Rate built our company on the goal of providing customers with the very best service, product and interest rate possible," said Victor Ciardelli, Guaranteed Rate President & CEO. "We invite all borrowers to take just a few minutes to compare Guaranteed Rate's low, low rates to see if they can save money on their mortgage."

To watch "Double Dare" instantly, view the commercial on Guaranteed Rate's YouTube page.

About Guaranteed Rate

Guaranteed Rate is the eighth largest retail mortgage lender in the U.S. The company has become The Home Purchase Experts® by introducing the world's first Digital Mortgage and offering low rate, low fee mortgages through an easy-to-understand process and unparalleled customer service. Headquartered in Chicago with approximately 175 offices across the U.S. and licensed in all 50 states, Guaranteed Rate has helped hundreds of thousands of homeowners with approximately $100 billion in home purchase loans and refinances since 2000 and $18 billion in 2015 alone. Guaranteed Rate was ranked No. 1 in Scotsman Guide's Top Mortgage Lenders 2015 honors and was named one of Chicago's Top Workplaces by the Chicago Tribune in four of the past five years. In 2015, Guaranteed Rate was recognized as one of Inc. 5000's Fastest Growing Companies in America. Visit for more information.

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