lender

[Shai Buki]

can someone please explain to me the whole concept of portfolio lender and whats the difference with a regular mortgage ?

thanks

[Sean McNamara]

Portfolio lenders not only originate mortgage loans but they hold a portfolio of those loans rather than selling them off in the secondary market. Many mortgage lenders avoid the risks of holding the loan, they profit from origination fees and selling them in the secondary market. Portfolio lenders hold their mortgages and profit from origination fees as well as the difference between interest-earning assets and the interest paid on deposits in their portfolio. 

Hope this helps!