Portfolio Loans in Lewisville, TX (Flexible Non-QM Options)
Portfolio loans are flexible mortgage options designed for borrowers who do not fit standard agency guidelines. Instead of being sold to Fannie Mae or Freddie Mac, portfolio loans are typically kept by the lender. This can allow more common-sense underwriting based on the full financial picture (program dependent).
Proudly serving Lewisville (75056), Denton County, and borrowers across Texas.
✅ Apply Now • 📞 Phone & Text: 713-955-4685 • ✉️ info@libertyhomemortgage.com
What Is a Portfolio Loan?
A portfolio loan is a mortgage where the lender may review income, assets, and overall borrower strength using alternatives to standard documentation. These programs are designed for real-world income scenarios that do not always fit traditional guidelines.
All portfolio loans are subject to underwriting approval and lender-specific program requirements.
Working with a local Lewisville mortgage broker can help match flexible portfolio programs to your actual income and financial situation.
Who Portfolio Loans Can Help
Portfolio loans may be helpful for:
• Borrowers who do not qualify for conventional loans due to documentation structure
• Self-employed borrowers and business owners
• Gig workers, contractors, and 1099 income earners
• Entertainers or borrowers with variable income
• Borrowers employed by a family business or holding multiple jobs
• Real estate investors (program dependent)
Common Documentation Options
Documentation depends on the lender and the specific scenario. Depending on eligibility, options may include:
• Personal or business bank statements
• 1099 income for contractors or freelancers
• VOE-only (verification of employment) in eligible cases
• CPA-prepared profit and loss (P&L) statements
• Asset-based qualification in eligible scenarios
• Rental income documentation for investment properties (program dependent)
Occupancy and Property Types
Portfolio loan programs may be available for:
• Primary residences
• Second homes
• Investment properties (program dependent)
Eligible property types vary by lender and may include single-family homes, townhomes, planned unit developments (PUDs), and certain warrantable condominiums (program dependent).
Why Borrowers Choose Portfolio Loans
• More flexibility than standard agency loans (program dependent)
• Better fit for real-world income and documentation scenarios
• Designed for self-employed and non-traditional income borrowers
• Available for purchase, refinance, and some cash-out scenarios (program dependent)
If you are comparing options, we can also explain when a Texas Cash-Out Refinance (A6), HELOC, or Bank Statement Loan may be a better fit (program dependent).
Frequently Asked Questions
Are portfolio loans the same as conventional loans?
No. Conventional loans follow agency guidelines. Portfolio loans follow lender-specific guidelines and may allow more flexibility (program dependent).
Do portfolio loans require tax returns?
Not always. Some programs allow alternatives such as bank statements, 1099 income, VOE-only, or CPA-prepared P&L statements (program dependent).
Can self-employed borrowers qualify?
Yes. Many portfolio loan programs are designed specifically for self-employed borrowers and business owners.
Can portfolio loans be used for investment properties?
Sometimes. Certain programs allow investment and business-purpose properties, depending on lender rules and state requirements.
How do I get started?
Start with a quick application or call or text us. We will review your goal, property type, and documentation options, then provide a simple checklist.
Talk to a Portfolio Loan Specialist
If your income does not fit a standard box, a portfolio loan may be a good option. Contact Liberty Home Mortgage and we will review your scenario step by step.
📞 Phone & Text: 713-955-4685
✉️ info@libertyhomemortgage.com
🌐 www.libertyhomemortgage.com
✅ Apply Now
Equal Housing Lender 🏠⚖️
Company NMLS: 321164 • Aslam Mansoor NMLS: 184238
Liberty Home Mortgage • 4400 State Hwy 121 STE 300 • Lewisville, TX 75056
All loans are subject to underwriting approval and credit review. Programs, rates, and terms are subject to change without notice.