RIVERSIDE, Calif. – Altura CU and Provident Bank have agreed to participate with the city in a program to recruit and retain technology workers within Riverside. The two lenders have agreed to offer low-rate mortgages to employees of high-tech companies in the city. Under the SmartRiverside Mortgage Incentive Program, qualified borrowers are eligible for discounted rates on a variety of loan products, including 100% financing and home equity lines of credit. Participants will be charged a flat lender fee as well as having a personal bank loan specialist assigned to them to assist them through the process.
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