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 3 va loan specialists in Smithfield, 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.
Navigant Credit Union
1005 Douglas Pike, Smithfield, RI 02917
4012334700
Bryan Tavares | Mortgage Professional
595 Putnam Pike, Smithfield, RI 02917
7744069353
AnnieMac Home Mortgage
39 Cedar Swamp Rd, Smithfield, RI 02917
4018625110
What Does a VA Loan Specialist in Smithfield Cost?
Typical costs for VA loan specialist services in Rhode Island include lender origination fees ranging from 0.5% to 1% of the loan amount, plus third-party fees for appraisal and credit report. The VA funding fee is 2.15% for first-time use with zero down payment, though it is waived for disabled veterans. Closing costs in Rhode Island average 2% to 5% of the purchase price. This is general information and 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 is a VA loan specialist in Smithfield?
A VA loan specialist is a mortgage professional who focuses on VA-guaranteed home loans for veterans, active duty members, and eligible surviving spouses. They help with the application, documentation, and closing process specific to VA loans.
What are the eligibility requirements for a VA loan in Rhode Island?
Eligibility requires meeting service time minimums set by the VA, such as 90 days of active duty during wartime or 181 days during peacetime. You must obtain a Certificate of Eligibility from the VA. Rhode Island does not have additional state-specific eligibility rules.
Are there Rhode Island-specific benefits for VA loan borrowers?
Yes, Rhode Island exempts VA loans from the state mortgage recording tax, which can save borrowers hundreds of dollars at closing. Additionally, the state offers property tax relief for disabled veterans through a separate application process.