South County, Westerly, Narragansett, and Charlestown real estate and homes for sale in Rhode Island - Donna Sormanti-Saglio, REALTOR® Donna Sormanti-Saglio REALTOR(r) for South County, Westerly, Narragansett, and Charlestown, Rhode Island real estate - NUMBER1EXPERT™ Donna Sormanti-Saglio NUMBER1EXPERT(tm) for South County, Westerly, Narragansett, and Charlestown, Rhode Island real estate

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Donna Sormanti-Saglio, REALTORŪ, real estate agent and broker for South County, Westerly, Narragansett, and Charlestown Rhode Island home listings, property and land for sale - NUMBER1EXPERT(tm)
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Mortgage Prequalification: South County, Westerly, Narragansett, and Charlestown Rhode Island home buying, real estate listings, and homes for sale in Kent                           County, RI
Welcome > For Buyers > Mortgage Prequalification ...

Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend!
 

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. 

In the pre-qualification process, you will find out: 

- Exactly how much home or land you can afford. 

- How much cash you will need for the down payment. 

- The minimum down payment, and advantages of higher down payments. 

- What the bank feels you can afford for a monthly payment. 

I help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: I will respect your privacy! I know this is your personal information, and I will not distribute it to anyone, other than to my preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of my job as a top South County, Westerly, Narragansett, and Charlestown Realtor to offer services such as these. 

Once you fill out the form, I will quickly process your information and get right back to you!
 

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Real Estate Tips
Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Real Estate Trivia
Q 
During what months of the year do most people move from one home to another?

A 
Most moves occur between the months of May and September.
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Donna Sormanti-Saglio, REALTORŪ, real estate agent and broker for South County, Westerly, Narragansett, and Charlestown Rhode Island home listings, property and land for sale - NUMBER1EXPERT(tm)

Donna Sormanti-Saglio
RE/MAX Coast and Country

530 Stonington Rd. Ste. 101
Stonington
Connecticut 06378
Office: 860-535-9009
Toll Free: 1-877-8REMAX9
FAX: 860-535-9229
Mobile: 401-559-3314
Donna@rirealestateonline.com

Donna Sormanti-Saglio is Your Online Connection to Rhode Island, Florida and Southeastern Connecticut Real Estate! Donna's southern Rhode Island market area, also known as "South County", is a region of quaint towns and seaside villages rich in both Colonial flavor and Victorian elegance. If your dream is to buy your first home or the land to build it on, a luxury waterfront property or an entire sub-division, Donna will help you make your real estate dream a reality. Donna's "Pledge of Quality Service" has earned her the trust and confidence of many satisfied buyers and sellers. She has helped her clients achieve successful results by implementing the newest advances in technology, and quickly responding to the changing conditions in the marketplace. Donna has been a full-time REALTOR professional since 1986 and a RE/MAX multi-million dollar producer. If you are looking for an innovative and experienced professional to represent you in all your real estate transactions, Donna is the only realtor you will ever need. Call or email Donna today, you will be glad you did!

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