Portfolio lending
Loans Capital Bank keeps on its own books, underwritten by people instead of an automated engine. For files that are solid but don't fit an agency box.
Who it's for
Borrowers whose situation makes sense but doesn't fit the automated guidelines that Fannie Mae, Freddie Mac, FHA or VA require. Recent career changes, a large but irregular income, a property with a quirk, or a deal that needs to close before something else resolves.
How it works
Most mortgages are sold to investors after closing, so the lender has to follow the investors' rules to the letter. A portfolio loan stays with the bank. That means the bank's own underwriters can weigh the whole picture, including things an automated system would simply reject.
Because Capital Bank is a bank, not a broker, I can walk a file down the hall and get a real answer on whether it works.
What to know
It's a tool, not a default. Portfolio pricing is usually a bit higher than agency pricing, and the structure is often adjustable-rate. When an agency loan works, we use it. When it doesn't, portfolio lending is what keeps the deal alive.
Common uses: buying before selling, income that's strong but under two years, condo projects that aren't warrantable, mixed-use properties, and borrowers with substantial assets but modest documented income.
Refinance later. Many portfolio borrowers move to a conventional loan once the thing that made them unusual has resolved. We plan that from the start.
Want to talk it through?
Thirty minutes on video. No application, no obligation, and no cost, now or later.