Home Refinancing Coventry RI

Homeowners can apply for home refinancing, meaning they can get an entirely new mortgage on their home. This can be advantageous when mortgage interest rates fall below what they were when the original mortgage was taken out. This will result in lower payments and savings over the entire life of the loan. But homeowners must meet certain criteria before they can refinance; homeowners’ credit file will be reviewed, and a title report along with a report on liens on the property will be done, among other things, when the homeowner is going through the application process.

Centreville Savings Bank
(401) 821-9100
1218 Main Street
West Warwick, RI
 
Capital Mortgage Corporation
(401) 884-1860
4512 Post Rd
East Greenwich, RI
 
Northstar Financial Services Inc
(401) 886-1140
1050 Main Street
East Greenwich, RI
 
Mortgage Pros Inc
(401) 886-8500
58 Main Street
East Greenwich, RI
 
Majestic Mortgage Corp
(401) 739-5363
615 Jefferson Blvd Ste B205
Warwick, RI
 
Primary Home Mortgage LLC
(401) 885-1395
655 Main St Ste 201
East Greenwich, RI
 
Oak Tree Funding LLC
(401) 398-1013
620 Main St Unit 1A
East Greenwich, RI
 
Countrywide Home Loans Inc
(401) 884-9500
2240 S County Trl # 5
East Greenwich, RI
 
First Horizon Home Loan Corporation
(401) 736-2240
300 Metro Center Blvd Ste 200
Warwick, RI
 
United Financial Mortgage Corp
(401) 921-5270
2348 Post Rd Ste 202
Warwick, RI
 
Opinion Corner
People in Rhode Island shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 50%
Rent: 30%
Other: 20%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 0%
I have had to downgrade my home: 0%
I am living paycheck to paycheck: 20%
I have eliminated some of my expenses in order to keep my home: 20%
It has not affected me: 60%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 40%
I have some equity in my home: 20%
I own my home outright: 0%
I have no idea: 20%
Other: 20%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 40%
I have tried but have not been successful: 20%
No: 40%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 40%
Yes, they were slightly affected: 20%
Yes, they were significantly affected/drained: 40%
Source: Survey.com