You're assuming lenders have to be either a portfolio lender or a Non-QM lender. Lenders are businesses and can decide what loans they want to offer.
Non-QM refers to any product that is not a Qualified Mortgage under the Qualified Mortgage Rule. So, portfolio products are Non-QM most of the time but can be a QM in certain cases.
As far as what's better for an investor, it's all case by case. You're best off finding someone you trust, who's competent, and has a strong product offering. Then discuss your needs with them. The most important piece of your puzzle is the MLO who's going to be guiding you.
You're assuming lenders have to be either a portfolio lender or a Non-QM lender. Lenders are businesses and can decide what loans they want to offer.
Non-QM refers to any product that is not a Qualified Mortgage under the Qualified Mortgage Rule. So, portfolio products are Non-QM most of the time but can be a QM in certain cases.
As far as what's better for an investor, it's all case by case. You're best off finding someone you trust, who's competent, and has a strong product offering. Then discuss your needs with them. The most important piece of your puzzle is the MLO who's going to be guiding you.
The two posts above me do a great job of explaining portfolio and NON-QM. As far as your particular scenario and investment please provide more color like down payment, appraised value, type of property, how long you plan to hold it, your credit score, your experience etc….this type of info is necessary to give you a good idea as to what would make the most sense in your scenario.