Author: Anthony Bird

My name is Anthony Bird, an owner of Riverbank Finance, a Grand Rapids Mortgage Company, based here in Michigan. I am a graduate from Grand Valley State University majoring in both Business Management and Marketing. I have been a mortgage professional in Michigan for 6 Years with experience as a retail bank loan officer as well as for private mortgage companies. Riverbank Finance is a local mortgage company that values community and the West Michigan Area. We hire only licensed loan officers that can custom tailor loans for our client's needs. If you have any real estate or mortgage questions, call me at 616-365-5792 or email me at info@riverbankfinance.com and I will do whatever it takes to help. Learn more about me on my Google Profile: About Anthony Bird. I look forward to hearing from you soon!

What is a Mortgage Pre-Approval?

Posted on March 9, 2021 by - Buying a Home, First Time Home Buyer, Local Michigan, Mortgage Tips

Mortgage Pre-Approval

A mortgage pre-approval is given when a loan officer has looked in depth into your finances and has calculated the amount that you are likely approved to borrow to buy a home. They will base your pre-approval on estimated monthly payments, loan amount and mortgage rate. Homebuyers may need a mortgage pre-approval before they are… Read more »

DACA Loans in Michigan

Posted on January 27, 2021 by - Buying a Home, FHA Mortgage, Local Michigan, Mortgage Tips

Michigan Daca Loans

DACA mortgages in Michigan are here! On January 20th, 2021 the US Department of Housing and Urban Development (HUD) has announced that all immigrants under the Deferred Action for Childhood Arrivals (DACA) program will be eligible to apply for a Federal Housing Administration (FHA) backed mortgages. This new qualification for FHA loans is effective immediately.… Read more »

2021 Conventional Loan Limits

Posted on December 15, 2020 by - Buying a Home, Local Michigan, Mortgage Tips, Refinance

2021 loan limits announced

Each year the Federal Housing Finance Agency (FHFA) reviews home appreciation and makes adjustments to the maximum conventional loan limits. With our booming housing market the FHFA was able to increase the new conforming loan limits substantially for 2021. Conventional loans are home loans sold to Fannie Mae and Freddie Mac. Nearly all banks and… Read more »

The Secret for the Most Flexible 15 Year Mortgage

Posted on October 2, 2020 by - Local Michigan

secret to 15 year loan benefits without the risk

Many financial advisors, like Dave Ramsey, recommend getting a 15 year fixed rate mortgage when you buy a home or refinance. There are several benefits to paying your mortgage off sooner compared to keeping it around 30 years, however, there are also associated risks that should be considered. As you would guess, shorter term mortgages… Read more »

Mortgage Guidelines Changing Daily

Posted on April 5, 2020 by - FHA Mortgage, Investment, Local Michigan, Low Down Payment Loans, Rentals

Guideline Changes Ahead for Home Loans

Riverbank Finance LLC is an experienced mortgage brokerage that has an extensive list of lending partners offering a wide variety of financing.  We work hard to provide the best options for home loans at low rates and costs. Our lender lineup also covers most programs for cream of the crop, large down payment borrowers to… Read more »