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 can offer terms a standard agency ARM won't allow.

Question 2

Do I need W-2 income to qualify for a portfolio ARM in Belvedere?

Accepted Answer

No. Portfolio lenders can use bank statements, asset depletion, or other income types. That's a core reason non-QM exists.

Question 3

How long is the initial fixed period on a portfolio ARM?

Accepted Answer

Common structures are 5/1, 7/1, and 10/1. The first number is the fixed period in years before the rate adjusts.

Question 4

What credit score do I need for a portfolio ARM?

Accepted Answer

Requirements vary by lender, but most portfolio lenders want 700 or higher. Stronger scores unlock meaningfully better rates.

Question 5

Is a portfolio ARM a good fit for a Belvedere investment property?

Accepted Answer

It can be. But if the property is a rental, a DSCR loan may give you better terms based on the property's income.

Question 6

How much in reserves do lenders typically require?

Accepted Answer

Most portfolio lenders want 12 months of PITIA — principal, interest, taxes, insurance, and HOA — in liquid assets.

Portfolio ARMs in Belvedere, CA — Flexible Financing for High-Value Homes