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There are 960 USDA backed residential loans in Rhode Island with an average loan balance of $203,288. Over 84% of the loans went to help first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $206,412. On average the rural home size purchased with this loan was approximately 1,305 SqFt. Select from the list of counties below or use the search feature to find houses in a city where you would like to live.
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA Properties throughout the state of Rhode Island.
Rhode Island State Motto: Hope
The Rhode Island Area Office is located in Warwick, RI. The office is open to the public Monday through Friday from 8:00 a.m. until 4:30 p.m.Featured Properties from USDA Loan Eligible Regions of Rhode Island