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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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Getting the right residential financing program

Posted on Saturday, June 18, 2016 at 4:03:01 PM

The residential financing market has become a bit more competitive in the past few years, driven by the progressive economic improvements seen across a range of industries and regions. With rates remaining extremely low and standards easing a bit, prospective homeowners have a much larger variety of options available to them today than they had about seven or eight years ago, as well as a relatively healthy residential real estate market to purchase through. 

At the same time, many individuals have struggled to get the right loans, or even receive any type of financing at all. This includes millennials who are still struggling with student debt. In fact, CNBC reported that more than 70 percent of millennials believe that their student debt is indeed making it far less likely for them to purchase a home in the near term. Considering the fact that this generation now represents some of the most potential for home sales, something needs to give. 

Much of the challenge will relate to the identification of the best possible financing program. 

Overcoming common obstacles
Money Control recently published a blog post from Rajiv Raj regarding the most popular issues that home buyers will face when they are seeking out financing. For example, he stated that non-refundable processing fees can be somewhat large and potentially crippling to a home buyer who is on a budget, should the purchase fall through. That type of cost should be avoided if at all possible to ensure that simple processing does not hinder the chances of closing on a sale. 

Raj pointed out that fixed and floating rates can be somewhat difficult to understand, but will play a major role in the final tally at the end of the loan term. As such, he suggested researching which would be best in accordance with the specific homeowner's finances to make the right decision. Working with a reliable, trustworthy lender can help homeowners land on the right option. 

Work with a community bank
Larger financial institutions will not necessarily have the same type of applicable knowledge of the local market as community banks, nor will they be able to provide the best guidance. Prospective home buyers - especially those who are going through the gamut of residential financing for the first time - should strongly consider working with their community banks to decide on the right program for their needs.