LOAN TYPE: Portfolio
POSITION: 1ST
RATE TYPE: FIXED or Adjustable
PAYMENT TYPE: AMORTIZING
LOAN LIMITS: $484,350, $2 million
INDEX: NA
TERMS: 10, 15, 20, 25 & 30 Yrs

ADVANTAGES:
• Qualify with 1 or 2 years of bank statements (bus or pers)
• No need to show profitability on tax filings
DISADVANTAGES:
• Higher rates than equivalent Agency loan products