Down Payment Assistance
Although the state of Rhode Island does not provide free money for its residents who are first time home buyers and need help with the down payment and closing costs as some other states do, there is still Federal Grant money available as well as grants from private foundations. This could mean free money that shouldn't be passed up! The grant awards can be in the thousands of dollars. It will be well worth your time to educate yourself about the first time home buyer grant programs that are available to you.
FYI - in order to qualify for these funds you may be required to complete a first-time homebuyer course through one of the community development corporations. To learn more about these courses visit our [1st-Time Buyer's Courses] page.
If you wish to receive a free information packet of down payment assistance programs for the different cities that offer it, simply fill out the information below, and soon after you will receive an e-mail with the link to our first time home buyer down payment assistance packet.
Request your packet now! Enter your information below: