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WHAT PEOPLE ARE SAYING

Home Loan was started to help our customers achieve their goals, and we're proud of our track record. But don't take our word for it. Here's what some of our customers have to say:


"Working with Mario [Loan Originator] at Home Loan Investment Bank made the often rocky road of refinancing smooth and almost easy. Once we sent our information to Mario he reviewed it quickly, and promptly let us know if anything was missing. We were in Arizona, the property we were refinancing was in Maine, and Mario was in Rhode Island, but working with Mario was like working with a next door neighbor!"

– Dave M.


 "In this day and age, it is rare to find true kindness, consideration and courtesy. Emily [Loan Originator] was all of those things and more. I just wanted you, her manager, to know what a really excellent job she did for us. Thank you.

– D. Gayle & Robert W.


"This is just to thank you for all of your help. We finally closed on the houses! Please know that we are very thankful to you for helping us achieve a 'new' dream in America. My husband came to America 18 years ago with one dollar in his pocket and now he owns three houses... thanks to Home Loan Bank."

– Carolina B.


"Thanks to Kristin [Loan Originator] and your bank loan, this New Year is certainly looking brighter for me and my children. I know that I am one of the many thousands of people your bank deals with on a daily basis, but I never felt like a number or an account."

– Maggie C.


"I am writing to thank your for the opportunity for us to finally bring our previously high mortgage rate down. Due to financial difficulties over the past several years, until now we have been unable to do so. The opportunity your institution has made available for us is making all the difference in us securing our financial future."

– Karen T.


 "Thank you so much for all your help on our recent loan. Your professionalism, knowledge and great customer services made it all happen."

 – Frank and Eileen S.


"I closed on a home refinance with Home Loan Investment Bank in May. Mario [Loan Originator] made the process easy and painless. Mario and Home Loan were great to work with. It was just like your neighborhood bank on the phone and over email, and they were always available to move the process forward. This was truly a once in a lifetime refinance opportunity. I have the same monthly payment for a 15 year fixed mortgage versus my old 30 year fixed mortgage. Thank you. "

– Nils M.


"Thank you for superior professionalism and just plain human compassion throughout my refinancing process."

– Sonja S.


"I have been a Real Estate Broker for over 24 years, dealt with a lot of banks, bankers and brokers and I have never been treated so kindly."

– Evelyn B.


"Lance [Loan Originator] was extremely helpful, answered all of our questions promptly, whether asked by phone or fax, and his attention to detail and follow up were commendable. It may be a level of excellence that you expect from all of your agents, but we found it exceptional and worthy of comment."

– Harold S.


"We have told other people about the great way we were treated and about the smooth refinancing experience your company and Emily [Loan Originator] provided and have referred them all to you for help in refinancing their home."

–Gay and John B.

  
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Keeping remodeling costs under control

Posted on Tuesday, October 13, 2015 at 10:38:30 AM

Increasingly homeowners are apt to start remodeling projects to build their dream home, a trend which could push the cost of some home improvements upward. 

The National Association of Home Builders' Remodeling Market Index has been positive through 2015, with the latest iteration of the quarterly gauge showing confidence across all regions in the U.S. Such high hopes for home improvement spending will likely influence the cost of remodels. 

"Renovation spending is expected to reach a high in the third quarter of this year, surpassing its previous record of 2007," John Lyon, a sales representative with Home Loan Investment Bank, explained. "This means increasingly more demand for contractors which can, in itself, drive up prices."

Homeowners who are interested in remodeling, and may be considering applying for home improvement financing, certainly have options in terms of staying within budget, though, according to Lyon. He explained that the first step for homeowners is to set their budget, and to keep in mind their wants versus needs while doing so. It is quite easy for projects to go over budget. Lyon noted several steps for homeowners to follow to make sure they remain within their budgets. 

Plan properly
It is important to come up with a complete plan in the beginning. There is no faster way to go over budget than to make changes while the project is already underway, Lyon explained. 

Be realistic when planning
Remodeling costs often get out of hand when people are not realistic about what they can afford and what they can't. When budgeting, it is important to consider how much you have to spend, and how much the average costs are for the changes that you want. If those costs are too high, don't include them.

"You can't expect to remodel a kitchen with new appliances, granite counter tops, new lights, and a new sink with only a budget of $2,000," said Lyon. "You will definitely go over budget if that is the case."

DIY work will help you save
Taking care of some of the work yourself may help you save a few thousand dollars, Lyon explained. When putting together your budget, consider which parts of the remodel you can take care of yourself. 

Shop around
When you're putting together your budget, check out how prices for appliances and materials compare at different outlets to make sure you get the best deal. By hunting down the lowest prices, you'll ensure your budget is attainable. 

"While you do have to be realistic when coming up with your budget, don't forget to shop around when looking for new appliances, flooring, doors or even contractors," said Lyon. "By looking at different stores, you will be able to price compare so you can find the best deal. A lot of places have price matching deals, so if you see an ad or item in a different store, but have credit somewhere else or like their policy better, they may be able to match the cheaper price for you."

By planning well when putting together your home improvement budget, you'll ensure you keep remodels affordable.