Frequently Asked Questions

Loan pre-qualification can be given in a matter of minutes either over the phone or in person.

Last two years W2's or tax returns if self employed
1 month of pay stubs to verify income
2 months bank statements
Additional information may be required depending on program.

Working with Riverbank Mortgage you can purchase a home with no down payment. Other avaliable mortgage programs will require as little as a 3.5% down payment.

The mortgage process typically takes 20 to 30 days. At Riverbank Mortgage we control the entire mortgage process "in house" which means you'll receive accurate information and faster closing times.

Yes. In most cases the property is the collateral for the loan, however, in some cases we do not need the appraisal when we can streamline the process for you.

Yes you can! For example, if your home is worth $100,000 but you owe $125,000 or less you may qualify. Your current market value of your home will be determined after you apply to refinance.

This is a program put in place by President Obama. The Making Home Affordable program offers two different potential solutions. 1. Refinancing mortgage loans, through the home affordable refinance program (HARP). 2. Modifying your current mortgage to make it more affordable for your family to stay in the home. Read more about President Obama's Mortgage.