For trusted advice in this specialized field of borrowing and lending, get in touch with TLE.

Over the past few years, traditional lending institutions have made their lending criteria more and more stringent. When a traditional bank or lending institution will not approve a borrower for a home financing loan or a mortgage, a private mortgage can be an ideal and quick alternative.

A private mortgage is usually a short-term loan (for a term of 6 months to 1 year) that uses your home as collateral. These loans can range from as little as $10,000.00 to as high as $500,000.00. To qualify for a private mortgage, a lender’s primary concern is with the amount of equity invested in the property. The more equity you have invested in the property, the better the terms offered to you will be. Private lenders are less concerned with credit and employment history of the borrower. As long as the borrower has a repayment plan and has the resources for making the required payments, they are more likely to qualify for the private mortgage.

We represent both lenders and borrowers for home financing loans or mortgages. If you have exhausted your option with traditional banks and lending institutions, a private mortgage can be the ideal solution for you!