Portfolio Loans

Flexible terms that work for you

A mortgage for your primary residence with a low—or no—down payment

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Why choose a portfolio loan?

You can use a portfolio loan to finance your primary residence, including new or existing single-family homes and detached or zero-lot line homes.

Mortgage calculators

How it works

1

Get preapproved

Find out how much you can borrow, and let sellers know you’re ready to buy.

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2

Choose your home

Make your wish list, choose a real estate agent, and find your dream home.
3

If your offer is accepted, you’ll need a home inspection and appraisal.
4

Close the sale

Once you sign the paperwork, you can get the keys and prepare to move in.

Mortgage FAQs

Your down payment depends on several factors, such as the price of your new home and the type of loan you want. Many people put 20% down, but with a Portfolio Home Loan, it’s possible to buy a home with a lower down payment, or even zero down.

Your Mortgage Originator can discuss your down payment options with you and help you choose the mortgage that’s best for you.

If you want to buy a home within the next few months, then it’s a good idea to get preapproved. Preapproval shows the seller that you’re serious about buying and you have the funds you need to make a purchase. If you’re searching for a home in a competitive market, preapproval makes your offer more attractive to sellers and gives you a critical advantage over other potential buyers.

While many lenders cancel their preapprovals after 90 days, there’s no expiration date on ours. If any of the documents in your credit approval file are out of date, we’ll offer you the opportunity to update them so that you can keep your preapproval in place.

Your credit score affects the interest rate you qualify for when you apply for a mortgage. With a higher credit score, you can usually qualify for a lower interest rate, which lowers your monthly payment and reduces the overall cost of your loan.

If you’re not sure what your credit score is, you can request a free copy of your credit score every 12 months from https://www.freecreditreport.com/. If your credit score isn’t as high as you’d like it to be, here are some tips for improving your credit.

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Learn more about our team

Our mortgage experts are ready to help you one-on-one, every step of the way. We streamline the process to make it easier for you, and we’re always ready with advice and assistance.

Meet the Team

Find a Mortgage Originator near you