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Private Mortgage Borrowing

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Manage episode 346028054 series 2364153
Content provided by Walter Monteiro. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Walter Monteiro or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

So, you know, we love private mortgages, We love doing them, but we always triage the situation to make sure that the borrower is in fact a qualified private borrower and not somebody that can actually go to a financial institution. Because if you can do that, then why would you borrow privately? Okay?

Secondly, we also make sure that you have an exit plan.

So if you've got those two criteria, then obviously we've got our own criteria, the biggest one being loan to value on the property and the type of property. But if you meet those criteria and you've been getting turned down by lending institutions or financial institutions and they don't want to quite help you out, then give us a call.

As long as the deal makes sense and there's an exit plan, then we've got a solution for you. But if it's just, you know, prolonging the inevitable, it's probably not something we can do anyway, give us a call, 5 1 9 2 4 0 0 3 6 0.

If you think you got something that, uh, would fit the mold, then by all means, I'd be happy to help you out.

  continue reading

162 episodes

Artwork
iconShare
 
Manage episode 346028054 series 2364153
Content provided by Walter Monteiro. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Walter Monteiro or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

So, you know, we love private mortgages, We love doing them, but we always triage the situation to make sure that the borrower is in fact a qualified private borrower and not somebody that can actually go to a financial institution. Because if you can do that, then why would you borrow privately? Okay?

Secondly, we also make sure that you have an exit plan.

So if you've got those two criteria, then obviously we've got our own criteria, the biggest one being loan to value on the property and the type of property. But if you meet those criteria and you've been getting turned down by lending institutions or financial institutions and they don't want to quite help you out, then give us a call.

As long as the deal makes sense and there's an exit plan, then we've got a solution for you. But if it's just, you know, prolonging the inevitable, it's probably not something we can do anyway, give us a call, 5 1 9 2 4 0 0 3 6 0.

If you think you got something that, uh, would fit the mold, then by all means, I'd be happy to help you out.

  continue reading

162 episodes

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