Portfolio lender
Portfolio lender
A portfolio lender is a financial institution that makes loans and keeps them in-house until they're paid off, rather than selling them to investors on the secondary market. The portfolio lender typically offers deposit services as well, and uses the deposits as a source of liquidity. Profits are generated by charging more on loans than paying out on deposits.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
4.39 |
| 5/1 ARM | 3.69 |
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