Loan Center Mortgage Rates

Loan Center
Mortgage Rates

The RIHousing Loan Center offers mortgages for first-time homebuyers, or current RIHousing mortgage holders who are looking to refinance their existing mortgage.

RIHousing offers loan options designed to fit the needs of homebuyers and homeowners. All posted rates are for 20* or 30-year terms with zero points. (Borrower may elect to pay points in order to obtain a lower corresponding rate).

Income limits: Loan Center

1 or 2 person household: $137,160

3 or more in the household: $160,020

Maximum Loan Amount

Conventional: $832,750

Government-Insured (FHA, VA, USDA): $787,750

Maximum Acquisition Cost

$848,989

as of April 28, 2026 @ 10:00 a.m.
Rate
APR

First Mortgage Loan Programs

FHA, VA, RD Purchase Mortgage
5.750%
6.537%
FHA 203(k) Purchase Rehab Mortgage
6.875%
7.807%
FHA Refinance Mortgage

(Streamline, Cash-out, Rate and Term)
6.625%
7.429%
Conventional Purchase/Refinance Mortgage**
6.500%
7.061%

*20 year terms are for conventional programs only.
**Higher interest rates and/or points may apply in transactions where borrower(s) exceed 80% of Fannie Mae’s Area Median Income. 
Rates are subject to change without prior notice.

Take The Next Step

Contact the RIHousing Loan Center or Participating Lender to explore your options and determine which loan best fits your needs.

Are you a Newport resident?

Check whether your current residence is located within an eligible census tract.

Newport-Census-Map

Only residents of census tract 405 are eligible for the FirstGenHomeRI pilot program.

The map on the left shows the approximated eligible region.

Unsure if your address is part of the eligible region?

Type in your address below to find out (Include street #, street name, Newport, RI).

Data mapped by PolicyMap, an online GIS mapping tool.

Do you live in Central Falls, Pawtucket, Newport or East Providence?

Check whether your current residence is located within an eligible census tract for application prioritization.

Applications from residents who live in the census tract listed below are prioritized.

Central Falls 44007010900, 44007010800, 44007011100, 44007011000
Pawtucket 44007016000, 44007015300, 44007015100, 44007015200, 44007015500, 44007016600, 44007016700, 44007017000, 44007017100, 44007016100, 44007016400
Newport 44005040500, 44005041100
East Providence 44007010100, 44007010501

Type in your address below to learn if you are in the targeted area. (Include street #, street name, city, RI).