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$129,900 Mortgage Calculator
0 JOHN MOWRY RD
Smithfield, RI / 02917
MLS# 1065007
Type: Vacant Land
Neighborhood: GEORGE WASHINGTON HWY
Lot Frontage: 200 ft.
Lot Size: 87,120 sq. ft.
Lot Type: Residential
Listed by: Bob Medeiros Watermark Realty, LLC
Office: 401-921-5300
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$144,900 Mortgage Calculator
89 WESTWOOD AV
Cranston, RI / 02905
MLS# 1069239
Type: Multi-Family
Neighborhood: EDGEWOOD
# of Units: 2
Total Beds: | Unit1(2), Unit2(2), Beds
Total Baths: 2 | Unit1(1), Unit2(1), Full
Building Area: 1,961 sq. ft.
Listed by: Neil ZARTARIAN GREATER R.I. PROPERTIES, LLC
Office: 401-295-4050
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$999,000 Mortgage Calculator
185 RUMSTICK RD
Barrington, RI / 02806
MLS# 1078069 NEW
Type: Single Family
Neighborhood: RUMSTICK POINT
Beds: 4 Beds
Baths: 4 Full / 0 Half
Living Area: 5,310 sq. ft.
Lot Size: 45,698 sq. ft.
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
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$89,900 Mortgage Calculator
38 HAROLD ST
Providence, RI / 02908
MLS# 1073605
Type: Multi-Family
Neighborhood: OFF VALLEY STREET
# of Units: 2
Total Beds: | Unit1(1), Unit2(2), Beds
Total Baths: 2 | Unit1(1), Unit2(1), Full
Building Area: 1,265 sq. ft.
Listed by: Gayle Moone Real Estate Masters, Inc.
Office: 401-738-1130
Photos New Construction
$339,900 Mortgage Calculator
72 PARKER ST
Glocester, RI / 02814
MLS# 1063728
Type: Single Family
Neighborhood: WATERMAN LAKE PLAT
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,060 sq. ft.
Lot Size: 33,624 sq. ft.
Listed by: Ed Duffy RE/MAX Properties
Office: 401-232-3900
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$169,900 Mortgage Calculator
36 EAGLE RUN
Warwick, RI / 02889
MLS# 1075423
Type: Condo
Complex Name: EAGLES NEST
Beds: 2 Beds
Baths: 1 Full / 1 Half
Living Area: 1,218 sq. ft.
Style Type: Town House
Listed by: Ronnie TOSONI RE/MAX Professionals
Office: 401-884-6050
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$354,900 Mortgage Calculator
17 LAWNDALE DR
Warwick, RI / 02818
MLS# 1072386
Type: Single Family
Neighborhood: POTOWOMUT
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,168 sq. ft.
Lot Size: 12,500 sq. ft.
Listed by: Tony Verdi COLDWELL BANKER RESIDENTIAL BR
Office: 401-884-8050
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$315,000 Mortgage Calculator
54 GREENE AV
Barrington, RI / 02806
MLS# 1064349
Type: Single Family
Neighborhood: BAY SPRING
Beds: 2 Beds
Baths: 1 Full / 0 Half
Living Area: 926 sq. ft.
Lot Size: 21,000 sq. ft.
Listed by: Abby Ashley The Mello Group, Inc.
Office: 508-640-0505
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$799,900 Mortgage Calculator
25 BURNS WY
East Greenwich, RI / 02818
MLS# 1064621
Type: Single Family
Neighborhood: CHESTNUT HILL ESTATES
Beds: 4 Beds
Baths: 5 Full / 0 Half
Living Area: 5,432 sq. ft.
Lot Size: 43,600 sq. ft.
Listed by: Allen Gammons PRUDENTIAL GAMMONS REALTY
Office: 401-886-6100
Photos Handicap
$89,900 Mortgage Calculator
26 FOUNTAIN AV
Cranston, RI / 02920
MLS# 1060168
Type: Single Family
Neighborhood: ARLINGTON
Beds: 3 Beds
Baths: 1 Full / 0 Half
Living Area: 1,025 sq. ft.
Lot Size: 3,200 sq. ft.
Listed by: Jeanie Gorrie Residential Properties LTD.
Office: 401-885-8400
Click here for Wells Fargo -Heath Lefort
 
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Gentry Moving & Office Installation is a family owned and operated business with over 42 years of collective moving experience. Click here for The Wright Connection - RE/MAX Professionals

Pre-Qualifying

Pre-Qualifying Helps Determine How Much You Can Afford

Before you start your house hunting in earnest, the real estate professional with whom you are working likely will "pre-qualify" you to determine a price range you can afford. According to the Rhode Island Association of REALTORS®, pre-qualification is a necessary part of the home buying process that helps save time and money.

Don't be shy or withhold information about your income or credit status. Your REALTOR® isn't trying to pry. Rather, he or she must know all details related to your ability to obtain a mortgage.

By candidly discussing your financial situation, you'll give the agent the necessary information to show you homes you can afford. If you don't open up, you are placing the real estate professional in the role of a tour guide, not someone who can help you find a home within your budget. You'll wind up wasting your time as well as the seller's.

Once you have signed a contract to purchase a home, you must choose a lending institution or mortgage company from which to obtain your home loan. Your loan application will request financial data including your place of employment, assets, and liabilities (including recurring debts such as credit card bills and car payments). Here are two important tips on loan qualification from the Rhode Island Association of REALTORS®.

  1. Do not borrow the down payment without disclosing the loan, submit fake letters-of-credit or gift letters, or make secret financial arrangements.
  2. Accurately list your income and assets, all debts and the approximate amounts you owe.

You'll most likely be charged a credit report fee by the lender, which will cover the cost of having your credit history examined. Credit reporting agencies compile credit reports on consumers, including bill payment history, as well as whether you have been sued or filed for bankruptcy among other information.

Federal credit reporting laws do not give you the right to inspect the actual credit report at the reporting agency or to receive an exact duplicate of the report. But, you are entitled to a summary containing the sources of the report's information.

If your ability to obtain a mortgage is adversely affected by the credit report, you have the right to challenge its accuracy and seek corrections.

The credit report is part of the information the lender uses to determine if you qualify for a loan. It is not a mechanism to prevent you from buying. Remember, lenders want to make loans, not turn them down.

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