Portfolio Loan
A Portfolio Loan is designed for borrowers who do not fit into the traditional mortgage box. A portfolio loan is different because it’s an in-house loan option. We can offer more flexibility and work with you to find a solution that fits your unique financial situation.
Why Choose an Portfolio Loan?
- Flexible qualification guidelines tailored to your circumstances
- Local decision-making with loans held in-house
- Personalized service from experienced mortgage professionals
- Creative solutions for complex financial scenarios
When Does a Portfolio Loan Make Sense?
A Portfolio Loan may be a great fit if you:
- Have non-traditional income sources
- Are working to improve your credit
- Have a higher debt-to-income ratio
- Need more flexibility than conventional loan options offer
- May not meet standard documentation requirements
Loan Details
- Loan is held in-house for greater flexibility
- One-on-one guidance from a dedicated mortgage expert
- Flexible underwriting for unique borrower situations
- No prepayment penalties
What to Expect
Portfolio Loans are designed with your full financial picture in mind. Our team takes the time to understand your goals and works with you to build a loan solution that makes homeownership possible.
Our Experts Can Help
No matter where you are in Michigan, our friendly team of mortgage experts is here to guide you through every step of the home-buying journey. From pre-approval to closing, we’ve got you covered. Come share your story with us—we’d love to help make your homeownership dreams come true!
Local Lending Pros
- Our local mortgage lending experts know your community because they live and work there
- Your mortgage lender will be with you through the entire process, from pre-approval to closing
- Our team can give you helpful payment info and other insights about the process
- Tell our team your story. We’re sure to have a solution to fit your needs, and your budget.
Mortgage Resources
We want to make sure your home buying experience is as easy as possible. We’ve dedicated a section of our blog to mortgage and home buying topics. We hope you find them helpful. If you have questions, reach out to our Mortgage Team or give us a call at 800.442.2800.
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*APR = Annual Percentage Rate. Your rate may be different depending on your credit profile and home value. Rates are subject to change without notice. Additional restrictions may apply.