Finance (alternative)
In Maryland, a 'portfolio loan' is one that:
AConforms to Fannie Mae/Freddie Mac guidelines
BA lender originates and holds in their own portfolio rather than selling in the secondary market✓ Correct
CIs only available for investment properties
DRequires no income verification
Explanation
Portfolio loans are originated and held by the lender (not sold to Fannie Mae or Freddie Mac), allowing more flexible underwriting. Maryland community banks often offer portfolio products for unique properties or borrowers.
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