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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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Car sales become increasingly competitive

Posted on Wednesday, January 25, 2017 at 12:16:47 PM

If you are in the market for a new or used car, 2017 should be a pretty good year. Manufacturers continue to get more creative with their designs and the inclusion of modern technologies, while a healthy level of consumer spending is yielding some incredibly competitive deals on both new and used models. What's more, the automotive financing arena has grown consistently throughout the past few years, meaning that access to credit is at an all time high. 

And it does not really matter what type of credit situation you have, as even subprime loans are looking healthy. One study from the American Financial Services Association stated that all major American credit bureaus are in agreement that subprime lending is stable today, meaning that even what once were somewhat risky accounts are being paid off consistently. So, suffice it to say that there is a lot to be excited about in the car buying conversation this year. 

The climate
USA Today recently reported that 2016 saw the highest numbers of cars sold in a single year at 17.55 million, and all signs point to continued growth in 2017. According to the news provider, despite December marking a record for the average new car purchase price, $32,000, sales remained strong. There have been some increases in leasing as well. What's more, the source pointed out that manufacturers are increasing their breadth and value of incentives, with an estimated average of $4,000 in cash back per the latest data.

In terms of lending, car buyers can expect to pay higher rates on their financing programs, but not by enough to make the monthly payment too high to be attractive, USA Today noted. Add that to the fact that there are a lot of relatively young used cars on the market, and it becomes clear why the automotive industry is looking so good in the U.S. currently, which also translates to a strong economy. 

Purchase intelligently
If you, like many Americans, are looking to purchase a car this year, make sure you go into the process informed and ready to make a deal that will benefit you financially in the long run. In addition to researching vehicles and trying to get the lowest possible purchase price, you will also need to remember some of the basics of financing programs. For example, The Motley Fool urged car buyers to pay little mind to the monthly payments on a car loan, as they can be entirely misleading. 

According to the website, the total price paid on the loan is the more important figure, and can be clouded by low monthly payments when really the interest rates are high and terms span out more than the current average of 68 months. There are plenty other matters involved in automotive financing programs, which is why speaking to a representative from your local bank can be such a valuable activity before purchasing a vehicle and singing onto a loan. Happy shopping!