Question 1

What makes a portfolio ARM different from a regular ARM?

Accepted Answer

The lender keeps the loan instead of selling it. That means they set their own terms and can approve borrowers agencies would reject.

Question 2

Can I use a portfolio ARM to buy an investment property in Albany?

Accepted Answer

Yes. Portfolio lenders often allow investor purchases. Some use rental income to qualify, similar to a DSCR structure.

Question 3

What happens when the rate adjusts?

Accepted Answer

After the fixed period ends, the rate adjusts on a set schedule — usually annually. Caps limit how much it can move each period.

Question 4

Do portfolio ARMs require full income documentation?

Accepted Answer

Not always. Many portfolio lenders accept bank statements or asset depletion. Each lender has its own documentation requirements.

Question 5

Is a portfolio ARM a good fit if I plan to refinance in five years?

Accepted Answer

Possibly. A 5/1 ARM gives you five years at the initial rate. If you refinance before it adjusts, you keep the lower payment and avoid the adjustment entirely.

Question 6

How do I find portfolio ARM lenders in Alameda County?

Accepted Answer

Most are wholesale lenders not available to the public. A broker with non-QM access is the most direct path to these programs.

Portfolio ARMs in Albany, CA: Flexible Financing That Fits