About Ray Lambert
Raymond Lambert Jr. (NMLS #1544659) is a dedicated mortgage professional specializing in helping first-time homebuyers and real estate investors achieve their goals with clarity and confidence. A lifelong Rhode Islander, Raymond is proud to serve the community he calls home, guiding clients through every step of the mortgage process with transparency, education, and personalized solutions. First-time buyers rely on Raymond for patient guidance and clear communication, ensuring they feel informed and empowered from application to closing. He also specializes in working with investors, including expertise in DSCR (Debt Service Coverage Ratio) loan programs designed to help clients grow and scale their real estate portfolios. In addition, he offers conventional, FHA, VA, and other tailored financing options to meet a wide range of needs. Outside of work, Raymond embraces everything Rhode Island has to offer. He loves Rhode Island summers, spending time with his kids, and enjoying the state's underrated food scene. A passionate music enthusiast, he plays guitar and is also an aspiring filmmaker with a deep appreciation for cinema and storytelling. Whether you're purchasing your first home, expanding your investment portfolio, or refinancing, Raymond is ready to help you move forward with confidence.
We can make it happen!
Bank Statement loans
Self-employed? Our Bank Statement Loan program allows self-employed borrowers to seek a home loan without tax returns, W2s or pay stubs.
Foreign National loans
Not a US Citizen? Foreign National loans are available without a social security number, green card, or visa and do not require a FICO score.
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Monitor your loan status
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Calculators, tools, guides, and advice
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Located at 469 Angell Street, Suite 1 Providence RI, 02906
*Rate's 5-minute pre-approval refers to an automated underwriting review of borrower submitted loan documentation and subsequent pre-approval and should not suggest to a borrower that Rate has fully funded or approved the borrowers mortgage application within 5 minutes. Rate cannot guarantee that a loan will be approved or that a closing will occur within a specific timeframe. Not all borrowers will be approved. Borrower's interest rate will depend upon the specific characteristics of borrower's loan transaction, credit profile and other criteria. Restrictions apply.
**Rate's Same Day Mortgage promotion offers qualified customers who provide certain required financial information/documentation to Rate within 24 hours of locking a rate on a mortgage loan the opportunity to receive a loan approval within 1 business day of timely submission of documentation and does not suggest that the borrower will receive funding on the same day as their application submission. For purposes of this offer, documents provided after 1 pm local time or on a weekend or company holiday will be deemed submitted the next business day. Rate cannot guarantee that a loan will be approved or that a closing will occur within a specific timeframe. Rate reserves the right to revoke this approval at any time if there is a change in your financial condition or credit history which would impair your ability to repay this obligation. Read and understand your Loan Commitment before waiving any mortgage contingencies. Borrower documentation and Intent to Proceed must be signed within 24 business hours of receipt. Not eligible for all loan types or residence types. Minimum down payment requirements apply. Not all borrowers will be approved. Borrower's interest rate will depend upon the specific characteristics of borrower's loan transaction, credit profile and other criteria. Not available in all states. Restrictions apply. Visit rate.com/same-day-mortgage for terms and conditions.
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