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Private Mortgage Loans for Flexible Real Estate Financing

Private mortgage loans provide flexible real estate financing for borrowers who may not fit traditional lending guidelines or need a faster financing solution. Also known as private money loans or hard money loans, these programs can provide financing based primarily on the property, available equity, and the overall strength of the transaction.
Private financing may be suitable for real estate investors, property owners, business owners, and borrowers seeking funding for purchases, refinancing, cash out, bridge financing, or investment properties.
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Private mortgage loans for real estate financing

What Are Private Mortgage Loans?

Private mortgage loans are real estate loans funded by private investors or private lending institutions rather than traditional banks or government backed lending programs.

Unlike conventional mortgage financing, private lending can place greater emphasis on the property securing the loan, available equity, and the borrower’s ability to repay. This can make private financing an option when traditional income documentation, credit requirements, or lending timelines create challenges.

Private loans are commonly used for investment properties, bridge financing, fix and flip projects, cash out transactions, and other real estate financing situations that require greater flexibility.

Who Can Benefit From Private Mortgage Loans?

Private mortgage financing may be useful for:
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Real Estate Investors
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Borrowers With Non Traditional Income
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Borrowers Seeking Faster Financing
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Property Owners With Significant Equity

Step 1

Check Eligibility

Step 2

Payment Option

Step 3

Get Approved

Step 4

Close the Loan

Step 5

Repayment & Loan Terms

Private Loan Options for Real Estate

Private mortgage financing may be available for several real estate purposes, including:

Purchase financing

Financing for acquiring residential or commercial property.

Refinancing

Replacing existing financing with a private loan structure that better fits the borrower’s current needs.

Bridge Financing

Short term financing designed to help borrowers move forward with a transaction while arranging longer term financing or another source of repayment.

Cash Out Financing

Accessing available property equity for qualified purposes.

Investment Property Financing

Financing for non owner occupied properties and real estate investment opportunities.

Fix and Flip Financing

Funding that may be used by investors purchasing and improving properties for resale.

Private Mortgage Loan Requirements

Private mortgage loan requirements can vary based on the lender, property, loan amount, transaction type, and borrower circumstances.
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Property value and equity
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Loan to value ratio
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Property type
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Purpose of the loan
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Borrower’s ability to repay
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Credit profile
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Existing property debt
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Exit or repayment strategy
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Financial documentation

Private Loan Rates and Terms

Private loan rates and terms depend on the property, loan amount, transaction structure, borrower circumstances, and lender requirements.

Your current source content states rates starting from 9.50% to 12.00%, with options described as fully amortized, interest only, or ARM structures.

Private Mortgage Loans in Los Angeles and California

CRESTICO provides real estate financing solutions for borrowers seeking private mortgage financing in Los Angeles and throughout California. Private financing may be considered for residential and commercial properties, investment transactions, refinancing, bridge financing, and other real estate funding needs.

For borrowers who do not fit conventional lending guidelines or need a financing structure tailored to their transaction, speaking with a loan professional can help identify available options.

Frequently Asked Questions

What is a private mortgage loan?

A private mortgage loan is real estate financing provided by a private investor or private lending institution rather than a traditional bank or government backed lending program.

Are private mortgage loans the same as hard money loans?

Private mortgage loans and hard money loans are often used interchangeably, although specific loan structures and requirements can differ between lenders and programs.

What can private mortgage loans be used for?

Depending on the program, private financing may be used for property purchases, refinancing, cash out transactions, investment properties, bridge financing, and fix and flip projects.

Do private mortgage loans require good credit?

Private lenders may place greater emphasis on the property, available equity, transaction structure, and ability to repay. Credit requirements can vary by program.

How much equity is required for a private mortgage loan?

The private loan program described on this page currently states a minimum requirement of 40% equity, although requirements can vary and additional collateral may be considered.

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