A straight answer on what you can afford.
Jack Gilmore, VP of Mortgage Lending. One person from your first call to closing day.
NMLS 2602566 Licensed in RI, MA and CT through Rate, NMLS 2611
Jack Gilmore
VP of Mortgage Lending, Rate
NMLS 2602566
Client reviews collected on Testimonial Tree, 2024 to 2025.
Jack's communication through every step was incredible. He answered questions quickly and explained away any concerns I had. Best experience I've had with a mortgage company.
What working with Jack looks like
One phone number
Jack answers his own calls and texts, from first question to closing day.
Programs that are actually open
Down payment assistance and first-time buyer programs change during the year. He knows which ones are taking files this month.
A pre-approval an agent takes seriously
A real number before you shop, so the agent knows the offer has already been checked.
He knows the market you are buying in
Local programs, local agents. If you do not have an agent yet, Jack will point you to a good one wherever you are looking.
Jack is the only lender that I have worked with that listened to what my goals are and he executed to perfection. He was in constant communication even during the brainstorming phase up and through closing. I am very impressed by his character and looking forward to him being my lender for many more deals. A+++!
Jack was with me every step of the way. Always there to answer questions and help. He's a great person to deal with. Thanks for all your help Jack!
The whole process was made easy by the professional staff that worked on my refinance. Starting with Jack Gilmore, of course. Thank you again for all your hard work.
Jack's communication through every step was incredible. He answered questions quickly and explained away any concerns I had. Best experience I've had with a mortgage company.
Jack done a great job on my loan from start to finish I would highly recommend him to anyone. Thanks
Jack was great from the start. Always kept in communication and was very persistent in helping me. I honestly didn't think it could be done but he got it done. He deserves an award for pa…
Read all 17 reviews, collected on Testimonial Tree.
Loan programs
Not sure which fits? That is the first thing Jack sorts out with you.
Conventional
Buyers with solid credit and savings
The standard fixed-rate loan for a primary home, second home or investment property.
FHA
First-time buyers and lower credit scores
Government-insured loan with flexible credit guidelines. Works for 1 to 4 unit homes you live in.
VA
Veterans, active duty and eligible spouses
No down payment for eligible borrowers, and no monthly mortgage insurance.
USDA
Buyers in eligible rural and suburban areas
No down payment for eligible buyers in qualifying areas. Jack checks the address against the map before you get attached to it.
Questions people ask first
How much do I need to put down?
It depends on the program and the property. Some programs have no down payment for eligible buyers. Jack will tell you the number for your situation before you make an offer.
What is a pre-approval, and how long does it take?
A pre-approval is a lender's written statement of how much you may be able to borrow, based on your credit, income and assets. Most pre-approvals are ready within one business day of receiving your documents.
Can I buy a two, three or four unit home and live in one unit?
Yes. FHA and conventional programs both allow owner-occupied 2 to 4 unit purchases, and part of the rent from the other units may count toward qualifying, subject to program rules.
Does it hurt my credit to get pre-approved?
A mortgage credit pull is a hard inquiry. Multiple mortgage inquiries within a short shopping window are treated as one by the scoring models.
Which states can Jack lend in?
Rhode Island, Massachusetts and Connecticut. His active state licenses are listed on his NMLS Consumer Access record, NMLS 2602566, which is the authoritative source and always current.
Ask Jack
One person from your first call to closing day. Based in Providence, RI.