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Private mortgage lending

Author: The Mortgage Girl |

While most mortgage loans come from banks, credit unions, and trust companies, there are some cases where working with a private mortgage lender makes the most sense. Perhaps you have been turned by the bank due to your credit history or employment challenges, this type of solution may work for the short term. It is not for everyone, but for those in the right situation, private lending can make home buying or refinancing a reality.