What is a private money loan?

A private money loan is a real estate-backed loan where a borrower receives funds secured by equity in their property (or properties). Private money lenders like Wilshire Quinn are mainly focused on the equity in the property as opposed to borrower credit and financials. Private money loans are typically short-term ranging from six months up to two years.

By |2019-06-11T19:36:47+00:00June 11th, 2019|
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