Are you considering buying a home in Rhode Island but feeling overwhelmed by the process? There’s a lot to take in, from finding the right real estate agent to learning about mortgages. Understanding mortgage interest rates is one of the most critical steps when purchasing your new home. Knowing what influences …
What is Vacant Land Lending?
Vacant Land Lending or Land Loans share many similarities with mortgages. Both are forms of financing used to obtain property; however, unlike a traditional mortgage, there is no home to use as collateral. Many homebuyers and investors consider this option if they have the expertise in building homes from …
More flood insurance options for some Rhode Island homeowners
Homeowners with FHA Mortgages in RI now have more options when buying flood insurance Rhode Island has beautiful coastal areas and rivers throughout its cities, and towns. Flooding is a part of life in Rhode Island. Providence, Warwick, and Kingston as well as other areas are at risk because of the coastline, major …
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