First Choice Mortgage - Wausau

Making home ownership possible for everyone is our goal, whether you have perfect credit or not so perfect credit. When banks say no, we find a way to say YES. First Choice Mortgage currently has more than 20 locations serving Wisconsin, Illinois, Iowa, Michigan and Minnesota. Call or apply on line today and let us do the “shopping” for you.

We have access to more than 100 lenders across the United States with nearly every loan product available to the consumer at our fingertips, with the lowest rates and the most flexible loan programs combined with the least amount of hassles.

Specializing in new home purchases, first First-time homebuyers, second home purchases, construction and construction to permanent loans, refinances, refinances with cash-out, investment properties, reverse Reverse mortgages, second mortgages and home equity lines of credit. We have the loan for you!

Fixed Rate Mortgages
Conventional, FHA, VA, Wheda and non-conforming loans.
This is the most common type of mortgage that locks in your interest rate for the duration of the loan. Down payments start at zero.

• No down payment options available.
• No private mortgage insurance options available.
• 10, 15, 20, 25 and 30 year terms.
• No pre payment penalties.
• 100% financing Financing available!
• Primary, Second homes and investment properties. We offer 100% financing on investment properties

Construction Loans :
We offer construction and construction to permanent loans that have some very flexible options. We allow self-general contracted loans and “sweat” equity loans when most other lenders will not. Whether you have a general contractor or not, and If you have never built a home, call our specialists and they that can help guide you through every aspect of the process. We have helped people realize their dream home when most others would not.

Prior Bankruptcy, late payments, in credit counseling plan, call us!

Adjustable Rate Mortgages (ARM)
ARMs offer a lower initial rate and payment than traditional fixed rate loans. This allows many people to afford more home or save money if they plan to not have the loan out for long periods with minimal risk.

• 0% down available.
• No private mortgage insurance options available.
• 1,2,3,5,7, and 10 - year locks.
• No pre payment penalties.

Reverse Mortgages
We are one of only a few lenders in the state that are approved and qualified to offer this unique and valuable product to seniors. Governed by FHA and HUD guidelines, this loan for borrowers over age 62 can provide benefits that no other loan can.

• Federally federally insured and controlled.
• You remain in title of home until it is no longer occupied. Cannot lose home.
• No monthly payment!
• Access equity in home without having to sell.

The benefits are too numerous to mention. Call one of our reverse mortgage specialists today!