Private Mortgage Lender Types
July 31st, 2011
When it comes to the private money lending world, there are basically three different types of private mortgage lender.
The most common is the single investor that makes their own decisions and places their own money in to private mortgages.
The second type is the mortgage investment corporation that places funds from an investor pool into private mortgage loans.
The third is a syndicate of two or more private lenders that split the mortgage funding among them. This can be equal or not, and can involve several different investors as well.
Each type is still a private lender, providing similar rates and terms in the market place
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