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 ?
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
The HFF team was led by senior managing director Jon Mikula and managing director Michael Klein.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.
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.

Full browser ?