|
|
|
|
Rhode Island Home Financing
Although there are many options
for your first mortgage loan in Rhode Island, they all fall into one of three general
categories: fixed rate mortgage, adjustable rate mortgage, and balloon mortgage.
In a fixed rate mortgage, your monthly payments for interest and principle stay the
same for the life of the loan. Your property taxes and homeowners insurance may increase,
but generally your monthly payments will be very stable.
Fixed rate mortgages are available for 30 years, 20 years, and 15 years. You may
even want to check into local Rhode Island lenders who offer "bi-weekly"
options, which actually shorten the loan by calling for half the monthly payment
every 2 weeks.
If you feel that a fixed rate is too demanding financially, you might want to consider
an adjustable rate mortgage (ARMS) also called a variable rate. These loans generally
begin with an interest rate 2-3 percent below a comparable fixed rate mortgage. An
adjustable rate may also allow you to buy a more expensive home. The down side is
that the rate changes at specific intervals based upon market conditions. If interest
rates go up, so does your mortgage payment.
The final loan category you may want to consider is the balloon mortgage. These mortgages
offer low, fixed rate payments of a 30-year loan, but instead have a term of five
to seven years and then end with a single large "balloon" payment for all
the remaining principle. It can be a good choice if you know you'll only be in your
home for a short time.
|
| |
| Our featured Rhode Island Home
Financing partners: |
 |
|
GuideToLenders
 With
interest rates at all-time lows, there has never been a better time to refinance.
Take advantage of getting additional cash out to improve your home, buy a new car,
or pay for a child's education. GuideToLenders.com will provide you with competitive
loan quotes from up to four lenders. Different types of refinance loans offered are
30-year fixed, 15-year fixed, adjustable rate, and interest only. You'll receive
the best rates and options available, regardless of your credit. It takes less than
a minute to apply, and you have nothing to lose. Find your refinance loan right now.
>Request for more
information today. |
| |
|
GuideToLenders
With
interest rates at all-time lows, there has never been a better time to get a home
equity loan or line of credit. Need money to improve your home? Maybe you need
a new car, or need funds to send a child to college? Whatever the reason, your home
is an excellent source of cash. GuideToLenders.com will provide you with competitive
loan quotes from up to four lenders. You'll receive the best rates and options available,
regardless of your credit. Your interest on these loans may even be tax deductible.
It takes under a minute to apply, and you have nothing to lose. Find your home equity
loan or line of credit right now.
>Request for more
information today.
GuideToLenders
A
debt consolidation loan may be the solution you need for mounting debts. By
tapping into your home's equity, this type of loan enables you to pay off all your
existing debts with one loan. The interest on this new loan may even be tax deductible.
At GuideToLenders.com, you'll receive loan quotes from up to four competing lenders.
And don't worry if your credit is less than perfect. It takes under a minute to apply
and you have nothing to lose. Get started.
>Request for more
information today.
GuideToLenders
You
found the perfect home -- now you need the perfect loan. Imagine having
the best mortgage lenders competing for your business. At GuideToLenders.com, up
to four lenders will provide you with the best rates and options available. Whether
you have excellent credit or have declared bankruptcy, our lenders are eager for
your business. Different types of first mortgages offered are 30-year fixed, 15-year
fixed, adjustable rate, and interest only. It takes less than a minute to apply,
so get started right now.
>Request for more
information today. |
| |
|
MoneyNest
MoneyNest can help you search through hundreds of lenders and to find the most competitive
rates. Get loans for mortgage refinancing, second mortgages, a home equity line of
credit, home improvement, or debt consolidation. No fees are required and all credit
histories are considered. Fill out a single application and get up to 4 FREE quotes.
>Request for more information today. |
|
| |
|
Countrywide
Home Loans
Qualified homeowners -  even those with less-than-perfect credit
- may now access their home's equity to get cash, consolidate debts, and lower monthly
expenses. Countrywide Home Loans may also help applicants who are self-employed or
have high consumer debt. We offer competitively priced home loan programs, including
fixed rate, adjustable rate, refinance and home equity loans.
>Contact us today
for a free loan consultation. |
| |
|
DebtWave
Credit Counseling, Inc.
DebtWave Credit Counseling, Inc. offers a program to its clients that enables them
to repay their debt in a timely fashion. We specialize in working primarily credit
cards; however, we are usually able to assist clients with any bills that are considered
to be unsecured. Below is a list of benefits that we are typically able to obtain
for our clients:
 - Reduce your interest rates
- Lower your monthly payment
- Consolidate into one monthly payment
- Eliminate late & overlimit fees
- Stop harassing phone calls (if behind)
>Request for more information today. |
| |
|
Our featured partner for Investment
Assistance:
I NVESTools
The advantage of having an easy-to-follow, step-by-step investing process with easy-to-use
Web-based tools is that you rely on facts to make decisions - not emotions. The benefits
are less stress, better results and, dare we say it, fun.
> Request more information
today |
| |
|
|
|
|
|
Tell
a friend