What is a Portfolio Private Lender and Why Should I Know A Good One?
Posted by Jason Wheeler | Subscribe
I'm always talking to people about the benefits of working with myself and Clarion Mortgage Capital compared to what I call the big three retail lenders. Bank of America, Chase, and Wells Fargo. While these big retail banks have the marketing dollars to get their name out there and a branch on every corner it seems like they lack one very important thing in today's difficult lending market... Options. The facts are simple that if your loan gets declined by strict government guidelines enacted by Fannie Mae and Freddie Mac you will never be able to close your loan with the "Big Three"
We offer the option of Portfolio Lending! Read below and see how Investopedia describes Portfolio Lending.
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==> 10 Loan Senarios We Closed... They Couldn't
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If you have been denied by another big bank or even if you are working with another broker in the California Bay Area, before you give up you should learn about the benefits our Portfolio Private Lender can offer you. We specialize in loans slightly outside the box, we are not always agency sellers so most of our loans represent agency fallout or turn down's of some kind.
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