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Rhode Island down payment assistance programs

Quick answer

Rhode Island buyers can get down payment help from Rhode Island Housing. Its RIHousing Extra Assistance offers Up to 6% of the purchase price or $20,000, whichever is lower. Most programs require using the agency's first mortgage, meeting income limits and completing homebuyer education. Details below come from the official agency site.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsPrograms last verified

What down payment assistance does Rhode Island offer?

ProgramAmountTypeMin. creditFirst-time only?
RIHousing Extra AssistanceUp to 6% of the purchase price or $20,000, whichever is lowerRepayable second mortgage620Yes

How do I apply for Rhode Island down payment assistance?

  1. Find a participating lender approved by Rhode Island Housing.
  2. Get pre-approved for the agency's first mortgage and confirm you meet income and price limits.
  3. Complete the required homebuyer education course.
  4. Your lender reserves the assistance when you go under contract.

Cities in Rhode Island

ProvidenceWarwickCranstonPawtucketEast ProvidenceWoonsocketNewportCentral FallsWesterlyValley Falls

Other states with verified programs

AlabamaArkansasCaliforniaColoradoConnecticutDelawareDistrict Of ColumbiaFloridaIdahoIllinois

Frequently asked questions

RIHousing Extra Assistance: Up to 6% of the purchase price or $20,000, whichever is lower.

Most verified programs here target first-time buyers or have eligibility exceptions; check each program's official page.

Published minimums range from 620 to 620 among the programs we verified.

Sources

Data last updated October 23, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.