Contracts & closings

In this final step on your path to homeownership, you will finalize the terms of your loan and legally take ownership of your home. This is the most important step in the homebuying process and it is essential to fully understand the different requirements involved.

As you prepare to close on your home, you should consult your closing and title attorney. Our Mortgage Specialists are available throughout this process to make sure you understand the terms of your loan and to help you make smart, informed decisions.

In this final step, you will:

  • Perform a final property walk-through
  • Purchase homeowner’s insurance (proof of insurance will be required at your closing)
  • Review settlement statement and all legal documents with your attorney
  • Complete your purchase and sign final documents

Congratulations! Go out and celebrate your new home!

TAKE THE NEXT STEP

Homebuyer Resources 
Use the link below to access a list of helpful resources available to Rhode Islanders looking to buy a home.
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Homeownership Articles
Check out these useful resources for information on how to keep your home safe and healthy for years to come.
HOMEOWNERSHIP ARTICLES