Rhode Island homeowners will benefit from new increased FHA mortgage loan limits with fixed rate purchase money and refinance loans up to $475,000 in designated high cost areas. Home refinancing has never been easier with cash out refinance loans available up to 85% for qualified borrowers.
FHA home loans have helped thousands of of renters in Rhode Island become homeowners. The Housing of Urban Development raised the Rhode Island mortgage maximum limits for 2024 and the loan changes can be seen below by county.
MSA Name | County Name | State | One-Family | Two-Family | Three-Family | Four-Family |
| PROVIDENCE-NEW BEDFORD-FALL RIVER , RI -MA (MSA) | KENT | RI | $475,000 | $608,100 | $735,050 | $913,450 |
| PROVIDENCE-NEW BEDFORD-FALL RIVER , RI -MA (MSA) | BRISTOL | RI | $475,000 | $608,100 | $735,050 | $913,450 |
| PROVIDENCE-NEW BEDFORD-FALL RIVER , RI -MA (MSA) | NEWPORT | RI | $475,000 | $608,100 | $735,050 | $913,450 |
| PROVIDENCE-NEW BEDFORD-FALL RIVER , RI -MA (MSA) | PROVIDENCE | RI | $475,000 | $608,100 | $735,050 | $913,450 |
| PROVIDENCE-NEW BEDFORD-FALL RIVER , RI -MA (MSA) | WASHINGTON | RI | $475,000 | $608,100 | $735,050 | $913,450 |