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The What and Why of Portfolio Loans

Have you heard of Portfolio Loans? If not, don’t worry — you are not alone! The term sounds a little like something off of Wall Street, rather than your neighborhood streets.  It might surprise you to learn Portfolio Loans are actually an accessible mortgage Loan product that we offer here at Great Midwest Bank to qualified borrowers. These loans can be a helpful route for people in a variety of unique situations. Approval for a Portfolio Loan is not guaranteed, but we will outline all your options after an in-depth financial evaluation during the application process.  If you’re not sure what a Portfolio Loan is or why a person might use one, you’ve come to the right place! Be sure... Read the full article.

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The What and Why of Portfolio Loans

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