Who this is for:

Private lending can be an excellent option for individuals who do not meet the requirements for a traditional mortgage loan. This may include first-time home buyers, self-employed individuals, those with lower credit scores, and people with a high debt-to-income ratio.

Private mortgage lenders can offer more flexibility in their terms and conditions, catering to the unique needs of each borrower. This can be especially helpful for those who need to close quickly or make a low down payment on a property.