Private Mortgage Borrowing

What this episode covers

So, you know, we love private mortgages, We love doing them, but we always triage the situation to make sure that the borrower is in fact a qualified private borrower and not somebody that can actually go to a financial institution. Because if you can do that, then why would you borrow privately? Okay? Secondly, we also make sure that you have an exit plan. So if you've got those two criteria, then obviously we've got our own criteria, the biggest one being loan to value on the property and the type of property. But if you meet those criteria and you've been getting turned down by lending institutions or financial institutions and they don't want to quite help you out, then give us a call. As long as the deal makes sense and there's an exit plan, then we've got a solution for you. But if it's just, you know, prolonging the inevitable, it's probably not something we can do anyway, give us a call, 5 1 9 2 4 0 0 3 6 0. If you think you got something that, uh, would fit the mold, then by all means, I'd be happy to help you out.

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