Rhode Island Housing Down Payment Assistance Loan

Rhode Island Housing

Available Down Payment

About This Program

Low-interest loan for down payment and closing costs for first-time homebuyers purchasing in Rhode Island. Loan is subordinate to first mortgage with favorable repayment terms.

Low-interest second mortgage for down payment assistance

Key Details

  • Up to $15,000 for down payment and closing costs
  • Low-interest subordinate loan
  • For first-time homebuyers
  • Income and purchase price limits apply
  • Must use with RI Housing first mortgage

How to Apply

Get free help applying Visit Official Program Page Track this program

(401) 457-1234

A grant-savvy contractor in Cranston, RI can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Rolling applications

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