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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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Home builders more confident in remodeling sector

Posted on Friday, November 9, 2012 at 5:00:52 PM

Falling property values in the wake of the real estate bubble burst forced a number of homeowners to stay in their current homes and make updates rather than move into bigger properties.

This resulted in a surge of remodeling activity in recent years, and building professional are becoming increasingly confident in the marketplace.

During the third quarter, the remodeling index increased to a mark of 50, according to a report from the National Association of Home Builders. This was a five-point increase from the second quarter, and the highest level since 2005. A score greater than 50 indicates there was more activity that the previous three-month period.

"The strength of the RMI, especially in owner-occupied properties, shows that homeowners are investing in remodels as home prices stabilize," said NAHB Remodelers chairman George Moore. "As owners become more confident that investments in housing will hold their value, they are beginning to undertake projects to improve their comfort that they had been putting off."

Different types of remodeling jobs see gains
In the third quarter, the most common remodeling projects involved maintenance and repairs, the report said. The index modeling the level of activity rose to 56 from 50 in the second quarter. Meanwhile, small additions and minor alteration projects jumped to 51 from a mark of 47. In addition, major remodeling projects hit an index of 49, up from the second quarter's level of 42.

Negative equity still an obstacle
Due to falling prices in the wake of the housing market collapse, some homeowners were left underwater on their mortgages. This means they owed more money on their home loans than their properties were worth. Borrowers in this position may find it difficult to qualify for certain types of home improvement loans, since they often entails refinancing against their equity.

However, as the housing market builds momentum, a greater number of households escaped from under the thumb of negative equity during the second quarter this year, according to a report from CoreLogic.

During the three-month period, an estimated 10.8 million homeowners owed more money on their mortgages that their properties were worth, the report said. This accounted for roughly 22.3 percent of mortgaged properties across the country.    

Although this may seem like a large number, it was actually an improvement from 11.4 million properties in a similar situation at the end of the first quarter.ADNFCR-16001052-ID-800903550-ADNFCR