RIHousing Loan Center

The RIHousing Loan Center has experienced professionals who can help first-time homebuyers navigate their path to homeownership.

Hello!

Rob Rocchio

Mortgage Originator
401-450-1304
rrocchio@rihousing.com

MORTGAGE CALCULATOR

Wondering how much home you can afford?

year(s)

Your total monthly payment

Principal & Interest

Hello!

Rob Rocchio

Mortgage Originator
401-450-1304
rrocchio@rihousing.com

MORTGAGE CALCULATOR

Wondering how much home you can afford?

year(s)

Your total monthly payment

Principal & Interest

FIRST-TIME HOMEBUYER LOANS

  • 100% financing available (no down payment required)
  • Down payment and/or closing cost assistance
  • No mortgage insurance program available for qualified borrowers

SPRING7500
Down Payment Assistance

Limited Funds – Act Now

RIHousing’s new Spring7500 campaign provides a $7,500 down payment assistance loan to eligible first-time homebuyers in Rhode Island.

FIRST TIME HOMEBUYER LOANS

  • 100% financing (no down payment required)
  • Down payment and/or closing cost assistance
  • No mortgage insurance program available for qualified borrowers (resulting in lower monthly payments)

SPRING7500
Down Payment Assistance

Limited Funds – Act Now

RIHousing’s new Spring7500 campaign provides a $7,500 down payment assistance loan to eligible first-time homebuyers in Rhode Island.

10 STEPS TO HOMEOWNERSHIP

Find your Dream Home

Review and sign disclosure and order appraisal

Processing

Underwriting

Commitment

Clear to close

Closing

Congratulations! Move into your new home!

10 Steps to Homebuying

Swipe to learn about our homebuying process!

Find your Dream Home

Review and sign disclosure and order appraisal

Processing

Underwriting

Commitment

Clear to close

Closing

Congratulations! Move into your new home!

HOMEBUYER RENOVATION
LOANS / 203(k)

  • Loan for borrowers purchasing a home that needs renovations
  • Finances the mortgage and renovations
  • 100% financing available (no down payment required)
  • Closing cost assistance available

FIRST HOMES
TAX CREDIT

 

  • Tax savings for eligible borrowers
  • Reduces a borrower’s federal tax liability
  • Can be claimed each year for the life of the mortgage

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:

  1. Steps to Buying a Home, including the mortgage application process
  2. Overview of RIHousing loan programs
  3. Financial Considerations: credit, debt and planning for the future

Homebuyer Education is available in-person and online, in English and Spanish.

Customers who are first-time homebuyers are required to take a Homebuyer Education class prior to closing on a RIHousing loan.