At First Choice Mortgage, we’re going to unveil the big mystery behind mortgages. Many banks and lenders use a “one-size-fits-all” approach to lending. At First Choice, we strive to be the top mortgage lenders in Georgia. That’s why we consider all the financial factors affecting your mortgage and help you strike the right balance. We don’t just offer one quote. We shop for the mortgage that’s right for you. Then, we give you the best rates and closing costs around.
When you’re buying a new home, different situations require different approaches. Work with our team at First Choice Mortgage and learn more about the various loan programs and mortgage rates we have available to you.
Mortgage Programs with First Choice Mortgage
This first program is a favorite for homebuyers with excellent credit and money to put down. Conventional mortgages from First Choice include fixed rate mortgages, adjustable mortgages, and jumbo mortgage. This typically requires a 3–20% down payment. This program will result in immediate equity in a new home. First Choice also offers second home loans and investor loans.
Our FHA mortgage program is an ideal solution for those with less-than-ideal buying power with flexible qualification guidelines. First Choice Mortgages FHA-insured loans are specifically designed to benefit first-time home buyers and also buyers who may not have the perfect credit. This is also a great option for someone that does not have a lot of money to put down for a home.
USDA rural housing
First Choice Mortgage offers homebuyers in rural areas with government-backed, affordable USDA home loans. We can provide 100% financing for homebuyers in defined rural development areas.
VA home loans
VA home loans have favorable loan terms and interest rates for military personnel. First Choice Mortgage proudly offers a variety of loan products that serve the home financing needs of active-duty military and veterans nationwide.
This option is an excellent alternative for those wanting to buy or refinance a fixer-upper. First Choice Mortgage FHA and conventional renovation loans are for people wishing to purchase or refinance a fixer-upper.
With this loan, it will include the costs to repair and remodel the property all in a single loan. Also, the VA renovation loan allows a buyer to fix up or renovate a home they are purchasing.
Refinancing Your Mortgage
It’s a good idea to look at refinancing your home. With interest rates at historic lows, now is the time for you to weigh the costs and benefits of refinancing your mortgage with First Choice Mortgage.
FHA and VA Streamline Refinance
When you streamline refinance, this is the simplest and fastest way to refinance on an FHA or VA-Insured Loan . Qualified FHA-and VA-insured homeowners may use this loan to refinance their home without providing proof of income and possibly without a home appraisal.
Self-employed bank statement loans
First Choice Mortgage offers self- employed buyers bank statement-only loans with no tax returns needed. These are 12 and 24-month bank statement programs.
By using the All-in-One loan, you can lower your loan’s principal faster. When you do this, you could potentially save tens of thousands of dollars in valuable interest. Best of all, the All-in-One loan provides flexible access to your home’s equity dollars for 30 years without forcing you to refinance.
There are so many benefits! It’s flexible, easy to use, and will change the way you think about mortgages and your money.
The Only Thing You Have to Lose Is Years off Your Mortgage
While you are looking to purchase your new home, the most important thing you will need is a lender who understands your situation, as well as your goals. Contact Us Today to help guide you to find the right home loan but also holistically with the entire home loan process. We are here for you.