Other Mortgage Types

Homeownership is possible even for those who don’t qualify for a traditional mortgage. Our full suite of products and services includes portfolio loans with more flexible underwriting standards than traditional banks offer.

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A Great Mortgage Option

Our goal is to help you reach your goal and with flexible underwriting standards, our portfolio loans are designed to do exactly that. All loan applications are subject to an underwriting process but portfolio loans enable us to support clients with circumstances that do not fit into a standardized checklist or form. If you need more reasons to choose Fremont Bank, learn what makes us different.

Some circumstances where a portfolio loan could apply include:

Retirees on a fixed income with retirement assets 

People with alternative income streams

Mixed use, complex zoning or other unique property types

Complex real estate portfolios

Complex business ownership

Non-warrantable condos

Alternative credit scenarios 

Multiple financed investment properties 

Large Loans

Want to buy a more expensive home or make a smaller down payment? High balance and jumbo mortgage loans are available.

High Balance Mortgage

Best for: Qualified borrowers looking for financing in a “high cost” area

  • A conventional mortgage where the loan amount exceeds the conforming loan limits
  • Borrow up to $822,375 depending on the county
  • No Closing Costs and points options3
  • Available for purchase or refinance4

Jumbo Loans

Best for: Borrowers who require loan amounts greater than $510,400

  • Borrow up to $5 million
  • Fixed and adjustable rate mortgages and portfolio loans
  • Competitive rates

Portfolio Loans

Have unique credit or income circumstances? Consider a portfolio loan! This type of loan has more flexible requirements since it is underwritten to our internal guidelines.

5/6m Portfolio ARM

Best for: Those with unique credit or income circumstances

  • Underwritten to our internal standards and guidelines
  • Available on primary residences to $5,000,000, second homes to $3,500,000, investments to $1,000,000

7/6m Portfolio ARM

Best for: Those with unique credit or income circumstances

  • Underwritten to our internal standards and guidelines
  • Similar to the 5/1 Portfolio ARM, contact us to learn more about the differences

Affordable Loans

Looking for a more affordable mortgage? Our HomeReady® program and Federal Housing Administration (FHA) loans offer low down payment options and have less stringent credit requirements.

FHA Loans1

Best for: First-time borrowers who need a low down payment

  • Down payments as low as 3.5% of purchase price
  • Flexible credit qualifications
  • Fixed-rate or adjustable-rate mortgages

HomeReady® Loans2

Best for: Borrowers who require a low down payment option

  • Down payment as low as 3% of the purchase price
  • Reduced mortgage insurance coverage requirements
  • Flexible sources of income

Today’s Mortgage Rates

Check our current mortgage rates to find a loan that suits your needs. We offer competitive rates and flexible terms on loans for purchase and refinance.4

4 Ways to Get Started

Make the next move toward your next move. Let our team help put your home loan in motion.

Apply Online

Use your computer or smartphone from the comfort of your home.

Request a Call

Speak with a Loan Officer, who will help guide you through your purchase.

Locate a Loan Officer

Find a Relationship Loan Officer in your area.

Talk to an Expert

A loan representative can answer your questions and take your application.

Looking for Something Else?

Loan data is for informational purposes only, and is based on owner-occupied single-family homes only. The actual fees, costs and monthly payment on your specific loan transaction may be higher or lower than those quoted based on your information, which may be determined after you apply. This is not a credit decision or a commitment to lend. Loan interest rates are based on current market rates, are subject to pricing adjustments related to several factors including, but not limited to, property type and location, loan amount, loan type, loan-to-value, occupancy type and borrower credit history. Mortgage insurance may be required if loan-to-value (LTV) is higher than 80% which could increase the monthly payment and APR.

Adequate property insurance (which may include flood insurance) is required. Borrower responsible for insurance requirements and applicable state, county, city taxes which can be substantial.

1 FHA insures loans for lenders against defaults - it does not provide direct lending nor does it set interest rates on the mortgages it insures. Borrower must meet standard FHA credit qualification. Available on 1- to 4-unit properties.

2 Borrower required to complete homeownership education course; certification required. Available on 1- to 4-unit property purchases and limited cash out refinances only. Fixed rate terms only. HomeReady is a registered trademark of Fannie Mae.

3 No Closing Cost loans are subject to terms and conditions of Fremont Bank’s Application Fee Agreement, which lists the specific costs and fees the borrower will not pay. An application fee may be required after a loan application is submitted, which will be refunded as a credit on your Closing Disclosure statement. Application fee is non-refundable if your loan is denied, withdrawn or does not close for any reason. Borrower is responsible for paying all fees and charges imposed by brokers or an existing third party lender (for example, payoff demand statement fee and/or a reconveyance fee) as well as any prepayment penalty imposed by any third party lender or Fremont Bank. Loans with lower nominal interest rates may be available to borrower willing to pay points and fees.

Loans with points and/or fees (Closing Costs) may have a lower nominal interest rate than “No Closing Cost” loans. Discount points are a form of prepaid interest paid up front in exchange for a lower interest rate. The reduced interest rate will only save money over a long term; the longer a borrower plans to live in the home, the better the chance of reaching the “break-even” point. There are a variety of points and fee options, so please ask your loan officer about available programs to help you decide whether paying points is an option for you.
4 Refinancing to lower your monthly payment may extend the number of monthly payments and/or the total amount paid when compared to your current situation. Other loan programs are also available. If you are a servicemember on active duty, prior to seeking a refinance of your existing mortgage loan, please consult with your legal advisor regarding the loss of any benefits you are entitled to under the Servicemembers Civil Relief Act or applicable state law.

Loans available for properties located in California and Nevada. Rates may not be available in all areas. Actual rates may vary. Loans subject to credit qualifications and underwriting requirements. Property type and other restrictions may apply.