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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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Renovation spending high, home improvement financing helps upgrade to sell

Posted on Monday, November 11, 2013 at 10:31:40 AM

Over the next few months, homeowners might spend on renovations at levels not seen since the housing boom, according to recent data from the Joint Center for Housing Studies of Harvard University. While growth may slow down in the middle of 2014, remodeling activity is expected to remain strong for the foreseeable future.

There are plenty of choices for those planning renovations, and home improvement financing can be a great way to afford the best upgrades. Recently, Home Loan Investment Bank's Brian Harvey took the time to offer several tips for individuals itching to begin a new remodeling project underway.

"Remodeling and improving your house can be a great way to increase the value of your home," said Harvey. "It can also help you gain extra space or even make it possible to stay in one place longer - but there may come a day when you might want or need to sell your home."

Home improvement financing and the right renovations could make a property more attractive for certain buyers, and raising equity is critical before listing a home on the market.

"Many homeowners are just now starting to recapture some of the equity lost in the housing collapse and long-stalled projects can now be undertaken," added Harvey. "The stronger housing market and higher home prices have afforded many homeowners the ability to obtain the means to complete these projects and to recoup their [costs] when selling. That hasn't been an option the past several years.

However, Harvey explained that not all home improvements are created equal. Instead, some will provide a boost to value while others will make it more difficult to sell.

"Certain projects add more resale value than others," he said. "The most common that have the best financial impact are no surprise. They have become the standard improvements that most homeowner's seek out."

Harvey noted that a kitchen renovation, for example, is a great way to add value. He added that this is especially true in older homes, where homebuyers enjoy seeing modern conveniences, updated features and outdoor improvements. 

For many, home improvement financing may be the ideal strategy to incorporate some of those upgrades into a house, especially before selling.

"Your house makes a first impression quickly, so improving the exterior - especially the front yard with siding, landscaping, and walkways or driveways - can lure homebuyers as opposed to scaring them away. The old stand-by improvements of a new roof and replacement windows can be expensive to replace, but buyers expect these to be in good condition. This can mean that replacing these items may not dramatically increase the resale value while not replacing them can significantly decrease it."

Many buyers don't want to purchase the dirt and grime left behind by old residents. On the contrary, a well-kept, attractive home can be a major selling point.

"The majority of home buyers are either first-time homeowners or they are upgrading from their existing home," said Harvey. "When purchasing a new home they are not seeking ones that require these types of renovations. Outside of minor clean up and personalization they are expecting a move-in ready home and addressing these types of improvements can give you a leg up on other homes for sale in your area."

Prior to selling a home, owners should take the time to fix up anything that needs attention. Home improvement financing can provide the means to pull everything together, and many simple changes can result in greater equity - and more selling power.