Portfolio Loans

These products are generally categorized as Non-QM products. These products do not follow the government sponsored entities like Freddie Mac or Fannie Mae. They are considered non-conforming products that usually start around 80% LTV, even though you might be able to find some exception up to 90% LTV.

These products are alternatives when the borrower is seeking alternative guidelines to income documentation, credit events, and asset requirements. They usually do not carry monthly PMI due to the lower LTV requirement. Interest rates are higher than conforming loans.

We have listed a summary of the eligible factors:

Loan Purposes:

  • Purchase
  • Refinance Rate/Term
  • Refinance Cash Out

Occupancy Types:

  • Owner Occupied
  • Second Homes
  • Non-Owner Occupied

Property Types:

  • Single Family Home, PUD, and FHA
  • Duplex
  • Triplex
  • Fourplex

Please select one of the following:

  • Bank Statement Loan
  • Investor DSCR
  • VOE Only/Profit and Loss

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