February 14, 2016

Why Use A Private Portfolio Mortgage Lender


Posted by Jason Wheeler | Fully Follow Me | Subscribe

I’m always talking to people about the benefits of working with myself and C2 Financial Corpcompared to what I call the big three retail lenders.

Bank of America, Chase, and Wells Fargo.(Stay Away if you Want a Make Sense Loan!

While these big retail banks have the marketing dollars to get their name out there and a branch on every corner it seems like they lack one very important thing in today’s difficult lending market… Options.

The facts are simple that if your loan gets declined by strict government guidelines enacted by Fannie Mae and Freddie Mac you will never be able to close your loan with the “Big Three”

We offer the option of Portfolio Lending! Read below and see how Investopedia describes Portfolio Lending.


What Does Portfolio Lender Mean?
A company that not only originates mortgage loans, but also holds a portfolio of their loans instead of selling them off in the secondary market. A portfolio or private lender makes money off the fees for originating the mortgages and also seeks to make profits off the spread (difference) between interest-earning assets and the interest paid on deposits in their mortgage portfolio.

Investopedia explains Portfolio Lender
Many mortgage lenders avoid the risks of holding mortgages, only profiting from origination fees and then quickly selling off the mortgages to other financial institutions. There are pros and cons to both methods. Companies who profit off mortgage origination experience less risk and likely a more stable profit stream, while portfolio lenders have a chance to experience more upside on their portfolio, but also more risk.


If you have been denied by another big bank or even if you are working with another broker in the California Bay Area, before you give up you should learn about the benefits our Portfolio Private Lender can offer you. We specialize in loans slightly outside the box, we are not always agency sellers so most of our loans represent agency fallout or turn down’s of some kind.


Our goal is to be in every consumers product mix so you can offer all products available in the market place.  We have 30 Fixed Rates and 15 Fixed Rates that are very close and competitive with Conventional Lending rates…

CRUNCH TIME; when it really counts…  

  • FASTEST funding’s in the industry!!! ( 1 week funding’s)
  • Use of your own appraiser
  • Direct access to decision makers
  • Same day review on request
  • Draw docs SAME DAY as CLA.
  • Fund in 24 hours no BS…

Until Next time Here is to your success! Jason Wheeler


About Jason Wheeler - Bay Area Mortgage Lender

Jason Wheeler got started with in the Mortgage & Lending business in 2003. Jason has become a top producer for one of the largest most well respected Real Estate and Mortgage brokers in the industry, producing quality loans in California. For fun... Jason loves to write and share on his blog (what you are reading now) hangs with his wife daughter and dog. IF YOU LIKE WHAT YOU'RE SEEING GO VIP HERE

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