In order to hit the required investment returns, the borrower needed a portfolio lender
that would be able to lock the rate at application and eliminate any interest rate risk and provide a full-term interest only loan, Klein said.
The officers include Dwight Bateman, Hetal Engineer, Tom Hurdman, Brian Kuntz and George Taylor, who will support the company's expansion as a national portfolio lender
of Small Business Administration (SBA) loans.
Another area that has set Washington Federal apart throughout its history is our commitment to remaining a portfolio lender
American Capital Real Estate Finance is a portfolio lender
that can be a solution to the critical, financial piece of a sponsor's value-add business plan.
Working with a portfolio lender
can prove beneficial for borrowers who need flexibility from their lender in order to deal with changing tenancy, finance rehabilitation or re-tenanting or simply need the ability to take decisive action on a timely basis.
Because of SBA loan size limits a portfolio lender
is a critical addition for multiple unit development and aggressive growth.
Great Western has enormous potential because it is already a leading portfolio lender
, and we plan to augment that success and become a major conduit for fixed-rate loans through the secondary market.
It had begun to operate as a portfolio lender
in the post-war period, however, buying VA mortgages in particular, until directed to liquidate its portfolio by the 1954 FNMA Charter Act.
The loan closed with a portfolio lender
with offices in New York City.
Without this specialized knowledge or without some feature that makes the mortgage nonconforming (and hence higher yielding or lower cost), a portfolio lender
often will have difficulty originating and funding a mortgage loan profitably.
Being well-versed with the nuances and process for using agency/CMBS lenders, especially for their larger transactions, the borrowers decided to go with a traditional "On Book" portfolio lender
named Oritani Bank for this refinance," added Harrington.
ReadyCap Commercial LLC is a non-bank, direct portfolio lender
offering financing for small-balance commercial real estate and multifamily properties nationwide, including Freddie Mac Small Balance Loans.