Question 1

What makes a Portfolio ARM different from a regular ARM?

Accepted Answer

A regular ARM gets sold to Fannie or Freddie. A portfolio ARM stays with the lender — so they set the terms, not the agencies.

Question 2

Can I get a Portfolio ARM on a fire-zone property in Tuolumne County?

Accepted Answer

Yes. Portfolio lenders underwrite to their own standards. Fire zone designation is a factor but not an automatic denial.

Question 3

How long does the rate stay fixed on a Portfolio ARM?

Accepted Answer

It depends on the product — common options are 3, 5, 7, or 10 years fixed before adjustments begin. We match the term to your timeline.

Question 4

Do Portfolio ARMs work for self-employed borrowers?

Accepted Answer

Yes. Portfolio lenders can accept bank statements, P&L statements, or asset depletion. Standard W-2 income documentation is not required.

Question 5

What's the minimum down payment for a Portfolio ARM in Sonora?

Accepted Answer

Most portfolio lenders want 20% down. Some go to 25% on rural or non-warrantable properties. Rates vary by borrower profile and market conditions.

Question 6

Is a Portfolio ARM a good fit for short-term rental investors in Sonora?

Accepted Answer

Often yes. If you plan to hold five to seven years, the lower initial rate saves real money before any adjustment kicks in.

Portfolio ARMs in Sonora, CA — Flexible Financing for Real Buyers