Friday, June 5, 2009

June is National Homeownership Month


During National Homeownership Month, community banks across the country are doing what they've always done - helping millions of Americans to become and stay homeowners.

There is no mortgage lending crisis for community banks. That's because community banks are well run, highly capitalized and closely regulated institutions focused on doing what is best for our customers and our communities.

As a community bank, Reliabank wants to give you a mortgage that works for you and your family for the long term.

Homeowners should carefully weigh options when refinancing. Everyone’s situation is different, and there are a number of considerations to take into account when refinancing, including the length of time you plan to stay in the home, how fluctuations in home prices may affect equity and whether the money saved by lowering rates offsets closing costs. Also, refinancing a mortgage is not unlike getting a new mortgage. We encourage you to visit with a Reliabank mortgage lender for more information.

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