An individual or non-institutional entity that lends money for real estate deals outside traditional banks.
Private lenders (often other investors) fill gaps banks won’t: fast closings, unconventional properties, or borrowers who don’t fit conventional underwriting boxes — at a real cost in rate.
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FAQ
What is Private Lender in simple terms?
Private lenders (often other investors) fill gaps banks won’t: fast closings, unconventional properties, or borrowers who don’t fit conventional underwriting boxes — at a real cost in rate.