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Portfolio lender
A lender who makes loans with its own funds and keeps the loans on the company's books--in other words, inside the institution's "portfolio"--rather than selling the loan on the secondary market.
Related Terms
Construction loan
Short Sale
Foreclosure
Commitment fee
Repossession
Call option
Commitment
Reconveyance
Assumption fee
Collection
Conditional commitment
Lender
Mortgagor
Acceleration clause
Agency closing
Beneficiary
Credit
Deed of trust
Firm commitment
Loan officer
Non-assumption clause
Shared-appreciation mortgage
Down payment
Escrow company
Conventional loan
Late charge
Forbearance
Loan processing fee
Pre-approval letter
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