Rita Valcorba - Your Home Loan Professional
Rita Valcorba
Sr Loan Officer
NMLS #79078
Direct: 401-737-8542
Mobile: 401-265-8449
Fax: 877-445-6315
110 Jefferson Blvd., Suite I
Warwick, RI 02888
I am licensed to originate mortgage loans in the following state(s): MA, RI

Video Learning

Topic: Renovation Lending - Take Advantage of Renovation and Rehab Loans Instead of Credit Cards
Home Buyers Marketing

Rita Valcorba

Your Sr Loan Officer in Rhode Island

As a Prospect Mortgage lending professional, Rita Valcorba is knowledgeable about a wide range of different loan programs in order to serve your unique needs and financial goals. Whether you're making a first time purchase, a second home purchase or looking to refinance, Rita can help you.


Rita is also an expert on 203k Renovation Lending, a program particularly well suited for buyers of fixer-uppers and REOs in need of repair. Homebuyers can finance both the purchase and future repairs on their new home with one loan.


The Renovation Loan offers some great features. The amount of money you are permitted to borrow for the purchase and renovations is based on the increased value of your home after improvements are made. Also, because renovation costs are spread throughout the entire term of the loan, monthly payments are often lower than other financing options. With the loan, there is also no need to delay improvements. You can start in immediately after closing. Another great feature is the loan's simplicity - one application, one set of fees and closing costs, one closing to attend and one payment each month. The interest on the cost of your improvements, included in your mortgage, may be tax deductible as well.


Rita values your business and will provide you with the best professional service and mortgage solutions that make most sense for you and your unique financial situation and real estate goals.


Please contact Rita Valcorba if you’d like more information about our Renovation Loan, or any other mortgage financing solution. We offer other  Renovation Mortgages – including HomeStyle® Renovation and HomePath® Renovation Loans – to meet the needs of our borrowers for primary residences, second homes and investors. I look forward to working with you!


What are people saying about Rita Valcorba?
"She was extremely helpful in guiding me through the mortgage process, explained everything in detail, was always available to answer any questions I had, and always kept me up to date on the latest ..."
- Kevin Sebzda
  Warwick, RI
"Rita was always there to answer any questions and she came to my home to pick up papers."
- Augusta Martone
  Providence, RI
"Rita Valcorba was immensely helpful and friendly."
- Scott Middleton
  Charlton, MA