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 set their own terms and approve deals agencies won't touch.

Question 2

Can I use a portfolio ARM on a wine estate in Napa?

Accepted Answer

Yes. Portfolio lenders handle mixed-use and ag-tied properties. Most agency and conventional products won't go near those deals.

Question 3

How long does the initial fixed rate period last?

Accepted Answer

Common structures are 5/1, 7/1, and 10/1 ARMs. The rate is fixed for that initial period, then adjusts annually.

Question 4

Do I need perfect credit for a portfolio ARM?

Accepted Answer

Not perfect — but strong. Most portfolio lenders want 680+. Reserves and assets can compensate for borderline credit profiles.

Question 5

Are portfolio ARMs available for investment properties in Napa?

Accepted Answer

Yes, and they're common there. Pair them with strong reserves or rental income documentation for the best shot at approval.

Question 6

Why use a broker instead of going direct to a portfolio lender?

Accepted Answer

Portfolio lenders don't all advertise publicly. A broker with 200+ lender relationships finds programs a borrower can't find on their own.

Portfolio ARMs in Napa: Flexible Financing for Wine Country Buyers