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.

References in periodicals archive ?
com), headquartered in Irving, TX, is a non-bank, direct portfolio lender offering financing for small-balance commercial investment, multifamily, and bridge loan programs nationwide.
Mesa West, a Los Angeles-headquartered portfolio lender, originated the financing out of its New York City office, providing the first mortgage for the transaction, while Boston-based AEW provided the mezzanine debt.
2 percent, while a jumbo portfolio lender can make a jumbo mortgage at 4 percent.
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.
Working on behalf of the borrower, a joint venture between CNL Commercial Real Estate and Long Wharf Real Estate Partners, HFF placed the interim loan with a portfolio lender.
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.
MetLife continues to be the largest portfolio lender in the insurance industry, with $40 billion in commercial mortgage loans outstanding.
As a portfolio lender they were able to accommodate all of the Borrower's needs through their ability to control the documentation process" says Jonathan Goldman.
NEW YORK, April 6, 2015 /PRNewswire/ -- In a sign of healthy economic activity, Emerald Creek Capital, a middle-market portfolio lender closed $33,500,000 of short-term debt across 10 transactions in the first quarter of 2015.

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