Portfolio Lenders vs. National Jumbo Programs in New Hampshire

Portfolio Lenders vs. National Jumbo Programs in New Hampshire

National jumbo lenders (UWM, LoanDepot, Better) offer consistency and broad product lines. New Hampshire portfolio lenders offer flexibility and local market knowledge. For many NH borrowers, portfolio lenders win.

When Portfolio Lenders Win

• Seasonal homes: Portfolio lenders accept investment/vacation properties more easily
• Investment rentals: Custom terms and underwriting for multi-property landlords
• Self-employed: More flexible with business structures and tax returns
• Lower down payments: Sometimes allow 15–20% instead of 25%+

When National Jumbo Programs Win

• Consistent rates: Large programs publish rates daily
• Speed: Automated underwriting moves fast
• Product range: Multiple loan programs and options
• Rate locks: Clear lock terms and pricing

New Hampshire Example

On a $1M jumbo for an owner-occupied Lake Region home:

• National lender: 7.125% (automated pricing)
• Portfolio lender: 6.875% (manual review, local knowledge)

The portfolio lender understood the property, the market, and the borrower. That’s 0.25% lower on a $1M loan = $250/month in savings.

How to Compare Effectively

1. Get quotes from at least one national lender and one portfolio specialist.
2. Request written terms including rates, fees, and closing timelines.
3. Ask about New Hampshire-specific property rules (seasonal, investment, etc.).

Portfolio lenders are often overlooked but frequently offer better pricing on New Hampshire properties—especially if you don’t fit a national lender’s cookie-cutter profile.