How to get approved for a mortgage when everyone else is saying "NO"!
Ted Lyons and Adam Lesner discuss the portfolio loan and how it can help folks.
Usually a portfolio loan will be a good option for someone with a recent derogatory mark on their credit like a foreclosure, bankruptcy, or short sale in the last couple years. A portfolio loan is also a good option for someone looking to buy a home that is unique like a non-warrantable condo, or a home the is zoned in a commercial area.
http://youtu.be/cwYLoXpRgX4
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