If you live in Tennessee or Kentucky, the answer is “probably not.”  Over 85% of property in these states will qualify for 100% financing.  If you are buying in an area that does not qualify there are down payment assistance programs.  Speak to a First Choice Lending representative to learn more about your options.

At First Choice Lending Services, we offer a variety of programs for those with varying credit scores.  We offer financing to borrowers with credit scores as low as 550, but 620 is the magic number to qualify for 100% financing.

Absolutely!  Our staff includes advisory loan officers who specialize in consulting with customers about their credit scores.  The loan officers will look at your financial situation and show you how you can improve your credit in as little as three business days.  It’s imperative to raise your credit score because it helps you qualify for your loan and may lower your interest rate.

The answer to this question depends on your needs. Do you mind paying rent? What about paying maintenance and upkeep costs? Do you hate handing money to your landlord knowing your rent builds him equity? Are you ready to build a long-term life for you and your family?

Making the leap to buy is a big decision. It pays to remember that all across the country the cost to rent far exceeds the cost of home ownership. If you would like to discuss your situation our customer service team is here to help you weigh your options. We can review your finances and our experts can help you make the best choice.

Following the market crash in the late 2000’s, media outlets spread the belief that obtaining a mortgage was out of reach for most potential homeowners. This is not true.  Congress passed laws to protect both consumers and lenders.  There are still fantastic programs available, even with 100% financing.

Yes, and you should! Different companies offer different financing offers to their customers. We know that one size does not fit all, and as a result First Choice Lending Services features very different loan programs from our competitors. Call our customer service team to learn more about our personalized financing options.

Not at all. First Choice Lending Services is committed to turning our customers into homeowners. We offer financing packages with customers with prior foreclosures and bankruptcies in as little as two years after the event.

As a Veteran Affairs lender, we have direct access to help obtain your Certificate of Eligibility (COE). We will review your financial history and approve your income. Then we will obtain your COE so we can issue you the commitment to buy.

Most loans will close in 21-30 day, but this is just an average. Depending on the type of mortgage you choose and your individual circumstances, closing could happen much faster or it could take a little longer.

The short answer is no. Because you are shopping for a home loan, you can have multiple credit pulls within a 30-day timeframe and it will only show as one inquiry at the bureau level. First Choice Lending Services maintains your credit report for up to 120 days before it needs updating.