R.I. Gen. Laws § 30-19-1
Every minor of sane mind, whether or not under guardianship by reason of minority, who, under the provisions of federal law is eligible for housing loans, may, with the same force, effect, and validity as if that minor were eighteen (18) years of age with full legal capacity, enter into, make, swear to, or affirm, execute, acknowledge, and deliver any and all mortgages of real and personal property, notes, and bonds secured by mortgage and other instruments of mortgage and any and all contracts, agreements, notes, bonds, obligations, covenants, warranties, affidavits, and vouchers which may be requisite, necessary, desirable, or incident to obtaining any loan guaranteed, in part or in full, under the provisions of federal law, or to obtaining any loan, guaranty, or other benefit thereunder; and with like force, effect, and validity may contract for and purchase real and personal property and pay the consideration therefor in all cases in which part or all of the purchase price consists of the proceeds of a loan guaranteed, in part or in full, under the provisions of federal law.
R.I. Gen. Laws § 30-19-1