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RI

Rhode Island

2024 Loan Rules & Limits

📊 Loan Limits (2024)

Conforming Limit
$862,500
FHFA single-family baseline
FHA Floor
$862,500
HUD single-family baseline
High-Cost Area: Parts of Rhode Island may qualify for loan limits up to $1,149,825. Check with your lender for county-specific limits.

💰 Tax Climate

State Income Tax
Yes

🏛️ State Housing Agency

RIHousing

Available Programs

  • RIHousing First Down
  • RI Down Payment Assistance

📋 Lending Notes

Entire state elevated due to Providence MSA proximity to Boston. Smallest U.S. state — market tracks Boston closely.

Loan limits effective January 1, 2024. Actual limits vary by county. Always verify current limits with your lender or at hud.gov and fhfa.gov.