Rhode Island Mortgage Guides 2026
This complete Rhode Island mortgage guide covers the 2026 FHA limit of $787,750 in all five counties, the $832,750 conforming limit, RIHousing loans and down payment assistance, USDA income limits, VA guidance including Naval Station Newport, and a closing cost breakdown built on the state conveyance tax and statutory recording fees — in one place.
Everything You Need for a Rhode Island Home Purchase
Six in-depth guides covering every stage of buying a home in Rhode Island — from choosing a loan program to knowing exactly what you will pay at the closing table.
Rhode Island Mortgage Guide
The $787,750 FHA limit and $832,750 conforming limit for all five counties, a loan program comparison, RIHousing loans, Rhode Island property taxes, and statewide conveyance tax and recording fees.
Read guide →Rhode Island First-Time Home Buyer
RIHousing’s First-time Homebuyer Loan, 15kDPA, Extra Assistance and FirstGenHomeRI, plus the price and income limits and steps to qualify.
Read guide →Rhode Island FHA Loan Requirements
The 2026 FHA limits for one to four units in every county, HUD credit and down payment rules, mortgage insurance premiums, and FHA versus conventional.
Read guide →Rhode Island VA Loan Requirements
VA eligibility, Naval Station Newport, no down payment and no monthly mortgage insurance, 2026 funding fees and exemptions, and pairing VA with RIHousing.
Read guide →Rhode Island USDA Loans
FY2026 USDA income limits for the Providence, Newport and Westerly areas, how to check an address, 100% financing, and current USDA fees.
Read guide →Rhode Island Closing Costs
The real estate conveyance tax and its $824,000 threshold, statutory recording fees, title insurance, the closing process, and ways to lower your costs.
Read guide →Key Rhode Island Mortgage Guide Facts
FHA Loan Limits (2026)
- All 5 counties: $787,750
- Two-unit limit: $1,008,450
- Conforming limit, all counties: $832,750
- HUD FHA mortgage limits lookup
RIHousing Home Loans
- First-time Homebuyer Loan: 100% financing available
- 15kDPA: $15,000 at 0%, no monthly payments
- Extra Assistance: up to $20,000 or 6%, whichever is lower
- FirstGenHomeRI: $25,000, eligible communities
- RIHousing homebuyer programs
Property Taxes
- Est. effective property tax rate: 1.21%
- Median real estate tax paid: $4,900
- Median owner-occupied home value: $404,200
- Census ACS 2020–2024, table B25103
Closing Cost Highlights
- Conveyance tax: $3.75 per $500, seller pays unless agreed otherwise
- Residential sales over $824,000 (2026): additional $3.75 per $500 on the excess
- Deed recording $80; mortgage recording $60
- R.I. Gen. Laws § 44-25-1
Buying or Refinancing in Rhode Island?
Rhode Island’s FHA and conforming limits are the same in every county, but RIHousing’s income limits, USDA’s income areas and the conveyance tax threshold all change what you can afford and what you pay at closing.
- ✓ Confirm current programs and limits with RIHousing
- ✓ Check RIHousing’s income limit for the area where you are buying
- ✓ Find out whether your address is eligible for a USDA loan
- ✓ Compare a RIHousing loan against a straight FHA, VA or conventional loan
Coming soon · No obligation · Educational first
Rhode Island Advisor Network — Coming Soon
We currently connect buyers with licensed mortgage advisors in Florida and Utah. Rhode Island is on our expansion list. In the meantime, our Rhode Island guides and the official program links above have everything you need to research your purchase.
Join the Rhode Island Waitlist