Portfolio Refinance Programs
The portfolio refinance strategy and services are focused on the short refi programs such as the 203b. We work with hedge funds, private equity firms, individual and other institutional clients in determining what portion of their portfolio could qualify for these programs. Most of the underwater portfolios that were purchased by our clients were acquired at attractive discounts to their current market values. By employing the short refi program you are able to realize lucrative margins through the principal reduction of your borrower’s loan, thus allowing for a new FHA insured loan that will be securitized into a Ginnie MBS product. In addition, we are able to take existing FHA portfolios that have been successfully modified and securitize them into a new Ginnie MBS as well.