My New Blog



I hope this finds you all well. 
   During these times there are allot of questions about health and also about finances. I want to continue to share the latest information with you so that you in turn can share it with your family, friends and associates so that we can all offer whatever help we can. In this case we offer knowledge and awareness.
By sharing this information, you may help someone.

 Feel free to call or reach out for any specific information anytime.

Experian published   https://www.experian.com/blogs/ask-experian/how-forbearance-affects-credit/  It's worth a quick. A borrower's credit may be at risk despite the CARE Act stating that this won't harm credit. 
Posted in:General
Posted by Fred Rossi on April 22nd, 2020 1:23 AM

Condos are now eligible for FHA financing. This change also applies to reverse mortgages providing a boost to those who want to retire and stay in place. Beginning October 15th, FHA will start issuing case numbers for condos.  This is a great move to make housing more available to a broader group of home owners. 

Posted in:General
Posted by Fred Rossi on October 4th, 2019 3:47 AM
    It's no surprise that we see the burden of student loan debt impacting so many. The news is filled with headlines on the subject. However, student loan debt may be treated more favorably by certain loan programs and can even be rolled into a mortgage refinance without impacting rates and pricing as other debt might.   
Posted in:General
Posted by Fred Rossi on April 16th, 2019 9:26 AM

   Today's home buyer tip:

    It is most important that buyers are pre approved in the current market. Inventory is low and homes are selling fast. There are multiple bidders. Sellers will only commit to buyers that are pre approved.

   The good news pre approvals are a simple process at Riverside Funding Corp and can be done in less than an hour.

 Find Out More

About Pre Approvals

Posted in:General
Posted by Fred Rossi on March 28th, 2019 2:04 AM

If you own property in Nassau County and interested in filing an appeal of your assessment, you can file until 4/30/19 according to the county's website.

The county website has instructions here:

 https://www.nassaucountyny.gov/2207/How-to-Appeal-Your-Assessment

Posted in:General
Posted by Fred Rossi on March 14th, 2019 1:36 AM

Down payment grants are available with no repayment requirements.

Learn More:

Down Payment Grants

Posted in:General and tagged: DownPaymentGrant
Posted by Fred Rossi on March 6th, 2019 9:51 PM

Great News for anyone looking to protect your credit. It is now free and you can more easily lock and unlock credit access when you want to apply for credit.

 Learn More at The FTC:

Free Credit Freeze Info

Posted in:Credit
Posted by Fred Rossi on September 26th, 2018 8:38 AM

Today is our 13th anniversary of operation in Long Beach, NY

 

Riverside Funding Corp

 

  • Close without building dept searches
  • Use of local appraisers
  • Purchase and refinance
  • Construction loans
  • Reverse Mortgages
  • Low down payment programs
  • Investor programs
  • Jumbo loans
  • Personal service

 

Fred J Rossi, President

Riverside Funding Corp.

30 West Park Ave, S302

Long Beach, NY 11561

516-431-2009 x 11

fred.rossi@riversidefunding.com

NMLS 66404 Company NMLS 66577

Posted in:General
Posted by Fred Rossi on May 11th, 2017 12:56 PM


Riverside Funding Corp.

670 Long Beach Blvd, S119
Long Beach, NY 11561