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Portfolio Lender

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Portfolio Lender

A lender that holds the loans it originates in its portfolio rather than selling them.

See Mortgage Lender/Mortgage Banks Versus Portfolio Lenders.



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To escape this problem, savvy developers are eschewing traditional "preferred lender" relationships with large national banks and increasingly relying on an array of portfolio lenders and mortgage banks, which can provide mortgages to buyers even if only a small percentage of units have sold.
Many portfolio lenders are actively working with borrowers to modify loan terms and avoid foreclosures.
In most cases, a portfolio lender can help individuals that cannot get a loan through other lending companies due to such things as being self-employed.
 
 
 
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