The benefit to a portfolio loan is that often the borrower can go a little outside of the guidelines if the lender feels there is till safe risk. Typically a portfolio loan does require a stronger credit borrower.
The Benefits of Having a Mortgage
Warm greetings from all of us here at the Vermont Mortgage Company! We know we talk a lot about mortgages and their different types, but what exactly are the benefits of a mortgage? Amazingly enough, it's more than just a way to pay for a house over a period. There...