Except in a few Western states, private and hard money lenders will not consider a loan secured by a borrower's residence. In this video, Rocky Butani provides 2 alternatives to owner-occupied hard money loans, the typical terms, and how to find lenders that provide alternative lending solutions to homeowners.
Begin your search for residential private & hard money lenders on our website:
00:00 Introduction 00:34 Consumer Mortgage Defined 01:09 Alternative #1: Non-QM / Non-Prime 02:10 Alternative #2: Equity Sharing
03:25 How to Find Equity Sharing Lenders
Private Lender Link, Inc. is licensed by the California Department of Real Estate (CA DRE Lic. 02057741). Rocky Butani is the company's designated officer: CA DRE Broker Lic. 01893537
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By: Private Lender Link Title: Owner-Occupied Hard Money Loan Alternatives Sourced From: www.youtube.com/watch?v=4BUydTRPW6A
