Portfolio loans are a great alternative to help potential home buyers qualify when they cannot qualify for a traditional Fannie or Freddie Conventional loan. These loans are not as strict in their requirements because the lender usually services them. Since the lender tends to service these loans, they set the guidelines and these loans carry a bit higher interest rate than a traditional Conventional loan due to the risk. Since there are a few different portfolio loan products, its best that we set up a free consultation to go over your particular loan scenario.
We are here to help you with these out of the box loans.