East Providence, RI Mortgage Refinance in Rhode Island
We make it easy to get the lowest mortgage refinance interest rate in East Providence, RI.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, East Providence, RI residents can be on the way to a lower interest rate, a lower monthly payment, or switching from an adjustable rate mortgage to a fixed rate mortgage.
When Should I Refinance?
The best time to refinance is when interest rates in East Providence, Rhode Island drop below the rate of your current mortgage. With a lower interest rate, you'll save money on your mortgage payment every month. Be sure to read our article titled Reasons to Refinance Now.
Turn Your Adjustable Rate into a Fixed Rate
With adjustable rates on the rise East Providence, RI residents can benefit greatly from refinancing your home for a low fixed rate. These benefits include a lower monthly mortgage payment, and the security of knowing your mortgage payment won't increase.
Cash-Out Refinancing
Using the equity in your home, you can refinance your mortgage for a higher amount than your current principal balance and receive the extra funds as cash. You can use this money however you would like, including, remodeling your home, paying off high-interest rate credit cards, paying off student loans, or consolidating all your debt. How much cash out you can receive by refinancing depends largely upon the principal balance remaining on your mortgage and the amount of equity in your home.
Eliminate PMI
Private Mortgage Insurance is usually required if your downpayment on your home was less than 20 percent. If your home equity has increased since your purchase, you may have enough equity to elimate that PMI payment by refinancing your mortgage.
Save Thousands in Interest
When you refinance your home you can decide to switch your mortgage to a shorter term, such as 10, 15, or 20 years. Depending on how much lower the refinance rate is, you will likely pay more per month for this shorter term home loan. However, in the long-term you are saving thousands in interest. And because more of your monthly mortgage payment goes towards the principal, your home equity will increase much quicker.
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Mortgage Refinance Calculators
Mortgage Payment Calculator
Refinance Savings Calculator
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Refinance Articles
Reasons to Refinance Now
Beat the Subprime Mortgage Crisis
Return to mortgage refinance in the state of RI
| East Providence, Rhode Island News |
Owner, 32, looted East Providence title business
The former owner of a title insurance firm in East Providence pleaded guilty yesterday to a federal fraud charge for looting more than $1.3 million from company accounts and using the money for vacations, hair ...
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Ex-owner of RI closing co. pleads guilty to fraud
Thirty-two year old Angela Raposa, of East Providence, pleaded guilty Monday to one count of wire fraud.
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Burglary suspect dies during heist
A man wanted in several break-ins is dead. Police said he dropped dead during his latest burglary attempt at an East Providence apartment complex.
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Scott Turner: Odious outlaws of the Ocean State
THIS FALL, funky creatures rose from under ground in Rhode Island. In the third week of November, police unearthed remains of a notorious mobster in East Providence, while across the river in Providence a woman ...
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Woman, son reported missing
Swansea police are seeking the public's help in locating a woman and her son who were reported missing.
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Late officera s sons follow his lead in public service
LINCOLN, R.I.a 'The legacy of an East Providence police officer lives on through his sons.
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DaPonte ready for big job
Designated as the next chairman of the Senate Finance Committee, East Providence Sen.
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Pedestrian killed in Thompson
Connecticut state police are investigating an accident in Thompson that killed a pedestrian.
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Paiva Weed picks DaPonte to head Senate Finance Committee
In her first act since fellow Democrats endorsed her for Senate president, Senate Majority Leader M. Teresa Paiva Weed yesterday announced that she has chosen Sen.
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Robbery suspect in custody after high-speed chase
Police have arrested one of two suspects in a pair of recent armed robberies as the search for the second suspect continues.
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Ex-AG Roberts: Site of mobster's body may be all wet
Former Rhode Island Atty. Gen. Dennis J. Roberts II, who prosecuted Nicholas S. Pari and Andrew F. Merola for the assassination of Joseph "Joe Onions" Scanlon 30 years ago, says he will be mighty surprised if ...
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New East Providence City Council announces staff changes
Even before being sworn in, the new City Council majority has announced plans to fire the longtime city solicitor and eight other two-year appointees.
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Rhode Island Police Investigate Decades-Old Mob Hit
The Rhode Island State Police on Monday arrested 18 people allegedly connected to Mafia rings and used a backhoe to dig through an East Providence lot searching for the victim of a three-decade-old mob hit.
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State police keep digging for victim of mob hit
One backhoe had begun the task yesterday, before stopping as darkness fell. The work started up again at 9 this morning.
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E. Providence school reopening after lead scare
An East Providence elementary school will reopen after a scare caused by a lead paint chip.
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RI Mobsters in Court; Crews Searching for a Murder Victim's Body
State Police arrested 18 people Monday morning in a sweep across Rhode Island and Massachusetts, picking up members of the Patriarca crime family, for charges ranging from drugs and gun possession, to ...
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30 years later, digging for a mobster's body
Journal photo / Bill Murphy State Police detectives and FBI agents watch as a backhoe goes to work this afternoon in the backyard of Lisboa Apartments at 378 Bullocks Point Ave.
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East Providence teachers union decries criticism by school officials
The teachers union, after what it called several days of "simmering" over published comments by local school officials, has sharply rejected their assertions that the teachers are "living large" at taxpayers' ...
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Battleship Rhode Island remembered in East Providence
You can't forget what you didn't know: Battleship Rhode Island. The U.S. Navy did have such a ship, and Reinhard Wohlgemuth, a member of the Rhode Island Postcard Club, has proof: postcards.
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RI Young Dems elect new leadership team
The Rhode Island Young Democrats - www.riyoungdems.org - announced today the election of Meghan Grady as president, Kimberly Ahern as vice-president and Eric Coury as national committeeman.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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