Portfolio Lender

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.

The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Velocity, a direct portfolio lender that actively manages over USD 1 billion in commercial real estate loans and securitized assets, implemented EVOLV to transform their financial operations and capitalize on growth opportunities.
Kallenberg of Meridian Capital Group brokered the mortgage with a portfolio lender.
The financing was arranged by Meridian Capital's Bryan Kallenberg, who brokered the mortgage with a portfolio lender.
Wilshire Quinn, based in San Diego, CA, is a portfolio lender which funds short-term real estate loans in first lien position.
by securing a great long-term loan with a strong portfolio lender," Lichtenfels said
Another area that has set Washington Federal apart throughout its history is our commitment to remaining a portfolio lender. This means we never sell our loans.
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.
The sale of multiple unit packages to larger franchisees win attract portfolio lenders. Because of SBA loan size limits a portfolio lender is a critical addition for multiple unit development and aggressive growth.
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.
Velocity, a direct portfolio lender, provides investment property loans for residential 1-4, multi-family, mixed-use and small balance commercial properties.
Holding mortgages that can be easily sold in the future improves the liquidity of a portfolio lender, and thus the degree to which such a lender wants to hold nonstandard mortgages may be limited.

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