Date: December 18, 2023
Time: 9:00 am - 11:00 am
Location:  Show map
MAAR Education Center
6393 Poplar Ave
Memphis, TN 38119
Contact: MAAR Education
Phone: 901-818-2421
 

Mortgage lending can be tough! There are many different loan programs available to borrowers. How do you know what loan choice is best for your client?

Portfolio loan financing is one helpful way banks, credit unions and mortgage lenders have to aid borrowers who may be having trouble securing a conventional mortgage loan, a VA loan or an FHA loan. Portfolio loans are classified as non-conforming conventional loan products, meaning they do not typically adhere to standards set by Fannie Mae and Freddie Mac.

Most of these offerings have underwriting requirements that are set per lender and are typically created to meet a need within a local market or community. A portfolio loan is originated and retained by that lender and stays within that lender's portfolio.

This course will break down various portfolio loan products to help you understand how they can be a benefit to clients, including no- or low-down-payment loans, bridge loans, construction loans and specialty loans, such as medical professional loans or land loans. Register now to learn more about this alternative financing option!


Class Details & Registration


Instructor: Chris Gray & Kay Carroll
CE Credit: 2 Hours
Cost: Free for Members | $20 for Non-Members


Portfolio Loan Financing