- Seeking experienced private mortgage lenders
- Loan ranges typically $80,000-$500,000
- 10-12% interest only loans allowed
- Ability to inspect properties or view videos and photos of property
- Mortgage broker with over 29 years experience screening applicants
- Private lenders looking to lend to small companies and individuals with typical 10-12% interest on money lent with interest only monthly payments and a 24 month balloon payment at the end. Six months min interest requirements give a guaranteed min amount of interest to the lender.