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Updated by Adam Lesner on Oct 28, 2015
Headline for Portfolio Loan and Mortgage Awesomeness
Adam Lesner Adam Lesner
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Portfolio Loan and Mortgage Awesomeness

All things portfolio loan and mortgage related. Providing a useful guide on how to buy a home even if you have unique circumstances.

What is a Portfolio Loan?

Here's the deal... there is no such thing as a cookie cutter scenario when it comes to home financing. Whether it's FHA, Conventional, Jumbo, VA, USDA, etc... everyone's situation is different. Portfolio loans are designed to get folks approved when they are not eligible for any "normal" type of financing.

What is a Land Contract?

a popular way to purchase or sell a home without having to deal with banks or lenders. This is an attractive route to take if the property that is being sold is unique, or if the buyer of the home cannot get approved for a mortgage for one reason or another.

Self-Employed Less Than Two Years Mortgage Solution

The answer is yes it's possible, but each situation is unique. Before we dive into how it's possible, let's get on the same page of what the root issue is. Being self-employed less than two years makes it difficult for the lender to make a determination of what your actual income is because there is limited history.

What is a Non-Warrantable Condo?

Finding out that the condo you're looking to buy is considered to be a non-warrantable condo can be heartbreaking. When a condo is identified as a non-warrantable that means it does not meet conventional guidelines (meaning Fannie Mae and Freddie Mac won't buy the loan).