M&A Deal Summary

CrossCountry Mortgage Acquires First Choice Loan Services

On May 13, 2020, CrossCountry Mortgage acquired financial services company First Choice Loan Services

Acquisition Highlights
  • This is CrossCountry Mortgage’s 1st transaction in the Financial Services sector.
  • This is CrossCountry Mortgage’s 1st transaction in the United States.
  • This is CrossCountry Mortgage’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2020-05-13
Target First Choice Loan Services
Sector Financial Services
Buyer(s) CrossCountry Mortgage
Deal Type Add-on Acquisition

Target

First Choice Loan Services

East Brunswick, New Jersey, United States
First Choice Loan Services, Inc. provides a wide range of mortgage products including FHA and VA loans, fixed and adjustable-rate mortgages, refinancing options, Jumbo loans, and renovation mortgages. First Choice Loan Services was formed in 2009 and is based in East Brunswick, New Jersey.

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Buyer(S) 1

Buyer

CrossCountry Mortgage

Brecksville, Ohio, United States

Category Company
Founded 2003
Sector Financial Services
DESCRIPTION

CrossCountry Mortgage LLC a nationwide mortgage lender that offers a broad portfolio of the home purchase and refinance programs ranging from conventional and jumbo mortgages to government-insured programs for veterans and rural homebuyers. Additional options include down payment assistance, home equity products, and expedited closing programs. CrossCountry Mortgage was formed in 2003 and is based in Brecksville, Ohio.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1