Private Mortgages fill a need for many homeowners who don’t qualify with a bank lender. Qualifying for financing is becoming more difficult each year. The rules keep changing and the bar keeps moving up. For many seniors, qualifying with an institution is just not realistic.

You have the equity in your home, and you can make the payments, but because you don’t ‘show’ enough income to cover the mortgage, the bank declines you.

If you also have bad credit or need more funds than a reverse mortgage will allow, a Private Mortgage may be your saving grace. But be careful, the devil is in the details. You need to use an experienced broker like myself who is skilled and knowledgeable in Private Mortgage Financing.

Call or email me and we can go over the details and I can explain exactly what your options are and give you choices on the best way to proceed.