Mortgage

QAre Portfolio Lenders More Likely To Be Flexible With Property Conditions?
AYes. A portfolio lender might be your only option if you need a loan to buy a property in its present, or as-is, condition. Some portfolio lenders will allow funds from the seller's proceeds to be held in an account so that repair work can be completed after closing. Freddie Mac and Fannie Mae loans won't permit holdbacks for such work.