River Bank & Trust, one of the largest community banks in Alabama, recently developed the Rise Home Purchase Program. Rise helps homebuyers in low-to-moderate income tracts overcome mortgage obstacles – like saving up for a down payment.
With Rise, there is:
• NO DOWN PAYMENT REQUIREMENT
• NO PRIVATE MORTGAGE INSURANCE REQUIREMENT
• NO APPRAISAL FEE
• NO ORIGINATION FEE
Rise is also available to borrowers outside of LMI tracts;
however, there is a family/household income limit in this case.
If you have questions, please let me know. We will be happy to assist you!
River Bank & Trust