*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.
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).
Based on Property Location
If your annual household income is below the limit for the city or town where you’re buying a home, our Loan Center can help you with your mortgage application.
| Property Location | 1–2 Person Household | 3+ Person Household |
| Providence Area Barrington, Bristol, Burrillville, Central Falls, Charlestown, Coventry, Cranston, Cumberland, East Greenwich, East Providence, Exeter, Foster, Glocester, Jamestown, Johnston, Lincoln, Little Compton, Narragansett, North Kingstown, North Providence, North Smithfield, Pawtucket, Providence, Richmond, Scituate, Smithfield, South Kingstown, Tiverton, Warren, Warwick, West Greenwich, West Warwick, Woonsocket | $134,520 | $156,940 |
| Westerly Area Hopkinton, New Shoreham, Westerly | $150,782 | $173,399 |
| Newport Area Middletown, Newport, Portsmouth | $149,042 | $171,398 |
These income limits apply only to mortgages processed through our Loan Center. Participating Lenders can help eligible homebuyers with our mortgage programs at any household income.
Conventional: $832,750
Government-Insured (FHA, VA, USDA): $787,750
$915,883
Contact the RIHousing Loan Center or Participating Lender to explore your options and determine which loan best fits your needs.
Check whether your current residence is located within an eligible census tract.
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).
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).