I'm considering taking out a portfolio loan, but I'm concerned about the potential risks involved. I want to understand if portfolio loans are generally considered risky and what factors might contribute to that risk.
7 answers
DiamondStorm
Wed Dec 04 2024
This is because the lender assumes all the risk by retaining the loan.
Riccardo
Wed Dec 04 2024
Portfolio loans often have higher interest rates compared to traditional mortgages.
SeoulSerenitySeekerPeace
Tue Dec 03 2024
Lenders need to protect themselves against the higher risk they are taking.
Lorenzo
Tue Dec 03 2024
The increased risk for the lender necessitates stricter repayment terms for the borrower.
DondaejiDelightfulCharmingSmile
Tue Dec 03 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the digital asset market.