•  
  •  
  •  

Loan options

Whether you’re looking to buy a home or fix up the one you have, Rhode Island Housing offers a variety of safe and affordable loan options to meet your needs.

 

Programs

FirstHomes

FirstHomes

Our FirstHomes loans are designed for first-time homebuyers and offer low, fixed rate, 30-year mortgages with options for 100% financing (no down payment) and closing cost assistance.

Beyond FirstHomes

Beyond FirstHomes

Not your first time buying a home? For qualified borrowers purchasing a new home or those refinancing an existing mortgage, Beyond FirstHomes loans provide financing up to 97% of the appraised value of your home and offer a lower monthly cost alternative by removing mortgage insurance requirements. Beyond FirstHomes loans are available through our network of Participating Lenders.

New LastingHomes

LastingHomes

Our LastingHomes program offers several loan options to help finance a variety of expenses, including necessary home improvements. These loans help ensure that Rhode Islanders can live in and maintain their current home for as long as they want.