Mortgage Loans
Our local mortgage experts will work hard to make your mortgage simple, with personal attention, customizable loan options, and expertise gained from years of helping clients like you. From the application phase to loan closing and funding, we'll guide you through the entire process, keeping you informed every step of the way.
Connect with your local River Mortgage Services lender to determine which mortgage option works best for you.
River Bank Mortgage Loans
Conventional Mortgage Loans
- Purchase and refinance options available
- Fixed rate and adjustable rate options
- Private Mortgage Insurance (PMI) required if down payment is less than 20%
- Down payment and income requirements established by Fannie Mae and Freddie Mac
- Primary, second homes, and investment properties are eligible
Jumbo Mortgage Loans
- Loan amounts over conventional loan limits
- Seller contributions allowed
- Fixed rate and adjustable rate options available
- Purchase and refinance options available
- Primary and second homes are eligible
FHA Mortgage Loans
- Purchase and refinance options available
- Fixed rate options
- Down payment as low as 3.5%
- Primary residence only
- Private Mortgage Insurance (PMI) required
- Maximum loan amount varies based on type of home and location
VA Mortgage Loans
- No down payment
- Up to 100% VA financing
- No monthly Private Mortgage Insurance required
- Seller can contribute up to 4% towards closing costs
- Primary residence only
- Must be an eligible veteran
- Maximum loan amount varies based on VA entitlement and the county in which the property is located
USDA Mortgage Loans
- Up to 100% financing of the purchase price with no down payment
- Seller can contribute up to 6% towards closing costs
- Primary residence only in designated rural areas
- Maximum annual household income limits vary by county, state, and family size
- Must not have an ownership interest in any other residential dwelling at the time of approval
Construction to Permanent Loans
- One application - one closing
- Interest only on funds drawn during construction
- Primary residence or secondary home
- Modification options available upon completion