Ready to take the next step and apply for a mortgage?

Our First-time Homebuyer Loan helps buyers realize their dream of homeownership.
Combined with down payment assistance, this loan allows you to finance 100% of the purchase price of your home.

Maximum Loan Amount

 Conventional, Non-MRB, and FHA Refinance programs: $736,000

Maximum Purchase Price

All MRB programs: $748,958

Income Limits

Contact our Loan Center directly if your annual household income is less than $120,934 (1-2 person household) or $139,074 (3+ person household).

Participating Lenders can assist you with our loan programs at any income level.

Extra

Assistance

RIHousing’s Extra Assistance program provides down payment assistance to eligible first-time homebuyers in Rhode Island to finance down payment and/or closing costs.

Extra Assistance

RIHousing’s Extra Assistance program provides down payment assistance to eligible first-time homebuyers in Rhode Island to finance down payment and/or closing costs.