Private Mortgages

With a private mortgage, you don’t borrow from a bank. Instead, you borrow from another person or business. Whether it’s your only option, or one of many, it's worth learning how these loans work and knowing what can go wrong.

As you evaluate where and how to borrow (or lend, if you're the person with cash), keep the big picture in mind: typically the goal is to create a win-win solution where everybody gains financially without taking too much risk.