Private Mortgage
A private mortgage from Zerma Finance offers a unique alternative to traditional loans from banks and credit unions. With private lenders, you can enjoy reduced fees and associated costs, making your borrowing experience more affordable.
What sets private mortgages apart? They come with fewer regulations, providing you with greater flexibility in your financing options. Whether you’re looking to buy a new home or refinance, our team is here to help you explore the advantages and disadvantages of private mortgages for both lenders and borrowers.
Key Points
- Arrangement:
A private mortgage is an arrangement between a borrower and an individual lender.
- Fast and Flexible:
Offers faster approval and flexible terms.
- Higher Interest:
May come with higher interest rates and limited consumer protections.
- Requirement:
Private lenders have different requirements and processes compared to traditional lenders.
