Welcome to River Capital
“The Northwest’s premier mortgage company”
River Capital is one of the Northwest’s premier mortgage companies. Located in downtown Portland, Oregon, we have established trusted relationships with local chartered banks, wholesale lenders, and private investment portfolios. These relationships allow our firm to facilitate lending in a variety of ways. As both a banker and broker, we provide niche loans, Energy Efficient Mortgages, FHA, VA, Reverse Mortgages as well as the means to accommodate conventional financing. Loans for teachers, police officers, and fire fighters are included in our sphere of specialties.
From Our Newsletter
Are Your Investment Returns As Good As You Think They Are?
When people think about their investment returns, they tend to be happy if their account is up and unhappy if their account is down, provided they are paying attention at all. The relationship with their investment advisor or financial planner tends to follow the same pattern. However, this method of evaluating your returns has you looking in the wrong places for the wrong information. The point of understanding absolute vs. relative returns is to enable you to better evaluate your financial performance and to make Read more →
2015 Man & Woman of the Year
As Michael Knapp’s sister, we were both raised with a desire and a drive to take care of those in need. Sometimes we could help by sharing our peanut butter and jelly sandwich at school with a friend who forgot their lunch, sometimes it was helping out a stray animal, sometimes it was helping a friend move, or giving money to a struggling performing musician, other times it was as simple as supporting a person in need. So when I Read more →
Mortgage Free in 15 Years
Whether refinancing or purchasing a new home, with rates at historical lows it’s worth running the numbers on the 15-year fixed mortgage. The 15-year fixed mortgage, offers a lower rate than the 30-year fixed mortgage with 15 fewer years to pay it off. Payments may be similar or in some cases even lower then the 30 year monthly payment and over the life of the loan you save a substantial amount in mortgage interest costs. With these huge savings a homeowners can Read more →
My 6 Myths of Mortgage
Think you always need to have 20% down? There’s a lot of misinformation floating around about mortgages. I created six simple points to help dispel some of the myths I hear all the time. 1. Pre-Qualified vs Pre-Approval In short, Pre-Qualified is the first step in the mortgage process. Obtaining a Pre-Approval involves completing a mortgage application, reviewing the full financials and the credit report. 2. You must have 20% down There are many different types of down payment options Read more →
- Germany's Largest Bank Fined $2.5 Billion In Rate-Fixing ScandalAt least 29 employees of Deutsche Bank are thought to have participated in manipulating the LIBOR benchmark interest rate from 2005-2009. The lender also pleaded guilty to U.S. criminal charges.
- Is It Time To Make Medical And Family Leave Paid?Democrats in Congress have reintroduced a bill that would create a national paid leave program, covering two thirds of people's wages for up to 60 days a year. But small business owners are wary.
- Californians Can Now Pay Cash For Health Insurance At 7-ElevenMany people who are eligible for federal health insurance subsidies don't have bank accounts, which makes it hard to pay premiums. A system in California lets them pay with cash at stores.
- Will New Retirement Rules Protect Americans From Wall Street?Proposed federal rules are designed to make sure that financial advisers put their clients' interests ahead of their own. But experts worry that loopholes may weaken those consumer protections.
- Hillary Clinton Supports Amendment To Get Hidden Money Out Of PoliticsClinton called campaign finance reform one of the "four big fights" of her campaign. But does this idea of a constitutional amendment to restrict or eliminate big money stand a chance?
- When Rates Turn Negative, Banks Pay Customers To BorrowEuropean interest rates are being pushed so low — to less than zero — that some banks are paying borrowers to take loans. Such low rates are aimed at boosting Europe's economy, but there are risks.
- Big Bills A Hidden Side Effect Of Cancer TreatmentCancer treatment is increasingly expensive, even for patients who have insurance. Some doctors advocate discussing the costs of cancer treatment as they would hair loss, pain or other side effects.
- John Hancock Hopes You'll Trade Activity Data For Insurance DiscountsLife insurance customers will receive discounts each year based on their activity levels. The practice is used in Australia, Europe, Singapore and South Africa. But privacy experts are concerned.
- The Risky Boom In Carefree Social Payment AppsLots of young adults are using apps like Venmo to settle all kinds of debts. As the apps get more popular, they've become targets for scammers and hackers. But that hasn't seemed to scare away users.