Portfolio loans are designed to get people approved when they are not eligible for any “normal” type of financing. Getting a portfolio loan is more of a common sense type of approach to mortgage lending, unlike your conventional/FHA mortgage that is pretty much a check-in-a-box, black and white type of approval process. With a portfolio loan, the story matters.
Self Employed Using Bank Statements Only
Foreign National with 30% Down 1-4 Units
Foreign National 30% Down Investment Property 1 Unit