Navigating closing cost assistance Closing cost assistance can significantly benefit first-time homebuyers and lower-income buyers. Understanding the types of assistance available and how to qualify can help ease the financial burden of purchasing a home. This guide will expand on closing cost assistance, who …
A complete guide to closing costs for mortgages
A complete guide to closing costs Buying a home is an exciting milestone, but it comes with significant financial responsibilities. One of the key expenses you’ll encounter is closing costs. Understanding these expenses is crucial for all Rhode Island borrowers, especially first-time homebuyers. These additional …
Continue Reading about A complete guide to closing costs for mortgages
How to get a mortgage pre-approval
What is the Cash Ready Plus Program? A mortgage pre-approval is designed to make the homebuying process easier. Getting a fully underwritten pre-approval from Mortgage Equity Partners means your loan officer and an underwriter have thoroughly reviewed your financial position. By issuing a pre-approval letter, we are …
How to remove a Hubbard clause
How to sidestep the Hubbard clause… The Hubbard Buster, a unique bridge loan offered by Mortgage Equity Partners, is a game-changer in a competitive housing market. It allows you to use the equity in your current home to buy a new one without making monthly payments on the bridge financing. This means you can make …
Why summer is ideal for home renovations
The best renovations to get this summer The warm weather and extended daylight hours make summer ideal for home renovations in Rhode Island. You can work on indoor and outdoor projects without worrying about extreme weather conditions. Plus, the kids are out of school, making it easier for the whole family to get …
Continue Reading about Why summer is ideal for home renovations
Unlocking the benefits of mortgage refinancing
Refinancing your mortgage-discover the benefits Refinancing your mortgage can be a strategic move to improve your financial health. There are various reasons to consider refinancing for Rhode Island homeowners. You may want to consolidate debt and free up monthly cash flow or access your equity for home upgrades or …
Continue Reading about Unlocking the benefits of mortgage refinancing
