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
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 →
Thank You and Happy Holidays
As 2014 comes to a close, the River Capital Team would like to take this opportunity to thank you for your loyalty, friendship and trust. Your unwavering support and patronage helped us shape our company in 2014. Our successes are built on creating relationships and partnerships that last. We are truly grateful and look forward to working with you in 2015. From all of us at River Capital Read more →
- Proposed Payday Industry Regulations Must Strike Delicate BalanceThe federal government is moving to reign in the payday loan industry, which critics say traps consumers in a damaging cycle of debt. A look at the possible effects of proposed regulations.
- High-Deductible Health Plans Cut Costs, At Least For NowHealth plans that require people to pay thousands of dollars up front cut costs in the first three years, a study finds. But no one knows if costs will rise later as people avoid preventive care.
- Payday Loans — And Endless Cycles Of Debt — Targeted By Federal WatchdogThe Consumer Financial Protection Bureau is readying new regulations on payday loans and other high-cost forms of credit. Officials with the agency say the loans can trap borrowers in a cycle of debt.
- Affordable Care Act Makes This Tax Season Painful For ManyFiguring out the penalty for not signing up for health insurance is just one complication. Tax filers who made more money last year than they anticipated may have to pay back some of their subsidy.
- Investment Guru Teaches Financial Literacy While Serving Life SentenceAt San Quentin Prison in California, an inmate nicknamed "Wall Street" has gained a reputation for his stock-picking prowess while serving a life sentence.
- How Much (Or Little) The Middle Class Makes, In 30 U.S. CitiesWhat do families in the middle of the income distribution actually make in cities around the United States?
- From Hot Sauce To Diapers, 'Superconsumers' Of Color Buy More Of, Well, EverythingA new Nielsen report shows that wooing customers of color has got to be in every company's game plan.
- More Americans Opt For Risky Long-Term Car LoansThe length of the average car loan isn't just creeping up, it's leaping up. Nearly 40 percent of people secure car loans that take more than five years to pay off. The trend has some analysts alarmed.
- North Carolina Looking Into 'Black Tax' At Charlotte's Ritz-CarltonThe attorney general asks why an event with predominantly African-American attendees was tagged with a surcharge at a luxury hotel.