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Portfolio Lending Seasoning Matrix for Derogatory EventsProgram ConventionalFHAVAForeclosureBankruptcyShort Sale Ch. 7 4 years from discharge/ dismissal Ch. 13 2 years from discharge/4 years from
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How to fill out portfolio lending seasoning matrix

01
Start by gathering all the necessary information, including details of the borrower, the property, and the terms of the loan.
02
Determine the specific criteria required by the loan program you are applying for. This may involve factors such as the borrower's credit score, income, and the length of time the property has been owned.
03
Create a table or spreadsheet to organize the information. The columns should represent the loan program criteria, and the rows should indicate different time periods, such as 0-6 months, 6-12 months, etc.
04
Fill in the matrix by checking off the appropriate boxes based on whether the borrower and property meet the criteria for each time period.
05
Review the completed matrix to ensure accuracy and completeness.
06
Make any necessary adjustments or updates to the matrix as new information becomes available.
07
Submit the filled out portfolio lending seasoning matrix as part of your application package.

Who needs portfolio lending seasoning matrix?

01
Portfolio lenders or financial institutions that offer portfolio lending products.
02
Borrowers who are seeking to apply for a portfolio loan.
03
Loan officers or underwriters who need to evaluate a borrower's eligibility for a portfolio loan program.
04
Real estate investors who are looking to finance and manage multiple properties in their portfolio.
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The portfolio lending seasoning matrix is a document that shows the age or maturity of the loans in a lender's portfolio.
Lenders or financial institutions that engage in portfolio lending are required to file the portfolio lending seasoning matrix.
The portfolio lending seasoning matrix is typically filled out by inputting the necessary information about each loan in the lender's portfolio, such as the loan amount, interest rate, and maturity date.
The purpose of the portfolio lending seasoning matrix is to provide a snapshot of the loans in a lender's portfolio and assess the level of risk associated with those loans.
The information reported on the portfolio lending seasoning matrix typically includes details about each loan in the portfolio, such as loan amount, interest rate, maturity date, and borrower information.
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