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$299,000 Mortgage Calculator
253 MAIN ST
East Greenwich, RI / 02818
MLS# 1088915
Type: Commercial
Neighborhood: MAIN STREET / DOWNTOWN EG
# of Buildings: 1
Total Sq Ft: 960 sq. ft.
Building Type: Office, Retail, Commercial, Food/Beverage
Listed by: Tony Verdi COLDWELL BANKER RESIDENTIAL BR
Office: 401-884-8050
Photos 360 View New Construction
$345,900 Mortgage Calculator
78 - LOT18 TEAKWOOD DRIVE WEST .
Coventry, RI / 02816
MLS# 1120988
Type: Single Family
Neighborhood: THE OAKS
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 1,782 sq. ft.
Lot Size: 25,630 sq. ft.
Listed by: Glenn Carpenter RE/MAX Professionals
Office: 401-884-6050
Photos 360 View New Construction
$469,900 Mortgage Calculator
284 FAIRVIEW AV
Rehoboth, MA / 02769
MLS# 1114917
Type: Single Family
Neighborhood: CENTRAL
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 2,580 sq. ft.
Lot Size: 60,002 sq. ft.
Listed by: Michael Lopes The Mello Group, Inc.
Office: 508-640-0505
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$174,200 Mortgage Calculator
0 BROADWAY ST
Woonsocket, RI / 02895
MLS# 1027781
Type: Vacant Land
Neighborhood: BERNON
Lot Frontage: 40 ft.
Lot Size: 430,808 sq. ft.
Lot Type: Residential
Listed by: Stacy Corrigan Peace of Mind Property Managem
Office: 401-829-8323
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$336,900 Mortgage Calculator
2172 POST RD
South Kingstown, RI / 02879
MLS# 1095763
Type: Multi-Family
Neighborhood: PERRYVILLE
# of Units: 4
Total Beds: | Unit1(2), Unit2(1), Unit3(1), Unit4(3), Beds
Total Baths: 4 | Unit1(1), Unit2(1), Unit3(1), Unit4(1), Full
Building Area: 4,548 sq. ft.
Listed by: Neil ZARTARIAN GREATER R.I. PROPERTIES, LLC
Office: 401-295-4050
Photos 360 View New Construction
$679,900 Mortgage Calculator
0 - 10 BUCK HOLLOW DR
West Greenwich, RI / 02817
MLS# 1127126
Type: Single Family
Neighborhood: DEER RUN AT BIG RIVER
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 2,700 sq. ft.
Lot Size: 96,704 sq. ft.
Listed by: Brenton Butterworth Keller Williams Realty Leading
Office: 401-333-4900
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$275,000 Mortgage Calculator
901 FAIRWAY DR
Middletown, RI / 02842
MLS# 1125781
Type: Condo
Complex Name: WESTRIDGE
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 1,989 sq. ft.
Style Type: Town House
Listed by: Maggie Elliott BerkshireHathaway HomeServices
Office: 401-849-1800
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$818,000 Mortgage Calculator
266 NEW MEADOW RD
Barrington, RI / 02806
MLS# 1125818
Type: Single Family
Neighborhood: ALMEIDA-BUILT NEW HOME!
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 3,000 sq. ft.
Lot Size: 49,295 sq. ft.
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
Photos 360 View New Construction
$639,900 Mortgage Calculator
20 LONGBROOK DR
Cumberland, RI / 02864
MLS# 1098717
Type: Single Family
Neighborhood: LONGBROOK
Beds: 4 Beds
Baths: 3 Full / 1 Half
Living Area: 3,000 sq. ft.
Lot Size: 36,154 sq. ft.
Listed by: Michael Milano RE/MAX Professionals
Office: 401-884-6050
Photos New Construction
$659,900 Mortgage Calculator
2 STEBER WY
Rehoboth, MA / 02769
MLS# 1116433
Type: Single Family
Neighborhood: VIAL FARM
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 3,076 sq. ft.
Lot Size: 62,726 sq. ft.
Listed by: Gina Perry The Mello Group, Inc.
Office: 508-640-0505
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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.