£500,000 Mortgage Over 10/15/20/25 Years

In the UK we have seen large increases in property values, this has resulting in people needing larger and larger mortgages. First Choice Finance have seen an increase in applications for £500,000 mortgages and upwards.

Whether you are looking to purchase a property with a £500,000 mortgage or looking to remortgage a property you already to own First Choice Finance may be able to help.

When you enquire to us for a mortgage we will discuss your personal circumstances and start the search for a mortgage plan that best suits your requirements and needs.

We can help you compare the different mortgage quotes and give you competitive mortgage quotes varying the mortgage terms, offering you mortgages over 10 years up to 25 years, the longer the term the more affordable the mortgage will be on a month by month basis, although you will be paying back more over the term of the mortgage.

First Choice Finance is a mortgage company, that gives our customers a personalised home refinance, home equity, home mortgage service. We have a a panel of lenders to provide you the best available mortgage loan rates that meet your individual circumstances.

First Choice Finance is committed to offering only the highest quality professional home financing services. We offer ethical and professional mortgage advice and services to all our clients.

We treat each customer and all associates in the mortgage related fields with respect, courtesy and professionalism throughout the mortgage / remortgaging process.

Here is just part of what we do to achieve our goals and to help make the financing of your home proceed as smoothly as possible:

- Discuss and explain different lending options and programs that may best fit your qualifications

- Analyse your income and debt and pre-qualify you to determine the loan products that may best fit your qualifications

- Assist you with the mortgage application and necessary paperwork

- Collect financial information and other related documents that are part of the application process

- Provide financial disclosures pertinent to your mortgage loan application

- Secure the mortgage plan and rate to suit your specific needs

- Obtain a residential mortgage credit report and verify the credit information

- Coordinate the appraisal process and review the final appraisal to ensure it meets the lenders requirements

- Research, verify and evaluate the employment and income history as needed

- Verify source of funds and/or deposits to close as needed

- Inform you of any conditions to be satisfied prior to final loan approval or closing

- Schedule and coordinate the closing with all parties to the transaction

- Inform you as to what to expect at the closing and how the closing process works

- Maintain regular contact with all parties to the transaction between the time of application and closing

Why apply with First Choice Finance?
First Choice Finance offers you a personalised mortgage service, helping you throughout the process from beginning to end.

Personalised Mortgage Loan Service - To answer all of your questions and assist you throughout the loan process, you get one key contact of a qualified mortgage adviser with experience and expertise helping people in all different types of circumstances arranging a mortgage.

Home Purchase and Home Refinance - Our selection of lenders offer some great rates and superior personalised service for new home loans and home refinance.

Home Equity Loans - Get a home equity loan to add on a new room, remodel your kitchen or bathroom, payoff those high-interest credit cards, or go on your dream vacation!

We have different mortgage products to offer and to meet your needs:
First mortgages (fixed and variable)

Equity release second mortgages

You can fill an online mortgage application for the following mortgage services provided by First Choice Finance

New mortgages
Home equity loans
Home refinance mortgages
Debt consolidation mortgages

What`s the difference between a mortgage broker and a lender?

A mortgage broker counsels you on the mortgage options available from different mortgage providers, mortgage broker takes your application, and usually processes the mortgage 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 mortgage which means deciding whether or not you are an acceptable risk. As a mortgage broker with over 30 years experience offering mortgage advice, we can help you find the mortgage that best suits your circumstance, comparing mortgage plans from multiple mortgage lenders.

Mortgages & Remortgages 8.4% APRC. Representative Example: Borrow £120,000 over 25 years at 5.99%, £778.86 pcm fixed for 3 years at 60% LTV. Then at 8.75%, £974.86 pcm, variable for 22 years. Total payable £286,416. Total cost of credit £166,416 (including: £985 broker fee, £999 lender fee & £164,432 interest)

Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home. We Advice Upon & Arrange Mortgages & Loans. We Are Not A Lender.

First Choice Finance is a trading style of First Choice Funding Limited of 54, Wybersley Road, High Lane, Stockport, SK6 8HB. Copyright protected.