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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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In home improvement projects, the ceiling might be gone

Posted on Wednesday, August 24, 2016 at 2:29:44 PM

Home improvement spending has been unprecedentedly high in the past year, as individuals continue to invest in their abodes. Although it might have seemed like there would be some limit to just how high the rate of spending would rise, it is becoming clearer that this is very sustainable growth - despite being so enormous. 

Homeowners who are looking to make some improvements should check out the financing programs available, as this can help to ease the financial strain of bigger projects. Right now, the home improvement financing market is in preferable condition for consumers. With more projects expected to be launched in the near future, financing is likely to remain accessible. 

A look at the trend
The Wall Street Journal reported that repairs and remodeling projects are expected to represent $300 billion in consumer spending in 2016, which is even higher than the record of $285 billion that was set in 2007 before the housing crisis. Interestingly, small projects will make up the lion's share of the overall sum spent, while bigger projects on owned homes will be a little lighter. Rental projects are also up, the source explained. 

Unfortunately, there are some trends that have made it more difficult to purchase a new home. According to the news provider, new construction starts for residential real estate are down 40 percent compared to 2006, and home equity values have risen rapidly in the past couple of years. This is likely one of the reasons why so many homeowners are investing in their current homes, given the fact that markets are relatively slim in terms of available real estate. 

Still, seeing this type of increase in home improvement projects bodes well for the economy, as well as the residential real estate market. Combined with record-low interest rates on mortgages, the next step will need to be a resurgent construction landscape. 

Getting approved
Again, because so many homeowners are launching bigger projects, the need for financing is likely widespread. Rather than putting all of the savings into these initiatives all at once and hindering cash flow, a home improvement financing program can make the project a bit more comfortable. Always consider working with a local, community bank to ensure the best possible loan program is chosen, and all of the matters therein are understood.