First Choice News

Vincent Biscotto Earns Certified Mortgage Planning Specialist (CMPS) Designation

HURST, TX (December 15, 2017) – New Jersey-based residential mortgage lender First Choice Loan Services Inc., a Berkshire Bank Company announces Vincent Biscotto, sales manager based in Hurst, Texas, has passed the qualifying exams to earn the Certified Mortgage Planning Specialist (CMPS®) designation granted by the CMPS Institute.  The CMPS Institute is a national organization that certifies mortgage bankers and brokers to help borrowers choose the right mortgage strategies.

 

“It’s really been a long time goal of mine to earn the Certified Mortgage Planning Specialist designation. I’m continuing looking for ways to increase my knowledge and expand my levels of service, and this was a clear next step,” said Biscotto. “By earning the CMPS certification, I am confident that the homebuyers, homeowners and business partners I serve will receive a home loan experience that will far surpass their expectations.”

 

The CMPS curriculum incorporates five essential skill sets including:

  1. Mortgage & Real Estate Taxation – how and why to understand the tax implications of various mortgage strategies
  2. Housing, Financial & Mortgage Markets – why interest rates fluctuate, and how to understand the housing, financial and mortgage markets
  3. Cash Flow Planning – how to reduce debt, improve cash flow & compare your options in the context of retirement planning, college funding, elder care, and other important life events
  4. Real Estate Investment Planning – how to reduce your risk, and compare the impact of various mortgage options on your rate of return
  5. Ethics and Compliance – how to experience the highest level of professional care, competence and communication during the mortgage and home buying process

 

“Your mortgage is most likely your single largest debt, and your home is most likely your single largest asset,” says Gibran Nicholas, Chairman of the CMPS Institute. “That’s why mortgage planning should be conducted with a mortgage professional who is properly trained and certified.”

 

Biscotto is a true mortgage professional. Vinny worked a majority of his career for banks such as Washington Mutual, World Savings, U.S. Bank and Fairway Independent Mortgage prior to joining the team at First Choice Loan Services. He has been involved in thousands of mortgage transactions from the submission stages through the closing of the loan, and has accumulated a wealth of knowledge that he shares with all of his clients to ensure they are fully informed on the process of purchasing a home. Biscotto can be reached at vincent.biscotto@fcloans.com or by calling 817.714.5090.

 

 

 

 

 

 

About Certified Mortgage Planning Specialists

 

CMPS Institute is a national organization that certifies mortgage bankers and brokers.  It provides mortgage planning certification, sales training and technology systems to banks, credit unions, mortgage companies and individual loan originators.  Their mission is to help homeowners and homebuyers improve their lives by using the right mortgage strategies. For more information on the CMPS, please visit CMPS Institute’s consumer web site at http://homeqb.com or call 888-608-9800.

 

 

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 22 locations across 11 states and over 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. To learn more about First Choice, visit https://fcloans.com/.

 

 

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 $9.3 billion in assets and 97 full service branch offices in Massachusetts, New York, Connecticut, Vermont, New Jersey and Pennsylvania providing personal and business banking, insurance, and wealth management services. The Company has a pending agreement to acquire Commerce Bancshares Corp., the parent company of Commerce Bank and Trust Company, a $2.2 billion bank with 16 branches in the Worcester, MA and Boston, MA markets. To learn more, visit www.berkshirebank.com, call 800-773-5601 or follow us on: Facebook, Twitter, and LinkedIn.

 

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