We have what you want.
- Down payment and closing cost assistance
- Programs to help you buy and renovate the home of your dreams
- A local Loan Center and a statewide network of approved lenders
STEPS TO HOMEOWNERSHIP
Get Educated!
Take a Homebuyer Education class and learn everything you need to know about buying and mortgage financing.
Get pre-approved
Getting pre-approved makes you a more attractive buyer and gives you greater negotiation power.
Find a home
Work with a certified real estate professional to find the home that fits both your needs and your budget.
Sign a contract
By completing this step, you will finalize the terms of your loan and agreement.
Apply for a loan
RIHousing offers a range of mortgage options; learn more about which loan is right for you or apply now.
Close and become a homeowner!
Complete the final requirements in the closing process and enjoy your new home!
15kDPA
RIHousing’s 15kDPA program provides $15,000 in assistance for down payment and/or closing costs in the form of a zero-percent (0%) interest rate loan to first-time homebuyers in Rhode Island.
FirstGenHomeRI
FirstGenHomeRI opens the doors for first-generation homebuyers with $25,000 in down payment and/or closing cost assistance.
Extra
Assistance
RIHousing’s Extra Assistance program provides assistance to eligible first-time homebuyers in Rhode Island to finance down payment and/or closing costs.
Move up
& Refinance Loans
Looking to sell your home and buy a new one?
Move Up loans require as little as 3% down!
15kDPA
$15,000 in assistance for down payment and/or closing costs in the form of a zero-percent (0%) interest rate loan to first-time homebuyers in Rhode Island.
FirstGenHomeRI
FirstGenHomeRI opens the doors for first-generation homebuyers with $25,000 in down payment and/or closing cost assistance.
Extra Assistance
Down payment assistance to eligible first-time homebuyers in Rhode Island to finance down payment and/or closing costs.
Move up & Refinance Loans
Looking to sell your home and buy a new one?
Move Up loans require as little as 3% down!
Get Educated.
There’s a lot of competition out there today. When you find the home of your dreams, we want you to be ready. Our Homebuyer Education classes will arm you with what you need to know.
Register for a class today and learn about:
- Steps to Buying a Home, including the mortgage application process
- Overview of RIHousing loan programs
- Financial Considerations: credit, debt and planning for the future
Homebuyer Education is available through virtual or online classes.
Customers who are first-time homebuyers are required to take a Homebuyer Education class prior to closing on a RIHousing loan.
MORTGAGE CALCULATOR
Wondering how much home you can afford? Find out now.
