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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
1971

John Murphy acquires Bank charter and begins building Home Loan Investment Bank

1979

Home Loan Investment Bank opens first headquarters in Providence, Rhode Island

1982

Residential lending expands to mid-Atlantic

1983

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

1986

Assets exceed $100 million

1988

FDIC deposit insurance granted

1990

Assets exceed $200 million

1992

Home Loan Investment Bank completes first loan securitization, and also reactivates SBA Lending Program

1994

Assets exceed $250 million. Home Loan Investment Bank opens corporate headquarters at 2 Altieri Way in Warwick, Rhode Island

1995

Home Loan Investment Bank receives Federal Savings Bank status

1996

Home Loan Investment Bank opens state-of-the-art call center

1997

Residential lending expands to the west coast

1998

Home Loan Investment Bank receives SBA "Preferred Lender" status in Rhode Island, Massachusetts, New Hampshire and New York

1999

Home Loan Investment Bank receives "outstanding" rating for Community Reinvestment for the 10th consecutive year

2002

Commercial lending expands into mid-Atlantic states. Bank begins offering USDA loans

2003

Home Loan Investment Bank surpasses $10 billion in mortgage originations

2004

Home Loan Investment Bank is recognized as one of Freddie Mac's top 150 lenders in the country

2005

Home Loan Investment Bank website revamped to better serve customer needs


OUR FOUNDER and CEO

John Murphy
“Home Loan is committed to helping our customers navigate through all of life's financial challenges.”
  — John Murphy
Member FDIC Equal Housing Lender BBB OnLine