Start Your Path to Buying a Home

With RIVA Mortgage's First Time Home Buyer program

You've found the right home for sale, you're ready to buy it, now it's time to find the best mortgage option for you. Start the process of buying a home with our first time home buyers’ incredible benefits.

Benefits of the First Time Home Buyer Program:

  • ✓ 100% financing with no down payment required
  • ✓ No private mortgage insurance (PMI)
  • ✓ Competitive interest rates
  • ✓ Flexible loan products to meet your needs including: Fixed and Variable Terms, VA, and FHA

Calculate Your Payment


Rent or Buy - Factors to Consider:

  • Can you afford it? Look at all factors of your monthly payment: principal, interest, property taxes, and homeowner’s insurance must be included in your budget.
  • How long will you stay in one place? It’s recommended to stay in your home for at least five years or more to build some equity.
  • The yearly cost of maintenance. Owning a home requires sweat equity at times. With renting you can turn over chores to a landlord and move out when it no longer suits your needs.

Compare Options:

RIVA Mortgage Options Loan Flexibility Rate Security Lower Down Payment No PMI
Fixed Rate      
Adjustable Rate      
VA Loan
FHA Loan  
Jumbo Loan      
First Time Home Buyer  

RIVA and Langley Federal Credit Union

Buying a house is a big decision and finding the right mortgage company is just as crucial. At RIVA Mortgage, we offer personalized service to the Richmond area. We pride ourselves on being with you every step of the way for this important purchase. We offer personalized service with expert knowledge of the home purchase process.

RIVA Mortgage is powered by Langley Federal Credit Union, which has been working for over 80 years in Virginia to help its members Save, Borrow, and Spend Wisely. With this incredible partnership, we can offer you great rates and loan programs that are uniquely tailored to you. From Fixed Rate, Adjustable Rate to VA Loans we can service any of your mortgage needs.

For additional resources to reference during your home buying journey, please visit: >>

*To participate, members must have not previously owned a home. Upon completion of the program, eligible members may lock in today's interest rate for 90 days. A contract must be presented within 60 days and closed by day 90. The loan options are the 5/5 ARM, 10/5 ARM, and 30 Year Fixed. Maximum loan amount is $350,000. Gifts will only be allowed if applied to the down payment to reduce the loan amount. Cash back includes origination fee and appraisal fee not to exceed $1,000.