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Exeter, RI Mortgage Refinance in Rhode Island
We make it easy to get the lowest mortgage refinance interest rate in Exeter, RI.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Exeter, 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 Exeter, 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 Exeter, 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 Refinance APR Calculator Refinance Points Calculator |
Refinance Articles
Reasons to Refinance Now Beat the Subprime Mortgage Crisis Return to mortgage refinance in the state of RI
| Exeter, Rhode Island News |
A native view of Thanksgiving
The images of the first Thanksgiving are something of an American legend: Native Americans and Pilgrims sitting around a table, sharing a harvest feast as a symbol of peace and goodwill.
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Noise Campaign spice up RI
The West Warwick-based quintet the Noise Campaign have rocked plenty of local dive bars and club stages across Rhode Island in recent months, and this spry crew of 20- and 21-year-olds will begin recording ...
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Wild in the streets
That happy little jingle you hear these days emanating from your favorite auto body shop is probably the owner, because right now is certainly his Most Wonderful Time of the Year.
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Veterans Day observances set in several communities
Tomorrow, Veterans Day, Americans pay tribute to the service and sacrifice of the men and women have worn the uniform of the United States, protecting our nation's ideals and answering the call to duty in war ...
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Barn fire kills fowl, damages building
A firefighter stands on a roof surrounded by smoke after clearing a hole to vent smoke from the second story of a barn filled with hay.
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$5.7M in upgrades for RI Veteransa Cemetery
A new building named after a World War II airman who flew 50 missions over Nazi-occupied Europe has opened at the Rhode Island Veterans' Cemetery in Exeter.
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Group protests Carcieri's call for income tax ban / Photo
Taking the news pulse of Rhode Island and Southeastern Massachusetts, by Providence Journal and projo.com staff, from 7 to 7, every business day Journal photo/ Bill Murphy After protesting outside, members of ...
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Providence in need of new fire training tower
For thousands of Fire Department recruits over the years, it was the tower of terror.
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Smith's Flowers to stay that way
Property owner has no immediate plans for turning Beach Street agricultural site into housing.
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ALIVE AND WELL: Jack, Powers, Francis, and Lopriore. It Was the Best Of Times have officially downsized to a quartet, but that doesn't mean the sonic pride of Hope Valley plans on calling it quits anytime soon.
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Dams and fish ladders
The new director of the Wood Pawcatuck Watershed Association has his hands full these days.
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Food notes for Oct. 8.
Ocean State Chocolates and Confections offers the Autumn Harvest from the Farm Truffle Collection made with the most recent bounty from Rhode Island farms.
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DEM opens areas to wood cutting
In the past, forestry officials have had to suspend their offering of public wood cutting in state management areas for lack of interest.
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Allen, Holder wed
Colleen Holder, of Exeter, R.I., and Zachary Allen, of Douglas, were married on Aug.
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The soft sighs of summer's end
Don Hornbeck, of Warwick, and son Wade, 8, come in after a couple of hours of fishing on Breakheart Pond, in Exeter, yesterday.
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Arrests made following salvage thefts
Jessica Selby This e-mail address is being protected from spam bots, you need JavaScript enabled to view it EXETER - An Exeter salvage yard owner said he can now leave work at the end of the day feeling a ...
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Judgment call for Exeter woman
Patricia Harrison is a judge. She doesn't wear a robe when she's working, but she does wear white gloves.
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Canonchet Road home in flames
An unoccupied home at 324 Canonchet Road was fully involved when the Hope Valley Fire Department was called to the scene shortly before 8 p.m., Tuesday.
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The results are in
Statewide and locally, it was a low turnout in Tuesday's primaries, with few critical races throughout Rhode Island.
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More Cable TV Choice for Rhode Island Consumers
More Households Now Can Order Verizon's FiOS TV New FiOS TV Customers Eligible for a Free High-Def DVR for 12 Months and Free Month of HBO and Cinemax SMITHFIELD, R.I. , /PRNewswire/ -- Beginning today, ...
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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