If you are looking to purchase a new home or refinance your current mortgage, one of the biggest decisions you will have to make is which lender to choose. While traditional lenders such as banks and credit unions are often the first option that comes to mind, there is another option that some borrowers may consider: private mortgage lenders. In this article, we will discuss the differences between private and traditional lenders and help you determine if a private mortgage is the right choice for your specific situation.
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