First Choice News

Chad Wellhausen Joins First Choice Loan Services Inc.

Chad Wellhausen NMLS # 850225

DALLAS, TX (February 25, 2019) – New Jersey-based residential mortgage lender First Choice Loan Services Inc., a Berkshire Bank Company announces the addition of Chad Wellhausen as branch manager based in Dallas, Texas.


Beginning his career in the mortgage industry in 2011, Wellhausen previously worked at Great Western Financial Services, PrimeLending, and BBMC Mortgage.


There were several reasons Wellhausen chose to join First Choice Loan Services.


“While looking for a new professional home, my research uncovered a lot about First Choice Loan Services. With the backing of Berkshire Bank, the company has a strong and stable platform, something especially important in the current environment. It also offers rates and pricing that make it competitive in today’s market. Even above all that, the major deciding factor to move to First Choice Loan Services is the people,” said Wellhausen. “It’s clear that every department dedicates itself to deliver seamless mortgage experiences for all our borrowing families and business partners. From Processing to Underwriting to Marketing to Technology, I’m confident each area will help me serve my clients better than ever before.”


First Choice Loan Services’ Executive Vice President of National Production James Iley is very glad for Wellhausen to become a member of the team.


“Its extremely exciting to have Chad join us at this time. Having recently been named Top Mortgage Employer by National Mortgage Professional Magazine, ranked as one of the Fifty Best Mortgage Companies to Work For by Mortgage Executive Magazine and ranked for Top Overall Volume by the Scotsman Guide, First Choice Loan Services is experiencing wonderful momentum. I’m confident Chad’s leadership as branch manager will enhance this,” said Iley. “Chad brings an inherent knowledge of loan program and guidelines. This combined with this commitment to his clients will ensure his continue success. We look forward to backing him in every way as he continues to build the name and reputation of First Choice Loan Services in Dallas and the surrounding communities.”


Wellhausen earned a degree from Mississippi State University. When not working, he excels at golf, having been a two-time All-American, a two-time All-Southeastern Conference, a two-time Southeastern Conference Team Champion, and having played professionally for eight years. Wellhausen can be reached at or by calling (972) 998-7318.







About First Choice Loan Services Inc.

First Choice Loan Services Inc., a Berkshire Bank Company is headquartered in East Brunswick, New Jersey. Founded in 2009, the company is licensed to originate and close residential mortgage loans nationwide, excluding Arkansas and New York. With 34 locations across 12 states and close to 500 employees, First Choice Loan Services Inc. offers FHA and VA programs, Jumbo loans, fixed and adjustable rate loans, and refinancing and renovation programs. First Choice Loan Services Inc. is an Equal Housing Lender, NMLS #210764. Licensed by the New Jersey Department of Banking and Insurance. AZ BK# 0918586. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. Products and services not offered in state of New York.  To learn more about First Choice, visit


About Berkshire Bank

Berkshire Hills Bancorp (NYSE: BHLB) is the parent of Berkshire Bank, America’s Most Exciting Bank®. The Company, recognized for its entrepreneurial approach and distinctive culture, has $11.6 billion in assets and 113 full service branch offices in Massachusetts, New York, Connecticut, Vermont, New Jersey and Pennsylvania providing personal and business banking, insurance, and wealth management services.  Berkshire Bank was named one of Massachusetts Most Charitable Companies in 2017 by the Boston Business Journal.   To learn more, visit, call 800-773-5601 or follow us on: Facebook, Twitter, and LinkedIn.


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