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Portfolio ARMs don't follow Fannie Mae rules. Lenders write their own terms — and that changes everything for borrowers who don't fit a standard box.
HousingWire flagged ARM demand shifting as the 30-year fixed hit 6.57%. That's exactly when portfolio ARMs start making sense for the right borrower. Rates vary by borrower profile and market conditions.
Varies by lender
Min Credit Score
5, 7, or 10 years
Typical Fixed Period
Often 20%+
Down Payment
Non-QM
QM Status
Adjustable after fixed
Rate Type
Portfolio ARMs in Loma Linda
These are non-QM loans. That means no strict debt-to-income caps, no W-2 requirement, and no Fannie-imposed credit overlays.
Self-employed borrowers, investors, and high-asset borrowers with complex income are the core audience. If your tax returns don't tell your real story, this product often does.
Local decision guide
Use this guide to connect portfolio arms eligibility, lender expectations, and local market factors before comparing payment options in Loma Linda.
Portfolio ARMs don't follow Fannie Mae rules. Lenders write their own terms — and that changes everything for borrowers who don't fit a standard box.
HousingWire flagged ARM demand shifting as the 30-year fixed hit 6.57%. That's exactly when portfolio ARMs start making sense for the right borrower. Rates vary by borrower profile and market conditions.
These are non-QM loans. That means no strict debt-to-income caps, no W-2 requirement, and no Fannie-imposed credit overlays.
Portfolio lenders set their own guidelines. Two lenders offering "portfolio ARMs" can have completely different rate structures, caps, and qualifying standards.
That's why shopping matters more here than on any conventional product. A broker with access to 200+ wholesale lenders will find terms a single bank never shows you.
The borrowers I see win with portfolio ARMs are usually holding for 5-7 years. They take the lower initial rate, build equity, then refinance or sell before the rate adjusts hard.
Watch the index and margin terms closely. Some lenders use SOFR. Others use proprietary indexes. The margin is what actually determines your long-term exposure.
A conventional ARM gets sold to Fannie Mae. Your lender has to play by their rules — income docs, DTI limits, the whole checklist. Portfolio ARMs skip that entirely.
DSCR loans are another option for investors, but they qualify on rental income alone. Portfolio ARMs can qualify on mixed income streams. That's a meaningful difference.
Loma Linda runs on Loma Linda University Health. That means a steady pipeline of physicians, residents, and medical professionals — borrowers with high income and high student debt.
Portfolio ARMs work well for that profile. A doctor with $300K in student loans but strong income can get approved here when conventional lenders walk away.
The lender keeps the loan instead of selling it. That means they set their own rules on qualifying, rates, and terms.
Yes. Portfolio lenders often accept bank statements, asset depletion, or business income. Standard employment docs aren't required.
It depends on the lender. Common structures are 5/1, 7/1, and 10/1 ARMs — fixed for that period, then adjusting annually.
Often yes. High student debt can kill a conventional approval. Portfolio lenders weigh full financial picture, not just DTI.
It adjusts based on an index plus a lender margin. Your loan docs will show rate caps that limit how much it can move.
Requirements vary by lender. Most portfolio ARM programs want 20% or more down, especially for non-QM borrowers.