Jane Filosa, Realtor
Jane Filosa, Realtor, Fine PropertiesPhone: (401) 524-1601
Email: [email protected]

Tag: Mortgage

Posted on 12/26/2021
Construction Loans vs. Traditional Home Mortgages
Image by pasja1000 from Pixabay Most homeowners have a mortgage against their house, and homebuyers who purchase existing homes usually secure a traditional mortgage before closing. When building a new house, however, you’re likely to need a construction loan before getting a home mortgage. Here’s a breakdown of each, including how they’re used in the new home building...
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Posted on 05/30/2021
Why Choose an Assumable Mortgage?
Image by Tumisu from Pixabay It's easy to think that investing in real estate is an incredibly expensive venture. You may think you need thousands if not tens of thousands saved before you can even think about it. But there are ways to jumpstart your portfolio even if you're renting one of the cheapest apartments in your neighborhood....
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Posted on 05/10/2020
3 Ways to Prepare Your Credit Before Your House Hunt Begins
Photo by bongkarn thanyakij from Pexels Shopping for a new home should be an exciting experience, but if you are unsure of where you stand with your credit, it can be a little nerve-wracking. Having good credit will not only help you to secure more favorable interest rates for your mortgage, but it can also help you to...
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Posted on 10/20/2019
Mortgage: What are Points?
Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...
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Posted on 07/09/2018
Signs That Now Is a Good Time to Apply for a Mortgage
For many individuals, the homebuying journey often begins with getting pre-approved for a mortgage. Because if a buyer has a mortgage, he or she can enter the real estate market with a budget in hand. Ultimately, there are many signs that now may be the perfect time to apply for a mortgage, and these include: 1. You're ready to...
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