Rate Launches Flexible Mortgage Suite for Modern Borrowers

Rate, a leading provider of fintech mortgage solutions, has introduced Rate Portfolio, a new suite of tailored mortgage products aimed at serving the needs of today’s diverse borrower base. Designed for self-employed individuals, freelancers, small business owners, and property investors, the Rate Portfolio suite addresses modern financing challenges with flexibility and common-sense underwriting, moving beyond the limits of traditional lending models.

1. Modernizing Mortgage Products for Today’s Borrowers

• Traditional income verification models often exclude well-qualified applicants with non-standard income streams.
• Rate Portfolio offers personalized mortgage solutions based on real-world financial behaviors, making homeownership more accessible for self-employed, asset-rich, and entrepreneurial borrowers.

2. Overview of the Rate Portfolio Suite

Rate Portfolio includes four customized mortgage offerings:

• Rate Portfolio Self-Employed
  Qualifies borrowers using business cash flow and flexible income documentation.
• Rate Portfolio Assets
  Enables mortgage approval based on asset holdings, either alone or as income supplements.
• Rate Portfolio Investor
  Designed for property investors, using property cash flow as the sole qualifying factor.
• Rate Portfolio Buy Before You Sell
  Empowers buyers to purchase a new home without selling their current property first, enabling non-contingent offers in competitive markets.

3. Addressing the Evolving Workforce and Real Estate Market

• According to recent data, small and mid-sized investors account for 25% of U.S. home purchases—underscoring the need for flexible investor-focused mortgage products.
• The gig economy and self-employed workforce are growing faster than traditional employment sectors, prompting a reevaluation of lending criteria across the industry.

4. Empowering Borrowers Through Tailored Financing

• “Homeownership should be accessible regardless of income structure,” said Shant Banosian, President of Rate.
• Rate Portfolio opens opportunities for non-traditional earners who have previously been underserved by conventional mortgage products.

5. Strategic Product Innovation and Market Responsiveness

• EVP Kate Amor emphasized that Rate Portfolio is a direct response to borrower feedback and evolving market demands.
• The new offerings equip borrowers with speed, flexibility, and purchasing power, especially in competitive housing markets.

With the launch of Rate Portfolio, Rate is leading the way in modern mortgage lending by offering inclusive, flexible, and responsive financial solutions. As borrower profiles continue to evolve, lenders who accommodate diverse income structures and financial strengths will be essential to expanding homeownership access. Rate Portfolio reflects a commitment to building practical, real-world financing paths for today’s ambitious and entrepreneurial borrowers.