Debunking 5 Myths About Hard and Private Money Lenders

The tight requirements that traditional mortgage lenders and banks impose on borrowers creates the need for private and hard money mortgages. Private money lenders offer mortgages that are easy to obtain and remove the red tape associated with traditional mortgage lending. Sadly, most real estate owners and borrowers remain blinded by the numerous myths and…

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Private Mortgage Lenders: Benefits of a Privately Funded Mortgage

Even if you aren’t a first time home buyer, the ins and outs of getting a mortgage can be overwhelming. With a traditional loan you have to apply, jumping through all of the bank’s hoops, making sure you’re qualified, and then wait the long months until you get the news, wondering what you’re going to…

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Private Mortgage Lenders: Why Choose a Private Mortgage?

Established banks and mortgage companies have strict loan qualification requirements that must be met before they will issue a home loan. People who do not meet strict bank or traditional mortgage company qualifications have options. Private mortgages are alternative to traditional mortgages. Borrowers who take out a private mortgage are not necessarily a credit risk,…

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