For more than two centuries, generations of people and businesses have turned to the trusted advisors at Washington Trust to help them achieve their financial goals through savings, lending, homebuying, and wealth building programs. Today, Washington Trust remains focused on its legacy of commitment to community and the personally attentive financial services it’s known for to help customers throughout all stages of their lives.
Rolando A. Lora, Executive Vice President, Chief Retail Lending Officer, and Director of Community Lending, oversees the Bank’s mortgage banking and consumer lending activities throughout the region. He has more than 30 years of experience in the financial services industry with expertise in professional mortgage and consumer origination, operations, and leadership development. He is a board member for the Rhode Island Mortgage Bankers Association.
Washington Trust’s experienced Rhode Island mortgage team assists borrowers with all their homebuying needs and includes dedicated community lending officers who provide potential homebuyers with the financial education, tools, and resources needed to guide them on their path to home ownership. The Bank works directly with local community groups, including One Neighborhood Builders, NeighborWorks Blackstone River Valley, West Elmwood Housing Development Corporation, and others, to collaborate on affordable housing solutions. Washington Trust’s unique RI Community Lending Program offers a variety of financing options, including matching funds/grants, closing cost credits and grants, waived lender fees, and low or discounted rates on fixed rate mortgages. Eligible borrowers may qualify for the Program by income and/or property location.
“As the nation’s oldest community bank, we’ve helped generations of Rhode Islanders achieve home ownership,” stated Lora. “We remain deeply committed to building home ownership equity throughout the State. We worked closely with our community housing partners to develop our RI Community Lending Program, which offers unique, flexible, and affordable opportunities, as well as one-on-one coaching and education, to help potential homebuyers achieve their dream of home ownership.”
NMLS #414726