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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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Homebuying demand dips, opportunities remain for affordable residential financing

Posted on Thursday, October 31, 2013 at 10:26:36 AM

Demand for residential properties is on the way down, according to a recent report from Redfin. The housing market appears to be shifting away from sellers, and buyers may now have the upper hand.

This trend is different than the same time in 2012, when momentum was on the upswing. For buyers interested in residential financing, this means they could have an easier time securing a great deal on their dream homes. Less buyers mean sellers don't have as many options, without as much room to negotiate as before.

However, fluctuating residential financing rates could be one reason why there are fewer people looking for real estate. Home Loan Investment Bank's Patrick Deady recently offered some advice for potential buyers on how to save money and find the best deals.

"Higher mortgage rates do have an effect on homebuyer demand," said Deady. "Higher interest rates increase monthly payments, which can result in prospective homebuyers delaying or cancelling their plans to buy."

While this may worry some, there are plenty of methods one can take in order to use affordable residential financing to break into the market sooner rather than later.

"There are some steps that homebuyers can take to make homeownership more affordable," explained Deady. "One example is to consider purchasing a multi-family where the rents received can help offset the other expenses of homeownership. Another example is to seek out special first-time homebuyer programs in your area where there may be discounted rates or even grants for first-time homebuyers. Your local mortgage professional is a great resource for such programs."

Peak buying season typically falls in the summer. That doesn't mean, however, that autumn and winter are bad times to buy. With a solid strategy, any homebuyer can find the perfect property, no matter what time of year.

"First-time buyers should always align themselves with a good Realtor and mortgage professional to maximize affordability," said Deady. "Such professionals can help a homebuyer navigate the expenses that a first-time buyer might not anticipate. Patience and flexibility are keys when searching for a good deal in real estate.  When supply increases - which is happening in many markets - buyers are in a better position to request concessions or price reductions from sellers."

Therefore, less buyers in the winter could equal more residential financing opportunities.

"We tend to see a trend of increased supply in the off-seasons of fall and winter," added Deady. "Overall decreased demand translates into a good opportunity for buyers who look to be in the driver's seat of transactions. Decreased demand allows buyers to be more aggressive with their offers and expect sellers to negotiate lower, which will result in reduced purchase prices and better deals for all."

Even as demand for properties declines this season, anyone can still look for that dream purchase. With a great strategy and help from the experienced professionals at Home Loan Investment Bank, buying at any time during the year is a smart idea.