Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Rhode Island before hiring.
Showing 8 mortgage lenders in Newport, RI
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Waterstone Mortgage Corporation
23 Powel Ave Suite A, Newport, RI 02840
8003541149
Longbridge Financial, LLC - Carol Miller - Reverse Mortgages
8 Red Cross Ave, Newport, RI 02840
4014061247
Atlantic Home Loans
210 Bellevue Ave 2nd Floor, Newport, RI 02840
4013664502
Nicholas Brownell - Total Mortgage, NMLS #918783
117 Bellevue Ave Suite 200, Newport, RI 02840
4016621491
Ben Wauters Total Mortgage NMLS# 2071087
137 Broadway, Newport, RI 02840
4013308938
Shamrock Home Loans - Newport
6 W Marlborough St, Newport, RI 02840
4014380202
The Mortgage Navigator
6 W Marlborough St, Newport, RI 02840
4017412916
Seacoast Mortgage Corporation
425 Thames St, Newport, RI 02840
7742545467
What Does a Mortgage Lender in Newport Cost?
Typical costs for a mortgage in Rhode Island include origination fees of 0.5 to 1 percent of the loan amount, appraisal fees of 400 to 700 dollars, and title insurance averaging 1,500 to 3,000 dollars. Closing costs generally range from 2 to 5 percent of the purchase price. This is general information, not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What documents do I need to apply for a mortgage in Newport?
You typically need pay stubs, tax returns, bank statements, and photo identification. Rhode Island lenders also require a property appraisal and proof of homeowners insurance.
How long does the mortgage process take in Rhode Island?
The process usually takes 30 to 45 days from application to closing. Rhode Island law mandates a three day rescission period after closing for refinances.
Are there special mortgage programs for Rhode Island first time buyers?
Yes, the Rhode Island Housing program offers down payment assistance and lower interest rates for eligible first time buyers. Income limits and purchase price caps apply.