USDA Guaranteed Loans are the most popular rural development mortgage program in Rhode Island.  Along with no down payment requirement, USDA loans don’t have set maximum loan limits for the guaranteed mortgage program. Instead, local limits are determined by a combination of the area USDA maximum income limit and the applicant’s debt-to-income ratio.

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This approach means that the maximum loan limits for Guaranteed Loans are variable, with Rhode Island USDA income limits playing a major role.  Guaranteed Loan income limits across RI are listed below.

Rhode Island USDA Guaranteed Loan Income Limits

1-4 Person Households
5-8 Person Households
Newport-Middleton-Portsmouth, RI HUD Metro FMR Area$108,550$143,300
Providence-Fall River, RI-MA HUD Metro FMR Area$94,150$124,300
Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area$98,450$129,950
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