When it comes to buying a home, progress equals PASO™

Still think your first home is out of reach? Think again.

We believe that progress is turning your dream of home ownership into a reality.
The Providing Access to Secure Ownership (PASO™) loan is designed to help low-to-moderate income borrowers across Rhode Island and eastern Connecticut purchase or refinance a home.
Whether you are searching for your first home or want to refinance, PASO™ may be right for you.


30-Year Fixed Rate

5.838% APR*

Increase your buying power in a competitive market with a PASO™ loan.
  • Up to 100% financing available*

  • No PMI for eligible borrowers

  • For purchasing or refinancing

  • Down payment and closing cost assistance for qualified borrowers

  • For primary residences, including homes of up to 4 units

To qualify, borrowers must live in Rhode Island or eastern Connecticut, have a minimum FICO score of 680, and meet the necessary income requirements. Additional criteria may apply. Contact a Centreville Bank Loan Officer to learn more.

*The Annual Percentage Rate (APR) is fixed for 30 years and is current as of 4/24/2024. 360 monthly payments of $1,167.15 per $200,000 borrowed. The disclosed payment amount does not include taxes and insurance; the actual payment amount may be greater. Rates are available for owner-occupied, 1-4 family primary residence properties in Rhode Island and Eastern Connecticut. FICO score of 680 or greater required to be eligible. Property insurance is required. Flood insurance may be required. Closing Costs apply. Closing Cost assistance up to $7,500 for eligible borrowers. APR based on 100% financing. 100% financing available for eligible borrowers only. 3% down payment may be required. Down payment assistance available for eligible borrowers. Subject to credit approval. Other programs and terms are available. Contact Centreville Bank for eligibility requirements. Please contact a Centreville representative at 401.821.9100 or 800.377.4424 for details.