We will pre-qualify you so you'll know the amount of the mortgage you can afford. Depending on your down payment, you will know how much you can afford to spend on your new home. We'll calculate your payments and fit you into one of our numerous programs; one that suits your needs and makes the most financial sense for you. Pre-qualification can be done over the phone or in person with an appointment at your convenience. There is never any cost for this service.
Call
us at (401) 942-3111, even if you have been pre-qualified or quoted a rate elsewhere, it could save you thousands of dollars.
Click here to make preliminary application
With our mortgage origination and
underwriting software, we can obtain a conditional pre-approval
directly from Fannie Mae or Freddie Mac. In most cases, this can be done
within hours of your application. A pre-approval letter can
be prepared for you, making you a more favorable buyer.
Call us at (401) 942-3111, even if you have been pre-approved or quoted a rate elsewhere, and be pleasantly surprised!
Click
here to make preliminary application
When is the right
time to refinance?
No set formula exists
to help you answer that question. Gone is the old "two-two-two" rule
refinance your home only if you have lived there for two years, you
expect to stay for at least two more years and your new interest rate will
be two percent or less than your current mortgage rate. Therefore,
the right time is when there is an economic necessity or when you need to
rearrange your finances to meet your financial goals.
Whether you are
refinancing for debt consolidation, home improvement, building an addition, a lower
interest rate, or simply looking for cash for any other purpose, the
equity in your home can work for you. By combining high interest credit
cards, auto loans, personal loans or any other type of debt, you may be
able to substantially reduce your total monthly payments. This
could add up to thousands of dollars in savings over the life of your
mortgage loan. The cost of refinancing can be added into the new
mortgage, if you desire, reducing your out of pocket expense.
MortgageLink is your "link to today's best rates and terms". A
phone call to MortgageLink could save you thousands of dollars. Remember your preliminary application must be completed online to receive your appraisal rebate of up to $200.
Click
here to make preliminary application