Not-So-Scary Homebuying 
Homebuying can seem frightening, but with Rhode Island Housing's helpful staff and the many programs and services available to your clients, buying a home can be a walk in the park. We have what homebuyers need to ease their fears and make a successful transition to homeownership.

We offer 203(k) loans to help with those sometimes frightening repair and renovation costs when buying a fixer-upper. A 203(k) loan can also help first-time homebuyers settle into their dream home faster by allowing for:
  • Upgrades and home improvements
  • Expert assistance throughout the renovation process
The Path to Homeownership doesn't have to be scary with our Steps to Homeownership, which provides details and guidance for each step in the homebuying process.

With our downloadable pre-approval form, your clients can get pre-approved fast so they can take the next step on their path to homeownership. A pre-approval:
  • Increases their negotiating power
  • Makes them a more "attractive" buyer
  • Provides a more comprehensive report than pre-qualification 

Available to first-time Rhode Island homebuyers , this program is a great option to help new buyers save money. We've taken the "mystery" out of it with our easy-to-understand infographic. 


Contact the Loan Center today to:
  • schedule training on products and services
  • pre-approve your customers
  • show you how your clients can finance 100%
  • learn about closing cost and down payment assistance
  • answer any questions you may have

Mark Capuano
Senior Manager of Homeownership


About Rhode Island Housing


Since 1973, Rhode Island Housing has worked together with dedicated industry professionals to help more than 60,000 Rhode Islanders purchase their first home. What sets us apart is our ability to provide 100% financing, closing cost assistance and, in some cases, no mortgage insurance. In addition to our lending services, we are committed to providing your clients education and guidance to help them realize the dream of owning a home.

Click here to see our 2015 Annual Report.

Current Rates 

Grad Grant and Renewed Homes 

Thank you to all of our realtor partners for your efforts. Because of you, 
Ocean State Grad Grant  and our  Renewed Homes Program  were extremely successful!

As of September 30, 2016, both of these programs have reached full allotment. 

Congratulations to newly appointed 2017 Officers and Directors of the Rhode Island Association of REALTORS┬«. We look forward to working with your new leadership!   

Quick Links

Up to $2,000 a year for the life of the mortgage.

Our fall schedule is now available!

by HousingWorksRI

Your "one-stop shop" to Rhode  Island Housing homebuying resources.
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