Mortgage Equity Partners of Rhode Island
Providence Branch
Why a local lender is better than a mortgage broker When it comes to securing a mortgage, homebuyers often face a decision: should they go through a mortgage broker or work directly with a local lender? While both options can help you secure financing for your Rhode Island home, there are distinct advantages to …
Continue Reading about Top 6 reasons to use a local lender vs a mortgage broker
Thanksgiving and homeownership: a time for reflection, gratitude, and growth Thanksgiving is a time to reflect on what we are thankful for, to gather with loved ones, and to share in the warmth of home. For many, it's a holiday steeped in tradition—cooking family recipes, watching the parade, playing football in the …
Is now a good time to refinance? Refinancing can be a good financial move depending on several factors, such as interest rates, your credit score, and your long-term financial goals. Right now, interest rates have fluctuated due to recent changes in the economy, so the best time to refinance is when you can secure a …
RIHousing Extra Assistance Loan: up to $20,000 Buying a home in Rhode Island just got easier! RIHousing’s Extra Assistance Loan (EAL) is now available, offering significant financial support to Rhode Island homebuyers. The EAL program guidelines make homeownership in Rhode Island more affordable, opening a world of …
RI Statewide DPA Grant Program offering $15,000 grants RIHousing has renewed the RI Statewide DPA Grant Program offering $15,000 grants to assist with down payment and/or closing cost assistance. RI Housing's $15K DPA provides $15,000 in assistance for down payment and closing costs through a zero percent (0%) …
Get off the sidelines and look for your new house! Homebuyers are on the fence today about whether to enter the market or stay put. First-time homebuyers who are still renting hope rates and prices will come down. Now that we are entering the spring homebuying season and none of those things have happened, lenders …
Continue Reading about MEP’s Rate Protection Program is a win-win for borrowers!
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