What private mortgages are used for
Common uses include debt consolidation, payout of arrears, bridge financing, business cash flow, construction completion, estate or divorce timing, and refinancing after a bank decline.
Why the exit strategy matters
Private lending is usually short-term and higher cost. Before accepting terms, the borrower should understand how the mortgage will be repaid or refinanced.
What affects pricing
Pricing depends on lender risk, loan-to-value, position on title, property quality, location, credit, urgency, legal complexity, and documentation.
Next step
Start with a review of property value, existing mortgage balances, deadlines, and the specific problem being solved.