Mortgage Equity Partners of Rhode Island
Providence Branch
What is Multi-generational housing? Multi-generational housing, a unique living arrangement where multiple generations (such as parents, children, and grandparents) share a household, is gaining popularity in Rhode Island. It's not just a solution for families trying to navigate the challenging housing market as …
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Understanding home loan basics Do you know what a mortgage is? There are a lot of moving parts when it comes to getting a Rhode Island home loan, but do you really know what each term means and how it impacts you as a homebuyer? Understanding the basic terms in advance can make the process less stressful and help you …
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8 tips for getting the best interest rate on your mortgage When it comes to buying a home in Rhode Island, securing the best mortgage rate can lead to substantial savings over the life of your loan. A mortgage is a legal agreement between a borrower and a lender that provides the borrower with the funds needed to …
What is the benefit of down payment assistance? DPA is one of the best tools homeowners have in today's market to make homeownership more affordable for Rhode Island residents. These programs provide a possible solution to help homebuyers who need financial support. With a shortage of affordable housing across the …
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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 …
How to use a bridge loan to buy a home A bridge loan is a financing option that allows you to use the equity of your current Rhode Island home as a source of funding for a new home. A bridge loan is a short-term loan used as a financial bridge between selling your current home and purchasing a new one. Bridge loans …
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