
Private Mortgage
Private mortgage is simply a mortgage, which is issued through investors other than banks. Private mortgage lenders work by funding transactions based on the equity and location of the home. In many cases, they come in where the major banks or institutional lenders aren't willing to go.
Waiting for a long approval process isn't always fun. If time isn't on your side, or if you can't qualify for a mortgage from a bank or institutional lender, then a private lender may be the answer.
They can be useful for the self-employed or those with bad credit, who tend to have a harder time getting a mortgage, as well as investors who want a quick, custom service.
Our Professionals would discuss/understand your current financial situation and advice you if this is the right solution for you.