Private mortgages are becoming a more popular way to borrow money. Whether you’re looking for a way to avoid the strict rules of the banks or you’re just looking for a better interest rate, a private mortgage can be a great option. However, there are some things you should know before you borrow money from a private lender. In this article, we will discuss the basics of private mortgages and what you should expect if you decide to take out one.
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