Question 1

What makes a portfolio ARM different from a regular ARM?

Accepted Answer

The lender keeps it instead of selling it. That means more flexible terms and looser documentation rules.

Question 2

Can a self-employed borrower in Santa Rosa qualify?

Accepted Answer

Yes. Portfolio lenders often accept bank statements or asset-based income. It's one of the best fits for self-employed buyers.

Question 3

How long does the initial fixed rate period last?

Accepted Answer

Most portfolio ARMs offer 3, 5, 7, or 10-year fixed periods. After that, the rate adjusts annually.

Question 4

Is there a cap on how much the rate can increase?

Accepted Answer

Yes. Most have annual and lifetime caps. Ask your lender for the exact cap structure before committing.

Question 5

Are portfolio ARMs available for investment properties in Sonoma County?

Accepted Answer

Absolutely. They're one of the top tools for investors who don't fit conventional income requirements.

Question 6

How do I know if a portfolio ARM beats a fixed-rate loan?

Accepted Answer

Run the numbers against your real hold period. If you're out in 5-7 years, the ARM's lower start rate usually wins.

Portfolio ARMs in Santa Rosa, CA — Flexible Financing for Complex Deals