Home Refinancing Johnston 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.

Financial Dynamics Mortgage Corporation
(401) 464-4610
1549 Plainfield Pike
Johnston, RI
 
Metropolitan Mortgage Inc
(401) 785-2900
222 Reservoir Avenue
Providence, RI
 
Homestar Mortgage Inc
(401) 454-3300
220 Smith St
Providence, RI
 
Allied Home Mortgage Capital Corporation
(401) 943-9200
647 Oaklawn Ave
Cranston, RI
 
Value Mortgage Funding Inc
(401) 632-0060
1150 New London Ave
Cranston, RI
 
Ne Moves Mortgage LLC
(401) 725-8880
1057 Mineral Spring Ave
North Providence, RI
 
Aaa Southern New England Bank
(401) 868-2045
110 Royal Little Dr
Providence, RI
 
Family Financial Group Inc
(401) 223-2300
626 Park Ave
Cranston, RI
 
Best Mortgage Services Inc
(401) 490-3210
108 Phenix Ave
Cranston, RI
 
Rockland Financial Mtg Co LLC
(401) 942-8200
95 Sockanosset Crossroads 109
Cranston, 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