Two roofs under one loan

Our Blanket Loan lets you finance multiple properties in Maine with a single mortgage—ideal for investors, second home buyers, or anyone managing more than one property. Apply online today, and we’ll help you move through the process with ease.

Finance Diverse Properties

We cover primary residences, second homes, vacation properties, condos, land, construction projects, and investment properties.

Simplified Valuations

For properties you own outright, we can use the tax-assessed value, saving you time and the expense of a full appraisal.

No Sale Contingencies

Make stronger offers with no sale contingencies. Purchase new properties without being held back by the sale of existing assets.

Local Expertise, Local Service

Partner with a lender who knows Maine. Experience the advantage of local decision-making and personalized service with PeoplesChoice.

One mortgage, unlimited possibilities

Discover the advantages of a PeoplesChoice Blanket Loan for maximizing your real estate investment potential.

  • Pay off your loan early with no penalty
  • With no sale contingencies, you can act fast
  • No minimum credit score opens doors to financing

Mainers choose PeoplesChoice

“PeoplesChoice Credit Union was helpful and responded quickly when I left them a message. They clearly explained issues to me and alerted me when information was needed in a timely way.”

Mike B.

“PeoplesChoice went out of their way to cater to my mortgage needs. I had several options to consider and they ran the “what if’s” quickly and narrowed my choices so it was easy to make a decision. I stopped the mortgage process for a couple of weeks and then reopened the application without any hassle or complication. Closing was today and went smoothly.”

Kathy M.

“PeoplesChoice Credit Union made the process very easy for us. He gave us good information about our different options and the pros/cons of buying points. The closing went on time and without a hitch.”

Sophie L.

“I love this credit union!! You have made life so easy, and you are all wonderful to work with. We were in the market for a new home in 2019 . The easy and friendly service; the people made it a stress-free project that has earned our continued business with you for every new adventure!”

Deborah F.

“Have always had amazing service and felt like a valued member and not just an account number—for over 40 years!”

Laurie H.

“I wish all banks/credit unions were as friendly and caring as PeoplesChoice Credit Union.”

Gregory G.

“My experiences with the people who represent PeoplesChoice have been informative, helpful, and very kind. I’m most grateful.”

Carol Anne

“I have never had a better banking experience. I love the service professionals. I have always gotten answers to any questions. It is so easy to bank here.”

Denise D.

Your Maine real estate loan experts

More than just a lender, PeoplesChoice is your trusted partner in real estate investing and second home purchases. We provide personalized guidance and support every step of the way, from application to closing and beyond.

Meet our loan specialists

Kurt Schickle

VP of Mortgage Lending
NMLS# 381206
Phone: 207.590.4151
Read about Kurt Email Kurt

Kyle Soule

Mortgage Loan Originator
NMLS# 1391609
Phone: 207.590.2634
Read about Kyle Email Kyle

Mikki Rooney

Mortgage Loan Originator
NMLS# 2044457
Phone: 207.671.9054
Read about Mikki Email Mikki

Spencer Plante

Mortgage Loan Originator
NMLS# 1736439
Phone: 207.571.5154
Read about Spencer Email Spencer

Trusted by Realtors. Built for Homebuyers.

“I had such a wonderful experience working with Kurt and his team. The blanket loan process was easy, and it gave me such an advantage of being able to buy a home without the condition of selling my condo first. I don’t think my offer would have been accepted without a blanket loan. It allowed me to get the beautiful home I have now.”

Chrissy

“Kurt Schickle, VP of Lending at PeoplesChoice, provided my clients with an excellent Blanket Loan, which was ideal of the competitive seller’s market we faced. This loan enabled my clients to finance both their current property and the home they wanted to purchase. With low inventory and numerous buyers, this option was perfect for them, allowing them to remain competitive in their search. They didn’t have to sell their home first, which would have imposed a contingency on their offer. This advantage helped them secure their new house, allowing them to prevail over other offers.”

Stephen

“This is our third time working with Kurt and the PeoplesChoice Lending team. This finance was a little more complicated as we were buying our new home before selling our existing home. We ended up going with a blanket loan after Kurt thoroughly explained our options. As always, the whole process was smooth and painless. After we sold our home, I only had to make a few phone calls to get the blanket mortgage transferred back into a conventional loan. I would highly recommend PeoplesChoice for your home financing needs.”

Laura

“Kurt and PeoplesChoice helped us with a blanket loan for a construction project we were doing. Kurt moved quickly and efficiently to get this done and not hold up construction. We were so happy with the process and the communication that we recommended PeoplesChoice and Kurt to dear friends of ours to purchase an island house using the same process. I have already been in touch with Kurt about our next project.”

Will

“This mortgage was a perfect tool for the job, and PeoplesChoice’s guidance was invaluable. I have already recommended it to colleagues.”

Frank

Current home lending rates

15-Year Fixed-Rate

APR as low as†
6.479%

30-Year Fixed-Rate

APR as low as†
6.814%
†Rates and Terms are subject to credit approval.

Have home loan questions?

Do you have questions about where you are in the process? We can answer your question via email. Want to setup an appointment? Let us know a time that works for you.

Our team will provide you with support whether you’re ready to purchase today or trying to take the first steps to homeownership.

 

Mailing Address

PeoplesChoice Credit Union
23 Industrial Park Rd.
Saco, ME 04072
NMLS# 449242