Expert Financing for Homes for Sale
Whether you're searching for homes for sale, or anywhere throughout RI, securing the right mortgage is crucial. As your dedicated mortgage loan officer, I help buyers navigate the complex world of real estate financing with personalized service and competitive rates.
Why Choose Jack Gilmore for Your Home Purchase?
- LocalReal Estate Expertise - Deep knowledge of's housing market and neighborhoods
- Multiple Loan Options - Conventional, FHA, VA, USDA, and jumbo loans available
- First-Time Buyer Specialist - Dedicated programs for first-time home buyers
- Competitive Rates - Access to exclusive rates and down payment assistance programs
- Fast Pre-Approval - Quick turnaround to strengthen your offer on homes
Home Purchase Loan Programs Available
Conventional Home Loans
Perfect for buyers with good credit and stable income. Buy real estate in with as little as 3% down.
- Down payments as low as 3%
- Competitive interest rates
- Options for first-time and repeat buyers
- Flexible loan amounts for all price ranges
FHA Home Purchase Loans
Government-backed loans ideal for first-time buyers looking at homes for sale.
- Low down payment (3.5%)
- More lenient credit requirements
- Great for first-time home buyers
- Available throughout
VA Home Loans
Exclusive benefits for veterans and active military buying houses for sale.
- $0 down payment required
- No private mortgage insurance (PMI)
- Competitive rates for military families
- Available statewide
USDA Rural Home Loans
100% financing for eligible rural and suburban properties.
- No down payment
- Low mortgage insurance
- Income limits apply
- Manyareas qualify
The Home Purchase Process
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Get Pre-Approved
Start by getting pre-approved to know your budget and show sellers you're a serious buyer. This strengthens your position when you find a real estate agent and start touring homes.
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Shop for Homes
Browse homes for sale with confidence knowing your financing is ready. Work with experienced real estate agents who understand the local market.
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Make an Offer
When you find your dream home, your pre-approval letter helps make your offer competitive's real estate market.
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Complete Your Application
Submit final paperwork and documentation. I'll guide you through every step and keep you updated on progress.
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Close on Your Home
Sign final papers and get your keys! Enjoy your new home.
Buying Homes: Market Insights
The real estate market offers diverse opportunities from historic homes in Providence to coastal properties in Newport and family-friendly neighborhoods in Warwick. As your local mortgage expert, I can help you understand:
- Current market conditions and trends
- Best neighborhoods for your budget
- Property tax considerations
- MLS listings and opportunities
- Working with top realty professionals
First-Time Home Buyers
Buying your first home in is exciting! I specialize in helping first-time buyers navigate the process with:
- First-time buyer education and guidance
- Down payment assistance programs
- RI Housing programs and grants
- Step-by-step support from application to closing
- Connections to trusted real estate agents and home inspectors
Ready to Buy Your Home?
Get started with a free pre-approval and discover your buying power's real estate market.
Frequently Asked Questions
How much do I need for a down payment on a home?
Down payments can be as low as 0% (VA/USDA) or 3% (Conventional/FHA). The amount depends on your loan type, credit score, and financial situation. I'll help you find the best option for your budget.
How long does it take to get approved for a home purchase loan?
Pre-approval typically takes 1-2 days. Full approval and closing usually take 30-45 days, depending on the property and loan type.
Can I buy a home with bad credit?
Yes! FHA loans accept credit scores as low as 580, and some programs go even lower. Let's discuss your situation and find the best path forward.
What areas of do you serve?
I serve all of including all areas.