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Updated over 2 years ago on . Most recent reply

Marc S.'s profile image
Marc S.'s profile image
Marc S.
  • New to Real Estate
  • from New York
  • Member since Jun 15, 2015

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Marc S.'s profile image
Marc S.'s profile image
Marc S.
  • New to Real Estate
  • from New York
  • Member since Jun 15, 2015
Marc S.
  • New to Real Estate
  • New York
36
Votes |
119
Posts
Mortgage Brokers & Lenders

Possible portfolio loan?

Marc S.
  • New to Real Estate
  • New York
Posted

Hello,

I am currently in the process of putting an offer in on a SFR in Celina, TX. Are there any banks out there I can get a portfolio loan on to negotiate a better rate than going through a bank using Fanny / Freddy?

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Jonathan R McLaughlin's profile image
Jonathan R McLaughlin's profile image
Jonathan R McLaughlin
  • Rental Property Investor
  • from Boston, Massachusetts (MA)
  • Member since May 17, 2016

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Jonathan R McLaughlin's profile image
Jonathan R McLaughlin's profile image
Jonathan R McLaughlin
  • Rental Property Investor
  • from Boston, Massachusetts (MA)
  • Member since May 17, 2016
Jonathan R McLaughlin
  • Rental Property Investor
  • Boston, Massachusetts (MA)
2,246
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2,370
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Jonathan R McLaughlin
  • Rental Property Investor
  • Boston, Massachusetts (MA)
Replied

portfolio loans are extremely useful in part because they are not constrained by fannie or freddie ground rules--you have to pay a premium for that

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