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Which Home Loan is Right for You?

Posted On: October 19, 2020 by Prevail Bank in: Home Loans

Are you getting ready to dive into your first home purchase? Before doing so, it’s helpful to learn the difference between two types of loans offered by banks, to make an educated decision. These two loans are Portfolio and Secondary Market Loans. Ultimately, deciding which of these loans is best for you, will depend on your preferences and unique circumstances.

What is a Portfolio Loan?

Portfolio loans are both owned and managed by your local bank. ...

Tags: Mortgage Lender, Mortgage Tips, portfolio loan, secondary market loans