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!

New Maximum Conforming Loan Limits for 2020

Posted on November 27, 2019 by Anthony Bird - Local Michigan, Mortgage Rates, Refinance

Conventional Loans are now bigger and better. The Federal Housing Finance Agency (FHFA) announced the new conforming loan limits for mortgages sold to Fannie Mae and Freddie Mac in 2020. In most of the U.S., the new 2020 maximum conforming loan limit for one-unit properties will be $510,400. This is an increase from $484,350 in… Read more »

Refinancing a Mortgage After a Divorce

Posted on November 4, 2019 by Anthony Bird - Local Michigan

Getting a divorce is never a fun experience. Moving on after a breakup does not have to be hard when refinancing a mortgage after a divorce. Unfortunately 50% of marriages end in divorce and 60% of these couples are homeowners. This means that you are not along when it comes to refinancing after a divorce.… Read more »

Feds Cut Rates But Not Mortgage Rates

Posted on October 30, 2019 by Anthony Bird - Buying a Home, Local Michigan, Mortgage Rates, Mortgage Tips

You may have heard that the Federal Reserve has been cutting rates to slow economic slowdown. Industry experts predict that they may cut the Fed rates again this week. It would be a surprise to the economy if they did not follow through with another cut. With this said, it is important to know that… Read more »

What are Today’s Mortgage Rates?

Posted on September 15, 2019 by Anthony Bird - Buying a Home, Local Michigan, Mortgage Rates, Mortgage Tips, Refinance

There is a lot of confusion when it comes to mortgage rates. You may see rates on the news, TV commercials, internet ads and promotions at your bank but what really are the today’s mortgage rates? The answer to this question is not straight forward to understand. When it comes to mortgage rates, there is… Read more »

5 Questions to Ask Yourself Before Buying a Home

Posted on May 29, 2019 by Anthony Bird - Buying a Home, First Time Home Buyer, Mortgage Tips

How Long Do I Plan to Live in the House? Before you decide to buy a home you should review your goals and timelines. It is important to know how long you plan to live in your home. Each timeline will have different goals for financing so plan this up front to save the most… Read more »

5 Tips to Make Moving Easier

Posted on May 8, 2019 by Anthony Bird - Buying a Home, Mortgage Tips

Why Michigan Mortgage Rates Dropped in 2019

Posted on April 24, 2019 by Anthony Bird - First Time Home Buyer, Local Michigan, Mortgage Rates, Mortgage Tips

March 2019 was the best month for Michigan Mortgage Rates in a Decade! Refinance your mortgage and Lock in a Low Rate!

FHA vs Conventional Loans

Posted on March 20, 2019 by Anthony Bird - Buying a Home, FHA Mortgage, First Time Home Buyer, Local Michigan, Mortgage Tips

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 »