Rhode Island Mortgage.com requires the following for stated income mortgage loans: minimum middle credit of 640, 5 credit accounts (3 may be utilities, insurance, etc), two years employment with same employer, two months PITI reserves, 5% down payment from your own funds, and bankruptcy and foreclosure must be discharged for 3 years with reestablished credit.

 More Rhode Island Mortgage.com Stated Income Information:

• What is?
  
• Who is stated income used for?
  
• Terms
  
• Housing
  
• Qualifications
  

Rhode Island Refinance Mortgage

Rhode Island Mortgage.com has found that a small rate will often pay off quickly because we will waive the routine refinancing charges for a rate that is slightly higher than the current lowest rate. For those customers who are going to stay in their home for at least 5 years we sometimes recommend that you pay points and closing costs to get the lowest available rate. If you wish for the lowest rate but can't afford to put down the cash right now you may add the points and closing costs into the new mortgage and still receive the lowest rate. Rhode IslandMortgage .com does this because we believe in helping our customers in any way possible.

Rhode Island Mortgage.com 1st Time Home Buyers - Rhode Island Home Loans

Rhode IslandMortgage Loans.com understands that being a first time home buyer in Rhode Island can be very intimidating so we offer numerous programs to make this exciting opportunity less threatening. These programs include the HFA which offers low interest rates, MCC which features reduced taxes, and CHB which offers low down payments.

Let the locally owned and operated Rhode Island Mortgage Loans.com professionals help you with your first home.

Rhode Island Real Estate Informaion

• Providence
  
• Warwick
  
• Cranston
  
• East Greenwich
  
• Newport
  
• Coventry
  
• Narragansett
  
• Woonsocket
  
• Pawtucket
  
• South Kingston