Private Financing Solutions to Enhance Your Lifestyle

My objective is to provide you with mortgage solutions. Private lending is an option to be carefully considered. Terms are usually short, 1-2 years, and you can expect to pay a fee to secure the mortgage, while interest rates will be pretty high.

Private financing really makes sense when you need money to execute a plan to get ahead. It’s not a long term financing strategy.

Private lenders lend on equity in the property, sometimes up to 75% of your property’s value. The lender is not overly concerned with credit or income but will review both to assess your situation. Their main interest is the property and its ability to be sold if you default on the mortgage.

Where a private lender can be helpful is that they will lend on properties outside of the box such as churches, schools, farms, and raw land.

Construction financing for small and large projects is popular in private lending because the lenders do not impose the stringent guidelines that A lenders do.

If you have a mortgage with great terms already in place, a private lender will consider giving you a second mortgage for a smaller amount of money.

If you have home equity, let’s look at all your options, and if a private mortgage makes sense, I can help you arrange the financing.