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Welcome to Rhode Island Mortgage. Whether your a seasoned home buyer or this is your first time trying to finance a home, Rhode Island mortgage is here to help. The following information
has been compiled to help you make your home buying process a simple one. Please choose a link from below to continue.
How is a credit rating determined?
Information on your credit, capacity, collateral, and character; the 4 factors a mortgage lender will consider when determining your borrowing power when trying to get a home loan.
Traditional vs. Pre-Approved Mortgages
While most home buyers use the more traditional method of trying to obtain a mortgage after drafting an offer for a home, there is a better alternative available to most people - the pre-approved mortgage.
Are there Different Types of Mortgages?
Yes, there are three different types of commonly issued mortgages, each with their own advantages and pitfalls. Click here for information on the different types of home loans available,
and how to choose which is most appropriate for you.
Finding Mortgage Lenders in Rhode Island
Click here for a comprehensive directory of different mortgage lenders in the Rhode Island area.
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