VA Loans in Rhode Island

Rhode Island pairs a statewide exemption for totally disabled veterans with local options that vary from town to town. The federal VA loan benefit is the same in every state: eligible buyers can buy with no down payment and competitive rates.

Rhode Island benefits for veterans

Property tax relief for veterans

Veterans the VA has determined to be totally disabled through a service-connected disability qualify for an exemption on their real property, and many cities and towns offer more on top of the statewide amount.

Veterans with a permanent service-connected disability who own a specially adapted home acquired or modified with VA assistance may be exempt from all property taxes on that homestead.

How to apply: Present your VA certificate to the tax assessor in your city or town.

VA loan basics

The essentials that apply in Rhode Island and every other state.

VA Loan Requirements & EligibilityThe benefit is earned through service. You'll need a Certificate of Eligibility, a home you'll live in, and a loan that fits your budget.Read more VA Loan BenefitsBuy with no down payment and competitive rates, with no prepayment penalty and a benefit you can use again.Read more VA Loan Costs & FeesThe main VA-specific cost is a one-time funding fee. Many borrowers are exempt, and it can often be rolled into the loan.Read more Types of VA LoansUse the benefit to buy a home, lower the rate on a current VA loan, or turn home equity into cash.Read more

Read the full VA loan guide · Choose a different state

Talk to a loan officer

Questions about VA loans in Rhode Island?

A Fidelity loan officer can talk through your eligibility and options one-on-one.

This page is for informational purposes only and is not a commitment to lend or an offer of credit. Program availability, terms and eligibility vary and are subject to change. Fidelity Funding Bancorp is not affiliated with or endorsed by the U.S. Department of Veterans Affairs or any government agency. Chu & Associates, Inc. DBA Fidelity Funding Bancorp. NMLS ID# 1076900. All loans are subject to credit approval, underwriting guidelines and property eligibility. Not available in all states.