mortgage - The Rhode Island Directory

Is it possible to obtain a NACA mortgage in Rhode Island?

Samantha Boss2 years ago2 years ago09 mins

Rhode Island residents seeking affordable homeownership may wonder if they can secure a NACA mortgage. The Neighborhood Assistance Corporation of America offers low-interest loans and no down payment options to eligible buyers. This informative piece will explore the availability and requirements of NACA mortgages in Rhode Island, shedding light on the possibilities for locals aspiring to own a home.

Is there a Mortgage Priority Act in Rhode Island?

Samantha Boss2 years ago2 years ago010 mins

Rhode Island residents seeking clarity on mortgage priorities may find solace in the Mortgage Priority Act. This legislation, introduced in the state, aims to establish a clear order of priority for mortgage liens. By providing a framework to determine which mortgages take precedence, it brings transparency and predictability to the mortgage market in Rhode Island. Let’s delve into the details of this Act and its implications for homeowners and lenders alike.