- gagan@payrightmortgage.com
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If traditional options aren’t working, a private mortgage might be the solution you need. Short-term private mortgages can bridge the gap until you're back on track. These alternative financing options offer flexibility in eligibility, credit, and property requirements, making homeownership accessible for diverse borrowers. Private lenders help achieve financial goals and dreams of homeownership.
Private lenders may estimate your income using industry averages if you're unable to provide proof.
Lenders may demand property appraisal to secure the loan, utilizing it for repayment in case of default.
For the loan-to-value ratio minimum of 85%, a 15% down payment is necessary to secure the loan.