Question 1

What makes a portfolio ARM different from a standard ARM?

Accepted Answer

The lender keeps the loan instead of selling it. That lets them set their own qualification rules and terms.

Question 2

Can I use a portfolio ARM to buy an investment property in Turlock?

Accepted Answer

Yes. Portfolio ARMs work for investment properties. Qualification terms depend on the specific lender's program.

Question 3

How long is the fixed period on a portfolio ARM?

Accepted Answer

Common options are 3, 5, 7, or 10 years fixed before the rate adjusts. The right term depends on your exit plan.

Question 4

Do I need W-2 income to qualify?

Accepted Answer

No. Portfolio ARMs accept alternative docs like bank statements or asset depletion. W-2s are not required.

Question 5

What credit score do I need for a portfolio ARM in Stanislaus County?

Accepted Answer

Requirements vary by lender. Some programs go below 680. A broker can match you to programs that fit your score.

Question 6

Is a portfolio ARM risky if rates keep rising?

Accepted Answer

Adjustment caps limit how much the rate can increase. Understanding your cap structure is essential before you commit.

Portfolio ARMs in Turlock — Flexible Financing on Your Terms