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 write their own rules on income, credit, and loan structure.

Question 2

Is a portfolio ARM right for self-employed borrowers in Rocklin?

Accepted Answer

Often yes. If your tax returns understate income, portfolio lenders can use bank statements or assets to qualify you instead.

Question 3

How long does the initial fixed rate period last?

Accepted Answer

Most portfolio ARMs offer 5, 7, or 10-year fixed periods. After that, the rate adjusts annually based on an index like SOFR.

Question 4

Can I use a portfolio ARM for an investment property in Rocklin?

Accepted Answer

Yes. Many portfolio ARM programs are built specifically for investors. They're a strong alternative to DSCR loans when cash flow is thin.

Question 5

What credit score do I need for a portfolio ARM?

Accepted Answer

Most portfolio lenders want 680 or higher. Some programs go lower, but pricing gets worse fast below that threshold.

Question 6

Are rates higher on portfolio ARMs than conventional ARMs?

Accepted Answer

Usually yes — non-QM pricing carries a premium. But the start rate is still often lower than a 30-year fixed. Rates vary by borrower profile and market conditions.

Portfolio ARMs in Rocklin, CA — Flexible Rates, Local Underwriting