Reverse Mortgage for Seniors (2026): Qualifying, How Much You Can Borrow, Age Rules & the Process
A real-world reverse mortgage (HECM) case for a Rhode Island senior: how you qualify, how much you can borrow under the 2026 FHA limit of…
Category: Buying
Practical guides for buying a home in Providence, Cumberland, Pawtucket, Lincoln and across Rhode Island, Massachusetts and Connecticut. Alexander Parmenidez, Broker Associate with Coldwell Banker Realty, covers pre-approval, what a payment really costs once taxes and insurance are included, down-payment programs, inspections, and how to write an offer that holds up. Written for first-time buyers and move-up buyers who want the numbers before they fall in love with a house. Available in English and Spanish.
Reverse Mortgages: The Good and the Bad — 2026 Guide for Rhode Island Homeowners
A reverse mortgage lets a homeowner 62 or older turn part of their home equity into cash with no monthly mortgage payment. Here is the…
What Most Veterans Don’t Know About Their VA Home Loan Benefit
Many Veterans don't realize that VA loans may allow qualified buyers to purchase a home with no down payment, no private mortgage insurance (PMI), and…
Finished vs. Semi-Finished Basements: What Buyers Should Know
A finished basement is designed as usable living space, while a semi-finished basement offers partial improvements but may not function as a fully finished area.
Préstamo FHA 203(k) en Rhode Island: Compra y Renueva con una Sola Hipoteca
Buying your first home can seem overwhelming, especially if English is not your first language or you have limited time because of work. Carlos's story…
Hipoteca Inversa: Lo Bueno y lo Malo — Guía 2026 para Propietarios en Rhode Island
Una hipoteca inversa permite que un propietario de 62 años o más convierta parte del equity de su casa en efectivo, sin pago mensual de…
Lo que muchos veteranos no saben sobre su beneficio del préstamo hipotecario VA
Muchos veteranos no saben que los préstamos VA pueden permitir a compradores calificados adquirir una vivienda sin pago inicial, sin seguro hipotecario privado (PMI) y…
Sótanos Terminados y Semi-Terminados: Guía Esencial para Compradores
Un sótano terminado está diseñado como espacio habitable, mientras que un sótano semi-terminado ofrece mejoras parciales pero no siempre funciona como un área completamente acondicionada.
FHA 203(k) Loan in Rhode Island: Buy a Fixer-Upper and Renovate With One Mortgage
Buying your first home can seem overwhelming, especially if English is not your first language or you have limited time because of work. Carlos's story…