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 more flexible underwriting and terms not tied to agency guidelines.

Question 2

Can I use rental income to qualify in Exeter?

Accepted Answer

Yes, many portfolio lenders accept rental income documentation. Some will also consider bank statements or asset depletion.

Question 3

How long is the initial fixed period on a portfolio ARM?

Accepted Answer

Common options are 3, 5, 7, or 10 years fixed before the rate adjusts. The right choice depends on your hold strategy.

Question 4

Are portfolio ARMs available for investment properties in Tulare County?

Accepted Answer

Yes. Portfolio ARMs work for both owner-occupied and investment properties. Lender terms and rates will differ between the two.

Question 5

What credit score do I need for a portfolio ARM?

Accepted Answer

Most portfolio lenders want at least 620-660. Stronger credit gets better margins and rate caps.

Portfolio ARMs in Exeter, CA — Flexible Financing on Your Terms