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(Time-codes for each question below - 1st question begins at 00:24) 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)... We will be making a series on mortgage related questions and information where I'll get a little more in-depth into some of these topics and phrases. Feel free to send me a DM if you guys have any further questions, my Instagram handle is down below :) 1) What is Private Mortgage / Hard Money Lending? 00:24 - 01:04 2) Why choose Private Mortgage over traditional lending services? 01:04 - 02:25 3) Are the fees/rates higher on the private side? 02:25 - 03:44 4) What is the main difference between private & traditional mortgage lending? 03:44 - 04:36 5) Typically how much is required as a down payment on a private mortgage? 04:36 - 05:24 ___ Stay up to date on my day to day business life: https://www.facebook.com/sunilprasad360
(Time-codes for each question below - 1st question begins at 00:24) 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)... We will be making a series on mortgage related questions and information where I'll get a little more in-depth into some of these topics and phrases. Feel free to send me a DM if you guys have any further questions, my Instagram handle is down below :) 1) What is Private Mortgage / Hard Money Lending? 00:24 - 01:04 2) Why choose Private Mortgage over traditional lending services? 01:04 - 02:25 3) Are the fees/rates higher on the private side? 02:25 - 03:44 4) What is the main difference between private & traditional mortgage lending? 03:44 - 04:36 5) Typically how much is required as a down payment on a private mortgage? 04:36 - 05:24 ___ Stay up to date on my day to day business life: https://www.facebook.com/sunilprasad360