Due to the fact that First Choice America is a non-profit organization and we aren’t worried about making money for investors we don’t know, we pass along the savings to the investors we do know, our customers. Another advantage of taking out your mortgage loan with us is that you will know who your loan servicer is, US! We will do our best to make your dreams of buying a home come true.
So you’ve done your due diligence and after looking at more homes than you can count, you’ve found the one you love. What’s next? For members of First Choice America, it’s simple. Meet with one of our Mortgage Loan Originators and we will start the process of savings for you!
Our lending area includes Hancock, Brooke, Ohio, and Marshall Counties in West Virginia, Jefferson, Columbiana, Belmont, and Harrison Counties in Ohio, and Allegheny, Beaver, and Washington Counties in Pennsylvania.
Membership eligibility is required. Please refer to Member Information. For more membership information click on the following link: Membership
NMLS# 411557 Please click on the link for a list of our Mortgage Loan Originators and Nationwide Mortgage Licensing System (NMLS) IDs: Mortgage Loan Originators
Fixed Rate Loans
| Rate | 5.00% | 5.50% | 5.25% | 5.75% | 5.50% | 6.00% | 5.75% | 6.25% |
| Term | 10 Years | 10 Years | 15 Years | 15 Years | 20 Years | 20 Years | 30 Years | 30 Years |
| Points | 2 | 0 | 2 | 0 | 2 | 0 | 2 | 0 |
| Down Payment | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% |
| Monthly Payment* | $594.32 | $608.10 | $450.44 | $465.30 | $385.44 | $401.44 | $327.00 | $345.00 |
| Annual Percentage Rate* | 5.446% | 5.506% | 5.566% | 5.755% | 5.752% | 6.005% | 5.941% | 6.255% |
* The above monthly payments and APRs are based on a purchase price of $70,000.00, a 20% down payment of $14,000.00, and a loan amount of $56,000.00. Stated rates are subject to change at any time. Property insurance required. Payments do not include amounts for taxes and insurance.
Other Fixed and Adjustable rates, terms and points are available
Up to 95% financing available to qualified borrowers for both fixed and adjustable rate first mortgage loans. Private mortgage insurance is required on all first mortgage loans with greater than 80% financing. Private mortgage insurance premiums will increase the stated APR and monthly payment amount.
**Add .375 to any above stated rate for loan amounts greater than $417,000.00
Up to 80% financing is available for new home construction at the rates, terms, and points stated above.
Rates are effective December 12, 2024
Rates Subject to Change Daily
