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Home > Financial Services > Mortgage Brokers > First Choice Mortgage
First Choice Mortgage
A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
The current President, John Knowlton, established First Choice Mortgage in 1993 in Waukesha, Wisconsin. The firm has expanded across the Midwest and into other parts of the country. As they continue to grow, they remain committed to extraordinary customer care and building long-lasting relationships. They are proud that 80.1 percent of their customers are past customers or customers referred to them.
The Company provides the best service to their customers and partners with the highest level of honesty and ethics. A mortgage broker counsels you on the loans available from different wholesalers, takes your application, and usually processes the loan which involves putting together the complete file of information about your transaction including the credit report, appraisal, verification of your employment and assets, and so on. When the file is complete, but sometimes sooner, the lender underwrites the loan which means deciding whether or not you are an acceptable risk.
First Choice Mortgage will continue to grow through superior customer service, outstanding professionalism, and uncompromising integrity. Ethical and honest business practices are essential to building long-lasting relationships. They have always made a commitment to uphold the highest values, and will continue to adhere to that promise in the future.
The Company also assists you through six basic steps in procuring a loan for buying a house or renovation of your home such as getting your documents organized, convincing the loan company that you qualify for the loan, explains the best loan plans from various companies available within your budget, applies for the loan, obtains approval for the loan, and assists in closing the loan.
The Company is exceptionally proficient at grabbing promising opportunities. The Company continues to expand its horizons in finance setting standards of excellence in multiple fields and transforming promise and potential into economic realty.
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