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!

FHA vs Conventional Loans

Conventional Loans are home loans that conform to the underwriting guidelines set by the Government Sponsored Entities, Fannie Mae and Freddie Mac.  In the past, conventional loans were only for elite borrowers that had 20% or more for their down payment. Times have since changed opening up great new programs for low to middle income… Read more »

Top 3 Myths About Using a Mortgage Broker

Mortgage Broker Myth #1 One of the biggest myths of using a Mortgage Broker is that they do not have control of the underwriting process. Many retail lenders and banks claim this because they have employees that underwrite the file whereas a mortgage broker works directly with the end investor to underwrite the file. Retailers… Read more »

2020 FHA Loan Limits

FHA Loan Limits Increased for 2020 On December 3, 2019, FHA issuedĀ Mortgagee Letter 19-19 to increase the FHA Loan Limits for new case numbers assigned on or after January 1, 2020. The FHA loan limits have increased from 2019 FHA loan limits of $314,827 to the new floor of $331,760 for 1 UNIT properties. Related:… Read more »