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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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Auto financing to stay affordable in 2016

Posted on Wednesday, February 17, 2016 at 10:17:22 AM

It is going to be another good year for auto financing. According to U.S. News & World Report, average interest rates in 2015 were about 4.3 percent for new cars and about 5 percent for used ones. This year, the best rates for well-qualified drivers will stay below 4 percent. On average, U.S. News predicted that new car rates would be around 5 percent by the end of the year.

"We've had so many economic fits and starts that have really helped keep rates low and keep them from going up," Greg McBride, chief financial analyst for Bankrate.com, told U.S. News. "I think we've got a similar path ahead. Even though the economy is doing better, I don't expect rates are going to be zooming higher anytime soon. Any increases are going to be gradual and pretty uneven."

Even if financing rates top out at somewhere between 5 and 6 percent as 2016 comes to a close, U.S. News determined that they would still be historically low. Buyers will see little difference between the kinds of vehicles they could afford last year and those within their reach this year.

"Nobody's going to have to downsize from the SUV to the compact because interest rates are going up," McBride said.

Drivers looking to take advantage of lending money to purchase a vehicle should remember that certain factors can prevent them from doing so. Credit.com described how repossession, bankruptcy, incomplete loan documents and a sparse credit history can all be obstacles to getting a loan. 

It's important to remember that honesty is of central importance in the loan process. Lenders understand that borrowers run into credit challenges, and as long as borrowers are forthright about them, lenders like Home Loan Investment Bank will work to get them the best loan possible.