What are Private Mortgages?
Private mortgages are mortgage loans which are funded by private individuals, trusts, partnerships, real estate investment groups and retirement funds. These private mortgages are not offered by banks.
A private mortgage will typically come at a higher cost than a traditional bank mortgage and you should explore other mortgage financing options first. But, if you have already exhausted your options, a private mortgage may be an excellent mortgage solution for you.
Private mortgages can be used for a variety of loan purposes and property types. If you are interested in exploring your options with a Private Investor Loan, click the link on the left that reads “Contact Us”. In the message area, tell us what you’re trying to accomplish with a brief scenario. We will respond within 1 business day. You are under NO obligation to proceed beyond the informational exchange we will have, and there is no fee for this exchange.