FinancingIntermediate
What Is Portfolio Loan?
A portfolio loan is a mortgage a lender keeps and services itself instead of selling to Fannie Mae, Freddie Mac, or another investor — giving the lender flexibility to use its own underwriting guidelines rather than standard conforming rules.
Most useful for: Repeat Buyer · Homeowner
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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.
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