Rhode Island Reverse Mortgage Lenders
Reverse Mortgage Product Options in Rhode Island
| HomeForLife | HECM | |
| Traditional Reverse Mortgage (Reverse Mortgage 101) |
Yes | Yes |
| Refinance Existing Reverse Mortgage with Another (HECM to HECM) |
Yes | Yes |
| Purchase a Home with a Reverse Mortgage (HECM for Purchase) |
Yes | Yes |
| Minimum Age for Eligibility in RI | Not Available | 62 |
| Get Your Quote → | Get Your Quote → |
Reverse Mortgage Interest Rates in Rhode Island
The 10-year CMT index average used here is 5.13%. Reverse mortgage interest rates adjust weekly on Tuesdays, so the next adjustment date will be Tuesday, November 3, 2026.
The projected index for next week is 5.00%, compared to this week’s index, which is 5.13%. This means that rates are projected to be between 6.75% and 7.50%.
Click to learn more about Reverse Mortgage Interest Rates (& how they affect you) →
Index data source: U.S. Treasury Daily Par Yield Curve Rates, 10-year. Latest observation October 26, 2026. Projected rates are estimates, not a personalized quote.
Local Reverse Mortgage Lenders in Rhode Island
Although South River Mortgage originates loans all across the country, we do maintain a local presence in Rhode Island. We have a resident agent location at 222 Jefferson Blvd., Suite 200, Warwick, RI 02888. Get Your Quote →
HUD also maintains a list of local lenders. Get Your Quote →
Reverse Mortgage Loan Origination Statistics in Rhode Island
We have pulled together a number of useful reverse mortgage loan statistics for RI. These loan origination statistics are put together below as a courtesy, and as such, we cannot make any guarantees about the accuracy of the information.
Note that this data was sourced from a proprietary data set, so it includes loans outside of the FHA HECM loans listed on the HECM Portfolio Snapshot.
Reverse Mortgages in Rhode Island
Download the dataset (anonymized) as a CSV file.
Average Reverse Mortgage Home Values in Rhode Island
Download the dataset (anonymized) as a CSV file
Reverse Mortgage Interest Rates in Rhode Island
Download the dataset (anonymized) as a CSV file
State Regulator & Licensing in Rhode Island
Make sure you are working with a licensed mortgage lender in Rhode Island. South River Mortgage maintains approval with Rhode Island and holds the Loan Broker License # 20265031LB.
County-Specific Loan Information in Rhode Island
Rhode Island has 5, and each county has its own specifics. We have compiled county-by-county loan statistics and information, whether you are looking for a reverse mortgage or just curious about loan origination activity. Kindly note that this information is provided on a best-efforts basis – and while we do as much quality control work as possible – we make no guarantees to the accuracy of loan statistical information provided
Choose any county to learn more about reverse mortgages in that area: