If you’re self-employed, have bad credit, or are looking for a mortgage for a unique property, you may find that traditional lenders are unwilling to work with you. That’s where private lending comes in – it’s a way to get the financing you need without going through a bank or other traditional lender.
Here are some key things you need to know about private lending:
What is private lending? Private lending is when an individual or company provides funding for a mortgage. Private lenders are typically more flexible than traditional lenders, and they can work with borrowers who have unique circumstances, such as self-employment or bad credit.
The benefits of private lending: Private lending can be a great option for borrowers who are unable to qualify for a mortgage through traditional lenders. Private lenders can provide quick access to funds, and they’re often more flexible when it comes to the terms of the loan.
Working with a mortgage agent: As a mortgage agent, I have access to a network of private lenders who can provide the financing you need. I can help you understand your options and find a private lender who can work with you to get the mortgage you need.
Don’t let non-traditional circumstances stop you from getting the mortgage you need. Contact me today to learn more about private lending and how I can help you secure the financing you need.