What is Private Mortgage?

Here are my answers to some frequently asked questions regarding private mortgage that I thought could provide some basic understanding on the topic.

I wanted to outline the main differences between traditional and private lending services and why someone may choose to pick a private mortgage over going to a major lender (banks, etc)...

Feel free to reach out to us if you have any further questions.

00:24 - What is Private Mortgage / Hard Money Lending?

01:04 - Why choose Private Mortgage over traditional lending services?

02:25 - Are the fees/rates higher on the private side?

03:44 - What is the main difference between private & traditional mortgage lending?

04:36 - Typically how much is required as a down payment on a private mortgage?