Question 1

What makes a portfolio ARM different from a regular ARM?

Accepted Answer

The lender keeps it instead of selling it. That means they write their own rules on income, credit, and terms.

Question 2

Is this a good fit for Berkeley investment properties?

Accepted Answer

Yes — especially for short hold periods. Investors use the lower start rate to improve early cash flow.

Question 3

How long is the fixed period before the rate adjusts?

Accepted Answer

Common options are 5, 7, or 10 years. The right choice depends on how long you plan to hold the property.

Question 4

Can self-employed borrowers qualify?

Accepted Answer

Yes. Portfolio lenders often accept bank statements or P&Ls instead of tax returns. That's a big advantage.

Question 5

What's the minimum credit score required?

Accepted Answer

It depends on the lender. We've seen minimums from 620 to 700. Reserves and LTV matter just as much.

Portfolio ARMs in Berkeley, CA — Flexible Loans for Complex Borrowers