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Portfolio Mortgage Lenders

A Portfolio Mortgage lender can be completely different from any other lender. All loan approvals are underwritten in-house seldomly require investor signature. A portfolio lender will identify a market niche and in-turn develop a portfolio of Qualified or Non-Qualified loan products specific and unique to the under-served market demographic with either a Qualified Mortgage (QM) loan program or a Non-Qualified Mortgage (Non-QM) loan program.

Advantages of Portfolio Lenders:

Portfolio lenders often have more lenient underwriting standards compared to traditional lenders, allowing for customized loan options.

Personalized Service:

Borrowers often receive more tailored, hands-on support throughout the loan process. Our unconventional mortgage broker service specializes in providing personalized support for borrowers seeking Non-QM mortgage solutions. As an experienced Non-QM mortgage lender, we cater to clients with unique financial situations, offering flexible options beyond traditional loan requirements.

With our service, borrowers receive dedicated, hands-on guidance through every step of the loan process. Our personalized approach ensures tailored solutions, meeting the needs of self-employed individuals, investors, and others who require a custom lending experience.

Non-Conventional Borrowers:

They may cater to borrowers with unique financial situations, such as self-employed individuals or those with less-than-perfect credit.

This flexibility can be appealing for real estate investors or those who don’t fit the standard lending mold.

True Portfolio Lenders and Customized Financing Solutions

Manual underwriting allows the lender to look at each borrower as an individual, into a reasonable mortgage. Because these lenders will service the loan often for the life of the loan, they make their own rules and in the world of mortgage lending, that means their own underwriter guidelines. Fast closings in 7-10 days. 11 days for conventional, and Non-QM 15-25 days, or less, if the circumstance requires; and pre-approvals done within 48 hours of complete submission.

QM, Non-QM, and Non-Prime Lenders

Underwriting Guideline exceptions and requirements are based on credit scores, Debt to Income ratio, equity position/loan to value ratio, occupancy, property type, and various variables and loan characteristics such as “credit event” seasoning.

* Benefit to Borrow (tangible benefits):

Documentation type, Credit Depth and Seasoning, Borrower employment and business seasoning, Liquid asset sources, purchase seasoning.

* Property Acquisition for Self-Employed and Agency Fall-out

* Interest Rate Deduction

* Credit Card Debt Consolidation

* Disposable Income Increase

* Fixed Rate or Term Extension Rate and Term Refinance

* Cash Out Refinance for Business Expansion

Self-Employed Income Documentation Programs

* 1099 Only (one year and two history verification)

* Asset Depletion loans (all qualifying as a stand-alone income or to supplement)

* One to Six Month Bank Statement Programs (1 month through 6 months)

* P&L Only

Self-Employed Verification of Employment (VOE) Options

* Borrower Prepared P&L

* CPA or equivalent

* Accountant/Tax Professional

Lite Doc and Reduced Doc Programs

1 Year Tax Return – 1 Year

Reduced Doc for W-2 for Wage Earning borrowers

Jumbo and Super Jumbo Loan Amounts:

$300,000 to $30,000,00

Cash Out Limit (cash-in-hand) – $20,000,000

Mortgage Pre-Qualification Form – No Credit Check

Available in the Following States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho,  Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

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Second Home 85% LTV – 660 Credit Score

Prime and Non-Prime Bank Statement Options | Self-Employed Borrowers

Portfolio Direct Lender is a direct lender with their own portfolio of loan products and programs, and they make their own Non-QM and Non-Prime manual underwriting decisions. Some Portfolio lenders can also be a bank that lends their own money as well as a portfolio they contribute to or commit to a predetermined lender service term.

Credit Leniency and Underwriter Discretion Solutions

This loan program works well for borrower’s that fall outside the standard Non-QM box with credit scores as low as 600 and minimal tradelines required.

Major credit events only require 2 years of seasoning. Mortgage lates OK not to exceed 3 x 60 x 24 (6-60 day lates, including “rolling lates”), within the previous 24-month time period. Or 3 x 30 x 12 (3-30 day lates, including “rolling lates”), within the most recent, previous 12-month time period. Never-the-less, borrowers are seen as people and people are considered individuals

Credit Score/ Loan-to-Value %/ Loan Amount

** 680 Credit Score – 90% LTV to $4,000,000
** 660 Credit Score – 85% LTV to $3,500,000
** 640 Credit Score – 80% LTV to $2,500,000
** 620 Credit Score – 75% LTV to $1,500,000
** 600 Credit Score – 70% LTV to $1,000,000

Bank Statement Documentation and Bank Statement Deposits

Business industry and business model can dictate your Expense Factor. Flexible “expense factor” (aka expense ratio) options for the bank statements both business and personal. Cash Out to $1,500,000. Additional details below.

Bank Statement Income Documentation Options

* 12 Month Personal or Business Bank Statements
* 24 Month Personal or Business Bank Statements
* 1099 Only for Sole Proprietors / Independent Contractors
* Asset Based Feature for Additional Qualifying Income (Higher LTVs, Higher Loan Amounts)

Maximum Debt-to-Income Ratio’s (DTI)

** 55% DTI to $2,000,000
** 50% DTI to $2,500,000
** 43% DTI to $3,500,000
** 38% DTI to $4,000,000

Eligible Property Types:

** Single Family Residence (SFR)
** 2-Unit – $2,500,000 Max Loan Amount
** 4-Unit – $2,000,000 Max Loan Amount

Eligible Occupancy Types:

* Owner-Occupied/Primary Residence
* Second Home to 85% LTV
* Non-Owner-Occupied/Investment

Available Terms

* 15 Year Fixed – Interest Only Allowed
* 30 Year Fixed Interest-Only Allowed
* 40 Year Fixed and Interest-Only Allowed

Additional Underwriter Highlights

* Non-Permanent Resident Aliens
* Non-Occupant Co-Borrowers – Allowed
* First Time Home Buyers – OK

Loan Scenario Form – Credit Check Not Required

Available in the Following States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Maine, Massachusetts, Michigan, Mississippi, Missouri, Nevada, New Jersey, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Utah, and Washington.

Multi Unit Property Loans

Portfolio Mortgage Lenders

Multi Unit Property Loans - Guidelines and Highlights. Below you will see some of our "Multi Unit" loan programs for both Owner-Occupied and Non Owner-Occupied borrowers.

Please call Customer Service @ 800-718-8906 to speak with a Mortgage Expert or fill out a Pre Qualification form.

~ Unconventional Loan Programs We Offer - Guidelines and Highlights:

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Portfolio Mortgage Lenders

Portfolio Lender Home Loans

A portfolio mortgage lender offers customizable financing solutions that set it apart from conventional lenders. With in-house underwriting processes, loan approvals rarely necessitate investor signatures. 

Customized Solutions Service

Manual underwriting allows the lender to look at each borrower as an individual, into a reasonable mortgage. Because these lenders will service the loan often for the life of the loan, they make their own rules and in the world of mortgage lending, that means their own underwriter guidelines. Fast closings 7-10 days

Exception-Based Lending

Underwriting Guideline exceptions and requirements are based on credit scores, Debt to Income ratio, equity position/loan to value ratio, occupancy, property type, and various variables and loan characteristics such as “credit event” seasoning.

Benefit to Borrow (tangible benefits):

Self-Employed Income Documentation Programs

Self-Employed Verification of Employment (VOE) Options

Lite Doc and Reduced Doc Programs

Jumbo and Super Jumbo Loans

Underwriting Feature Guidelines

Asset Depletion and Debt-to-Income (DTI) Flexibility​

Eligible Property Types:

Eligible Borrowers:

Available Terms:

Available in the Following States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, and Wisconsin.

Contact a Loan Officer

Non-QM Mortgages

Alternative Income Documentation

Wholesale Broker Lenders

Bank Statement Loan Niches

Bank Statement Refinance Loans

1 Month Bank Statement Loan

3 Month Bank Statement Loans

6 Month Bank Statement Loans

Category Lenders

Latest Loan Programs

Alt Doc - Purchase Loans

Alt Doc - Refinance Loans

Hard Money Lenders and Loans

Second Mortgages

Second Mortgage Niche Loans

Credit Score Tools