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Our blog provides timely and helpful information about bank services, money-saving tips, local events, industry information and more!


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Whether you’re preparing to rent or buy, we encourage you to be familiar with the following housing terms.

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Before you can make the transition from renting your home to owning your home, you will need to have a substantial down payment, typically 5 to 20 percent of the home’s value.

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Now that you’re settling in to your new home, there are some important things you need to consider.

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The vast majority of older Americans want to remain in their homes as they grow older, also known as aging in place. Washington Trust is offering the following tips for those considering this option. Take a hard look at your finances. Arrange a meeting with a trusted family member or friend and a banker. It’s critical to understand your financial resources, how long they’ll last and what housing options are the most cost effective for you.

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Moving into your own place can be exciting and frightening at the same time. Washington Trust suggests considering the following questions when choosing your own home.

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A home improvement loan is a great way to help pay for big or small upgrades and remodels to your home. Washington Trust’s Home Improvement Express Loan is perfect for financing roof or window repairs, a new patio or driveway, a new furnace, or any other home improvement on your list.

The opinions expressed in this newsletter are those of the author and may not reflect those of The Washington Trust Company. The information in this report has been obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Any opinions expressed herein are subject to change at any time without notice. Any person relying upon this information shall be solely responsible for the consequences of such reliance. Performance is historical and does not guarantee future results.

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