Through the recent recession, many investors are placing their investments in private lenders. Private lenders are continuing to become a highly rated commodity in today's economy. You will have the ability earn first-rate returns by investing in private mortgage loans. Furthermore, private loans are much more predictable, stable as well as consistent. In addition to first rate returns, loans for first and second mortgages are available at the lowest possible rates.

Private money loans differ from bank loans, in that loans provided by private lenders earn high interest rates and are funded by private individuals. Not only is a private mortgage a significant source of loans, but is also a strong form of financing that fills substantial emptiness in the financial marketplace.

Private lenders for mortgages provide both a first and second mortgage which involves two types. The first type of mortgage is called a fixed-rate mortgage. Fixed-rate occurs when a loan is given out where the monthly payments are at a set rate. A fixed-rate mortgage is a popular option giving you the confidence of knowing what you pay every month. Second, there is the choice of a variable-rate mortgage. This mortgage involves payments that are dependent on interest rates rising or declining.

Choosing a private lender has many advantages to it. First, the private lender is in complete control of his/her money. Second, there is less worrying involved than in the stock market because the investor, or lender, gets fixed returns. Your money is never shared and the investment is always protected by a mortgage against one property. Furthermore, investing time with a private mortgage lender gives you the satisfaction of personally knowing who is dealing with your money.

Lenders are concerned with both the appraised property value and the property credit. However, private mortgage lenders are mainly concerned with the appraised value, as long as it shows a fair market price. Therefore if a property is doing well and can produce sufficient income to pay, the borrower's credit and credit rating becomes a non-issue the private mortgage lender.

Our private lenders work hard to give you the best service possible as well as rate. We work with our clients on a much more personal basis than banks. Therefore, our clients know who they are working with and trust is never a concern. To get the best deals on rates and options, give us a call today.