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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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Used car prices dip, auto financing perfect solution for vehicle buyers

Posted on Monday, December 16, 2013 at 10:13:33 AM

The price for that used car on the lot is on the way down, according to's Used Car Market Quarterly Report. The average sale price in the third quarter of 2013 was only $15,617, nearly 3 percent below the previous quarter's figure, and 0.9 percent lower than the same time last year. 

This is in part due to better new car sales, and a steady improvement across the sector might mean ample opportunities for potential buyers. However, the costs could get high, and affordable auto financing and a smart strategy can help manage these added expenses.

Recently, Home Loan Investment Bank's Christine Dikdan highlighted a few key steps for anyone interested in a new or used vehicle. For starters, used car shoppers should plan for the purchase.

"Make a list, what you can afford and what you want in a vehicle," she explained. "Check it twice. What you can really afford - want you can live with or without in a vehicle - and plan extra money for the 'storm.' Check consumer reports to find out which vehicles are naughty or nice. Is the vehicle you want on the reliable list - if not can you live with and afford the possible shortcomings, or should you choose differently?"

In addition, there are plenty of steps alongside auto financing that can assist buyers with the monetary aspect of vehicle shopping. 

"Get the insurance price and add it to the monthly payment," Dikdan said. "Take average gas price and average monthly mileage and mpg on the vehicle you are purchasing, and add that to the monthly payment. Get a warranty price, if not paying cash, and add that to the monthly payment or have it included in the loan. Figure extra money for items not covered - general maintenance, items not included in an extended warranty, or insurance deductibles."

Borrowers also have the option to prepay their loans, according to Dikdan. This could be an ideal strategy for auto financing because few loans have a prepayment penalty, and buyers only pay interest for the amount of time the loan is open. These solutions could be especially valuable at the end of the year, when sales are slow and dealers are doing whatever it takes to get people in the door.

At this time, "you can usually negotiate a better price, better financing, or possibly both," she noted. "For buyers expecting large tax return refunds, I recommend to file early, get refunds early, pay off the 'new vehicle loan' early, and totally reap the rewards by saving money on price, financing options and avoiding paying interest for the full term of the loan. Even if you can't or do not want to pay off the loan in full, just by making regular larger monthly payments will shorten the time you are paying the loan, therefore reducing the total interest paid out."

Thanks to these end-of-the-year vehicle buying ideas and affordable auto financing, shoppers will be able to find a number of deals this holiday season.