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 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!
RI REALTORS® Homebuyer Grant
Thank you for your interest in the RI REALTORS® Homebuyer Grant. Effective immediately, reservations for the RI REALTORS® Homebuyer Grant will no longer be accepted. Grant funds previously reserved will be honored and processed.
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 down payment assistance to eligible first-time homebuyers in Rhode Island to finance down payment and/or closing costs.
RI REALTORS® Homebuyer Grant
Thank you for your interest in the RI REALTORS® Homebuyer Grant. Effective immediately, reservations for the RI REALTORS® Homebuyer Grant will no longer be accepted. Grant funds previously reserved will be honored and processed.
Move up & Refinance Loans
Looking to sell your home and buy a new one?
Move Up loans require as little as 3% down!
Please Note: RIHousing’s Extra Assistance programs are only available with a RIHousing first mortgage. If you are currently working with a Mortgage Originator, please contact them directly to see if you qualify for this program.
Do’s and Don’ts of Homebuying
Do's
Keep important financial documents organized and accessible
- Keep all originals and have access to all of your paystubs, bank statements and other important financial documents.
- Make timely payment on all current debt obligations, including any car, student loan and/or credit cards
Notify your Mortgage Originator about your financial changes
- prior to making any changes to your employment status such as changes to position or pay
- any pay raises or transfers
- any loss of income
- if you plan on receiving gift funds for closing
Don'ts
Make changes to your financial flow
- Transfer any funds between your accounts without receiving the proper documentation
- Deposit monies outside your payroll deposits, particularly from the sale of personal items, without proper documentation
Make financial changes that will impact your credit score
- Open or increase any liabilities during your contract
- Close or open any asset or credit accounts
- Advance cash from any credit cards or borrow any funds
- Miss contractual monthly payments on credit cards, student loans and/or car loans
- Make any large purchases that could impact your credit score, required funds to close or assets
MORTGAGE CALCULATOR
Wondering how much home you can afford? Find out now.
[es_mortgage_calculator layout=”vertical”]
Get Educated.
When you find the home of your dreams, we want you to be ready. Register for a class today.
- Steps to Buying a Home, including the mortgage application process
- Overview of RIHousing loan programs
- Financial Considerations: credit, debt and planning for the future
Customers who are first-time homebuyers are required to take a Homebuyer Education class prior to closing on a RIHousing loan.
Need help?
Let us guide you though the Loan Center!
