Latest Articles
Consumer Debt Hits $4 trillion
CNN is reporting that consumer debt is higher than ever. Americans are diving deeper and deeper into the red. As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve. Relatively strong holiday spending,...
Grand Opening of Our New Corporate Headquarters
River City Mortgage was honored to have the Vice Mayor of the City of Blue Ash, Pramod Jhaveri, participate in our Grand Opening Ribbon Cutting celebration on January 16, 2020. Our new headquarters will be home to 75 employees and will build and expand as the company...
Low Credit Score? 4 Options to Consider When Buying a Home
When it comes to buying a home, your credit plays an important role in the process. Mortgage lenders use your credit score to assess your ability to responsibility borrow and pay back a home loan. However, you don’t necessarily need to have a perfect credit score in...
4 Great Reasons to Buy a Home During the Holiday Season
The real estate market follows seasonal patterns, with home buying and selling activities typically ramping up in the spring and summer. While winter isn’t a traditional time for homebuyers to start looking, there are some advantages to house hunting during the busy...
6 Tell-Tale Signs It’s Time for a Mortgage Refinance
Are you thinking about refinancing your home? If so, you’re not alone. Many homeowners are choosing to replace their current mortgage with a new home loan, often with a more attractive rate or shorter term. Refinancing can be a great way to save money on your mortgage...
Top Tips for Millennial Homebuyers
For years, studies have looked at millennials (people born between 1977 to 1995) and their supposed reluctance to enter the housing market. Often considered the most “picky home buyers,” this generation tends to do more research and wait longer to make large...
The First-Time Home Buyer’s Guide to Getting a Mortgage
So, you’ve decided to buy your first home – congratulations! Becoming a homeowner is an accomplishment that’s both rewarding and empowering. But before you can begin shopping for your dream home, you’ll need to do some planning and preparation. For most people, buying...
4 Reasons to Choose a Conventional Mortgage
Buying a home should be an exciting time. But for many home buyers, it can be confusing, especially when it comes to choosing the right mortgage loan. With so many options, it’s not always easy to know what type of mortgage is best for your goals and financial...
Conventional Mortgage Loans vs. FHA Loans: What’s the Difference?
As a homebuyer, choosing the right mortgage is one of the most important steps in the purchasing process. But with so many different types of mortgage loans, it can be difficult to know which is best for you. Each mortgage loan comes with different benefits and...
3 Things to Know About the VA Home Loan
Veterans Affairs mortgages, or VA loans, are flexible, government-backed loans that were created to make it easier for veterans and military families to buy a home. First introduced in 1944 as veterans were returning from World War II, the VA loan program has made it...