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Frequently Asked Questions

Let us answer the questions you have on mortgage loans and broker.

Free Mortgage Analysis

Call Now (888) 219-6840 or complete the form below. One of our professional mortgage specialists is available now for a no-obligation conversation.

Need A Real Estate Loan Fast? Call Us Now! (888) 219-6840
Since we are privately funded, we can offer loan terms that no other bank or organization provides.

Mortgage Loan FAQ

Private money mortgages satisfy the financial needs of small & big-time investors, as well as those individuals needing financing to buy (or refinance) real property. There are numerous players involved in the private loan marketplace. It is in this marketplace that borrowers and investors search for promising investment opportunities, although each has a unique perspective.

Mortgages, by their very nature, are intricate financial instruments but are financial investments that are easy to understand with a bit of online research or a conversation with a private moneylender representative.

For the Broker – FAQs

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Can mortgage loan brokers place ‘difficult to finance’ loan scenarios on a wholesale basis?

Private money mortgage lenders approve loans in accordance with their own guidelines and property standards. This results in quick turnaround times, and fast closings.

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How are mortgage loan brokers compensated if they place loans with a private moneylender?

Brokers provide a significant source of our loan originations and refinancing. Loan brokers are compensated quickly through our streamlined compensation process.

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Do private mortgage money sources offer only one type of mortgage money program?

The private mortgage money market has been designed to capture loans that are difficult to place in more traditional markets. As such, private moneylenders offer many different mortgage products to meet countless financing situations.

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Can loans be structured to meet unusual scenarios?

Of course, that is one of the fundamental reasons brokers choose to place oddball, atypical scenarios with a private mortgage lender.

For the Investor – FAQs

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Do private money mortgages require a minimum investment?

Minimum investment amounts vary.

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Do private money stakeholders invest in collateralized notes?

All mortgages loans are secured by real property. This is the exact definition of a mortgage.

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What is the rate of return on private mortgage investments?

Like its distant cousin, the convention mortgage loan market, interests rates for private money mortgage vary as a result of:

  • The age of the mortgage
  • The size of the mortgage
  • The terms of the mortgage’s promissory note
  • The financial situation underlying the borrower’s request for financing
  • The overall economy

For the Borrower – FAQs

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Is a private money mortgage underwritten to one specific set of industry guidelines?

The lending institution sets forth the private money mortgages guidelines.

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Is the loan processing time for private money mortgages longer than the time it takes to secure a conventional mortgage?

One of the fundamental benefits of private money mortgages is that their processing time is dramatically reduced from months (in the conventional marketplace) to 5-10 days. For those in need of quick funds, these mortgages are a great solution.

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Are private money mortgages designed (and priced) to meet the needs of risky borrowers only?

Private money mortgages are a great way to finance property for people who do not meet the profile of the typical borrower. These private mortgages are an alternative financing solution for borrowers who, by the very nature of their business, cannot meet strict conventional guidelines. Those who choose to finance with private money mortgages include:

  • Corporations
  • Contractors
  • Limited Liability Companies
  • Entrepreneurs
  • Self-employed individuals, and
  • Trusts
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Why do borrowers choose private money mortgages?

Private money lenders offer financing options that require only minimal amounts of documentation, faster processing times and the opportunity to finance alternate types of real property as collateral.

The Takeaway

Private mortgage moneylenders finance unusual real estate situations for borrowers and then offer financial investment opportunities for investors to pursue. It is a viable business solution that meets the needs of many individuals who previously had none.

Asset Based Loan Funded Fast:

Call Now (888) 219-6840
or complete the form below.

About Us

Private Loan Financial is a full service private money direct lender focused on funding equity-based deals fast through custom designed financing structures for residential, multi-family, land, commercial and construction loans. PLF specializes in residential and commercial loans for both borrows and brokers filling a void left by institutional lenders.

Contact Us

Expert financial advice and the lowest rates possible are waiting. Reach out today to get started.

Call Us Today!
(888) 219-6840

Need A Real Estate Loan Fast? Call Us Now! (888) 219-6840
Since we are privately funded, we can offer loan terms that no other bank or organization provides.

Investing / Loans / Money Blogs & Articles

Check back regularly to catch up on the news in the mortgage lending and borrowing world. We’ll examine different fields of expertise and update monthly, so keep coming back!

Why Choose a Hard Money Lender Instead of a Traditional Bank?

Why should borrowers choose private lenders over traditional banks? The short answer is that these lenders fill in the gaps where other lenders fail. Many individuals today have the ability and desire to invest in a new home, but they have an unproven track record....

Loans are offered under either: California Bureau of Real Estate License 01897444 or California Finance Lender License 6054605
Mortgage Loan Originator, NMLS license no. 945582