Private mortgages are loans provided by individuals or companies instead of traditional banks. They offer flexible lending based on property value rather than strict income or credit requirements.
These mortgages are often short-term (1 to 3 years) and typically require interest-only payments, offering fast access to financing when traditional options are limited.
Your property is used as collateral, making approval based more on the real estate than your credit score or income.
One of the biggest advantages is speed — private mortgage funding can happen within days, not weeks.
✔ Self-employed with limited income proof.
✔ Need financing faster than a traditional bank can deliver.
✔ Credit score challenges but strong property equity.
✔ Purchasing unconventional properties (farms, land, unique homes).
✔ Bridge financing between buying a new home and selling an existing one.
Monthly Interest Payment:
Total Interest Over 1 Year: