Buying a house is an exciting adventure, and we want to help you navigate your mortgage loan options so you get the right type of home loan with the best terms. I'm Jimmy Vercellino, an experienced professional with mortgage lender First Choice Loan Services. My team and I will work hard to provide a timely, efficient and excellent home loan process for you.
YOU are our priority, and with the wide range of mortgage loans available, we’ll steer you to the right home financing option that best meets the needs of you and your family. Call today, or fill out our application form and we’ll get right back with you. We look forward to serving you to the best of our ability!
You’re in the process of buying a home. Everything looked great, but then your mortgage loan was denied even though you were pre-approved. Is this possible, and how can this happen, are probably questions you’re asking. The sorry truth is that it is possible to be pe-approved for a mortgage loan and still be denied later. Here are 5 reasons why this could happen.Read More
Being pre-qualified and/or pre-approved for a mortgage loan can be quite helpful. While these two terms are often used interchangeably, they are two different things. Here is the difference between being pre-qualified and pre-approved.Read More
When in the process of seeking a mortgage, there are several pieces of documentation needed. The complete list of requirements is slightly different from one person to the next, but there are some universal pieces of documentation that are mandatory for all mortgage applicants. Let's look at those that are consistently required.Read More
For most mortgage borrowers, there are three major loan types: conventional, FHA and VA. Which one you choose depends upon your down payment, credit record, military service and other factors. We can help you determine which is the best option for you.
A conventional mortgage is a home loan is the most typically used home loan. It conforms to the loan limits set forth by Freddie Mac and Fannie Mae, and is not guaranteed or insured by the federal government. You can get a conventional loan at a fixed or adjustable rate.
An FHA home mortgage loan is often used for first time home buyers, but is available to anyone. The down payment is only 3.5%, and accepts lower credit scores than conventional loans. The interest rate will be higher, but qualifying for the loan is easier.