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How to find a portfolio lender?

Profile picture for epost
I am looking for a portfolio lender. I don't know where to start...
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January 18 2009 - Frederick
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Answers (20)

Profile picture for Laurdendavis
Try Credit Union in your area. I am looking for portfolio lenders and currently yesterday I had an appointment with one of the Credit Union personnel. However, I would like to compare rates. If you know anyone let me know. 
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January 07
Profile picture for LUXURY HOME LOANS CA
LOL Aspertane.

Happy funnding, Rudi
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August 23 2011
Profile picture for Aspertane
Hey look Rudi is self promoting again, what a shock!
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August 23 2011
Profile picture for Georgia Loans
Ok
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August 23 2011
Profile picture for OSheila
I may be looking for a portfolio lender also for a property in Florida.
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August 23 2011
Profile picture for emery123
US Bank is a good portfolio lender also you could look at Advancial Mortgage (they are a credit union)
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July 11 2011
Profile picture for gikltd
Hello,

I'm looking for the same. 
The new property will be in Prince Georges County, Maryland

Thank you
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July 10 2011
Profile picture for funds2
Natasha,
I heard your magic lender disappeared in mid "09.....something about smoke and mirrors....
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October 20 2010
Profile picture for nathanservicesllc
Send me a message and I will reply with a whole list of them for you to use.
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October 20 2010
Profile picture for Natasha Kennedy
I have a lender who can do magic. 
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October 19 2010
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[Deleted for self promotion]
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October 19 2010
Profile picture for seanreis
I'm also looking for a portfolio lender.  I have 10 single family home investment properties, each financed.  So I cannot get any more loans under Fannie Mae guidelines.  Anyone know a lender who will do property number 11?
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September 18 2010
Profile picture for seanreis
I'm also looking for a portfolio lender.  I have 10 single family home investment properties, each financed.  So I cannot get any more loans under Fannie Mae guidelines.  Anyone know a lender who will do property number 11?
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August 31 2010
Profile picture for LUXURY HOME LOANS CA
@sbreau,

If you are in California and you need more than $750K, please contact me, I can help you. ... Happy funding, Rudi
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June 29 2010
Profile picture for Georgia Loans
sbreau, why do you think you need a portfolio lender, for what purpose? Do you have a $10 million dollar loan?

Epost, why do you need one? If both of you described your scenarios then someone here could possibly direct you to a lender. Also be sure to say what state the property is in.
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June 29 2010
Profile picture for sbreau
I am also looking for one. Did you ever find one? If so, please share what you found. I just read at one website that "some of the largest portfolio lenders include Countrywide, Washington Mutual, and Wells Fargo." (I read this at http://www.thetruthaboutmortgage.com/use-portfolio-lenders-for-hard-to-close-mortgage-deals/).
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June 29 2010
Profile picture for Keane Ng
What type of portfolio loan are you looking for?  What is the reason you're looking for a portfolio lender?

Other than guaranteed servicing, there isn't much a reason to look for portfolio lenders unless it's a specific scenario you know you need a portfolio lender for.  They are usually so specialized that asking for a lender for a specific scenario makes more sense than just calling all portfolio lenders out there.

Also, which state is the loan for?
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February 02 2009
Profile picture for ckhadivi
Honestly, there are very few portfolio lenders today.  Most lenders do not have the liquidity to hold loans on their books (a generalization) so they will sell to Fannie/Freddie/other investors.  But there are some that still do hold loans and service them, such as Wells, US Bank, and some others.

Find a broker in your area who can direct you to a portfolio lender.
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January 20 2009
Profile picture for DebtFreeDave
Just google it...
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January 19 2009
Profile picture for LUXURY HOME LOANS CA
ep, any broker in your area will have relationships with several portfolio lenders.
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January 19 2009
 

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