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 …
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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 …
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What to know about multi-generational housing
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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10 essential components of a home loan
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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