OVER 45 YEARS OF SERVICE Home Loan has provided customers with competitive home equity loans, knowledgeable advice, and financial guidance since 1959, and we have the strength and longevity to continue meeting this goal into the future.
IMPORTANT DATES IN HOME LOAN'S HISTORY
John Murphy acquires Bank charter and begins building Home Loan Investment Bank
Home Loan Investment Bank opens first headquarters in Providence, Rhode Island
Residential lending expands to mid-Atlantic
Assets exceed $60 million. Home Loan Investment Bank becomes the first mortgage originator to sell a pool of home equity loans to Freddie Mac and the second to Fannie Mae
Assets exceed $100 million
FDIC deposit insurance granted
Assets exceed $200 million
Home Loan Investment Bank completes first loan securitization, and also reactivates SBA Lending Program
Assets exceed $250 million. Home Loan Investment Bank opens corporate headquarters at 2 Altieri Way in Warwick, Rhode Island
Home Loan Investment Bank receives Federal Savings Bank status
Home Loan Investment Bank opens state-of-the-art call center
Residential lending expands to the west coast
Home Loan Investment Bank receives SBA "Preferred Lender" status in Rhode Island, Massachusetts, New Hampshire and New York
Home Loan Investment Bank receives "outstanding" rating for Community Reinvestment for the 10th consecutive year
Commercial lending expands into mid-Atlantic states. Bank begins offering USDA loans
Home Loan Investment Bank surpasses $10 billion in mortgage originations
Home Loan Investment Bank is recognized as one of Freddie Mac's top 150 lenders in the country
Home Loan Investment Bank website revamped to better serve customer needs
OUR FOUNDER and CEO
“Home Loan is committed to helping our customers navigate through all of life's financial challenges.” — John Murphy