Portfolio Loans

A portfolio loan is a loan held in-house by the lender.

In many cases, loans that are issued by lenders are packaged together with other loans and sold to the secondary market. With a portfolio loan, the lender that initially started the loan will hold the loan in their investment portfolio.

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 a safe risk. Typically a portfolio loan does require a stronger credit borrower.

Got questions?

(802) 863-2020

Ready to get started?

Apply Now

Loan Calculator

Mortgage News

Mortgage Rates Hike – What This Means for the Future

As many of you have probably seen, the Federal Reserve has made the decision to hike interest rates higher. Specifically, around .25% higher. This was not unexpected, and was done so that it may stimulate the economy. While there is a good amount of debate and fear...

Happy New Year – What to Expect in 2017

From all of us here at Vermont Mortgage Company, we hope you are having a happy and healthy 2017 so far! We are excited to kick off the new year, and cannot wait to see what will come of it. We know many may choose 2017 as the year they finally buy a house, as either...

FHA Loan Premium Cut

Greetings from the Vermont Mortgage Company! As we are sure many of you have heard, the Federal Housing Administration (FHA) has cut the annual mortgage premium by 25 basis points. What this means is the cost of a FHA Loan is now .25% lower, making mortgages more...