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Best Mortgage Refinance Companies in Cranston, RI

Our Recommended Top 3

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Cranston Mortgage Refinance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.



3Top Picks

Learn about our selection process.


featured provider = Featured Provider

647 Oaklawn Ave 2nd Floor, Cranston, RI 02920
WebsiteLicense: 2119883 Rating

Review Sources

5.0 (10)
5.0 (3)

Why choose this provider?

Devin Rosa delivers financial solutions to residents of Cranston. Devin, a loan originator for Primary Residential Mortgage Inc., helps borrowers understand loan programs and their rates, the loan process, required documents and criteria for the application, and what comes after an application is submitted. Devin provides refinancing loans to assist clients in paying down high-interest debt, cashing out for home renovations, lowering interest rates, and switching from an adjustable-rate mortgage to a fixed-rate mortgage or vice versa.

  • Reverse Mortgages

220 Smith St., Providence, RI 02908
WebsiteLicense: 4661 Rating

Review Sources

5.0 (14)

Why choose this provider?

Charles Adams is a mortgage expert who provides services to people in Cranston. He offers home loan refinance options to homeowners who want to find a program that best suits their needs. He provides conventional, jumbo, FHA, USDA, and VA loans. He also offers real estate investment programs for customers who are refinancing or purchasing properties for business purposes. Adams has been helping clients finance their vacation homes and commercial properties for over 15 years.

  • New Construction

21 Trafford Park Dr, Coventry, RI 02816
WebsiteLicense: 1892952 Rating

Review Sources

5.0 (22)
5.0 (18)

Why choose this provider?

Jonathan Boukarim is a mortgage loan officer serving the residents of Cranston. Jonathan assists homeowners with mortgage and cash-out refinancing, and home equity loans. He also caters to homebuyers needing FHA, conventional, and VA loans. Jonathan leverages his access to multiple lenders to shop for loan options that meet the client's preferred rates and terms. Committed to hands-on service, he personally manages each loan and proactively updates the client throughout the process. Clients also have 24/7 direct access to his cellphone for questions and concerns.

  • New Construction

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Devin Rosa
647 Oaklawn Ave 2nd Floor, Cranston, RI 02920
Charles Adams
220 Smith St., Providence, RI 02908
Jonathan Boukarim
21 Trafford Park Dr, Coventry, RI 02816


  • Introduction

    Refinancing a mortgage can be a complicated process, and hiring a mortgage refinancing broker can make it simpler and faster. There are several things you can do to protect your interests and help your broker complete the process for you.

    Check a potential broker’s online reviews to find one with a good reputation. In addition to the opinions of past clients, check to see if a broker has an online portfolio, which can support the reviews you find from past clients to show a broker’s trustworthiness. This can also help you establish if a broker has handled financing for properties similar to yours.

    Get a written summary of a broker’s rates before committing so you know exactly what hiring your chosen mortgage refinance broker will cost. Find out which lenders work with your broker and what information they need to successfully refinance your mortgage.
  • Are you required to have a real estate attorney when you refinance your mortgage in Cranston?

    Not really, but hiring an attorney in Cranston does have some benefits. They can help you avoid scams, protect your interests throughout the process, and simplify the refinancing procedure. Rhode Island laws only require you to have an attorney to conduct a title examination. These laws also allow you to choose any lender you want for your home purchase or refinance.

  • How many years should pass before you can refinance a primary home granted with down payment assistance from the City of Cranston?

    You can refinance after five years. If you do so before this, you have to pay in full the downpayment assistance to the Cranston Department of Community Development. The same also happens if you sell or change the title to the property and no longer make it your primary home. Details about this matter can be directed to the department through its phone number at (401) 780-6240 and office location at 35 Sockanosset Crossroads Unit #6 Cranston, RI 02920.

  • What can be the effect of getting a cash-out refinance in Cranston?

    A cash-out refinance most likely changes the terms of the mortgage. Some of these changes include an increase in the amount owed or the number of years to pay the whole mortgage. Another possible effect can be owing more than what is the value of the home, which can be detrimental to the borrower in Cranston if property prices fall.

  • Is there a smart way of asking the refinancing interest rate from a lender in Cranston?

    A lender in Cranston must always ask about your credit profile before giving a refinancing interest rate. These lenders are doing you a great disservice if they give a definite answer without knowing such information. Additionally, you must supply all the information indicated below to be able to obtain an interest rate more or less accurate to your situation.

    • Borrower's or borrowers' names.
    • Applicable addresses.
    • Property address.
    • 2-year income or employment information.
    • Date of birth and social security information.
    • money in assets such as bank accounts
  • How are homeowners in Cranston who want to refinance protected by the Rhode Island Home Loan Protection Act?

    Lenders in Cranston must follow certain guidelines when recommending a refinance. The new loan must have lower monthly payments, a beneficial change to the amortization schedule, and a final payout amount that exceeds the costs of refinancing. Additionally, an adjustable-rate loan must be changed to a fixed-rate one, and the interest rate must be lower with the new loan. Generally, the Rhode Island Home Loan Protection Act requires refinancing to be helpful to the financial needs of the homeowner or be a matter of court decision.

  • How do you refinance a mortgage?

    Decide why you’re refinancing, such as to get a lower interest rate, pay off your loan faster, or to get a lower monthly payment. Share your credit information with your broker along with information about the equity you have in your home. Review your mortgage refinance broker’s quotes and choose the best loan terms.