RI VA Home Loans / Mortgages
Are you a veteran interested in purchasing or refinancing a home in Providence, Warwick, Pawtucket, Cranston or elsewhere in Rhode Island? Home Point Financial proudly offers Rhode Island VA Loans to American Veterans. RI VA Loans are available to veterans, active duty service members, US National Guard and reserve members, surviving spouses and others seeking home ownership in Rhode Island.
Requirements and Eligibility for Rhode Island VA Loans
- Eligible for RI homes which the qualified borrower is going to occupy
- Good credit score
- Sufficient income
- Valid Certificate of Eligibility
VA Loans (Rhode Island) – Benefits and Features
- Down payment is not required for Rhode Island VA Loans
- No prepayment penalties
- No private mortgage insurance to pay each month
- Rhode Island VA Loan closing costs can be paid by the seller
- RI loans are assumable by qualified borrowers
- Veteran may reuse entitlements
There are a number of VA Loan programs in Rhode Island including Rhode Island Purchase Loans, Cash-Out Refinance, etc. Apply now or contact Home Point Financial’s loan specialists to learn more about VA Loans in Rhode Island.
